Home / Knowledge / News / Apparel/Garments / Online retail sales pick pace in Australia & NZ: Report
Online retail sales pick pace in Australia & NZ: Report
28
Aug '14
Though smaller in population than some emerging B2C ecommerce countries, advanced infrastructure and consumer behaviour favour online retail in Australia and New Zealand, says a latest report by Hamburg-based business intelligence organization yStats.com.

One interesting aspect which has emerged from the report is that, while fashion apparel emerges as one of the top physical product categories among Aussies, the same product is far behind food and beverages categories among New Zealanders in total online sales.

In context to Australia, the report says Australia ranks among the top five countries in B2C ecommerce sales in the Asia-Pacific Region. It has one of the most developed infrastructures, with internet penetration reaching over 80% of the total population and ranking third in the region.

High smartphone penetration in Australia contributes to strong growth rates of mcommerce sales, estimated at double-digit percentage rates for the next three years as close to 50% of the traffic to online shopping websites comes from mobile users, the report mentions.

In regards to product categories in online purchases in Australia, travel accounts for around a quarter of total B2C ecommerce sales. The two most purchased physical product categories are electronics and fashion products, each accounting for over a 10% share of total sales.

An important feature of the market is the high share of cross-border sales. Australian shoppers are among the most active worldwide in terms of buying from foreign online merchants with imports accounting for over half of all online retail sales in the country.

It lists global leading players such as Amazon and eBay among the most visited websites in the country, with local traditional retailers with online presence like Woolworths, Big W, Coles, JB Hi-Fi, Target and Harvey Norman, making their way to the top 10 most popular shopping websites.

On New Zealand, the report says active online shoppers and an advanced infrastructure have allowed New Zealand to rank among the top 20 countries worldwide in B2C ecommerce potential despite the island nation’s small population size.

Internet connectivity is well adopted in New Zealand and over half of adult population buys online. B2C ecommerce accounts for a high one-digit percentage of the total retail sales in the country.

Proliferation of online shopping on foreign websites is a trend in New Zealand, with over one third of all sales generated across the borders and the growth rate of cross-border shopping outpaces local online sales, the report avers.

Interestingly, a significant share of online retail market in New Zealand is held by specialized food, groceries and liquor, which according to some estimates are even ahead of consumer electronics and fashion in terms of market share.

Online marketplace Trade Me is the most popular destination for online shoppers, followed by a major retailer, the Warehouse, which has recently increased investment in development of its online retail channel.

Fibre2fashion News Desk - India


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search