Research and Markets: Global Homewares Market 2014-2018: Countries Such as Brazil, Russia, India and China Offer Outstanding Opportunities for Vendors
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fc59ft/global_homewares) has announced the addition of the "Global Homewares Market 2014-2018" report to their offering.
The analysts forecast the Global Homewares market to grow at a CAGR of 4.67 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in household disposable income. The Global Homewares market has also been witnessing increasing demand from emerging economies. However, the low brand loyalty could pose a challenge to the growth of this market.
Key vendors dominating this space are Bed Bath & Beyond Inc., IKEA International Groups, Lowe's Companies Inc., and Metro AG.
Other vendors mentioned in the report are Ahold U.S.A. Inc., Aldi Inc., Arc Distribution South Africa Pty. Ltd., Carrefour SA, Continental China Pty. Ltd., Clicks Group Ltd., DCM Holdings Co. Ltd., Industria de Diseño Textil SA, Intime Retail Group Co. Ltd., J.C. Penny Company Inc., J Sainsbury plc, Kingfisher Plc, Leroy Merlin SA, Lifestyle International Pvt. Ltd., Future Group, Fred Meyer Inc., Marks and Spencer Group plc, Mr. Price Group, Nitori Holdings Co. Ltd., Prestige Housewares Ltd., Publix Super Markets Inc., Sears Holdings Corp., SuperValu Inc., Target Corp., Tesco plc, The Kroger Co., RONA Inc., Shop Direct Group, Shoppers Stop Ltd., TJX Companies Inc., Wm Morrison Supermarkets plc, and Wal-Mart Stores Inc.
Commenting on the report, an analyst from the team said: The Homewares market in emerging countries such as in the APAC region and the MEA is expected to grow at a rapid pace during the forecast period. Countries such as Brazil, Russia, India, and China offer outstanding opportunities for vendors providing homewares. These countries have witnessed remarkable economic growth in recent years. Therefore, large sections of the population in these countries have progressed from the poverty level into the middle class and people in this segment have enough money to spend on homeware products to decorate their homes. Thus, the increasing demand for homeware products from emerging economies is a major trend that is expected to lead the growth of the Global Homewares market during the forecast period.
For more information visit http://www.researchandmarkets.com/research/fc59ft/global_homewares
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.