HTF Market Intelligence released a new research report of 62 pages on title ‘The UK Homewares Market 2018 – 2023’ with detailed analysis, forecast and strategies. The study covers key regions that includes UK, North America, Europe or Asia and important players such as ASDA, Marks & Spencer, Matalan, Dunelm, John Lewis, IKEA, B&M, Argos, The Range, Wilko, Tesco, Next, Home Bargains, Amazon, Homebase, B&M, Home Bargains, Wilko, ASDA, Tesco, Wyevale, Wickes, Screwfix, Argos, Amazon, Sainsbury’s, Dobbies, Bunnings, Wesfarmers, Notcutts, Patch
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Summary
The UK Homewares Market 2018 – 2023
“”The UK Homewares Market 2018 – 2023″”, report offers a comprehensive insight into the homeswares market in the UK, analysing the market, the major players, the main trends, and consumer attitudes. It covers five different homewares sub-sectors and provides forecasts to 2023.
Adverse weather conditions hit homewares sales in the first half of 2018 impacting overall growth. Demand for homewares is expected to increase as housing transactions pick up from 2019. Lighting’s stronger link to the housing market compared to other categories means that it will grow faster than other categories over the next five years. Decorative – which is a very discretionary category – will have the slowest growth of all subcategories as consumers cut back on non-essential spending.
Scope
– By 2023 general merchandise will overtake homewares specialists and become the leading channel for homewares with 28.1% of the market.
– Kitchenware is the most shopped for category. Growth in kitchenware is largely driven by the health and wellness trend creating a greater interest in cooking from scratch.
– A fast fashion attitude to homewares among retailers and influencers is leading younger shoppers to purchasing homewares more frequently with 60% of 16-24 year olds and 70% of 25-34 year olds purchasing homewares at least every 7-9 months.
Reasons to buy
– See which areas your customers deem the most important and understand how you perform in these areas to benchmark performance and identify weak points.
– Gain a better understanding of the challenges facing department stores, including the how the growth of value general merchandisers, and online players such as Amazon pose a threat.
– Understand market drivers and inhibitors, as well as retailer strategies for success.
Companies Mentioned in the Report:
ASDA, Marks & Spencer, Matalan, Dunelm, John Lewis, IKEA, B&M, Argos, The Range, Wilko, Tesco, Next, Home Bargains, Amazon, Homebase, B&M, Home Bargains, Wilko, ASDA, Tesco, Wyevale, Wickes, Screwfix, Argos, Amazon, Sainsbury’s, Dobbies, Bunnings, Wesfarmers, Notcutts, Patch
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Table of Contents
THE HOT ISSUES
Market drivers and inhibitors in homewares
Main issues in gardening
Sainsbury’s creating a general merchandise powerhouse
Department stores at risk of becoming irrelevant in homewares
Amazon gaining market share but still has limitations
Value retailers continue their assault in home
Strategies for success
WHAT PEOPLE BUY
Headlines
The sector at a glance
Overall sector size
Overall sector growth
Category dynamics: textiles
Category dynamics: kitchen & dining
Category dynamics: household
Category dynamics: decorative
Category dynamics: lighting
Online dynamics
Spend per head
WHERE PEOPLE SHOP
Channels
….Continued
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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Media ContactCompany Name: HTF Market Intelligence Consulting Pvt. Ltd.Contact Person: Nidhi bhawsarEmail: Send EmailPhone: +1 (206) 317 1218City: New Jersey Country: United StatesWebsite: https://www.htfmarketreport.com/reports/1461633-the-uk-homewares-market-1
