Homeware includes utility or supporting products used by individuals to perform their daily household activities such as cooking, cleaning, lighting, and furnishing. They are also used to maintain the décor of a home.
Homeware also includes home hardware products such as cutlery, glassware, crockery, kitchen utensils, and rubbish bins, home textile and soft furnishing products such as bedding, cushions, mattresses, parasols, and door mats, window dressing products such as curtains, curtain poles, hooks, and rails, and lighting products such as light bulbs, lamp shades, and lamp stands.
The Global Homeware Market is expected to witness a steady growth rate and grow at a CAGR of 4.67 percent during the period 2013-2018. TechNavio analysts have pinpointed the top 12 houseware companies expected to contribute to this market growth:
“Bed Bath & Beyond Inc. was founded in 1971 and is counted among the Fortune 500 and the Forbes Global 2000. The Company’s objective is to be a customer’s first choice for products and services in the categories offered, in the markets in which the Company operates. The Company’s strategy is to achieve this objective through excellent customer service, an extensive breadth and depth of assortment, everyday low prices, and introduction of new merchandising offerings, supported by the continuous development and improvement of our infrastructure.”
“‘To create a better everyday life for the many people’, this is the IKEA vision. Our business idea is ‘to offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them’. We work hard to achieve quality at affordable prices for our customers through optimizing our entire value chain, by building long-term supplier relationships, investing in highly automated production and producing large volumes. Our vision also goes beyond home furnishing. We want to create a better everyday for all people impacted by our business.”
“Lowe’s operates more than 1,825 stores in the United States, Canada and Mexico. We serve approximately 15 million customers each week and employ more than 245,000 people. Our stores stock 12 product categories ranging from appliances and tools, to paint, lumber and nursery products. Inside our facilities, you will find cleaner, wider, brighter aisles offering a more pleasant shopping experience. We carry the world’s leading brands such as Kichler lighting, Porter-Cable tools, John Deere lawn tractors, Whirlpool and Samsung appliances and Valspar paint.”
“METRO GROUP is one of the most important international retailing companies: Some 265,000 employees from 180 nations are working at over 2,200 outlets in 32 countries in Europe, Africa and Asia. All sales brands of METRO GROUP take leading market positions in their respective segment and demonstrate their competence in trade and retail on a daily basis. As a foresighted and high-performance group of companies, we also want to contribute to the further development and modernization of the retail sector – both, at the national and at the international level.”
“Ahold is an international retailing group based in the Netherlands, with strong local consumer brands in Europe and the United States. Our foundation is selling great food – and supermarkets are our core business. We also operate other formats and channels so that our customers can shop whenever and wherever is most convenient for them. We provide our customers with the best possible value, assortment and shopping experience.”
“Sears Holdings Corporation (NASDAQ: SHLD) is a leading integrated retailer with almost 2,500 full-line and specialty retail stores in the United States and Canada and the home of Shop Your Way, a social shopping experience. Sears Holdings is the leading home appliance retailer as well as a leader in tools, lawn and garden, fitness equipment and automotive repair and maintenance. We are the nation’s largest provider of home services, with more than 14 million service and installation calls made annually, and have a long-established commitment to those who serve in the military through initiatives like theHeroes at Home program.”
“SUPERVALU® is a grocery industry leader, serving customers through more than 3,400 owned, licensed, franchised and affiliated stores across the country. Our roots are in supply chain and wholesale distribution; in subsequent years we’ve grown to include traditional and hard discount grocery retail formats. Today we proudly provide millions of customers with the best products on the shelves: national brands and our high-quality and affordable private label products. Superior service, engrained in our culture, sets us apart from the competition and provides the experience our customers expect.”
“Target Corporation (NYSE TGT) is an upscale discount retailer that provides high-quality, on-trend merchandise at attractive prices in clean, spacious and guest-friendly stores. Our mission is to make Target your preferred shopping destination in all channels by delivering outstanding value, continuous innovation and exceptional guest experiences by consistently fulfilling our Expect More. Pay Less.® brand promise.”
“Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. Over the years our business has grown and we now operate in 12 countries around the world, employ over 530,000 people and serve tens of millions of customers every week. We have always been committed to providing the best shopping experience. Today we continue to focus on doing the right thing for our customers, colleagues and the communities we serve.”
Fred Meyer Inc. (The Korger Co.)
“While our stores change with the times, one thing stays the same– our commitment to Customers. By following Mr. Meyer’s ideas for serving Customers, thousands of Associates have helped build a business that continues to thrive. With your help, we’ll continue serving Customers for a long time to come.”
“RONA operates a network of more than 800 corporate, franchise and affiliate stores of various sizes and formats. With close to 30,000 employees working under its family of banners in every region of Canada, the RONA network of stores generates over $6 billion in annual retail sales. The RONA mission is to offer the best service and the right product at the right price to North American consumers of housing and home improvement products.”
“From our humble beginnings as a small discount retailer in Rogers, Ark., Walmart has opened thousands of stores in the U.S. and expanded internationally. Through innovation, we’re creating a seamless experience to let customers shop anytime and anywhere online, through mobile devices and in stores. We are creating opportunities and bringing value to customers and communities around the globe. Walmart operates more than 11,000 retail units under 69 banners in 27 countries and e-commerce websites in 10 countries. We employ 2.2 million associates around the world — 1.3 million in the U.S. alone.“
For more information, view our 2014-2018 Global Homeware Market report.
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