Restaurants in Australia - IBISWorld Industry Market Research

Restaurants in Australia

Restaurants in Australia - IBISWorld Industry Market Research
Restaurants in Australia
Published Nov 01, 2012
30 pages — Published Nov 01, 2012
Price US$ 970.00  |  Buy this Report Now

About This Report

  
Abstract:

The Australian Restaurants industry has faced difficult trading conditions over the past five years. Declining household income during the global economic downturn, rising unemployment and low consumer sentiment caused demand for the industry to plummet. Consumers became vigilant in their spending by choosing to cook at home rather than eat out, and they sought value for money in food purchases. This reduced the frequency of restaurant visits and lowered spending on high-margin menu items, thus prompting a fall in industry revenue over 2008-09. Overall, these factors have restricted growth over the past five years, with revenue expected to increase at a compound annual rate of 0.4%.

This industry includes restaurants that serve food and beverages on the premises. The report covers the following business types: licensed restaurants, BYO restaurants, licensed and BYO restaurants, and unlicensed restaurants. This industry excludes takeaway food services, restaurant and catering services, theatre restaurants and the sale of alcohol for consumption on and off premises.

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.

  
Source:
Document ID
H5731a
Country
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Restaurants in Australia" Nov 01, 2012. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Restaurants-in-Australia-2042-2563>
  
APA:
IBISWorld Industry Market Research. (2012). Restaurants in Australia Nov 01, 2012. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Restaurants-in-Australia-2042-2563>
  
US$ 970.00
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