What is the Kitchen and Cookware Stores industry?
The Kitchen and Cookware Stores industry has posted a mixed performance over the past five years, fluctuating in line with private capital expenditure on kitchens. Consumers' increasing awareness of the food they eat has boosted demand for kitchen and cookware. Rising health consciousness, along with greater demand for food products grown and manufactured locally, is fuelling a trend towards home cooking.
A developing foodie culture in Australia has had mixed effects on the industry. On the one hand, Australians are becoming more interested in cooking as a pastime and so are investing in the necessary cookware and utensils. On the other hand, Australians are spending more money on dining out, which is limiting the pace of industry expansion... purchase to read more