PUBLISHER: Euromonitor International | PRODUCT CODE: 1486862
PUBLISHER: Euromonitor International | PRODUCT CODE: 1486862
Home and Garden in the US
In 2023, home and garden in the US saw sales decline in current value terms, grappling with challenges stemming from various economic factors. The industry faced significant setbacks, witnessing declines in new orders, production output, and inventory levels. This downturn was exacerbated by a stagnant real estate market, historically a major driver of purchases of furniture. The disposable incomes of middle-income consumers were strained by inflation and higher priorities, leading to postponed...
Euromonitor International's Home and Garden in USA report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2028 illustrate how market demand is expected to evolve in the medium-term
Product coverage: Home Improvement and Gardening, Homewares and Home Furnishings.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Home and Garden market;
- Pinpoint growth sectors and identify factors driving change;
- Understand the competitive environment, the market's major players and leading brands;
- Use five-year forecasts to assess how the market is predicted to develop.
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
- Home and garden in 2023: The big picture
- 2023 key trends
- Competitive landscape
- Retailing developments
- What next for home and garden?
MARKET DATA
- Table 1 Sales of Home and Garden by Category: Value 2018-2023
- Table 2 Sales of Home and Garden by Category: % Value Growth 2018-2023
- Table 3 NBO Company Shares of Home and Garden: % Value 2019-2023
- Table 4 LBN Brand Shares of Home and Garden: % Value 2020-2023
- Table 5 Penetration of Private Label in Home and Garden by Category: % Value 2018-2023
- Table 6 Distribution of Home and Garden by Format: % Value 2018-2023
- Table 7 Distribution of Home and Garden by Format and Category: % Value 2023
- Table 8 Forecast Sales of Home and Garden by Category: Value 2023-2028
- Table 9 Forecast Sales of Home and Garden by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
- Summary 1 Research Sources
GARDENING IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
- Investment in consumer education leads more people to enjoy gardening
- Cordless robotic lawn mowers become popular for the convenience they offer
- Scotts witnesses increases in brand share across all categories
PROSPECTS AND OPPORTUNITIES
- Tech-integrated products to see a rise in demand in the forecast period
- Indoor plants expected to benefit from small living spaces and "plant parenthood"
CATEGORY DATA
- Table 10 Sales of Gardening by Category: Value 2018-2023
- Table 11 Sales of Gardening by Category: % Value Growth 2018-2023
- Table 12 NBO Company Shares of Gardening: % Value 2019-2023
- Table 13 LBN Brand Shares of Gardening: % Value 2020-2023
- Table 14 Distribution of Gardening by Format: % Value 2018-2023
- Table 15 Forecast Sales of Gardening by Category: Value 2023-2028
- Table 16 Forecast Sales of Gardening by Category: % Value Growth 2023-2028
HOME FURNISHINGS IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
- DTC contributes to growth for some categories and companies within bedroom furniture
- Ashley's rebrand includes modernisation along with a budget-friendly strategy
- Demand for sustainability and aesthetics ensures stable growth for storage furniture
PROSPECTS AND OPPORTUNITIES
- Innovation and convenience expected to drive growth for barbecues
- Demand for sofa beds to return, due to affordability and versatility
- Multi-generational living expected to impact home furnishings
CATEGORY DATA
- Table 17 Sales of Home Furnishings by Category: Value 2018-2023
- Table 18 Sales of Home Furnishings by Category: % Value Growth 2018-2023
- Table 19 NBO Company Shares of Home Furnishings: % Value 2019-2023
- Table 20 LBN Brand Shares of Home Furnishings: % Value 2020-2023
- Table 21 LBN Brand Shares of Light Sources: % Value 2020-2023
- Table 22 Distribution of Home Furnishings by Format: % Value 2018-2023
- Table 23 Forecast Sales of Home Furnishings by Category: Value 2023-2028
- Table 24 Forecast Sales of Home Furnishings by Category: % Value Growth 2023-2028
HOME IMPROVEMENT IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
- Home improvement impacted by economic downturn and lower consumer spending
- Decorative paint sees growth, as it is an affordable way to revamp a home
- Behr is valued for its quality and innovation, while still being affordable
PROSPECTS AND OPPORTUNITIES
- Home improvement expected to see a further decline, before growth stabilises in 2025
- Floor covering expected to be impacted by sourcing disruption and rising materials costs
- Refurbished power tools expected to gain traction, as they are cost-effective
CATEGORY DATA
- Table 25 Sales of Home Improvement by Category: Value 2018-2023
- Table 26 Sales of Home Improvement by Category: % Value Growth 2018-2023
- Table 27 NBO Company Shares of Home Improvement: % Value 2019-2023
- Table 28 LBN Brand Shares of Home Improvement: % Value 2020-2023
- Table 29 Distribution of Home Improvement by Format: % Value 2018-2023
- Table 30 Forecast Sales of Home Improvement by Category: Value 2023-2028
- Table 31 Forecast Sales of Home Improvement by Category: % Value Growth 2023-2028
HOMEWARES IN THE US
KEY DATA FINDINGS
2023 DEVELOPMENTS
- Homewares impacted by economic pressure, but innovation is valued
- Yeti showcases a mix of versatility and product development
- Food storage sees growth due to an increase in food preparation
PROSPECTS AND OPPORTUNITIES
- PFAS chemical reporting expected to have an impact in the forecast period
- Rise in veganism to impact trends in homewares
CATEGORY DATA
- Table 32 Sales of Homewares by Category: Value 2018-2023
- Table 33 Sales of Homewares by Category: % Value Growth 2018-2023
- Table 34 Sales of Homewares by Material: % Value 2018-2023
- Table 35 NBO Company Shares of Homewares: % Value 2019-2023
- Table 36 LBN Brand Shares of Homewares: % Value 2020-2023
- Table 37 Distribution of Homewares by Format: % Value 2018-2023
- Table 38 Forecast Sales of Homewares by Category: Value 2023-2028
- Table 39 Forecast Sales of Homewares by Category: % Value Growth 2023-2028
