Kitchen and cookware stores in Australia have dished out hot and cold results during the past five years. Industry performance deteriorated in 2008-09 as weak economic conditions eroded consumer sentiment and household spending. Despite this, demand was bolstered by a strong uptake in cooking activities by Australians thanks to the popularity of various TV cooking programs and the desire to cook and eat more healthily. As older people tend to cook more of their meals at home, an ageing Australian population is expected to have driven revenue growth in the industry as well. These factors are expected to drive revenue growth of 2.7% in 2013-14.
Firms in this industry retail kitchen and cookware goods such as pots and pans, bakeware, and knives and utensils used in the preparation of food. The industry excludes department stores, supermarkets and online sales of kitchenware.
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.