Industry Analysis & Industry Trends
The Online Small Electrical Appliance Sales industry has sustained considerable growth over the past five years. The industry is characterised by a 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 a low level of technological changes, as expected of an online industry that is simply an extension of an already well-established industry. Rapid growth in online connections and the greater prevalence of online shopping have aided the industry over the past five years. Industry revenue is forecast to rise by an annualised 16.6% in the five years through 2014-15, to reach $178.1... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Online Small Electrical Appliance Sales industry is in the growth stage of its life cycle. IBISWorld determines the life cycle stage of an industry using several proxies: growth of industry value added (IVA), growth in the number of establishments, technological changes, product evolution and market acceptance. The growth of IVA in this industry is expected to reach a compound rate of 13.9% in the 10 years through 2019-20. This is more than four times the growth rate of GDP, which is estimated at an annualised 2.7%. This means that the industry's contribution to the economy will be growing at a significantly higher pace than that of other industries in the economy.
Technological or system changes within the industry are considered to be at a medium level... purchase to read more