Electrical and Lighting Stores in Australia - Market Research Report 2015-2030

Fully charged: Operators have increased their focus on high-value products, powering revenue

The Electrical and Lighting Stores industry has exhibited mixed results over the past five years. Despite discretionary income growth, volatile consumer sentiment has contributed to annual fluctuations in industry revenue over the period. Increasing competition from external competitors has contributed to further downward pressure on industry revenue. Operators focusing on high-value products and strong growth from the industry's major players have partly offset these trends. Overall, industry revenue is expected to rise at an annualised 2.5% over the five years through 2022-23, to $2.8 billion. This increase includes an expected decline of 0.4% in the current year, owing to reduced demand from house construction and weak discretionary income growth.

Industry firms primarily retail lighting and electrical goods, such as fixtures and fittings, light bulbs and globes, batteries and other electrical products. Department stores and other retailers that sell these products in addition to other goods are excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.