Industry Analysis & Industry Trends
The Pizza Restaurants industry has produced anemic growth over the five years to 2015. Intense external competition and an increase in health consciousness among consumers have worked against the industry. Despite these obstacles, many operators have performed well, adapting their menus and investing in advanced technology, including sophisticated web-based ordering systems, to boost efficiency and improve profit margins. The industry will continue to enjoy moderate growth over the next five years. Pizza restaurants will benefit as the economy continues to improve, unemployment rates decline and growing household incomes allow consumers to increase spending on high-priced menu items.... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry into the Pizza Restaurants industry are moderate, but increasing. Players that want to enter into the industry can do so by opening a franchise under one of the major companies' brands. Franchise operations allow for lower barriers to entry than starting an operation from the ground up. Franchises can lease premises and equipment, furniture and fittings from the parent company, which lowers operating costs and can help to minimize some of the risks of running a brand-new business. Parent companies also provide training to their franchisees to ensure smooth operations. Individual locations are responsible for managing their day-to-day activities.
Industry concentration is low, with the top four operators holding less than 40.0% of the market share... purchase to read more