According to a market report by Lucintel, the future of the flat head power strip market in Australia looks promising with opportunities in the resident and business markets. The flat head power strip market in Australia is expected to grow with a CAGR of 3.3% from 2025 to 2031. The major drivers for this market are technological advancements in materials, design, and manufacturing processes, as consumers and businesses seek space-efficient and aesthetically pleasing solutions for power distribution, and rising safety and convenience features.
A more than 150-page report to understand trends, opportunity and forecast in flat head power strip market in Australia to 2031 by type (smart power strip and ordinary power strip) and application (resident, business, and others).
Lucintel forecasts that, within the type category, the smart power strip is expected to witness the higher growth over the forecast period.
Within the application category, residential will remain the larger segment.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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