Personal Finance News Releases
(MoneyNewsWire.Net, January 10, 2019 ) As trends in home retailing progress, and change, consumers are influenced by style and fashion influences. The home sector is forecast to grow at a CAGR of 3.5% over the next five years to reach A$43 billion by 2022. Growth in the home sector is being driven by the strong housing market and consumer confidence.
What else does this report offer?
- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in home category group with their product proposition analysis and market positioning in 2017 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in home sector
- Qualitative and quantitative insights of changing retail dynamics in home sector.
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- Australia retail market is forecasted to grow at a CAGR of 2.8% during 2017-2022
- Growth in the housing market and economic stability to drive growth
- Sector to benefit from buoyant housing market
- Increasing consumer interest in home improvement to boost sales
- The sector to register healthy growth with new entrants
- Home improvement and gardening retailers maintain lion’s share of the sector
- Online remains the fastest-growing channel in this sector, though value is low
- Bunnings leads by a healthy margin in the Australian home sector.
Reasons to buy:
- Gain a comprehensive knowledge on home sector in the Australia retail market and develop a competitive advantage from the start of your supply chain
- Investigate current and forecast behavior trends in home category to identify the best opportunities to exploit
- Analysis of key international and domestic players operating in the food and grocery market
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the home market
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
- Analysis of key international and domestic players operating in Australia retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.
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• Harvey Norman
• Fantastic Furniture
• Big W
Key Points from TOC:
The State of the Nation
The State of Retail
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