Luxury Foodservice in Australia

December 2021 | 16 pages | ID: L65CF9C70FB7EN
Euromonitor International Ltd

Abstracts

Although inaccessible to international tourists due to state border closures and snap lockdowns in 2020, the performance of Versace’s Palazzo Versace Gold Coast in Queensland, the main luxury foodservice establishment, improved in 2021. The operator rolled out multiple initiatives during the year to attract local tourists to its three restaurants, Vanitas, Il Barocco Restaurant and Le Jardin, as well as the hotel. These included special menus, events and offers for Father’s Day, the “Dine and Un...

Euromonitor International's Luxury Foodservice in Australia report offers a comprehensive guide to the size and shape of the Luxury Foodservice market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market and their effects on Luxury Foodservice retailing along with the development of consumers’ shopping patterns. Forecasts to 2025 illustrate how the market is set to change

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Luxury Foodservice market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

LUXURY FOODSERVICE IN AUSTRALIA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Luxury foodservice outlet Palazzo Versace focuses on local consumers
Businesses invest in experiences to better serve local consumers
Luxury foodservice affected by border closures
PROSPECTS AND OPPORTUNITIES
COVID-19 safety measures could continue to hamper luxury foodservice
Low capability of adopting digital technology is an obstacle to recovery
Decline in tourism will continue to impact demand for luxury foodservice
CATEGORY DATA
Table 1 Sales in Luxury Foodservice: Value 2016-2021
Table 2 Sales in Luxury Foodservice: % Value Growth 2016-2021
Table 3 NBO Company Shares in Luxury Foodservice: % Value 2016-2020
Table 4 LBN Brand Shares in Luxury Foodservice: % Value 2017-2020
Table 5 Forecast Sales in Luxury Foodservice: Value 2021-2026
Table 6 Forecast Sales in Luxury Foodservice: % Value Growth 2021-2026
LUXURY GOODS IN AUSTRALIA
EXECUTIVE SUMMARY
Luxury goods in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for luxury goods?
MARKET DATA
Table 7 Sales of Luxury Goods by Category: Value 2016-2021
Table 8 Sales of Luxury Goods by Category: % Value Growth 2016-2021
Table 9 Inbound Receipts for Luxury Goods by Country of Origin: Value 2016-2021
Table 10 NBO Company Shares of Luxury Goods: % Value 2016-2020
Table 11 LBN Brand Shares of Luxury Goods: % Value 2017-2020
Table 12 Distribution of Luxury Goods by Format and Category: % Value 2021
Table 13 Forecast Sales of Luxury Goods by Category: Value 2021-2026
Table 14 Forecast Sales of Luxury Goods by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources