Industry Analysis & Industry Trends
The Pizza Restaurants industry has felt the heat over the five years to 2014. Operators have been substantially affected by changes in consumer spending, intense external competition and an increase in health consciousness. As the economy improves in the coming years, consumers will increase their purchases of nondiscretionary goods, such as restaurant pizzas. The industry will continue to be negatively affected by increased competition from grocery stores, however, as well as increased health consciousness from consumers.... 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