Tough customers: Subdivision firms have struggled to compete against cheap online-only stores

IBISWorld’s Consumer Goods Retailing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.


Industry Threats & Opportunities

  • Subdivision operators have been subject to intensifying competition from online-only retailers
  • Domestic companies have increasingly migrated online by developing multichannel sales platforms
  • Online shopping and auction websites will influence sales across individual product categories

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    Industry Analysis & Industry Trends

    The Consumer Goods Retailing subdivision has struggled with tough retail conditions over the past five years. Weak economic growth and volatile consumer sentiment due to unstable financial markets resulted in a tense time for subdivision operators, as households scaled back discretionary expenditure on non-essential goods. The household savings ratio remained high over the period, indicating that consumers continued to be cautious with their spending. This contributed to a fall in retail demand for photographic equipment, video games and recorded music, newspapers and books, and stationery goods.

    A growing trend towards bargain hunting has developed as consumers have become more informed about purchases and the value of the products they buy...

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    Industry Report - Industry Products Chapter

    Industries in the Consumer Goods Retailing subdivision sell a diverse range of products, such as housewares, furniture, office supplies, clothing, footwear, jewellery, newspapers, books and domestic appliances. These products can be grouped into three broad categories: clothing, footwear and personal accessories; household goods; and other consumer goods.

    Household goods

    Household goods account for the largest share of subdivision revenue, estimated at 41.1%. This segment encompasses a range of products such as furniture, housewares, computers, hardware, building supplies and domestic appliances. This segment has grown strongly over the past five years and increased as a share of subdivision revenue, despite difficult economic conditions.


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    Additional Insights for the Consumer Goods Retailing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Consumer Goods Retailing Industry are

  • Store presentation
  • Monitoring competition
  • Stock levels
  • IBISWorld analysts also discuss how external factors such as Real household disposable income and Consumer sentiment index in the Consumer Goods Retailing industry impact industry performance..

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    Industry Products

    What is the Consumer Goods Retailing Industry?

    Subdivision operators sell personal and household items such as clothing, furniture, appliances, computers and garden supplies. This does not include revenue from sales of food, fuel, alcohol or motor vehicles. Retailers purchase stock from manufacturers or wholesalers and then sell these products to the public. Although online sales generated by traditional retailers are included in the subdivision, revenue earned by online-only retailers is excluded.

    Industry Products
    Household goods
    Clothing, footwear and personal accessories
    Other consumer goods
    Industry Activities
    Department store operations
    Clothing retailing
    Domestic appliance retailing
    Furniture retailing
    Hardware retailing
    Computer and software retailing
    Pharmacy operations
    Toy and game retailing
    Footwear retailing
    Newspaper, book and stationery retailing

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Real household disposable income
  • Consumer sentiment index
  • Demand from online shopping
  • Trade-weighted index

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • Table: Consumer Goods Retailing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Consumer Goods Retailing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Manufacturing
  • Retail Property Operators
  • Telecommunications Services
  • Wholesale Trade

  • Products & Services
  • Household goods
  • Other consumer goods
  • Clothing, footwear and personal accessories
  • Chart: Consumer Goods Retailing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 35 to 54
  • People aged 15 to 34
  • People aged 55 and over
  • Chart: Major Market Segmentation for the Consumer Goods Retailing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Consumer Goods Retailing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Consumer Goods Retailing Industry

  • Industry Globalization
    Major Companies
    Wesfarmers LimitedWoolworths Ltd
  • Table: Wesfarmers Limited - financial performance
  • Table: Woolworths Ltd - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Consumer Goods Retailing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Consumer Goods Retailing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Point Of Sale (Pos)
  • Technology that combines a cash register and an electronic payment system in one device.
  • Radio Frequency Identification (Rfid)
  • An object or tag that is applied to a product, person or animal for the purpose of tracking and identification using radio waves.
  • Wholesale Bypass
  • A trend whereby the wholesaler is bypassed in the supply chain, such as when retailers purchase directly from the manufacturer.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Consumer Goods Retailing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Consumer Goods Retailing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Consumer Goods Retailing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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