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 SWOT Analysis Chapter
The Online Small Electrical Appliance Sales industry is in the growth stage of its life cycle. Over the 10 years through 2020-21, the industry's contribution to the economy (industry value added) is expected to rise by an annual rate of 13.6%, a strong performance when compared with annualised GDP growth of 2.8%. This indicates that the industry is growing at a faster pace than the overall economy.
Technological or system changes within the industry are considered to be at a medium level. Most technological improvements are largely aimed at improving rather than innovating operations or products. Changes in systems can be expected in the next five years as new entrants attempt to operate different business models to achieve competitive advantages... purchase to read more