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The Market value of Homewares Segment in India (2020 - 2028, USD Millions)

  • The Homewares segment in India registered Market value of USD 17,656.31 Millions in 2023

  • The indicator recorded a historical growth (CAGR) of 14% between 2020 to 2023, and is expected to grow by...

  • GlobalData projects the indicator to grow at a CAGR of...

The Market value of Homewares Segment in India (2020 - 2028, USD Millions)

Published: Mar 2024
Source: GlobalData

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Global Homewares  

The homewares market includes the following segments: home hardware, lighting, textiles and soft furnishings, and window dressings. Home hardware includes the sale of crockery, cutlery, glassware, home cleaning, home storage, ironing boards, kitchen utensils, rubbish bins and other home hardware like household scales and other mechanical devices. 

Lighting includes the sale of lampshades, light/lampstands, light bulbs, and table and desk lamps. Textiles and soft furnishings include the sale of bathroom textiles, beddings, cushions, futons, hammocks, mattresses, table linen and other textile and soft furnishings like clothing and furniture coverings, doormats, laundry bags, parasols, shoe bags and shopping bags. Window dressings include the sale of blinds, curtain poles, rails, curtains and hooks. 

Category segmentation  

Home hardware is the largest segment of the global homewares market, accounting for the largest share of the market's total value.  

The textiles and soft furnishings segment accounts for the second-largest share of the market. 

Geography segmentation  

Europe accounts for the largest share of the Global homewares market value.  

The United States accounts for the second-largest share of the Global market. 

Leading companies  

Bed Bath & Beyond Inc. 

Bed Bath & Beyond (BBB) operates specialty retail stores that offer domestics merchandise such as bed linens and related items, bath items and kitchen textiles, as well as home furnishings which consist of kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables and children's products. The company operates in two business segments: North American retail and institutional sales. 

IKEA Group 

IKEA Group (IKEA) is a global retailer of Scandinavian-designed furniture and accessories. The parent company of the IKEA Group of companies is Ingka Holding BV, a private Dutch-registered company, which, in turn, is owned by Stichting Ingka Foundation. The Stichting Ingka Foundation was established in 1982 by Ingvar Kamprad and the ownership of this foundation lies with the Kamprad family. The IKEA trademark and concept is owned by Inter IKEA Systems, another private Dutch company, but not part of the Ingka Holding Group. The parent company of Inter IKEA Systems is Inter IKEA Holding which is registered in Luxembourg. 

Metro AG 

Metro AG conducts its retail and wholesale business primarily through Metro Group (Metro). It also manages group-wide functions, including finance, controlling, legal and compliance. The group operates through five business segments: Metro Cash & Carry, Media-Saturn, Real, Galeria Kaufhof and others. 

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