Industry Analysis & Industry Trends
The rising use of the internet for retail sales transactions has led to substantial growth for the Online Antiques and Collectibles Sales industry. Despite a brief downturn during the recession due to declines in consumer sentiment and disposable income, overall revenue has increased over the five years to 2014. Wealthy households continued spending on industry products during the recession, which insulated the industry from the economic woes typical of other retail industries. Over the next five years, economic recovery is expected to continue bolstering industry revenue and profit.... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of establishments in the Online Antiques and Collectibles Sales industry is not directly proportional to the population's distribution. While largely populated regions are the most important to the industry, the number of establishments per capita varies considerably across the country. This is dissimilar to the rest of the retail industry, in which it is necessary for physical stores to be near customers. On the other hand, online retailers require only warehouse space to store their goods, which are then mainly delivered via mail to customers. Proximity to markets is an advantage, but not a necessity in this industry.
Major hubs for online shopping include the West, Southeast and the Mid-Atlantic, the most-populated regions in the United States... purchase to read more