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 Key Buyers Chapter
Kitchen and cookware stores have a low level of market share concentration, with the top three players accounting for less than 20.0% of total market share. There are very few players that have a pure kitchen and cookware focus, with companies preferring diversified operations including other housewares. Industry players largely focus on regional dominance and winning their respective niche markets rather than dominating the overall market. This has resulted in a large number of enterprises and few countrywide franchise operations. Market share concentration is anticipated to rise over the next five years, following the recent acquisition of Robins Kitchen by Global Retail Brands, the parent company of House... purchase to read more