Allied Market Research
Allied Market Research

Homewares Market Type (Home Decoration, Furniture, Kitchenware, Home Appliances, Soft Furnishings, Lighting, Bathroom Accessories, Others) Distribution channel (Homeware Stores, Franchised Stores, Departmental Stores, Online, Specialty Stores) : Global Opportunity Analysis and Industry Forecast, 2020-2027

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Aug 2021 | 601 Views
Author(s) : Roshan Deshmukh
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Pandemic disrupted the entire world and affected many industries.

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Homewares have become a crucial part of our lives. They provide a modern, sophisticated, comfortable and a positive environment to live in. The home decors are responsible for the projection of our personalities. The smart technology  in the various home appliances helps  in making the work easy and quick. The new products do not require installation and come with a variety of offers in order to attract the customers. The concern for decorations and upgradation of living standars of people facilitates its demand. Due to increased fashion ,the homewares market is expected to grow significantly in the forthcoming years.

Market scope and structure analysis:

Report Metric


Market size available for years


Base year considered


Forecast period


Forecast units

Value ($US)

Segments covered

Type, Distribution channel, and Region

Regions covered

North America (U.S. , Canada, and Mexico)

 Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

 Asia -Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

 Latin America (Brazil, Argentina and Rest of Latin America)

 Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Companies covered

  • Avon Product ,Conair Corporation, ARC International SA,IKEA Systems, International Cookware SAS, Lock & Lock Co Ltd, L ibbey Inc., Pacific Market International, SEB SA, The Oneida Group, and Tupperware

Covid-19 Scenario Analysis:

1)The outbreak has caused an increase in the demand in work from home essentials (office chairs, lapdesks, book shelves),bathroom essentials and kitchen essentials. Thus, causing the homewares market to grow.

2)As there has been affect on logistics, thus the manufacturers are not able to meet the customer’s demand due to non-production and non-availalibility of labourers.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers And Impact Analysis

Due to urbanization, people are inclined towards these homewares product. The fast-paced life and increased competition has enabled the homewares market to grow significantly. The rising demand of trendy, fashionable and worthy products facilitates the demand of homewares product. Their vailability in different colour, shapes, designs and salient features has increased its market hold. Although the high price associated with these product is a major restraint in its growth. The celebrity endorsements and social media marketing are able to identify the target market. The kitchenwares are very helpful nowadays. The catchy schemes and discounts convert the suspects to prospects. Many homeware designers are replacing plastic with bioplastics for environmental sustainability. Modernisation has resulted customer’s preference to the convenience products. The availability of several homeware products on online platforms has enabled its growth to a  wide extent. Also,increase in the disposable income of people has facilitated its growth. For adding attractiveness and creativity in their home, people have adopted home décor products. Also,the bathroom essentials  and furnitures have made our life so easy. These are the key drivers of the market growth of homewares product.

New product launches to flourish the market

Many companies are engaged in introducing new variants and adding new features to the existing products in order to attract the customers. They have tie-ups with many retail stores like Big Bazaar, Star Market, More Supermarket etc .Also, the standalone stores of homewares product like Studio Pepperfry has helped in the market penetration of these products by providing quality products. The launch of certain new products provide the people with fresh and different qualities of products. The products enabled with smart technologies save the timeand efforts. For instance-Samsung has launched Fully –Automatic Top Load Washing Machine. It has salient features like auto start, child lock which helps in quick wash and also an air turbo and filter. It is enabled with a triadic pulsator cleaning engine. The eco tub clean provides a wonderful  washing experience within less time and thus, proves worthy  as well. These are the factors which will help in generating more prospects.

Surge in usage due to advancement in technology

Due to usage of ioT, there are numerous homewares like washing machines and electronic dusters which make the work easier. The Bluetooth enabled smart technology provides a quality work. Thus, people are switching to these convenience and luxury products. These products also maintain hygiene and sanitation  and are able to perform multiple functions within a couple of minutes. They prove to be a helping hand. Thus, all these aspects are able to generate a wide customer base and generate revenue.

Key Segments covered:






  • Home Decoration
  • Furniture
  • Kitchenware
  • Home Appliances
  • Soft Furnishings
  • Lighting
  • Bathroom Accessories
  • Others



Distribution channel




  • Homeware Stores
  • Franchised Stores
  • Departmental Stores
  • Online
  • Specialty Stores





North America



Latin America

Middle East and Africa



Key Benefits of the Report:

  • This study presents the analytical depiction of the homewares market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global  homewares market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global  homewares market.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global  homewares  market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the homewares market Research Report:

  • What are the leading market players active in the homewares market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

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