The “Homewares market” refers to the selling of items and services used to enhance the appearance and functionality of homes. This includes a wide range of products including furniture, rugs, draperies, wall art, and home accents. It also provides other services like interior design and home staging. Every year, billions of dollars are spent on goods and services to freshen up homes throughout the world, making the home decoration industry a significant and growing sector of the economy. The market is influenced by a variety of factors, including changing consumer preferences, the accessibility of new products and technologies, and general economic conditions.
Numerous businesses, including big-box retailers, specialty stores, and online marketplaces, control the home décor sector. Businesses compete fiercely for customers by providing enticing prices, superior products, and innovative designs. The market for home decorations has lately been impacted by the expansion of e-commerce as well as the increased popularity of television home renovation and design programmes. The ease with which consumers may now acquire products for home decor has inspired them to make more frequent and major changes to their homes.
Key Market Segments Covered
- Product
- Home Decoration
- Furniture
- Soft Furnishings
- Kitchenware
- Home Appliances
- Lighting
- Storage and Flooring
- Bathroom Accessories and Cleaning
- Tableware
- Hardware
- Distribution Channel
- Homeware Stores
- Franchised Stores
- Specialty Stores
- Departmental Stores
- Online
- Region
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
Competitive Landscape
In its report, Fact.MR profiles the following notable homeware manufacturers:
- The Oneida Group, Inc.
- Groupe SEB
- Pacific Market International
- Lock & Lock Co Ltd
- Libbey Inc.
- International Cookware SAS
- Inter Ikea Systems B.V.
- Conair Corporation
- Avon Products, Inc
- Arc International
Key Takeaways from Market Study
