The Pubs, Bars and Nightclubs industry has recorded moderate growth over the past five years. Growth has been constrained by strong competition, volatile consumer sentiment and limits on poker machine numbers. This has caused the collapse of some highly leveraged pub operators, as many consumers have swapped a bar stool for the comfort of their couch at home. Nevertheless, industry revenue is expected to increase by an annualised 2.1% over the five years through 2014-15, to reach $16.5 billion. During 2014-15, industry revenue is forecast to grow by 1.1%, as economic conditions brighten and consumers increase discretionary spending.
Operators in the industry sell alcoholic beverages for consumption either on the premises (e.g. bars) or off the premises (e.g. drive-through bottle shops).
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.