- Bed Bath & Beyond, IKEA, Lowe’s Companies, Metro are the Key Vendors in the Global Homeware Market
TechNavio, the independent London-based global research firm, today announced the publication of its research report on the Global Homeware Market. The report finds. Homeware and Home Furniture Retailers segment accounting for 47 percent of this market during the forecast period 2014-2018.
Homeware and furniture retailers comprise all retail stores that are primarily involved in the sale of homewares and furniture. Consumers prefer to buy the products from these retailers, as they provide quality, variety and good customer service services; which make the shopping experienced memorable for end customers.
The Americas region has a whole contributed to the maximum revenue in the Global Homeware Market, out of which US accounted for a share of 69.2 percent. Canada and the rest of the Americas followed respectively.
In Europe, the market is primarily driven Germany followed by the UK, France, Italy, Spain, and the rest of Europe, while in Asia Pacific China is dominating this market followed by Japan, South Korea, India, and the rest of the APAC region. As per analysis, Americas will continue to drive the growth of the Global Homeware Market during the forecasted period due to the ready disposable incomes of consumers and growth in per capita incomes of its people, though there will be increasing demand from developing countries in the APAC region.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentation, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Homewares Market 2014-2018, please send an e-mail to media@TechNavio.com
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Homeware Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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