Home and Garden in the US

May 2023 | 46 pages | ID: H91C8D98BDDEN
Euromonitor International Ltd

Abstracts

In 2022, the US saw a decline in consumer confidence, which was attributed to a surge in inflation caused by increases in energy prices due to the 2022 Russian invasion of Ukraine. This, coupled with lingering COVID-19 supply chain issues, kept food prices high, contributing to an overall inflation rate of 8.0%. This was marginally higher than the inflation rate of 7.9% witnessed in the overall North America region. As a result, the home and garden industry in the US experienced only negligible...

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 2027 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

HOME AND GARDEN IN THE US
EXECUTIVE SUMMARY
Home and garden in 2022: The big picture
2022 key trends
Competitive landscape
Retailing developments
What next for home and garden?
MARKET DATA
Table 1 Sales of Home and Garden by Category: Value 2017-2022
Table 2 Sales of Home and Garden by Category: % Value Growth 2017-2022
Table 3 NBO Company Shares of Home and Garden: % Value 2018-2022
Table 4 LBN Brand Shares of Home and Garden: % Value 2019-2022
Table 5 Penetration of Private Label in Home and Garden by Category: % Value 2017-2022
Table 6 Distribution of Home and Garden by Format: % Value 2017-2022
Table 7 Distribution of Home and Garden by Format and Category: % Value 2022
Table 8 Forecast Sales of Home and Garden by Category: Value 2022-2027
Table 9 Forecast Sales of Home and Garden by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources
GARDENING IN THE US
KEY DATA FINDINGS
2022 DEVELOPMENTS
Demand for sustainable fertilisers gains traction in gardening
Increased awareness of composting benefits sales of composting bins
Small brands lead gardening in 2022
PROSPECTS AND OPPORTUNITIES
Indoor gardening expected to remain popular in the US
Gardening set to witness the development of robotic lawn mowers
Popularity of gardening will benefit sales of horticulture products
CATEGORY DATA
Table 10 Sales of Gardening by Category: Value 2017-2022
Table 11 Sales of Gardening by Category: % Value Growth 2017-2022
Table 12 NBO Company Shares of Gardening: % Value 2018-2022
Table 13 LBN Brand Shares of Gardening: % Value 2019-2022
Table 14 Distribution of Gardening by Format: % Value 2017-2022
Table 15 Forecast Sales of Gardening by Category: Value 2022-2027
Table 16 Forecast Sales of Gardening by Category: % Value Growth 2022-2027
HOME FURNISHINGS IN THE US
KEY DATA FINDINGS
2022 DEVELOPMENTS
Home office furniture witnesses reduced demand
Innovation seen in mattresses
Demand remains strong for bath textiles in 2022
IKEA gains share within home furnishings
PROSPECTS AND OPPORTUNITIES
US ban on incandescent bulbs to boost sales of LED lamps
Sustainability to remain significant for manufacturers
CATEGORY DATA
Table 17 Sales of Home Furnishings by Category: Value 2017-2022
Table 18 Sales of Home Furnishings by Category: % Value Growth 2017-2022
Table 19 NBO Company Shares of Home Furnishings: % Value 2018-2022
Table 20 LBN Brand Shares of Home Furnishings: % Value 2019-2022
Table 21 LBN Brand Shares of Light Sources: % Value 2019-2022
Table 22 Distribution of Home Furnishings by Format: % Value 2017-2022
Table 23 Forecast Sales of Home Furnishings by Category: Value 2022-2027
Table 24 Forecast Sales of Home Furnishings by Category: % Value Growth 2022-2027
HOME IMPROVEMENT IN THE US
KEY DATA FINDINGS
2022 DEVELOPMENTS
Development of hempwood flooring hampers sales of wooden flooring
Decorative paint witnesses a rise in demand
Behr gains share in 2022 due to its innovative marketing
PROSPECTS AND OPPORTUNITIES
Peel-and-stick wallpaper to remain popular in the forecast period
Cordless drills will outperform corded drills
CATEGORY DATA
Table 25 Sales of Home Improvement by Category: Value 2017-2022
Table 26 Sales of Home Improvement by Category: % Value Growth 2017-2022
Table 27 NBO Company Shares of Home Improvement: % Value 2018-2022
Table 28 LBN Brand Shares of Home Improvement: % Value 2019-2022
Table 29 Distribution of Home Improvement by Format: % Value 2017-2022
Table 30 Forecast Sales of Home Improvement by Category: Value 2022-2027
Table 31 Forecast Sales of Home Improvement by Category: % Value Growth 2022-2027
HOMEWARES IN THE US
KEY DATA FINDINGS
2022 DEVELOPMENTS
Essential food storage and kitchen utensils remain in demand
Growing interest in cooking and baking boosts demand for cookware
All-Clad gains share within homewares in 2022
PROSPECTS AND OPPORTUNITIES
Upcycled glassware set to gain popularity in the future
Players set to develop modular cutlery sets to attract consumers
CATEGORY DATA
Table 32 Sales of Homewares by Category: Value 2017-2022
Table 33 Sales of Homewares by Category: % Value Growth 2017-2022
Table 34 Sales of Homewares by Material: % Value 2017-2022
Table 35 NBO Company Shares of Homewares: % Value 2018-2022
Table 36 LBN Brand Shares of Homewares: % Value 2019-2022
Table 37 Distribution of Homewares by Format: % Value 2017-2022
Table 38 Forecast Sales of Homewares by Category: Value 2022-2027
Table 39 Forecast Sales of Homewares by Category: % Value Growth 2022-2027