Industry Analysis & Industry Trends
Industry operators retail a range of home furnishing products online, including curtains, blinds, shades, floor coverings and decorative accessories. The industry has sustained robust growth over the past five years, primarily boosted by generally upbeat consumer sentiment and growth in real household disposable income. The rapid growth in online connectivity has boosted the industry over the past five years, as consumers increasingly gravitated online to search for a range of home furnishing items. Industry revenue is forecast to rise by an annualised 7.7% in the five years through 2014-15. This includes a forecast growth rate of 7.9% in 2014-15, to bring revenue to $169.1 million... purchase to read more
Industry Report - Industry Analysis Chapter
Increased online connectivity and greater acceptance of online shopping have underpinned recent growth in the industry. Growth in the number of households and the general upward trend of dwelling commencements have also supported demand for home furnishing items. Industry revenue is forecast to expand by an annualised 7.7% in the five years through 2014-15, to reach $169.1 million. Revenue is projected to rise by 7.9% in 2014-15, buoyed by positive consumer sentiment and growth in real household discretionary income.
Growth in the number of internet connections has supported the Online Home Furnishing Sales industry, as it effectively expands the market for online consumers... purchase to read more