Industry Analysis & Industry Trends
The Liquor Retailing industry has experienced a variety of challenges over the past five years. Declining per capita alcohol consumption, rising health awareness and competitive pressures have affected the industry. Despite these trends, the industry is expected grow over the period, largely on the back of increasing consumer demand for higher value, premium beverages. Industry revenue is expected to increase by an annualised 3.3% over the five years through 2015-16, to reach $10.0 billion. Rising discretionary incomes and increasing consumer demand for premium beverages are expected to contribute to 3.1% industry revenue growth in 2015-16.
The biggest influence on the industry over the past five years has been the growing market dominance of Woolworths and Wesfarmers-owned Coles... purchase to read more
Industry Report - Industry Products Chapter
While overall per capita alcohol consumption has declined over the past five years, liquor retailing has remained fairly steady due to changes in the type of beverages purchased. The 2008 excise increase on pre-mixed drinks has taken a toll on the popularity of ready-to-drink spirits (RTDs), while shifting trends in beer consumption have been altering beer-purchasing habits. The growth of higher value premium alcohol sales has been a strong factor in liquor retailing revenue growth.
Beer is expected to account for an estimated 37.6% of industry sales by value in 2015-16, having declined over the past five years due to the popularity of other beverage segments... purchase to read more