LONDON--(BUSINESS WIRE)--#GlobalHomewareMarket--Technavio has been monitoring the homeware market and it is poised to grow by $ 79.29 bn during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

• What are the major trends in the market?
  Increase in the availability of private-label brands is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 2.05% and the incremental growth of the market is anticipated to be $ 79.29 bn.
• Who are the top players in the market?
  Alibaba Group Holding Ltd., Amazon.com Inc., Bed Bath & Beyond Inc., Carrefour SA, J. C. Penney Co. Inc., Target Corp., The Home Depot Inc., Walmart Inc., and Williams-Sonoma Inc, are some of the major market participants.
• What is the key market driver?
  The innovation and portfolio extension is one of the major factors driving the market.
• How big is the APAC market?
  The APAC region will contribute 38% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alibaba Group Holding Ltd., Amazon.com Inc., Bed Bath & Beyond Inc., Carrefour SA, J. C. Penney Co. Inc., Target Corp., The Home Depot Inc., Walmart Inc., and Williams-Sonoma Inc. are some of the major market participants. The innovation and portfolio extension will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Homeware Market 2020-2024: Segmentation

Homeware Market is segmented as below:

• Product
  • Hardware
  • Soft Furnishing And Textile
  • Lighting
  • Window Dressing
• Distribution Channel
  • Offline
  • Online
• Geographic Landscape
  • APAC
  • North America
  • Europe
  • South America
  • MEA

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Homeware Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The homeware market report covers the following areas:

• Homeware Market Size
• Homeware Market Trends
• Homeware Market Industry Analysis

This study identifies an increase in the availability of private-label brands as one of the prime reasons driving the homeware market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio�s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Homeware Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist homeware market growth during the next five years
• Estimation of the homeware market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the homeware market
• Analysis of the market�s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of homeware market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Hardware - Market size and forecast 2019-2024
• Soft furnishing and textile - Market size and forecast 2019-2024
• Lighting - Market size and forecast 2019-2024
• Window dressing - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Impact of COVID-19 pandemic on the market
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alibaba Group Holding Ltd.
• Amazon.com Inc.
• Bed Bath & Beyond Inc.
• Carrefour SA
• J. C. Penney Co. Inc.
• Lowe's Companies Inc.
• Target Corp.
• The Home Depot Inc.
• Walmart Inc.
• Williams-Sonoma Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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