The Homewares segment in Japan registered Market value of USD 26,700.05 Millions in 2023
The indicator recorded a historical decline (CAGR) of 10% between 2020 to 2023, and is expected to decline by...
GlobalData projects the indicator to grow at a CAGR of...
Homewares in Japan
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 homewares market in Japan, 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
Japan accounts for a significant share of the Asia-Pacific homewares market value.
China accounts for the largest share of the Asia-Pacific market.
Leading companies
DCM Holdings, through its subsidiaries, is engaged in the home goods retail business. The company offers a range of homewares, gardening supplies, building materials, pet supplies, laundry supplies, and consumer electronics.
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.
Nitori Holdings Co., Ltd. (Nitori) manages its group businesses and their activities. The group operates primarily in Japan.
The group operates through a range of companies including Nitori Co., Ltd. (Nitori Co.); Nitori Furniture Co., Ltd. (Nitori Furniture); Home Logistics Co., Ltd. (Home Logistics); Nitori Public Co., Ltd. (Nitori Public); Nitori Facility Co., Ltd (Nitori Facility); and other overseas affiliated companies.
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