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The Australia department stores market size is projected to grow at a CAGR of 4.6% between 2024 and 2032.
FMCG contributes to the Australia departmental stores market growth due to its rapid turnover rate
FMCG (Fast Moving Consumer Goods) proves advantageous for departmental stores due to its quick turnover driven by frequent purchases of toiletries, food, and cleaning supplies. Repeat patronage and impulse buys foster customer allegiance, while a diverse brand selection and seasonal promotions entice varied customer bases, amplifying overall sales. New departmental stores are strategically emerging to tap into this market.
In December 2023, Heinemann Australia launched department stores at Sydney Airport's domestic terminal, boasting a 2,270sqm area. It features the most extensive beauty brand collection among domestic airports in Australia, alongside a full range of fashion, accessories, watches, jewellery, chocolates, gifts, wines, and spirits.
Hardlines, such as electronics and furniture, offer durable, high-margin products acting as showroom pieces, drawing customers, and creating upselling prospects. They enhance customer satisfaction and trust. Softlines, encompassing apparel and accessories, track fashion trends, nurturing brand loyalty through imaginative displays and tailored marketing for specific demographics.
Australia Department Stores Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Region
The Australia department stores market key players are Woolworths Group Limited, Harrolds Logistics Pty Ltd., Wesfarmers Ltd. (Kmart), Myer Pty Ltd., and David Jones Limited among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Department Stores Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Department Stores Historical Market (2018-2023)
8.3 Asia Pacific Department Stores Market Forecast (2024-2032)
9 Australia Department Stores Market Overview
9.1 Key Industry Highlights
9.2 Australia Department Stores Historical Market (2018-2023)
9.3 Australia Department Stores Market Forecast (2024-2032)
10 Australia Department Stores Market by Type
10.1 Apparel and Accessories
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 FMCG
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Hardline and Softline
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Australia Department Stores Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Victoria
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Queensland
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Western Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Woolworths Group Limited
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Harrolds Logistics Pty Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Wesfarmers Ltd. (Kmart)
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Myer Pty Ltd.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 David Jones Limited
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Department Stores Market: Key Industry Highlights, 2018 and 2032
2. Australia Department Stores Market: Key Industry Highlights, 2018 and 2032
3. Australia Department Stores Historical Market: Breakup by Type (USD Million), 2018-2023
4. Australia Department Stores Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Australia Department Stores Historical Market: Breakup by Region (USD Million), 2018-2023
6. Australia Department Stores Market Forecast: Breakup by Region (USD Million), 2024-2032
7. Australia Department Stores Market Structure
The market is projected to grow at a CAGR of 4.6% between 2024 and 2032.
The department stores market is categorised according to type, which includes apparel and accessories, FMCG and hardline and softline.
The key players are Woolworths Group Limited, Harrolds Logistics Pty Ltd., Wesfarmers Ltd. (Kmart), Myer Pty Ltd., and David Jones Limited among others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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