How big is the Homewares Market | Size by Category and Region 2025

Q: What is the current size of the homewares market?

The market was valued at USD 110.6 Billion in 2024 and is projected to reach USD 157.3 Billion by 2031.

Q: What is the expected CAGR for the homewares market?

The market is expected to grow at a CAGR of 5.1% from 2025 to 2031.

Q: What are the key trends in the market?

Eco-friendly products, e-commerce growth, personalization, and minimalist designs.

Q: What factors are driving the homewares market growth?

Urbanization, rising income, home ownership, and aesthetic lifestyle preferences.

Q: Who are the major players in the homewares industry?

IKEA, Wayfair, Bed Bath & Beyond, Muji, and Zara Home.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6211

Publication Date: Jul 2025

How big is the Homewares Market?

According to 6Wresearch internal database and industry insights, the Global Homeware Market was valued at USD 105 Billion in 2024 and is expected to reach USD 153.59 Billion by 2031, growing at a compound annual growth rate of 5.70% during the forecast period (2025-2031).

The market is growing due to urbanization, increasing home ownership, rising disposable incomes, and a surge in aesthetic home dÃ©cor preferences.

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Key Growth Drivers of the Homewares Market

Increasing preferences on beautiful and utility in home decorations
greater availability of disposable income and lifestyle expenditure
Increasing trend towards online shopping site.
Urbanization and shift in consumer preferences
Renovation and remodeling fads Tendencies to do it more often

Homewares Market Trends

The homewares market is being shaped by a growing inclination towards stylish, multi-functional, and sustainable products. Consumers are increasingly influenced by social media trends and lifestyle influencers when choosing home dÃ©cor items. There is a strong shift toward minimalistic and contemporary designs with a focus on neutral tones and natural materials. Personalization is becoming a dominant theme, with consumers seeking unique pieces that reflect their individual style. E-commerce continues to drive growth, offering convenience and access to a wide range of global products.

Emerging Developments in the Homewares Market

Product innovation is led by sustainability, as the brands get more concern with materials that are environmentally-friendly, such as bamboo, recycled glass, and organic cotton. Shopping applications are incorporating augmented reality (AR) technologies giving customers a chance to preview homeware products in their living rooms prior to buying. Young people are also interested in curated homeware box subscriptions. Partnership between designers or celebrities and homeware brands are improving brand value and customer interaction. Players across the globe are reaching in developing nations with product lines tailored locally to get them sufficiently far.