(EnergyIndustry.Net, January 10, 2019 ) The electricals sector growth is forecast to improve over the next five years when compared to 2012-2017. The sector is forecast to grow at a CAGR of 2.7% between 2017 and 2022 to reach A$29.7 billion by the end of 2022. Growth in the sector will be driven by new technologies and a strong housing market.
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 electricals 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 electricals sector - Qualitative and quantitative insights of changing retail dynamics in electricals sector.
Scope: - Australia retail market is forecasted to grow at a CAGR of 2.8% during 2017-2022 - Electricals sales grow faster as economy recovers - Specialist retailers cede ground to online players - Electricals holds the second highest online penetration - JB Hi-Fi remains the top player with of the total sector - Amazon registered the highest sales growth during 2016-2017.
Reasons to buy: - Gain a comprehensive knowledge on electricals sector in Australia retail market and develop a competitive advantage from the start of your supply chain - Investigate current and forecast behavior trends in electricals category to identify the best opportunities to exploit - Analysis of key international and domestic players operating in the electricals 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 electricals 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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