Shopping around: Consumers will turn to department stores and e-commerce, hampering industry growth
Small Specialty Retail Stores in the US
Operators in the Small Specialty Retail Stores industry sell a diverse range of products, from premium cigars to grave markers. Due to its fragmented nature, the industry is not driven by product-specific trends but rather by broad macroeconomic variables. Although, individual segments respond to specific shifts in consumer preferences. Over the five years to 2016, rising income and employment have boosted demand throughout the retail sector. Over five years to 2021, this industry is anticipated to continue its gradual decline. IBISWorld forecasts growth in consumer spending, while consumer confidence is anticipated to decline. Consequently, increasing levels of discretionary spending will be focused on price point over specialty.
Industry operators retail specialized lines of goods, such as kitchenware, art supplies, cigarettes and cigars, collectors’ items, fireworks, and trophies. This industry also includes general merchandise auction houses (except electronic auctions), but it excludes mass merchandisers, department stores, grocery stores, warehouse clubs and supercenters.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Jewelry Stores in the US
Department Stores in the US
Gift Shops & Card Stores in the US
Used Goods Stores in the US
Art Dealers in the US
E-Commerce & Online Auctions in the US
Mail Order in the US
Duty Free Stores in Australia
Personal Accessory Retailing in Australia
Table Of Contents
Small Specialty Retail Stores in the US - Industry Market Research Report
TABLE OF CONTENTS
ABOUT THIS INDUSTRY Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS and MARKETS Supply Chain Products and Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
OPERATING CONDITIONS Capital Intensity Technology and Systems Revenue Volatility Regulation and Policy Industry Assistance
KEY STATISTICS Industry Data Annual Change Key Ratios