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Antique and Used Goods Retailing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Antique and Used Goods Retailing Market Research Report | ANZSIC G4273 | Jun 2012

Polishing up: Players will enhance customer service to compete with online auction sites

IBISWorld’s Antique and Used Goods Retailing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 07-12
4.6%
Annual Growth 12-17
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Profit
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Employment
12,594
Businesses
3,980
Industry Analysis & Industry Trends

Antique dealers have been working hard over the past five years. With sales rising by an annualised 4.6% over the five years through 2011-12, the industry has experienced strong growth compared with the consumer goods division, which only sells new merchandise. Antique and used good retailing has largely benefited from continued consumer demand for antique goods that are aesthetic, rare, in good condition, or useful. The antique market has thus benefited from a healthy turnover of preloved items and memorabilia to new homes. Steady growth in disposable income levels has also helped demand, as have fluctuations in the consumer sentiment index... purchase to read more

Industry Report - Industry Investment Chapter

Much like other industries covered by the Consumer Goods division, retailers of antiques and used goods face a low level of capital intensity. Capital expenditure for this industry comes in the form of fixture and fittings. Most businesses in this industry are small independent operators or part of a franchise. Stores are usually rented rather than owned by the company. Small operators of antique and used good stores are also unlikely to invest a large proportion of revenue on capital (automated inventory control systems). Alternatively, as this is a labour intensive industry, a high level of customer service is required. Hence, labour costs for this industry are incurred through the need to hire staff to assist consumers with their purchases... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Antique and Used Goods Retailing Industry?

Operators in this industry sell antiques and used goods (except motor vehicles or motor cycles and parts). Antique goods sold by this industry are sourced from individuals or corporations, while used goods or second-hand goods are generally donated to the business or organisation.

Industry Products
Used goodsAntique goods
 
Industry Activities
Antiques retailingCoin dealingDisposals retailingPawnbrokingSecond-hand goods retailing (except motor vehicles, motorcycle and parts)Stamp dealing


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