Trends in Homewares Market 2017: Market Player, Price, Revenue, Share, Size, Growth and Forecast Until 2022
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Increased demand for housing and the emergence of “generation rent” is reflecting favorably on the global homewares market. Currently, the preference for inexpensive fashionable homeware items is higher than premium-priced varieties. The youth population is more fashion oriented and seek season homeware solutions, which is why manufacturers remain focused on constantly changing product design and introducing new products. At the same time, elderly shoppers tend to invest more on luxury categories, owing to their relatively higher spending ability. Factors as such are expected to play an important role in determining the future prospects of the global homewares market. Moreover, companies that manufacture homewares are also offering low-cost textile and decorative ranges in order to penetrate the wide pool of price-sensitive consumers particularly in the developing countries. Some of the companies are coming up with complete sets of homeware decor items that are specific to the aesthetic requirements of the buyer. The recent report published by Fact.MR cites that the global homewares market will reach a valuation is excess of US$ 180,100 Mn, reflecting an above average CAGR during the forecast period (2017-2022).
Home Decoration to Remain a Highly Sough-After Homeware Product Segment
Based on product type, demand for home decoration will continue to be strong in 2017 and beyond. Over 2022, global sales of home decoration is projected account for more than 19% revenue share of the homewares market. In addition, nearly US$ 35,297 Mn worth home decoration is estimated to be sold across the globe.
Among regions, the homewares market in Europe is projected remain highly attractive throughout the forecast period. In terms of revenue, the region currently represents a significantly percentage in the global homewares market and trend is anticipated to continue over the next couple of years. Between 2017 and 2022, Europe’s homewares market is expected to expand at an impressive CAGR of 5.5%. The region’s market is expected to create absolute $ opportunity of US$ 15,154.4 Mn during the forecast period. The market in North America is also expected to surge at a healthy CAGR, owing to the increasing demand for low-cost seasonal home decoration in the region.
The report has also profiled key companies that are currently functioning in the global homewares market, which include ARC International SA, Avon Products, Inc., Conair Corporation, Inter Ikea Systems B.V., International Cookware SAS, Libbey Inc., Lock & Lock Co Ltd, Pacific Market International, SEB SA, The Oneida Group, Inc., Tupperware Brands Corporation, and Zepter International SA.
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Table of Content:
1. Global Homewares Market – Executive Summary
2. Global Homewares Market Overview
2.1.1. Global Homewares Market Taxonomy
2.1.2. Global Homewares Market Definition
2.2. Global Homewares Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Homewares Market Y-o-Y Growth
2.3. Global Homewares Market Dynamics
2.4. Supply Chain
2.5. Manufacturing Cost
2.6. List of Distributors
2.7. Average Pricing Analysis
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Homewares Market Analysis and Forecast By Product
3.1. Global Homewares Market Size and Forecast By Product, 2012-2022
3.1.1. Home Decoration Homewares Market Size and Forecast, 2012-2022
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
3.1.2. Furniture Homewares Market Size and Forecast, 2012-2022
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
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