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Australia online retail market: 11.3% CAGR growth forecast between 2012-17
Consumer Attitudes and Online Retail Dynamics in Australia, 2013 - a new market research report on 2014-03-24 12:41:01
The Australian online retail market is expected to grow at a CAGR of 11.28% during 2012-2017, outpacing sales growth in physical retail stores, which is forecast to grow at just 3.66% during the same period.Online expenditure is growing in Australia, so online retailers are adopting various strategies to attract consumers who currently shop online through overseas retailers.Sales of online grocery are on rise. Time bound Australian consumers have increasingly been buying groceries online, despite higher prices and the addition delivery charges, when compared to traditional stores.M-commerce is gaining widespread popularity in Australia. Convenience is the prime factor driving online sales through mobile devices.Traditional retailers have understood the importance of the online retail channel, and are expanding their businesses by entering the online channel.

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