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Electrical and Lighting Stores in Australia - Market Research Report (2015-2030)

Yentl Liu Yentl Liu Melbourne, Australia Last Updated: February 2025 ANZSIC G4229

Revenue

$2.6bn

2025-26

$2.7bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

6,237

Businesses

1,806

Wages

$XXX.Xm

Electrical and Lighting Stores in Australia industry analysis

The Electrical and Lighting Stores industry has been experiencing competitive conditions. Volatility in consumer sentiment and real household discretionary income has combined with increasing competition from external competitors to drive industry revenue falls in recent years. While demand from department stores has dropped, growing competition from hardware and building supply stores has been cutting into retailers’ customer base. Online shopping trends have also fuelled online-only retailers’ success, as their convenience has encouraged many customers to shop online instead. Stores that focus on high-value, purposeful products and strong growth from the industry's major players have partly offset these trends. Overall, industry revenue is expected to dip at an annualised 2.6% to $2.6 billion over the five years through 2024-25. This trend includes a drop of 3.7% anticipated in the current year, since reduced demand from house construction has limited the number of people buying products like power points and light fittings.
Retailers like Big W, Myer, Bunnings and IKEA stock a range of electrical and lighting products, including indoor and outdoor lights, power points, light switches, batteries and torches. These large retail chains can use their size to obtain significant economies of scale, allowing them to provide products to the market at low prices. This has been especially attractive to price-conscious consumers amid the cost-of-living crisis. Additionally, as Australia is moving towards a sustainable economy, state governments have launched rebates or supports to encourage businesses and consumers to install energy-efficient electrical and lighting products. These proactive public policies have attracted new enterprises to the industry, especially those specialising in sustainable products.

Trends and Insights

  • Conditions are becoming more competitive for electrical and lighting stores. As online shopping becomes more popular, more consumers are opting to buy products through online-only retailers due to their lower prices amid the cost-of-living crisis.
  • Lighting products have been taking up a greater share of revenue. Even though house construction activity has been weak over recent years, reduced demand for department stores has funnelled some of their customer base to specialised lighting stores instead.
  • Electrical and lighting stores benefit from being in densely populated areas. Since the eastern seaboard states are among Australia’s most populous, they tend to attract a greater share of the Electrical and Lighting Stores industry’s operators.
  • Electrical and lighting stores, especially small-scale stores, largely compete on price. Stores that offer lower prices can attract more customers than others, and large stores tend to improve their customer service to become more competitive.

Access hundreds of data points and trends

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has declined at a CAGR of 2.6 % over the past five years, to reach an estimated $2.6bn in 2025.

Trends and Insights

Competition is cutting the cord on most retailers’ performance, except for major companies

  • Trading conditions have been variable for the Electrical and Lighting Stores industry over the past few years, with the pandemic accelerating a shift towards online shopping, restricting sales in physical stores. Online shopping has been particularly popular among tech-savvy, younger customer demographics. Online-only retailers can sell electrical and lighting products at more affordable prices because they don’t incur the costs associated with operating physical stores, which attracts cost-conscious consumers – especially since consumer sentiment has fluctuated greatly in recent years.
  • Additional trends and insights available with purchase
Electrical and Lighting Stores in Australia
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Easing interest rates will likely encourage a recovery in house construction

  • Interest rates have skyrocketed over the past few years and curbed new home sales, following consecutive hikes to the cash rate. This trend is on track to ease over the coming years, with lower interest rates likely to encourage more people to buy homes. The Reserve Bank of Australia is set to achieve its targeted inflation rate of 2.0% to 3.0%, encouraging it to bring down the cash rare.

Biggest companies in the Electrical and Lighting Stores in Australia

Company
Market Share (%)
2025
Revenue ($m)
2025
316.8
180.0

To view the market share and analysis for all 2 top companies in this industry, view purchase options.

Products & Services Segmentation

Electrical and Lighting Stores in Australia
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Lighting products, Batteries and Other electrical goods. Lighting products is the largest segment of the Electrical and Lighting Stores in Australia.

Trends and Insights

Diverse lighting products make up the bulk of industry revenue

  • Lighting products, including indoor and outdoor lighting fixtures; lighting components like lamps, light bulbs and LEDs; and light frames, are facing stiff competition.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Electrical and lighting stores primarily retail lighting and electrical goods, like fixtures and fittings, light bulbs and globes, batteries and other electrical products. Department stores and other retailers that sell these products in addition to other goods are excluded from the industry.

What's included in this industry?

Lighting productsBatteriesExtension leads and power boardsLight switches, power points and adaptorsTimers and charging devices

Companies

Beacon LightingCentury Yuasa

Purchase this report to view all 2 major companies in this industry.

Related Terms

LIGHT-EMITTING DIODE (LED)MINIMUM ENERGY PERFORMANCE STANDARDS (MEPSS)POINT OF SALE (POS)BIG-BOX RETAILER

Industry Code

ANZSIC 2006

ANZSIC 4229 - Electrical and Lighting Stores 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

Conditions are becoming more competitive for electrical and lighting stores. As online shopping becomes more popular, more consumers are opting to buy products through online...

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 (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • 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

Lighting products have been taking up a greater share of revenue. Even though house construction activity has been weak over recent years, reduced demand for department store...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025

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

Electrical and lighting stores benefit from being in densely populated areas. Since the eastern seaboard states are among Australia’s most populous, they tend to attract a gr...

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 2025

Tables

  • Number and share of establishments in each region in 2025
  • Number and share of revenue each region accounts for in 2025
  • Number and share of wages each region accounts for in 2025
  • Number and share of employees in each region in 2025

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

Electrical and lighting stores, especially small-scale stores, largely compete on price. Stores that offer lower prices can attract more customers than others, and large stor...

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 2020-2025
  • 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

Beacon Lighting Group Limited is a lighting retailer that has set up stores around Australia. The company has shifted towards developing a niche market, targeting trade-relat...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Beacon Lighting's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Century Yuasa's performance by revenue, market share and profit margin from 2019 through 2025

Detailed analysis

  • Description and key data for Beacon Lighting, and factors influencing its performance in the industry
  • Description and key data for Century Yuasa, 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

Electrical and lighting products must adhere to minimum energy performance standards. The Equipment Energy Efficiency program sets out these standards for products that Austr...

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 (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

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

Electrical and lighting stores have hired more part-time workers instead of full-time workers, resulting in lower total wages. Stores have turned to part-time employees in an...

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 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

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 (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Electrical and Lighting Stores industry in Australia in 2025?

The market size of the Electrical and Lighting Stores industry in Australia is $2.6bn in 2025.

How many businesses are there in the Electrical and Lighting Stores in Australia industry in 2025?

There are 1,806 businesses in the Electrical and Lighting Stores industry in Australia, which has grown at a CAGR of 6.4 % between 2020 and 2025.

Has the Electrical and Lighting Stores industry in Australia grown or declined over the past 5 years?

The market size of the Electrical and Lighting Stores industry in Australia has been declining at a CAGR of 2.6 % between 2020 and 2025.

What is the forecast growth of the Electrical and Lighting Stores industry in Australia over the next 5 years?

Over the next five years, the Electrical and Lighting Stores industry in Australia is expected to grow.

What are the biggest companies in the Electrical and Lighting Stores market in Australia?

The biggest companies operating in the Electrical and Lighting Stores market in Australia are Beacon Lighting and Century Yuasa

What does the Electrical and Lighting Stores in Australia include?

Lighting products and Batteries are part of the Electrical and Lighting Stores industry.

Which companies have the highest market share in the Electrical and Lighting Stores in Australia?

The company holding the most market share in Australia is Beacon Lighting.

How competitive is the Electrical and Lighting Stores industry in Australia?

The level of competition is high and increasing in the Electrical and Lighting Stores industry in Australia.

Related Industries

Widen your competitive advantage with related industries

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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.