Industry Analysis & Industry Trends
Operators in the Houseware Retailing industry sell a range of products including tableware, cooking utensils, bakeware and knives. The industry is part of the Australian furniture, houseware and appliance retailing market, and faces competition from stores outside of the industry that sell housewares, such as department stores and supermarkets. A high proportion of houseware products are well defined and technological advancements within each product segment are minimal. Most operators have a well-established market position, with many players now expanding into niche segments in the industry.
A rise in residential property construction and renovations to existing dwellings have increased demand for the industry's goods over the past five years... purchase to read more
Industry Report - Industry Analysis Chapter
The Houseware Retailing industry has been subject to a range of external factors over the past five years. A weak retail environment fostered by concerns regarding the state of the domestic economy negatively influenced consumer sentiment and adversely affected discretionary spending behaviour. However, changing household formations and strong growth in residential building developments have positively influenced the demand for industry products. Industry revenue is expected to rise at an annualised 1.0% over the five years through 2016-17, to total $1.42 billion. Revenue is anticipated to rise by 2.0% in the current year, driven by an increase in discretionary incomes... purchase to read more