Antique and Used Goods Retailing in Australia - Market Research Report (2013-2028)
Melbourne, Australia
Last Updated: October 2023
ANZSIC G4273Revenue
$3.9bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
9,775
Businesses
2,338
Wages
$XXX.Xm
Antique and Used Goods Retailing in Australia industry analysis
Current improvements in demand conditions are benefiting performance in the Antique and Used Goods Retailing industry. Consumer sentiment has been volatile, which has made consumers more likely to buy second-hand goods instead of buying new products. Consumer sentiment is now recovering, which has encouraged more people to buy expensive items like antique goods, supplemented by long-term growth in discretionary incomes. Cost of living pressures have also made people more likely to buy second-hand goods; however, online-only retailers are creating competitive conditions for bricks-and-mortar retailers. Auction websites and online classifieds, like Depop and Facebook Marketplace, make it easier for consumers to find specific items or compare prices, and offer the added convenience of home delivery options. Large-scale retailers have therefore been expanding to add online stores to their operations to better to compete with these websites. Revenue is expected to climb at an annualised 1.8% to $3.88 billion over the five years through 2023-24. This trend includes a drop in revenue of 2.9% in the current year, as online competition starts to make a dent in retailers’ performance.
Trends and Insights
- Cost of living pressures and environmental consciousness have fuelled second-hand goods’ popularity. Consumers are becoming more likely to buy second-hand clothing and items instead of new ones.
- Discretionary incomes have been growing over the long term. Consumers have had more money to spend on expensive antique items, which has fuelled demand for antique, vintage and retro goods.
- Victoria, New South Wales and Queensland are home to a large share of antique and used goods retailers. Since these states have large populations, they tend to be attractive locations to set up shop.
- Competitive factors differ among product segments. Product range is the main competitive factor among antique retailers, while price competition is crucial in the used goods segment.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has grown at a CAGR of 1.8 % over the past five years, to reach an estimated $3.9bn in 2023.
Trends and Insights
Consumer trends have benefited industry performance
- Fluctuations in consumer sentiment, IT and telecommunications adoption and demand from online shopping influence antique and used goods retailers.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to decline over the next five years.
Trends and Insights
Online shopping trends are set to keep challenging retailers
- As demand from online shopping continues to climb, online-only retailers are likely to pose a growing source of competition for antique and used goods retailers.
Biggest companies in the Antique and Used Goods Retailing in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Salvation Army Australia | 221.8 | |
St Vincent de Paul | 197.1 |
To view the market share and analysis for all 2 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Used goods, Antique, vintage and retro goods and Other goods and services. Used goods is the largest segment of the Antique and Used Goods Retailing in Australia.
Trends and Insights
Spikes in discretionary incomes have fuelled purchases of antique, vintage and retro goods
- Antique goods are goods that are over 100 years old. Popular items include furniture, jewellery, silverware, art collections, porcelain, pottery, manuscripts and photographs.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Motor Vehicle Dealers in Australia
- Motorcycle Dealers in Australia
- Online Shopping in Australia
- Motor Vehicle Parts Retailing in Australia
Complementors
- There are no industries to display.
International industries
- Used Goods Stores in the US
- Pawn Shops in the US
- Online Antiques & Collectibles Sales in the US
- Thrift Stores in the US
- Used Goods Stores in Canada
Table of Contents
About this industry
Industry definition
Industry retailers primarily sell antiques and used goods (except motor vehicles or motorcycles and parts). Antique goods that retailers sell are sourced from individuals or businesses, while used or second-hand goods tend to be sourced from donations. The industry includes bricks-and-mortar antique and used goods retailers’ online operations. However, online-only players like auction websites are excluded from the industry.
What's included in this industry?
Antiques retailingCoin dealingPawnbrokingSecond-hand goods retailing (except motor vehicles, motorcycles and parts)Stamp dealingCompanies
Salvation Army AustraliaSt Vincent de PaulPurchase this report to view all 2 major companies in this industry.
Related Terms
ANTIQUECOLLECTABLEPAWNBROKERIndustry Code
ANZSIC 4273 - Antique and Used Goods Retailing in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Cost of living pressures and environmental consciousness have fuelled second-hand goods’ popularity. Consumers are becoming more likely to buy second-hand clothing and items ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Discretionary incomes have been growing over the long term. Consumers have had more money to spend on expensive antique items, which has fuelled demand for antique, vintage a...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2023
- Product innovation level
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Victoria, New South Wales and Queensland are home to a large share of antique and used goods retailers. Since these states have large populations, they tend to be attractive ...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competitive factors differ among product segments. Product range is the main competitive factor among antique retailers, while price competition is crucial in the used goods ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Cash Converters International Limited is a key second-hand goods retailer in the industry. The company has stores across Australia, as well as in 11 other countries.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Salvation Army Australia's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of St Vincent de Paul's performance by revenue, market share and profit margin from 2017 through 2023
Detailed analysis
- Description and key data for Salvation Army Australia, and factors influencing its performance in the industry
- Description and key data for St Vincent de Paul, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Some regulations apply to antique and used goods retailers. For example, the Second-Hand Dealers and Pawnbrokers Act regulates corporations and individuals that trade in seco...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Antique sales have been fuelling growing profit margins. Antiques and vintage goods tend to have higher prices and be more unique, which means that retailers of these goods c...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Antique and Used Goods Retailing industry in Australia in 2024?
The market size of the Antique and Used Goods Retailing industry in Australia is $3.9bn in 2024.
How many businesses are there in the Antique and Used Goods Retailing in Australia industry in 2023?
There are 2,338 businesses in the Antique and Used Goods Retailing industry in Australia, which has grown at a CAGR of 1.8 % between 2018 and 2023.
Has the Antique and Used Goods Retailing industry in Australia grown or declined over the past 5 years?
The market size of the Antique and Used Goods Retailing industry in Australia has been growing at a CAGR of 1.8 % between 2018 and 2023.
What is the forecast growth of the Antique and Used Goods Retailing industry in Australia over the next 5 years?
Over the next five years, the Antique and Used Goods Retailing industry in Australia is expected to decline.
What are the biggest companies in the Antique and Used Goods Retailing market in Australia?
The biggest companies operating in the Antique and Used Goods Retailing market in Australia are Salvation Army Australia and St Vincent de Paul
What does the Antique and Used Goods Retailing in Australia include?
Antiques retailing and Coin dealing are part of the Antique and Used Goods Retailing industry.
Which companies have the highest market share in the Antique and Used Goods Retailing in Australia?
The company holding the most market share in Australia is Salvation Army Australia.
How competitive is the Antique and Used Goods Retailing industry in Australia?
The level of competition is moderate and increasing in the Antique and Used Goods Retailing industry in Australia.
