Homeware Market: Top Geographies and Market Highlights
Regional Growth Analysis and Market Trends 2021-2025
The homeware market is set to post an incremental growth of $ 82.90 bn, accelerating at a CAGR of over 3.30% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.
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Homeware Market: APAC to lead market growth during the forecast period
- APAC emerged as the leading geographical segment in recent years and is expected to contribute 38% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the homeware market size.
- One of the key drivers that is likely to drive market growth is the innovation and portfolio extension leading to premiumization. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market. These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
- The report segments the market by Product (Hardware, Soft furnishing and textile, Lighting, and Window dressing), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, South America, and MEA). A detailed analysis of each segment and its contribution to the market share is provided along with factors that are likely to boost the market growth.
Homeware Market: Vendor Landscape
Alibaba Group Holding Ltd., Amazon.com Inc., Bed Bath and Beyond Inc., Carrefour SA, Lowes Companies Inc., Penney IP LLC, Target Corp., The Home Depot Inc., Walmart Inc., and Williams-Sonoma Inc.are some of the major market participants. The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of over 3.30%.
- What is the incremental growth of the market?
The market is expected to grow by $ 82.90 bn through 2021-2025.
- What is a key factor driving this market?
Innovation and portfolio extension leading to premiumization will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
38% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Alibaba Group Holding Ltd., Amazon.com Inc., Bed Bath and Beyond Inc., Carrefour SA, Lowes Companies Inc., Penney IP LLC, Target Corp., The Home Depot Inc., Walmart Inc., and Williams-Sonoma Inc.
- What are the market segments covered in this report?
The market is segmented by Product (Hardware, Soft furnishing and textile, Lighting, and Window dressing), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, South America, and MEA).
Market Segmentation by Product
- Homeware Market Split by Product
- Hardware
- Soft furnishing and textile
- Lighting
- Window dressing
- Homeware Market Split by Distribution Channel
- Homeware Market Split by Geography
- APAC
- North America
- Europe
- South America
- MEA
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Alibaba Group Holding Ltd.
- Amazon.com Inc.
- Bed Bath and Beyond Inc.
- Carrefour SA
- Lowes Companies Inc.
- Penney IP LLC
- Target Corp.
- The Home Depot Inc.
- Walmart Inc.
- Williams-Sonoma Inc.
Homeware Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024
Technavio has been monitoring the homeware market and it is expected to grow by $ 79.29 bn, accelerating at a CAGR of almost 3% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
Homeware Market: Receive Free Sample Report
Homeware Market: Key Trends to impact market growth
The increase in availability of private-label brands is one of the key homeware market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Homeware Market: Top Drivers to Boost Demand
The innovation and portfolio extension is one of the primary factors driving the growth of the homeware market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business
Vendor Analysis: Alibaba Group Holding Ltd., Amazon.com Inc. and Bed Bath & Beyond Inc. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Alibaba Group Holding Ltd., Amazon.com Inc., Bed Bath & Beyond Inc., Carrefour SA, J. C. Penney Co. Inc., Target Corp., The Home Depot Inc., Walmart Inc., and Williams-Sonoma Inc. are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Homeware Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive homeware market growth during the next five years
- Precise estimation of the homeware market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the homeware market industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of homeware market vendors
