The outlook for appliances and electronics specialists is fairly positive, with the channel set to record stable value growth (at constant 2024 prices) over the forecast period. Sales are likely to be driven by a number of factors, including an improving economy, thereby supporting disposable incomes and a greater willingness to invest in various essential and discretionary items, an expanding population driven by immigration, and the rising number of new households set to be constructed in the country, which will likely support consumer spending on various goods needed to furnish their homes.
Australians continue to spend greater time at home due to hybrid/remote arrangements with their employers, while some avoid socialising outside of the home, such as visiting foodservice establishments, to save money. Therefore, Australians are looking to invest in and update their appliances with energy-efficient attributes to achieve long-term savings as they use them more frequently.
E-commerce is set to remain an important channel for sales of appliances and electronics in Australia over the forecast period due to the many advantages consumers can enjoy from making online purchases. For instance, many find it more convenient to quickly browse online platforms and have the product delivered, thereby saving time and energy transporting these items back home themselves.
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Understand the latest market trends and future growth opportunities for the Appliances and Electronics Specialists industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Appliances and Electronics Specialists industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Appliances and electronics specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: domestic electrical appliances, consumer electronics (including mobile phones), and/or computers and peripherals. Appliances and electronics specialists value sales excludes revenues derived from telecoms service plans and top-up cards. Example brands include Apple, Best Buy, and Gome.
See all of our definitionsThis report originates from Passport, our Appliances and Electronics Specialists research and analysis database.
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