According to a new report by ReportsWeb – The UK Homewares Market 2018-2023 – demand for homewares is expected to increase as housing transactions pick up.
The good news for cookshops is that kitchenware is anticipated to be the ‘most shopped for’ category, with growth largely driven by the health and wellness trend which has created a greater interest in cooking from scratch.
A fast fashion attitude to homewares among retailers and influencers is leading younger shoppers to purchasing homewares more frequently, with 60% of 16-24 year olds and 70% of 25-34 year olds purchasing homewares at least every seven to nine months.
However, by 2023 it is predicted that general merchandise will overtake homewares specialists and become the leading channel for homewares with 28.1% of the market.
The UK Homewares Market 2018-2023 analyses the market, the major players, the main trends and consumer attitudes, covering five different homewares sub-sectors.
Visit @ www.reportsweb.com/inquiry&RW00012329467/sample
Top: Housing transactions are driving the market for homewares says a new report.