Homewares Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
The global homewares market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. Growth in technological advancements in home appliances is attracting consumers to upgrade their home devices with advanced homewares devices. For instance, in August 2021, Signify expanded its Philips Smart Wi-Fi ecosystem in India with the launch of new products under its Wiz smart light range. In addition to the Wiz smart bulb, the portfolio includes a new smart LED downlighter, T-Bulb, T-Beamer, and Batten. Also, the adoption of online sales channels is driving the growth of the homewares market across the globe. People prefer to order online to save transportation time and hustle.Online ordering is more convenient as compared to offline retail shopping which contributes to the growth of the global homewares market. Due to increasing online shopping, many companies shifted their business online and introduced mobile applications to make the process easy for consumers. For instance, in May 2021, IKEA launched its shopping app in India, in a bid to expand its omnichannel approach in the country. The IKEA app is available on both platforms iOS and Android and offers 7,000 home furnishing products.
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Market Coverage
The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029
Segment Covered-
By Type
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape - F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A., GE Appliances, Inter IKEA Systems B.V., Philips Koninklijke N.V., Tempur Sealy International, Inc., and others.
Homewares Market Report Segment
By Type
Home Decoration
Furniture
Kitchenware
Home Appliances
Soft Furnishings
Lighting
Bathroom Accessories
Others
By Distribution Channel
Online
Offline
A full Report of Homewares Market is Available @ https://www.omrglobal.com/industry-reports/homewares-market
Homewares Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Arc Management & Services SAS
Bed Bath & Beyond Inc.
Conair Corp.
Haworth Inc.
HNI Corp.
Le Creuset
LocknLock Co.
MillerKnoll, Inc.
Lenox Corp. (ONEIDA)
Pacific Market International, LLC
SEB SA company
Steelcase Inc.
Tupperware India Pvt. Ltd.
The Home Depot
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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