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 SWOT Analysis Chapter
The Online Antiques and Collectibles Sales industry is in the growth stage of its life cycle. In the 10 years to 2019, industry value added, which measures the industry's contribution to the US economy, is expected to increase at an average annual rate of 7.7%. Meanwhile, US GDP is forecast to rise at an average annual rate of 2.7% over this same period. As a result, the industry's importance to the economy is rising, suggesting that the industry is in a growth life cycle stage.
Over the 10 years to 2019, the number of online retailers and auction sites is projected to increase at an average annual rate of 3.1% to 1,342 businesses... purchase to read more