Mobile Menu

Liquor Retailing in Australia - Market Research Report (2014-2029)

Matt Reeves Matt Reeves Melbourne, Australia Last Updated: September 2024 ANZSIC G4123

Revenue

$18.1bn

2024-25

$18.1bn

Past 5-Year Growth

Profit

$X.Xbn

Employees

30,767

Businesses

2,403

Wages

$X.Xbn

Liquor Retailing in Australia industry analysis

Liquor retailers have endured several challenges in recent years, including rising health consciousness, declining per capita alcohol consumption, and mounting internal and external competitive pressures. However, ongoing growth in the population aged 18 and older and rising consumer demand for higher value premium beverages have offset these factors. The pandemic significantly affected the industry's revenue performance over the past few years. Panic buying and lockdowns boosted revenue growth over the three years through 2021-22. Revenue falls in subsequent years have been due to normalising conditions post-pandemic. Demand has also taken a hit as consumers feel the pinch of inflation and rising interest rates. Overall, revenue is expected to rise at an annualised 0.4% over the five years through 2024-25, to $18.1 billion. This includes an anticipated drop of 2.6% in 2024-25.

Trends and Insights

  • Revenue growth for liquor retailers surged during the COVID-19 pandemic. Consumers turned to liquor retailers following amid extended restrictions on hospitality venues.
  • Beer sales have declined over the past decade. High- and mid-strength beer varieties have suffered the largest reductions as consumers become more health aware.
  • New South Wales and Victoria account for largest share of liquor retailers. The large – and growing – populations in these states, as well as deregulation activity from the early 2000s, has boosted the number of liquor retailers in these regions.
  • Endeavour Group and Coles are losing market share. Independent stores are increasingly joining banner groups that offer a way for these retailers to reduce their purchase and transport costs.

Access hundreds of analysis and data

  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee

Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 0.4 % over the past five years, to reach an estimated $18.1bn in 2024.

Trends and Insights

Liquor retail sales have trended down from pandemic heights

  • Revenue growth in the Liquor Retailing industry had mostly stagnated over the three years leading up to the COVID-19 outbreak following falling demand from pubs, bars and nightclubs and subdued growth in real household discretionary income.
  • Additional trends and insights available with purchase
Liquor Retailing in Australia
Revenue (2014-2029)
Alfabank-Adres Logo Source: Alfabank-Adres

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Consumer health consciousness trends are set to constrain revenue growth

  • Australians are likely to continue focusing on living healthier lifestyles. Consequently, per capita alcohol consumption is projected to continue declining. Consumers are more informed about the adverse health effects of excessive drinking, prompting a dampening of liquor sales amid an increasing preference for non-alcoholic beverages.

Biggest companies in the Liquor Retailing in Australia

Company
Market Share (%)
2025
Revenue ($m)
2025
Endeavour
6,996.9
Coles
2,697.4
Metcash
1,819.8

To view the market share and analysis for all 4 top companies in this industry, view purchase options.

Products & Services Segmentation

Liquor Retailing in Australia
Products & Services
Alfabank-Adres Logo Source: Alfabank-Adres

Industry revenue is measured across several distinct product and services lines, including Wine, Beer and Bottled spirits . Wine is the largest segment of the Liquor Retailing in Australia.

Trends and Insights

Consumers are increasingly favouring low- and no-alcohol beer

  • This segment includes high-strength, mid-strength, low-strength and no-alcohol beer.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Liquor retailers sell liquor (including beer, wine, spirits and ready-to-drink mixers) in packaged form (i.e. bottles and cans). Alcohol retailed by the industry is intended for consumption away from liquor store premises. The industry includes both online and bricks-and-mortar retailers.

What's included in this industry?

BeerWineBottled SpiritsReady-to-drink mixed spirits (RTDs)Cider

Companies

EndeavourColesMetcash

Purchase this report to view all 4 major companies in this industry.

Related Terms

RTD MIXED SPIRITSSPIRITSBIG-BOXOFF-PREMISESON-PREMISES

Industry Code

ANZSIC 2006

ANZSIC 4123 - Liquor Retailing in Australia

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Revenue growth for liquor retailers surged during the COVID-19 pandemic. Consumers turned to liquor retailers following amid extended restrictions on hospitality venues.

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Beer sales have declined over the past decade. High- and mid-strength beer varieties have suffered the largest reductions as consumers become more health aware.

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

New South Wales and Victoria account for largest share of liquor retailers. The large – and growing – populations in these states, as well as deregulation activity from the e...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Endeavour Group and Coles are losing market share. Independent stores are increasingly joining banner groups that offer a way for these retailers to reduce their purchase and...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Liquor retailers are focusing on improving their online retail capabilities. Endeavour Group and Coles have expanded click-and-collect offerings to more of their stores and w...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Endeavour's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Coles's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Metcash's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for one additional company

Detailed analysis

  • Description and key data for Endeavour, and factors influencing its performance in the industry
  • Description and key data for Coles, and factors influencing its performance in the industry
  • Description and key data for Metcash, and factors influencing its performance in the industry
  • Description, key data and performance trends for one additional company

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Liquor retailing in Australia is regulated at the state and territory level. In Queensland, liquor retailers must already hold a hotel licence and the retail establishment mu...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Profit margins have increased over the past few years. Throughout the pandemic, retail sales volumes benefited from restrictions forcing pubs and bars to close. Demand for pr...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Liquor Retailing industry in Australia in 2024?

The market size of the Liquor Retailing industry in Australia is $18.1bn in 2024.

How many businesses are there in the Liquor Retailing in Australia industry in 2024?

There are 2,403 businesses in the Liquor Retailing industry in Australia, which has grown at a CAGR of 0.8 % between 2019 and 2024.

Has the Liquor Retailing industry in Australia grown or declined over the past 5 years?

The market size of the Liquor Retailing industry in Australia has been growing at a CAGR of 0.4 % between 2019 and 2024.

What is the forecast growth of the Liquor Retailing industry in Australia over the next 5 years?

Over the next five years, the Liquor Retailing industry in Australia is expected to grow.

What are the biggest companies in the Liquor Retailing market in Australia?

The biggest companies operating in the Liquor Retailing market in Australia are Endeavour, Coles and Metcash

What does the Liquor Retailing in Australia include?

Beer and Wine are part of the Liquor Retailing industry.

Which companies have the highest market share in the Liquor Retailing in Australia?

The company holding the most market share in Australia is Endeavour.

How competitive is the Liquor Retailing industry in Australia?

The level of competition is moderate and increasing in the Liquor Retailing industry in Australia.

Related Industries

Widen your competitive advantage with related industries

Competitors

  • Pubs, Bars and Nightclubs in Australia
  • Hotels and Resorts in Australia

Complementors

  • Liquor Wholesaling in Australia
  • Supermarkets and Grocery Stores in Australia

International industries

  • Beer, Wine & Liquor Stores in the US
  • Online Beer, Wine & Liquor Sales in the US
  • Beer, Wine & Liquor Stores in Canada
  • Liquor Retailing in New Zealand
  • Off-Licences in the UK

View all industries in Australia

Methodology

How are Alfabank-Adres reports created?

Alfabank-Adres has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for Alfabank-Adres readers. Finally, each report is reviewed by one of Alfabank-Adres’s editors, who provide quality assurance to ensure accuracy and readability.

Alfabank-Adres relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do Alfabank-Adres analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Australia include:

  • Australian Bureau of Statistics
  • Australian Taxation Office
  • Australian Securities & Investments Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, Alfabank-Adres’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does Alfabank-Adres forecast its data?

Alfabank-Adres’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

Alfabank-Adres prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.