Industry Analysis & Industry Trends
The Online Small Electrical Appliance Sales industry has sustained considerable growth over the five years through 2015-16. The industry is characterised by a relatively small number of players enjoying fast organic growth. Online purchases of electrical appliances are 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 of an online industry that is largely an extension of a well-established bricks-and-mortar industry. Rapid growth in internet connections and the greater prevalence of online shopping have supported industry growth over the past five years, with revenue is forecast to rise by an annualised 16.1%, to reach $200.3... 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 enjoyed strong growth over the past five years. Industry revenue is forecast to grow by an annualised 16.1% over the five years through 2015-16, to reach $200.3 million. The astronomical growth rate is attributed to the industry coming from a low base, as well as enhanced online connectivity. The increased acceptance of online shopping has also underpinned growth in the industry. Industry revenue is forecast to grow by 11.9% in 2015-16.
The rapid growth rate of industry firms is particularly impressive when compared with the poor performance of their bricks-and-mortar counterparts... purchase to read more