PROSPECTS AND OPPORTUNITIES
Home product specialists transform into gathering spaces through events and experiences
Home products specialists in Japan is set to maintain slow and stable current value growth throughout the forecast period. These retailers are characterised by their expansive store spaces, which are increasingly being utilised for a variety of purposes beyond mere product sales.
Retail e-commerce and other channels pose a threat to home products specialists for sales of pet products
According to Euromonitor’s Pet Care data, the landscape of pet care sales channels in Japan has seen a notable shift, with retail e-commerce and health and beauty specialists experiencing significant growth in sales of pet food. E-commerce platforms have not only been benefiting from offering a wide variety of products and convenience, but also often offer lower prices than physical stores, which is especially important at a time of rising living costs, which enhances their competitiveness.
Addressing consumers concentrated in urban areas
As urban populations increasingly concentrate in city centres, large-format home improvement and gardening stores and homewares and home furnishings stores such as Nitori and Ikea face challenging circumstances. This shift is likely to drive more consumers towards e-commerce platforms, prompting store-based retailers to adapt by establishing locations in urban areas and near train stations.
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Overview:
Understand the latest market trends and future growth opportunities for the Home Products Specialists industry in Japan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Products Specialists industry in Japan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Home Products Specialists in Japan report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Home Products Specialists in Japan?
- Which are the leading retailers in Home Products Specialists in Japan?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Home Products Specialists in Japan - Category analysis
KEY DATA FINDINGS
Growth driven by increased awareness of need for disaster preparedness
Nitori drives product range expansion with availability of appliances
Focusing on private label is essential for differentiation
Home product specialists transform into gathering spaces through events and experiences
Retail e-commerce and other channels pose a threat to home products specialists for sales of pet products
Addressing consumers concentrated in urban areas
Retail in Japan - Industry Overview
Retail in 2024: The big picture
Changes in the competitive environment in retail
Japan’s retail industry embraces digital solutions to combat labour shortages
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Hatsu Uri (“First Sales”) at New Year
Valentine’s Day
White Day
Mother’s Day
Father’s Day
Summer Bargains
Halloween
Black Friday and Cyber Monday
Christmas and Year-end Bargains
DISCLAIMER
The following categories and subcategories are included:
Home Products Specialists
- Home Improvement and Gardening Stores
- Homewares and Home Furnishing Stores
- Pet Shops and Superstores
Home Products Specialists
The aggregation of home improvement and gardening stores, homewares and home furnishing stores, and pet shops and superstores.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Home Products Specialists research and analysis database.
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