Floor retailers have struggled over the past five years due largely to mounting competition between operators and a volatile housing market. As a result, industry sales are expected to decline by an annualised 1.3% through 2012-13. Fluctuating income levels, falling consumer sentiment and rising interest rates have affected industry trading conditions during this period. Operators also struggled to make a profit due to the price-competitive nature of the industry.
Industry revenue is set to rise by 1.3% to $2.7 billion in 2012-13.
Retailers in this industry sell a broad range of floor covering products including carpet, vinyl, tiles, rugs and linoleum. Businesses that primarily operate in laying floor covering or retailing ceramic tiles are excluded from this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.