Industry Analysis & Industry Trends
The Houseware Retailing industry sells 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 as such, it faces competition from other stores that sell housewares, such as department stores and supermarkets. The industry is in the mature stage of its life cycle, as 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 within the industry... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, the Houseware Retailing industry has been at the mercy of a range of external factors. Weaker economic conditions early in the five-year period affected consumer sentiment, and home renovation and construction rates. Over the long term, changing household formations and population growth have influenced the demand for industry products. A strong Australian dollar over the period has provided domestic retailers with a new challenge, as consumers increasingly source products from overseas retailers to avoid paying higher domestic prices.
Industry revenue is expected to rise at an annualised 0.9% over the five years through 2014-15, to total $1.6 billion... purchase to read more