Albany, NY -- (SBWIRE) -- 10/12/2016 -- About Retail Market in Australia

The retail market in Australia has been witnessing high growth over the past few years and shaping up to be one of the top competitive markets at a global level. As boundaries of global retail falls, the Australian consumers are becoming more sophisticated and demanding, there are positive signs to be optimistic about the opportunities being created in the changing market.

Technavios analysts forecast the retail in Australia to grow at a CAGR of 2.39% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the retail in Australia for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of products in the residential segment.

The market is divided into the following segments based on product:
Apparel
Footwear

Technavio's report, Retail in Australia 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ALDI Stores
JB Hi-Fi
Metcash
Woolworths
Wesfarmers

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Market driver
Growth in tourism boosting the retail market
For a full, detailed list, view our report

Market challenge
High penetration and the durability
For a full, detailed list, view our report

Market trend
Online and Omni retail channel trend
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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