Research Expert: Sarah Overall
  • Published: Jun 2025
  • Pages: 150
  • SKU: IRTNTR44243

  • Latest News- Homeware Market: Hardware is expected to lead the Product segment during 2025-2029

    The Homeware Market is being driven by Innovation and portfolio extension leading to premiumization

    The Homeware Market is expected to grow at a CAGR of 2.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 77 billion. The global homeware market is witnessing an upward trend in the adoption of private-label brands. These brands, which are exclusively sold by retailers, are poised to capture a larger market share due to their competitive pricing. Price-conscious consumers are increasingly opting for private-label homewares, leading supermarkets to expand their offerings and invest in marketing and promotional activities. This trend is particularly significant in developing countries, where private-label homewares dominate the market landscape. As a result, the growth of the global homeware market is expected to be driven, in part, by the increasing popularity of private-label brands during the forecast period. 

    Get more information on Homeware Market by requesting a sample report

    Which Factors Are Causing a Surge in Market Growth?

    The market is segmented based on

    • Product
      • Hardware
      • Soft furnishing and textile
      • Lighting
      • Window dressing
    • Distribution Channel
      • Offline
      • Online
    • Application
      • Residential
      • Commercial
    • Geography
      • APAC
        • China
        • India
        • Japan
        • South Korea
      • North America
        • Canada
        • US
      • Europe
        • Germany
        • UK
        • France
        • Italy
      • South America
        • Middle East and Africa

        According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

        • Innovation and portfolio extension leading to premiumization
        • Growing construction industry globally
        • Increasing customer spending on home interior designing and household furnishing

        However, the market also witnesses some limitations, which are as follows:

        • Volatility of raw material prices
        • High competition from unorganized players and low product replacement cycle
        • Criticality of product sourcing and inventory management

        Benefits of Buying Global Homeware Market Research Report by Technavio

        Rich Experience: 20+ years leading global market research, trusted insights across industries.

        Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

        Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

        Market Scope in Homeware Market Research Report

        Market Scope

        Report Coverage

        Details

        Page number

        217

        Base year

        2024

        Historic period

        2019-2023

        Forecast period

        2025-2029

        Growth momentum & CAGR

        Accelerate at a CAGR of 2.8%

        Market growth 2025-2029

        USD 77 billion

        Market structure

        fragmentation

        YoY growth 2024-2025(%)

        2.7

        Key countries

        US, China, Canada, Japan, Germany, India, UK, France, South Korea, Italy, US, China, Germany, UK, and France

        Competitive landscape

        Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

        Find out which segment is leading the market by accessing the free PDF report

        Research Analysis Overview

        In the Homeware Market, discover a wide range of offerings from home security systems to smart lighting solutions. Explore kitchen appliances, bathroom fixtures, and outdoor furniture, along with garden decor and pet supplies. Indulge in luxury homeware, handcrafted products, artisan goods, and upcycled items. Seek home staging and interior design services, home decor consulting, and homeware subscription boxes. Rent custom-made furniture or opt for 3D printing and personalized homeware. Embrace sustainable sourcing, fair trade practices, ethical manufacturing, and social responsibility.

        Market Research Overview

        The global home furnishings market encompasses businesses involved in the production and distribution of furniture, home furnishings, floor coverings, and decorative items, including bathroom accessories, home organization solutions, cleaning supplies, home appliances, and smart home devices. According to Technavio, the market size is determined by the collective revenue generated by manufacturers and marketers of these product categories, namely consumer electronics, furnishings, decorative products, household appliances, and other homeware. Market expansion will be fueled by the surge in residential and commercial construction, leading to heightened demand for new furniture and furnishings. Additionally, the increasing number of renovation projects in major economies such as the US, China, and India further boosts sales in these sectors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


        Contacts

        Technavio Research
        Jesse Maida
        Media & Marketing Executive
        US: +1 844 364 1100
        UK: +44 203 893 3200
        Email: media@technavio.com
        Website: www.technavio.com/

        Read News Read Less
        Interested in this report?
        Get your sample now!

      Safe and Secure SSL Encrypted

      Technavio

      • 2500 USD

      [5 reports/month/user]

      • 5000 USD

      close
      • Basic Plan [5000 USD/Year]:

        Single User
        Download 5 Reports/Month
        View 100 Reports/Month
        Add upto 3 Users at 625 USD/user

      • Teams Plan [7500 USD/Year]:

        5 User
        Download 5 Reports/Month/User
        View 100 Reports/Month/User
        Add upto 30 Users at 500 USD/user

      *You can upgrade to Teams plan at Subscription page

      close
      • Single:

        One user only.
        Quick & easy download option

      • Enterprise:

        Unlimited user access (Within your organization).
        Complimentary Customization Included

      *For Enterprise license, go to checkout page

      Technavio Get the report (PDF) sent to your email within minutes.

      Document