The Liquor Retailing industry has been affected by declining per capita alcohol consumption, rising health awareness and competitive pressures over the past five years. Despite this, the industry is expected grow over the period due to a low base-year in 2010-11 and increasing consumer demand for higher value, premium beverages. IBISWorld estimates industry revenue will increase at an annualised 3.2% over the five years through 2015-16 to reach $11.0 billion. Despite an uncertain retail environment, industry revenue growth in 2015-16 is expected to be robust, assisted by rising discretionary incomes and increasing consumer demand for a wider range of alcoholic beverages.
Retailers in this industry sell liquor (including beer, wine, spirits and ready-to-drink mixers) in packaged form (i.e. bottles and cans). Alcohol retailed by the industry is intended for consumption away from liquor store premises. The industry includes both online and bricks-and-mortar retailers.
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.