Industry Analysis & Industry Trends
Kitchen and cookware stores in Australia have dished out hot and cold results in the past five years. Industry performance deteriorated during 2007-08 and 2008-09 as weak economic conditions eroded consumer sentiment and with it consumer spending. Despite this, demand was bolstered by a strong uptake in cooking activities by Australian thanks to the popularity of various cooking programs on TV 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 this industry as well. Revenue grew during 2009-10 and 2010-11 due to these factors.
Australians have been spending more on their houses and kitchens... purchase to read more
Industry Report - Industry Products Chapter
Products and services in the Kitchen and Cookware Stores industry in Australia predominantly revolve around equipment and utensils used within the kitchen for the preparation of food.
The cookware segment makes up the largest share of the products offered by the industry, accounting for an estimated 39.8% of industry revenue. This product segment mainly accounts for core goods used in cooking such as pots and pans, woks, grill pans and boilers. IBISWorld expects that over the five years through 2012-13, this product segment's contribution to the overall industry is relatively stagnant, despite pots and pans being typically expensive and necessary for cooking. This is a result of innovations making products sturdier and in lesser need of repair or replacement... purchase to read more