Industry Analysis & Industry Trends
Kitchen and cookware stores in Australia have dished out hot and cold results during the past five years. Industry performance deteriorated in 2008-09 as weak economic conditions eroded consumer sentiment and household spending. Despite this, demand was bolstered by a strong uptake in cooking activities by Australians thanks to the popularity of various TV cooking programs and the desire to cook and eat more healthily. As older people tend to cook more of their meals at home, an ageing Australian population is expected to have driven revenue growth in the industry as well. These factors are expected to drive revenue growth of 2.7% in 2013-14.
Australians have been spending more on their houses and kitchens... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of the kitchen and cookware stores largely correlates with the distribution of the Australian population. As a result, the industry is heavily concentrated in the eastern seaboard states, most notably in New South Wales and Victoria.
Continued urbanisation over the past 10 years has boosted population growth in New South Wales and Victoria. This has led to an increase in kitchen and cookware stores in these states as a larger population gives opportunity to mainstream stores for higher foot traffic, as well as giving niche players access to market opportunities... purchase to read more