Industry Analysis & Industry Trends
The Online Perfume and Cosmetic Sales industry has performed strongly over the past five years, in line with the general online retail industry. The industry took a hit in 2008-09 due to the global financial crisis, and remained subdued over 2009-10 as the effects lingered. During these two years, consumer sentiment was low and savings levels increased. Although industry products are somewhat inelastic, as they are perceived by many to be necessities, they are still discretionary items. Consumers tended to refrain from purchasing extra unnecessary items, and downgraded to cheaper alternatives of items they required. As soon as sentiment improved and economic activity strengthened in 2010-11, industry revenue rebounded solidly with a 9.8% gain... purchase to read more
Industry Report - Industry Locations Chapter
Establishment locations are concentrated along the eastern coastal states of Australia, largely in line with the population spread across the country. New South Wales, Victoria and Queensland are therefore expected to account for over 80.0% of the industry's total number of establishments. Sydney has the highest number of business locations because it is the most populated city and allows for easy shipping to Victoria, Queensland and the Australian Capital Territory.
Businesses tend to hold storage sites in close proximity to manufacturers and customers, which allows for more efficient supply chain management. Companies can thus reduce delivery times and transport costs... purchase to read more