Industry Analysis & Industry Trends
Revenue for the Online Small Electrical Appliance Sales industry is expected to expand considerably over the five years through 2016-17. The industry is characterised by a small number of players enjoying fast organic growth. Online purchases of electrical appliances have been increasing in popularity, largely due to a receptive market that has been extensively primed by other online industries. Products in the market are well developed with minimal technological changes, as expected from an online industry that is largely an extension of a well-established bricks-and-mortar industry. Rapid growth in internet connections and greater prevalence of online shopping have supported industry growth over the past five years, with revenue expected to rise by an annualised 14.8%, to reach $224.4... purchase to read more
Industry Report - Industry Analysis Chapter
Following the success of other online shopping industries, the Online Small Electrical Appliance Sales industry has also grown strongly over the past five years. Industry revenue is expected to rise by an annualised 14.8% over the five years through 2016-17, to reach $224.4 million. This astronomical growth rate is attributed to the industry coming from a low base, and from enhanced online connectivity. The increased acceptance of online shopping has also underpinned this growth. Industry revenue is expected to grow by 10.8% in 2016-17.
The rapid growth rate of industry firms has been particularly impressive when compared with the poor performance of their bricks-and-mortar counterparts... purchase to read more