About Retail Market in Australia
The retail market in Australia has been witnessing high growth over the past few years and shaping up to be one of the top competitive markets at a global level. As boundaries of global retail falls, the Australian consumers are becoming mo ..."
BMI View: The Australian retail sector looks set to remain robust, with significant investment in shopping
centre development and high number of retailers planning to enter the market by the end of 2016. The
reinstatement of the country's coalition government for a se ..."
BMI View: The weakness of the Australian dollar has benefited local retailers, particularly online retailers,
as overseas products have become more expensive. The slump has, however, hurt retailers of imported
goods. Nevertheless, we expect interest in the Australian ..."
"The Future of Retailing in Australia to 2020" is based upon an extensive, cross-country, industry research program which brings together Verdict Retail's research, modeling, and analysis expertise in order to develop uniquely detailed market d ..."
BMI View: The continuing slump of the Australian dollar will hurt the affordability of imported goods
across all retail sub-sectors. Despite that, around 30 midmarket and luxury retailers are planning to enter
the Australian market in 2016, on hopes that the rebound o ..."
BMI View: Decreased commodity prices and slower overall investments have contributed to the
deceleration of the Australian economy. The country's households have some of the largest debts in the
world and the retail sector is highly saturated, however, the constructio ..."
Food and grocery is by far the largest product sector in Australia in terms of share of total retail sales. This sector is expected to witness a CAGR of 3.4% over the forecast period to reach AUD171 billion by 2019. Rapid pace of urbanization, ..."
Australia's retail market for electrical and electronics holds a notable market share of 11.2% in 2014. Stable economic conditions and increasing consumer confidence helped the growth of sales in electrical and electronics market in the country ..."
Clothing and footwear are among the major product sectors in Australia accounting for 10.5% of the total retail sales in 2014. A rise in disposable income and changing preferences towards branded products are major factors driving the growth fo ..."
Sales of home and garden products accounted for 7.2% of the total retail sales in 2014. Ongoing real estate developments and changing lifestyles in Australia have helped home and garden products to achieve buoyant growth. Urbanization and impro ..."