Industry Analysis & Industry Trends
The Chocolate Stores industry is a mature one, providing widely accepted chocolate products to downstream consumers. Revenue growth is determined by demand from households, which is ultimately driven by consumer spending and preferences. During the five years to 2013, industry revenue has grown at an estimated average annual rate of 3.4% to $895.3 million, including anticipated growth of 3.8% in 2013. Sustained, albeit nominal, increases in disposable income have underpinned growth. The recession that started in 2008 and continued through 2009 only marginally hindered the industry, causing revenue to contract a slight 0.5% in 2008.
Consumers regard chocolate products as small, yet affordable luxuries.... purchase to read more
Industry Report - Industry Investment Chapter
The Chocolate Stores industry has a low level of capital intensity, with operators spending an estimated $0.08 on capital for every dollar spent on labor. Capital typically comes in the form of fixtures and fittings such as display shelving, cash registers and point of sale systems; nonetheless, companies incur minor capital costs. Capital intensity has risen slightly during the past five years as wages contracted, but equipment costs remained steady. Over the years to 2018, wages will increase at an estimated average annual rate of 1.0%... purchase to read more