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Domestic Appliance Retailing in Australia - Market Research Report (2014-2029)

Ryan Tan Ryan Tan Melbourne, Australia Last Updated: October 2024 ANZSIC G4221a

Revenue

$16.9bn

2024-25

$16.9bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

46,556

Businesses

4,070

Wages

$X.Xbn

Domestic Appliance Retailing in Australia industry analysis

Domestic appliance retailers have faced fierce competition from pure-play retailers and department stores over the past few years. Department stores have expanded their domestic appliance product range to compete with traditional retailers, while online sellers have appealed to consumers with their ability to offer competitive prices and convenience. Cost-of-living pressures and high interest rates have fuelled Australia's bargain-hunting trend, exerting pressure on retailers' pricing power and profitability. This challenging trading environment has promoted industry consolidation, with smaller retailers exiting the industry and the larger ones like JB Hi-Fi acquiring E&S Trading in August 2024. Overall, industry revenue is expected to decline by 1.6% over the five years through 2024-25, to $16.9 billion. This includes an estimated growth of 0.3% in the current year, as discretionary spending rises amid easing inflationary pressures.

Trends and Insights

  • Intense competition from pure-play retailers has dented industry performance. Cost-of-living pressures and high interest rates have forced many households to bargain hunt and purchase appliances from sellers like Kogan and Amazon, constraining revenue growth over the past few years.
  • Technology advancements have accelerated appliances’ life cycles. This trend has been spurred by consumers’ desire for the newest appliance releases, including smartphones, televisions with QD-OLED displays and energy-efficient whitegoods.
  • Retailers that neighbour one another are more viable than standalone locations. Combined, these retailers form one-stop destinations for home improvement shopping experiences, offering visibility and regular exposure to targeted customers.
  • External competition from department stores and online sellers has lifted buyer power. Department stores have expanded their household appliance range over the past few years, meaning domestic appliance retailers have less leeway to raise prices for these goods.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 1.6 % over the past five years, to reach an estimated $16.9bn in 2024.

Trends and Insights

Mounting price-based competition has been squeezing market participation and retailers' profitability

  • Fierce competition from department stores and online-only retailers, alongside commonplace bargain-hunting strategies among consumers, has weakened industry revenue. Online-only retailers' invasive advertising and promotional deals – endowed with their lower overhead costs – have meant they're meeting a sizable and growing share of industry demand.
  • Additional trends and insights available with purchase
Domestic Appliance Retailing in Australia
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

The steeping competition will add to demand woes for domestic appliance retailers

  • Competitive woes from department stores and online sellers will persist, prompting price-matching deals across the Domestic Appliance Retailing industry, limiting profitability gains in the coming years. Amazon and Kogan.com will grow their product base and sharpen prices, aiming for a larger share of the appliances industry. Fast shipping times and low-cost delivery will attract shoppers.

Biggest companies in the Domestic Appliance Retailing in Australia

Company
Market Share (%)
2025
Revenue ($m)
2025
JB Hi-Fi
6,104.2
Harvey Norman
2,492.9
BSR Australia
410.1

To view the market share and analysis for all 5 top companies in this industry, view purchase options.

Products & Services Segmentation

Domestic Appliance Retailing in Australia
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Domestic whitegoods, Televisions and Mobile phones and telephone handsets. Domestic whitegoods is the largest segment of the Domestic Appliance Retailing in Australia.

Trends and Insights

Consumer nesting and upgraded green consumption have upheaved demand for domestic whitegoods

  • Domestic whitegoods make up the industry's largest product segment, comprising cooking stoves, ovens, microwaves, hotplates, refrigerators, freezers, washing machines, air conditioners, dishwashers and clothes dryers.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Industry operators retail a range of domestic appliances, including TVs, barbecues, refrigerators, microwaves, washing machines and vacuum cleaners. These products are purchased from manufacturers and wholesalers for resale to consumers at retail stores. The industry also includes online sales by bricks-and-mortar retailers.

What's included in this industry?

Domestic whitegoodsTelevisionsMobile phones and telephone handsetsIrons, toasters, kettles and other goods

Companies

JB Hi-FiHarvey NormanBSR Australia

Purchase this report to view all 5 major companies in this industry.

Related Terms

POINT OF SALE SYSTEMSINTERNET OF THINGS (IOT)SUBSCRIPTION VIDEO ON DEMAND (SVOD)

Industry Code

ANZSIC 2006

ANZSIC 4221 - Domestic Appliance Retailing in Australia

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Intense competition from pure-play retailers has dented industry performance. Cost-of-living pressures and high interest rates have forced many households to bargain hunt and...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Technology advancements have accelerated appliances’ life cycles. This trend has been spurred by consumers’ desire for the newest appliance releases, including smartphones, t...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Retailers that neighbour one another are more viable than standalone locations. Combined, these retailers form one-stop destinations for home improvement shopping experiences...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

External competition from department stores and online sellers has lifted buyer power. Department stores have expanded their household appliance range over the past few years...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Powerhouses JB Hi-Fi and Harvey Norman meet a sizable share of industry demand. Their product range and buying power allow them to offer competitive prices and satisfy consum...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of JB Hi-Fi's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Harvey Norman's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of BSR Australia's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for 2 additional companies

Detailed analysis

  • Description and key data for JB Hi-Fi, and factors influencing its performance in the industry
  • Description and key data for Harvey Norman, and factors influencing its performance in the industry
  • Description and key data for BSR Australia, and factors influencing its performance in the industry
  • Description, key data and performance trends for 2 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Volatile consumer sentiment and discretionary income have fluctuated retailers’ cash flows. Consumers have bounced between stints of elevated spending and savings due to shif...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Continuous increments to the General Retail Award rates have boosted average wages. Amendments like raising the evening penalty rate applied to casual staff and the Retail Aw...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Domestic Appliance Retailing industry in Australia in 2024?

The market size of the Domestic Appliance Retailing industry in Australia is $16.9bn in 2024.

How many businesses are there in the Domestic Appliance Retailing in Australia industry in 2024?

There are 4,070 businesses in the Domestic Appliance Retailing industry in Australia, which has declined at a CAGR of 0.7 % between 2019 and 2024.

Has the Domestic Appliance Retailing industry in Australia grown or declined over the past 5 years?

The market size of the Domestic Appliance Retailing industry in Australia has been declining at a CAGR of 1.6 % between 2019 and 2024.

What is the forecast growth of the Domestic Appliance Retailing industry in Australia over the next 5 years?

Over the next five years, the Domestic Appliance Retailing industry in Australia is expected to grow.

What are the biggest companies in the Domestic Appliance Retailing market in Australia?

The biggest companies operating in the Domestic Appliance Retailing market in Australia are JB Hi-Fi, Harvey Norman and BSR Australia

What does the Domestic Appliance Retailing in Australia include?

Domestic whitegoods and Televisions are part of the Domestic Appliance Retailing industry.

Which companies have the highest market share in the Domestic Appliance Retailing in Australia?

The company holding the most market share in Australia is JB Hi-Fi.

How competitive is the Domestic Appliance Retailing industry in Australia?

The level of competition is moderate and increasing in the Domestic Appliance Retailing industry in Australia.

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Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Australia include:

  • Australian Bureau of Statistics
  • Australian Taxation Office
  • Australian Securities & Investments Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

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