The Supermarkets and Grocery Stores industry is one of the most fiercely competitive in Australia. The rapid growth of German-owned ALDI over the past five years has significantly altered the industry. The growing popularity of ALDI, known for its discounted private-label products, has forced the two established industry giants – Woolworths and Coles – to cut prices and expand their own range of private-label products. Changing consumer sentiment and shopping preferences have also influenced the industry's trading conditions. Industry revenue is projected to grow by 3.8% annualised over the five years through 2015-16, to reach $88.1 billion.
Players in the industry are primarily engaged in grocery retailing. Supermarkets and grocery stores retail a range of groceries and food products, including fruit and vegetables, bread, cigarettes, canned goods, toiletries, dairy goods, delicatessen items and cleaning goods. Specialist retailers, niche retailers and convenience stores are excluded from the industry.
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.