PROSPECTS AND OPPORTUNITIES
Omnichannel retail strategies are set to make homewares more accessible to a wider audience
Homewares in India is projected to see positive retail value (constant 2024 prices) growth over the forecast period. Increasing disposable incomes and urbanisation are expected to continue to expand the consumer base, leading to a higher demand for high-quality, durable and aesthetically pleasing homewares.
Innovations and high-tech product developments to improve the consumer experience and cater to modern lifestyles and preferences
Innovations like self-cleaning and passive hygiene materials, antimicrobial coatings and AI-integrated appliances are predicted to significantly shape the development of homewares in India. Self-cleaning materials utilise advanced nano-coating technology to repel dirt, water and bacteria, reducing the need for traditional cleaning methods and enhancing convenience and hygiene.
Consumer demand, supportive regulations and tech advancements to drive long-term growth for sustainable and biodegradable homewares
The long-term prospects for sustainable and biodegradable homewares in India are highly promising. Increasing environmental awareness among consumers is leading to a growing demand for eco-friendly products that minimise ecological footprints.
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Overview:
Understand the latest market trends and future growth opportunities for the Homewares industry in India 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 Homewares industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Homewares in India 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 Homewares in India?
- Which are the leading brands in Homewares in India?
- How are products distributed in Homewares in India?
- How is the rise of e-commerce changing the retail and competitive landscape?
- Have home seclusion and social distancing measures following COVID-19 benefited sales of Homewares?
- Has the economic fall-out of COVID-19 negatively or positively impacted consumer interest and demand for Homewares?
- Where is future growth expected to be most dynamic?
Homewares in India - Category analysis
KEY DATA FINDINGS
Economic growth and India's expanding middle class drive the demand for high-quality, durable and aesthetically-pleasing homewares
TTK Prestige leads while FnS International provides dynamism
Specialist retailers dominate with a wide reach and quality product offer
Omnichannel retail strategies are set to make homewares more accessible to a wider audience
Innovations and high-tech product developments to improve the consumer experience and cater to modern lifestyles and preferences
Consumer demand, supportive regulations and tech advancements to drive long-term growth for sustainable and biodegradable homewares
Home and Garden in India - Industry Overview
Home and garden in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for home and garden?
DISCLAIMER
The following categories and subcategories are included:
Homewares
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- Beverageware
- Cutlery
- Dinnerware
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- Ovenware
- Stove Top Cookware
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- Food Storage
- Kitchen Utensils
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Homewares
Cooking utensils, dishes, tableware, cutlery, drinkware, serving trays and other small articles used in a home. Items must be new when sold to the consumer. Second-hand / used homewares are excluded, as are antique sales. Homewares refers to dining (beverageware, cutlery and dinnerware) and kitchen (cookware and kitchenware).
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 Homewares research and analysis database.
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