By Andy Young
The Australian Liquor Stores Association and IRi have worked together to produce the inaugural 2016 Australian Retail Liquor – State of the Industry Report.
Building on from last year’s Australian Retail Liquor Market Insights report published by ALSA, the State of the Industry Report provides a details on the overall size, health and trends within Australia’s liquor retailing industry.
The ALSA/IRi report provides a fact-based analysis of the composition and performance of the industry and details on the common issues affecting ALSA members and the broader industry.
ALSA CEO Terry Mott said: “The report identifies many challenges, but importantly many opportunities for ALSA’s retailer members to build on the continuing change in drinking habits away from volume, to preferences for more premium products.
Mott told TheShout: “The thing that the report really does is that for a lot of retailers, premiumisation has become a bit glib. What does it actually mean? How does a retailer translate it and do something with it?
“What the report does, because it goes into full category detail with brands, is it really offers a lot of insight into what they should be doing with individual brands in the market place.”
ALSA and IRi have produced two reports: one, which provides detailed market analysis across all segments of liquor retailing and which is available to ALSA members and a second report which is a short snapshot of the market containing the core messages for the industry.
The report shows that the retail liquor sector is currently valued at $16.2 billion and supports over 165,000 Australian jobs, directly employing 47,500 people across the country.
More detailed information regarding the contents of the report is available here.
The ALSA-IRi State of the Industry Report is formerly launched in Canberra this evening and there will be workshops about the report in Canberra on Thursday morning and in Sydney on 5 April. You can register for these networking events through the ALSA website. Further networking events around the country will follow.