Global Homeware Market Outlook, Opportunities And Strategies – Includes Homeware Market Size
Learn about the global homeware market through The Business Research Company, which provides information on homeware market size, homeware market drivers and restraints, homeware market players, the COVID-19 impact on the homeware market, and more.
The global homeware market size is expected to grow from $120.66 billion in 2021 to $125.19 billion in 2022 at a compound annual growth rate (CAGR) of 3.8%. The global homeware market size is then expected to grow to $137.61 billion in 2026 at a CAGR of 2.4%.
Increasing customer spending on home interior designing and household furnishing is expected to drive the growth of the homeware market going forward.
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The homeware market consists of sales of homeware products by entities (organizations, sole readers, and partnerships) that are used for indoor home furnishings and layouts. Homewares including interiors play an important role in enhancing the look and feel of the home. Homeware products include anything that aids in home renovation, such as housekeeping items, bath needs, dinnerware, glasses, serves ware, and organizers.
Global Homeware Market Segments Include:
By Product Type: Home Decoration, Furniture, Soft Furnishings, Kitchenware, Home Appliances, Lighting, Storage and Flooring, Bathroom Accessories and Cleaning, Tableware and Hardware Tools, Others
By Application: Residential, Commercial
By Distributional Channel: Homeware Stores, Franchised Stores, Departmental Stores, Online Stores, Speciality Stores
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the homeware market in 2021.
The usage of social media platforms by homeware product manufacturers has emerged as a key trend in the homeware market. Homeware companies are using social media marketing to build a strong network of brand enthusiasts. Rather than limiting themselves to interior design-focused innovators, businesses are collaborating with a diverse spectrum of social media influencers.
Major Market Players: ARC International, Avon Products, Conair corporation, Ikea, International Cookware, The ONEIDA Group, Tupperware Brands Corporation, Zepter international, Lock & Lock, Walmart, Messe Frankfurt Exhibition GmbH, Carrefour SA, Herman Miller Inc, HNI Corporation, and GE Appliances.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Homeware Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides homeware market overviews, analyzes and forecasts market size, share, homeware market players, homeware market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s homeware market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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