Industry Analysis & Industry Trends
Kitchen and cookware stores in Australia have dished out hot and cold results over the past five years. Increases in expenditure on house renovations, discretionary incomes and the number of households have driven revenue growth. However, competition from cafes, restaurants and takeaway services have put downward pressure on the industry expansion rate. Despite this, demand was bolstered by a strong uptake in cooking activities due to the popularity of TV cooking programs and the desire to cook and eat healthy food. As older people tend to cook more meals at home, an ageing Australian population is also anticipated to have fuelled industry revenue growth. These factors are projected to drive revenue growth of 1.8% in 2015-16... 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