The industry recorded modest growth during the last five years. Declining per capita alcohol consumption, generally uncertain consumer conditions and intense competition have weighed on growth and margins over the period. The major driver of growth has been increasing consumer demand for higher value, premium beverages. Industry growth is forecast to record moderate growth in 2012-13 as the uncertain retail environment and heavy price competition constrains liquor sales. IBISWorld estimates industry revenue will increase an annualised 2.3% over the five years through 2012-13 to $17.2 billion.
Retailers in this industry sell liquor (beer, wine, spirits and ready-to-drink mixers) in packaged form (bottles and cans) and not for immediate consumption in the liquor store.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.