Annual revenue of retail Australia 2005-2024
Retail turnover in Australia has seen a continued year-on-year increase since 2005. In 2024, total retail revenue in the country was approximately 436.76 billion Australian dollars, an increase of over 10 billion Australian dollars from the previous year.
Retail turnover by industry
The Australian food retail industry has also seen steady year-on-year growth over the same years and recognized a total food retail turnover of over 173 billion Australian dollars in 2024. Clothing, footwear and personal accessory retailing had a turnover of approximately 36.15 billion Australian dollars in the same year, and the household goods industry recognized a total turnover of 70.4 billion Australian dollars in 2024.
Online retailing
Predominantly, Australians spend the most online on homewares. In 2024, products in the homeware and appliances category accounted for 19.3 percent of all online spending, and groceries and liquor for 15.3 percent. Amazon was the leading online retailer purchased from by online shoppers in Australia in the 12 months to July 2024, followed by eBay, Kmart, and Woolworths.