PUBLISHER: IMARC | PRODUCT CODE: 1308237
PUBLISHER: IMARC | PRODUCT CODE: 1308237
Homewares Market by Product Type, Distribution Channel, and Region 2023-2028
Market Overview:
The global homewares market size reached US$ 1,544 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,069.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.98% during 2023-2028. The increasing construction, remodeling, and renovating activities, enhanced focus on research and development (R&D) activities, rapid technological advancements, the introduction of eco-friendly homeware products, and rising expenditure capacities of consumers represent some of the key factors driving the market.
Homeware refers to the items or accessories that are used to decorate or furnish a home. They are typically designed to enhance the functionality, aesthetics, and comfort of living spaces. They are manufactured using metal, plastic, wood, fabric, stone, and synthetic materials. Homeware includes furniture, bedding, kitchenware, lighting, and decorative accessories like vases, candles, and picture frames. They also include soft furnishings, such as linens, towels, bed sheets, pillowcases, blankets, curtains, and carpets. They help to provide comfort, warmth, softness, a sense of relaxation and convenience, enhance the aesthetic appeal of a home, and maintain an organized and clutter-free living space.
Homewares Market Trends:
The rising construction, remodeling, and renovating activities across the globe are one of the primary factors driving the market growth. In line with this, the increasing consumer inclination toward seeking homeware products that align with the latest design styles and home improvement trends is favoring the market growth. Moreover, the growing advertisements and showcasing of stylish homes, interior design patterns, and product recommendations by influencers are acting as another growth-inducing factor. Apart from this, the introduction of homeware products manufactured from environmentally friendly materials and sustainable practices owing to the rising consumer awareness and concern for the environment is providing an impetus to the market growth. Additionally, the shifting population from rural to urban areas and the increasing expenditure capacity of individuals are catalyzing the demand for homeware products. Furthermore, various technological advancements and the launch of homeware products that are compatible with smart home systems, such as smart lighting or smart appliances, are positively influencing the market growth. Other factors, including the thriving e-commerce industry, the rapid expansion of interior design businesses, enhanced focus on developing advanced products, and the introduction of customized home decor items, are presenting remunerative growth opportunities for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global homewares market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product type and distribution channel.
Product Type Insights:
Home Decoration
Furniture
Kitchenware
Home Appliances
Soft Furnishings
Lighting
Bathroom Accessories
Others
The report has provided a detailed breakup and analysis of the homewares market based on the product type. This includes home decoration, furniture, kitchenware, home appliances, soft furnishings, lighting, bathroom accessories, and others. According to the report, home decoration represented the largest segment.
Distribution Channel Insights:
Homeware Stores
Franchised Stores
Departmental Stores
Online
Others
A detailed breakup and analysis of the homewares market based on the distribution channel has also been provided in the report. This includes homeware stores, franchised stores, departmental stores, online, and others. According to the report, homeware stores accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa. According to the report, Asia Pacific was the largest market for homewares. Some of the factors driving the Asia Pacific homewares market included an enhanced focus on research and development (R&D) activities, rising construction, remodeling, and renovating activities, and rapid technological advancements.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global homewares market. Detailed profiles of all major companies have been provided. Some of the companies covered include Arc Group, Avon Products (Natura Co Holding S/A), Inter IKEA Systems B.V., Groupe SEB, Herman Miller Inc., HNI Corporation, Tupperware, Lock & Lock, Zepter International, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global homewares market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global homewares market?
- What is the impact of each driver, restraint, and opportunity on the global homewares market?
- What are the key regional markets?
- Which countries represent the most attractive homewares market?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the homewares market?
- What is the breakup of the market based on the distribution channel?
- Which is the most attractive distribution channel in the homewares market?
- What is the competitive structure of the global homewares market?
- Who are the key players/companies in the global homewares market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Homewares Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Home Decoration
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Furniture
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Kitchenware
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Home Appliances
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Soft Furnishings
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Lighting
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 Bathroom Accessories
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
- 6.8 Others
- 6.8.1 Market Trends
- 6.8.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Homeware Stores
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Franchised Stores
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Departmental Stores
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Online
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Arc Group
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Avon Products (Natura Co Holding S/A)
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Inter IKEA Systems B.V.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Groupe SEB
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Herman Miller Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 HNI Corporation
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Tupperware
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Lock & Lock
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.9 Zepter International
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.1 Arc Group
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Homewares Market: Major Drivers and Challenges
- Figure 2: Global: Homewares Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Homewares Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Homewares Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Homewares Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Homewares Market: Breakup by Region (in %), 2022
- Figure 7: Global: Homewares (Home Decoration) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Homewares (Home Decoration) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Homewares (Furniture) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Homewares (Furniture) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Homewares (Kitchenware) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Homewares (Kitchenware) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Homewares (Home Appliances) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Homewares (Home Appliances) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Homewares (Soft Furnishings) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Homewares (Soft Furnishings) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Homewares (Lighting) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Homewares (Lighting) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Homewares (Bathroom Accessories) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Homewares (Bathroom Accessories) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Homewares (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Homewares (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Homewares (Homeware Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Homewares (Homeware Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Homewares (Franchised Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Homewares (Franchised Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Homewares (Departmental Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Homewares (Departmental Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Homewares (Online) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Homewares (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Homewares (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Homewares (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: North America: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: North America: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: United States: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: United States: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Canada: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Canada: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Asia-Pacific: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Asia-Pacific: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: China: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: China: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Japan: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Japan: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: India: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: India: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: South Korea: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: South Korea: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Australia: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Australia: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Indonesia: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Indonesia: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Others: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Others: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Europe: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Europe: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Germany: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Germany: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: France: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: France: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: United Kingdom: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: United Kingdom: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Italy: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Italy: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Spain: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Spain: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Russia: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Russia: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Others: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Others: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Latin America: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Latin America: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Brazil: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Brazil: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Mexico: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Mexico: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Others: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Others: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Middle East and Africa: Homewares Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Middle East and Africa: Homewares Market: Breakup by Country (in %), 2022
- Figure 81: Middle East and Africa: Homewares Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Global: Homewares Industry: Drivers, Restraints, and Opportunities
- Figure 83: Global: Homewares Industry: Value Chain Analysis
- Figure 84: Global: Homewares Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Homewares Market: Key Industry Highlights, 2022 & 2028
- Table 2: Global: Homewares Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Homewares Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 4: Global: Homewares Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Homewares Market: Competitive Structure
- Table 6: Global: Homewares Market: Key Players
