By Andy Young
The Australian Liquor Stores Association (ALSA) and leading consumer data company IRI are launching their second annual State of the Industry Report this week.
The report will be launched at Parliament House in Canberra on Wednesday evening and ALSA CEO Terry Mott is expecting a well-attended event.
“We are expecting a good turnout of Federal MPs and leading industry executives at Parliament House on Wednesday evening,” Mott told TheShout.
“There is also a report briefing for the LSA’s ACT and South-East New South Wales members on Thursday morning, which we also expect will be well attended.”
The report will give members extensive information regarding Australia’s retail packaged liquor sector in 2016, detailing what growth has occurred in which sectors, and what some of the key consumer trends are.
The report also provides a clear snapshot of the jobs, economic and social contribution that the retail packaged liquor sector and the overall alcohol beverages industry makes.
Mott added: “The analysis of consumption trends, and identification of challenges for our members’ businesses from the increasing burden of regulatory issues, show ALSA’s commitment to help retailers understand and deal with the major issues in our ever changing marketplace.
“The report also importantly identifies many opportunities for ALSA’s retailer members to build on the continuing shift in Australia’s relationship with alcohol beverages, away from volume, to preferences for more premium products.
“In doing so, it provides extremely useful and detailed category insights by focusing on the key performance driving segments. Australia’s consumers are drinking less volume of alcohol – but drinking better quality, with the emergence of more premium products, a key feature in all key market segments.”
LSA members interested in attending Thursday’s briefing, which takes place at the Federal Golf Club, Gowrie Drive, Red Hill, can register via the LSA NSW website.