Australia Online Retail Industry Canvassed by SRI in Cutting-edge Market Research Study Available at MarketPublishers.com20 May 2015 • by Natalie Aster
LONDON – As of January 2015, online retail sales in Australia are expected to reach USD 16.6 billion, up 9% YoY. As against previous years that were clocking a 20-30% increase in the segment, the growth in 2014 was subdued. Moving forward, through to 2020, the country’s online retail industry is expected to be on a steady growth path, largely owing to an increasing inclination towards the convenience and better deals available online vis-à-vis traditional retail.
The domestic online retail sector is to a large degree dominated by department and convenience stores, and this segment accounts for around one-third of the country’s total online spending. Historically, online retailers from Australia have fallen behind their overseas competitors when it comes to both price and offerings. Nevertheless, with hefty investments made by local companies engaged in the sector, the things are projected to change.
New cutting-edge study “Assessment of Australia's Online Retail Sector2015” elaborated by Smart Research Insights (SRI) offers a comprehensive, insightful investigation of the Australian online retail market dynamics. He report sheds light on the increasing opportunities in the sector in tandem with major challenges. It also examines the competitive environment in the marketplace, besides presenting detailed profiles of the 6 most prominent players. Furthermore, a review of in-depth industry related opinions.
Companies discussed include: Amazon.com, Inc.; eBay Inc.; JB HI-Fi Australia; Bunnings Warehouse; Target Australia Pty Ltd.; and ASOS.com.
Assessment of Australia's Online Retail Sector2015
Date: May, 2015
Price: US$ 800.00
More reports by the publisher can be found at Smart Research Insights page.