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.
In 2022, home furnishings in the US experienced a notable increase in innovative developments, particularly in mattresses, due to the effects of the pandemic. The pandemic highlighted the significance of maintaining good health and immunity, with adequate sleep being crucial to support a healthy immune system.
Sales of home and garden products in the US are divided between numerous large and small players. In 2022, small and relatively unknown brands, included under “others”, managed to capture a significant share of value sales in all categories.
In 2022, the majority of consumers preferred to purchase home and garden products in bricks-and-mortar stores, because they wanted to inspect and experience products before committing to purchase. For example, non-grocery retailers held the highest value share in offline retailing, due to their convenient locations and flexible operating hours, enabling consumers to shop at their convenience.
Over the forecast period, gardening in the US is expected to witness a surge in demand for indoor plants in both current value terms and value terms at constant 2022 prices. This is due to the convenience of indoor gardening, which allows consumers living in apartments or homes with limited outdoor space to grow plants, herbs, and vegetables in small indoor areas such as shelves and windowsills.
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Understand the latest market trends and future growth opportunities for the Home and Garden industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
If you're in the Home and Garden industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home and Garden
This project has a strict focus on sales to consumers only. Trade and professional sales are excluded. Home and garden refers to gardening, home improvement, homewares and home furnishings.See All of Our Definitions
This report originates from Passport, our Home and Garden research and analysis database.
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