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Homewares Market Is Likely to Experience a Tremendous Growth by 2029

08-09-2023 07:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Homewares Market Is Likely to Experience a Tremendous Growth

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.

To Request a Sample of our Report on Homewares Market: https://www.omrglobal.com/request-sample/homewares-market

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 -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/homewares-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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