The Pubs, Taverns and Bars industry has posted relatively modest growth over the past five years. Growth has been constrained by declining beer consumption, strong competition from liquor retailers and the economic downturn. This has caused the collapse of some highly leveraged pub operators and led many consumers to swap a bar stool at their local for the comfort of their couch at home. To make matters worse, there have been changing community attitudes towards the industry's two major products: alcohol and gambling. During 2012-13, industry revenue is forecast to grow by only 2.1% due to the weak retail environment and wet weather.
Operators in the Pubs, Taverns and Bars industry are establishments that sell alcoholic beverages, either for consumption 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.