Off-licences are licensed to sell alcoholic beverages to be consumed off their premises. The industry has faced a turbulent time over the past decade, with strong declines in establishment numbers and revenue. Traditional off-licences have struggled under the weight of predatory pricing by supermarkets and the drag of the economic downturn. Disposable incomes shrank during the downturn and consumers cut back on discretionary products such as alcoholic beverages. As their sales and margins collapsed, many off-licences were forced out of the industry. When economic conditions did begin to improve, off-licences faced increasing competition from convenience stores and express supermarkets.
Operators in this industry are specialised retailers licensed to sell alcoholic beverages for consumption off the premises. The industry does not include supermarkets and grocery-focused convenience stores that may also have this licence.
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.