1. Market Research
  2. > Home and Office Goods Market Trends
  3. > Home Goods

The Business of Home Stuff & Furniture: Must-Read Reports & Analysis

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
12 votes

Global Home Goods Industry

The global home goods industry refers to the manufacture, distribution and retail of home furniture, household decorative accessories, soft furnishings (draperies and curtains), appliances, cookware and gardening equipment. During the economic recession, the industry was negatively impacted as consumers cut back on non-essential spending, putting off home improvement projects due to lower disposable income.

Home ownership, another important factor contributing to home goods demand is increasing as employment levels rebound. As consumer demand for high-end home goods increases, companies are focusing on high-quality goods to fare better against mass-merchandise outfits.

Technological advancements are offering industry players more innovation, such as point of sale software that allows tighter stock control and boosting of cost efficiency. 

Key Market Segments

The world gardening and outdoor living market is expected to exceed $182.5 billion in 2014, according to MarketLine, representing a 12% increase in five years. Plants, growing media and shrubs represent the leading market segment, at almost 58% of the overall market. The Americas represent around 40% of the global market.

The world household products industry is expected to exceed $202.5 billion in 2015, according to MarketLine, representing a more than 19% increase in six years. Textile washing products represent the leading market segment, accounting for almost a third of the overall market. The EU represents in excess of 35% of the global market. Procter & Gamble is the number-one player in the market, generating 15% of overall revenues. The three leading companies account for 28% of the overall market. This highly fragmented industry involves the retail of household products such as dishwashing products, air fresheners, scouring products and furniture polish.

Global Industry Analysts predicts the world household cooking appliance industry will exceed 185 million units by 2015, driven by replacement demand, product innovation and increased residential and refurbishment activity in mature nations such as the EU and the US. There is great growth potential in developing nations, where market penetration is currently low and urbanization is rising along with consumer affluence. Demand is set to soar in regions like the Asia-Pacific as urban populations grow and consumers enjoy higher levels of disposable income.

Growth in large household appliance demand is expected to be particularly strong in Africa/Mideast and Latin America due to a rising number of households and higher income levels. China has benefited in the market due to currency exchange rates in its favor, facilitating pricing of goods for the global market. While China concentrates on pricing, US producers compete through technical savvy. Market drivers moving forward will include technical advancements and product innovation.

The world houseware/tabletopware market is expected to hit the $32 billion mark by 2015, reports Global Industry Analysts. Manufacturers are appealing to wider consumer tastes by diversifying their product portfolios to offer an array of designs and colors. Industry players collaborate with fashion designers to give their crystalware, flatware and dinnerware product lines added style.

The US remains the leading decoration regional market in the world, despite negative impact from the economic recession after the housing bubble burst, leading to lower new-hoome construction. As the housing market recovers, houseware demand continues to rebound. Market maturity in the US and the EU is encouraging companies to look to alternative markets with growth potential such as Latin America and Asia.

Global Industry Analysts estimates the world mattress market will reach almost $25 billion by 2017. Innerspring mattresses represent about 80% of the overall mattress market, though demand for specialty mattresses is rising as more affluent consumers, especially in mature markets such as the US, are willing to pay higher prices for extra comfort. The market is expected to record a yearly growth rate of 12% through to 2017.

Read more »


You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 3 600 reports

Global Home Goods Markets

  • January 2015
    7 pages
  • Home Goods  

  • France  


    Russian Federat...  

View report >

Home Goods Industry in Europe

  • May 2016
    9 pages
  • Home Goods  

  • Europe  

View report >

Home Goods Markets in India

  • January 2014
    5 pages
  • Major Appliance  

    Pressure Cooker  

  • India  

View report >

Home Goods Markets in China - Forecast

  • December 2014
    5 pages
  • Home Goods  

  • China  

View report >

Home Goods Markets in Australia

  • June 2015
    224 pages
  • Home Goods  

  • Australia  


View report >

The future of the Tableware Industry in the US

  • June 2016
    2 pages
  • Tableware  

  • United States  

View report >

Energy Markets in Switzerland

  • June 2016
    31 pages
  • Energy  

    Energy Efficien...  


  • Switzerland  

View report >

Tableware and Porcelain Industry in the US

  • June 2016
    108 pages
  • Tableware  


  • United States  

View report >

About 9 700 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 10 000)

Opportunity in the Indian Power Tools Market - 2016; Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast

Opportunity in the Indian Power Tools Market - 2016; Market size, Market share, Market landscape, Market trend analysis, Growth drivers, Future opportunity, Future forecast

  • $ 10 000
  • Industry report
  • April 2016
  • by Feedback Business Consulting

This report provides an insight into the Opportunity in the Indian Power Tools current market scenario, structure and practices. In depth market scenario includes; - Current market size estimates - Market ...

Opportunity In The Indian Industrial Air Compressors Ma ...

April 2016 $ 10 000

Opportunity In The Indian Vaccine Refrigerator Market - ...

April 2016 $ 6 000

Opportunity In The Indian Consumer Durables Market - 20 ...

April 2016 $ 6 000

Opportunity In The Indian Mattresses Market - 2016; Mar ...

April 2016 $ 6 000

Opportunity In The Indian Commercial Refrigeration Mark ...

April 2016 $ 6 000

Bathroom & Toilet Assist Devices Market By Product Type ...

April 2016 $ 5 650

2016 Global Automotive Armrest Production, Supply, Sale ...

April 2016 $ 5 600

2016 Global Pressure Cooker Production, Supply, Sales A ...

April 2016 $ 5 600

Benelux Power Tools Market: Global Industry Analysis An ...

June 2016 $ 5 000

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.