Only a very slow value CAGR is expected at constant 2022 prices for dining in the forecast period, along with higher current value growth. Nevertheless, there remain opportunities for businesses in this category, especially those that can leverage the home cooking trend, and the coffee culture.
The channel distribution for homewares is extremely dynamic, with significant growth seen for retail e-commerce in recent years. The COVID-19 pandemic further accelerated the shift towards e-commerce, but it is uncertain how things will evolve, with an expected rebound for offline channels in FY23.
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Understand the latest market trends and future growth opportunities for the Homewares industry in Australia 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.
If you're in the Homewares industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cooking utensils, dishes, tableware, cutlery, drinkware, serving trays and other small articles used in a home. Items must be new when sold to the consumer. Second-hand / used homewares are excluded, as are antique sales. Homewares refers to dining (beverageware, cutlery and dinnerware) and kitchen (cookware and kitchenware).See All of Our Definitions
This report originates from Passport, our Homewares research and analysis database.
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