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Candy Stores in Australia Industry Data and Analysis
The Candy Stores industry has remained buoyant through the COVID-19 pandemic, despite fluctuations in consumer sentiment and household discretionary incomes. Australian consumers have demonstrated an increasing inclination to indulge in small luxuries like high-quality confectionery. This trend survived the pandemic, as consumers adapted to purchasing candy online, accelerating the growth of multichannel candy retailers. Nonetheless, extended city-wide lockdowns hurt in-person sales of candy, especially in Melbourne and Sydney. Conversely, government assistance programs like Australia's JobKeeper payments assisted consumer spending, which flowed through to candy stores. Lockdowns ending further fuelled demand, sparking a spending spree that benefited bricks-and-mortar candy stores. Overall, industry revenue has risen at an annualised 1.1% over the five years through the end of 2023-24, to total $178.7 million. This includes a 1.5% decline in 2023-24, as cost-of-living pressures encourage consumers to reduce spending.
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What's included in this industry analysis
IBISWorld's research coverage on the Candy Stores industry in Australia includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released February 2024.
About this industry
What's this industry report about?
The Candy Stores industry in Australia operates under the ANZSIC industry code OD5578. Candy stores specialise in selling various confections like lollies, hard candies, gum, chocolate, candied fruits, fudge, and marshmallows, among others. These stores offer both local brands and international imports to accommodate a broad age range, from children and adolescents to older adults. Candy stores maintain at least one bricks-and-mortar location, which can be supplemented by an online platform. Related terms covered in the Candy Stores industry in Australia include confectionary , artisanal and organic .
What's included in this industry?
Products and services covered in Candy Stores industry in Australia include Confectionery , Snacks and Beverages .
What companies are included in this industry?
The Candy Stores industry in Australia is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Candy Stores industry in Australia.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Candy Stores industry in Australia.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Candy Stores industry in Australia.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Candy Stores industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Candy Stores industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Candy Stores industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Candy Stores industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Candy Stores industry in Australia.
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Frequently Asked Questions
What is the market size of the Candy Stores industry in Australia in 2026?
The market size of the Candy Stores industry in Australia is $178.7m in 2026.
How many businesses are there in the Candy Stores industry in Australia in 2024?
There are 357 businesses in the Candy Stores industry in Australia, which has grown at a CAGR of 3.0 % between 2019 and 2024.
Has the Candy Stores industry in Australia grown or declined over the past 5 years?
The market size of the Candy Stores industry in Australia has been growing at a CAGR of 1.1 % between 2019 and 2024.
What is the forecast growth of the Candy Stores industry in Australia over the next 5 years?
Over the next five years, the Candy Stores industry in Australia is expected to grow.
What does the Candy Stores industry in Australia include?
Confectionary and Snacks are part of the Candy Stores industry in Australia.
How competitive is the Candy Stores industry in Australia?
The level of competition is moderate and increasing in the Candy Stores industry in Australia.
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