Industry Analysis & Industry Trends
Rolling with the punches
The Sushi Restaurant industry took a couple of big blows during the recession, when per capita disposable income decreased and the unemployment rate jumped drastically. However, as sushi is largely a discretionary purchase, the industry will recover slowly as the incomes rise and spending habits reverse. On the other hand, rising seafood prices and increasing internal competition will hinder revenue and profit through 2017.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
IBISWorld analysis reveals the Sushi Restaurants industry is in a mature stage of its life cycle. Over the 10 years to 2017, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to fall at an average rate of 0.7% per year. In comparison, US GDP is forecast to rise at an average rate of 2.1% annually during the same period. Despite this falling IVA rate, which stems largely from declines during the height of the economic recession in 2009, factors that keep the industry in a mature state include the slowly saturating market and limited ability to introduce new products... purchase to read more