Industry Analysis & Industry Trends
Operators in the Houseware Retailing industry sell a range of products including tableware, cooking utensils, bakeware and knives. The industry is part of the Australian furniture, houseware and appliance retailing market, and faces competition from stores outside of the industry that sell housewares, such as department stores and supermarkets. A high proportion of houseware products are well defined and technological advancements within each product segment are minimal. Most operators have a well-established market position, with many players now expanding into niche segments in the industry.
A rise in residential property construction and renovations to existing dwellings have increased demand for the industry's goods over the past five years... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entry into the Houseware Retailing industry are low. The capital costs associated with establishing new outlets are relatively low, as most of the stores in the industry are small to medium-size enterprises with one outlet. Industry concentration is classified as low, with no industry participant accounting for more than 5.0% of the market. The most significant costs for operators include purchases, wages and rent. Many major retail chains offer individuals and businesses the opportunity to purchase a franchise. Franchise costs remain reasonable and are not a high barrier to entry.
The diversity in terms of price, location, style and quality of the many product segments in the industry enables some small operators to specialise and profit in a niche market segment... purchase to read more