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Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Department Stores Market Outlook
*this image is indicative*
Based on the type, the Australia department stores market share is driven by apparel and accessories
The Australia department stores market is boosted as these stores provide a wide variety of clothing, footwear, and accessories from various brands, catering to different genders, sizes, and price points to satisfy diverse consumer needs. These stores also create marketing campaigns, and in-store promotions to attract shoppers and drive sales.
According to the Australian Bureau of Statistics (ABS), spending on clothing, footwear, and personal accessory retailing increased from AUD 2,881.9 million in December 2023 to AUD 3,079.7 million in February 2024 with the monthly turnover increased by 4.2%.
The emerging trends on social media platforms have boosted Australia department stores market growth as social media influencers create content to follow fashion trends which influence the purchasing decisions of consumers. They promote different brands, and their collections help department stores build credibility and foster authentic connections with consumers. As per the Australian Bureau of Statistics, the total retail monthly turnover in Victoria and New South Wales increased by 0.7% in February 2024.
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
FMCG (Fast-Moving Consumer Goods) products have been a significant driver of the department stores market due to their high demand and frequent purchase cycles. Department stores have become a one-stop shop for consumers seeking a wide range of FMCG products, including food and beverages, personal care items, household cleaning products, and more. This variety attracts a steady stream of customers, ensuring regular foot traffic and consistent sales.
The growth of the department stores market is fuelled by increasing changes in consumer behaviour and the growing influence of social media platforms.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 4.60% between 2024 and 2032.
Based on the type, the department stores market is bifurcated into apparel and accessories, FMCG, and hardline and softline.
Key players in the industry 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.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
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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