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 - Starting a New Business Chapter
The barriers to entry into the Houseware Retailing industry are low. The capital costs associated with establishing new outlets are relatively low, as most of the stores in the industry are small to medium-size enterprises with one outlet. Industry concentration is classified as low, with no industry participant accounting for more than 5.0% of the market. The most significant costs for operators include purchases, wages and rent. Many major retail chains offer individuals and businesses the opportunity to purchase a franchise. Franchise costs remain reasonable and are not a high barrier to entry.
The diversity in terms of price, location, style and quality of the many segments in the industry enables some small operators to specialise and profit in a niche market segment... purchase to read more