;
COVID-19 SERVICE: We are heightening our efforts to assist the UK retail & leisure industry through this challenging period. Explore this service now… COVID-19 SERVICE

UK Homewares Sector Report | Insight & Analysis

May 2024

What's included in this report?

  • Homewares Market Share - Top 10 Homeware retailers
  • Homewares Market Size estimates by category (£m)
  • Sales Growth by category
  • Total Homewares Spending by category (£m)
  • Online Household Goods Sales (y-o-y)
  • Forecasts for 2024 - 2028
  • Footfall by channel and region
  • Regional Weather data and more…

UK Homewares Sector Report : May 2024

Access report with a free trial subscription

No payment required. Free for 30 days. Cancel anytime

Report Summary

Period covered: 25 February – 30 March 2024

3 minute read

 

Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or take out a free 30 day membership trial now.

 

Homewares sales

Homewares sales grew by xx% YoY in March, according to the Retail Economics Retail Sales Index.

Homewares was the top performing household goods sector in March, seeing positive sales growth compared to figures of xx% for Furniture & Flooring and xx% for DIY & Gardening.

 

 

Early Easter demand

GfK’s consumer confidence index remained unchanged from the previous month in March at xx. However, the Major Purchase Index fell further into negative territory, decreasing by xx points to xx.

This was households refrain from big-ticket furniture items and large-scale home improvement projects.

Elevated living costs alongside largely dull, wet weather throughout March saw dampened demand for big ticket household goods products and garden furniture.

However, demand for smaller household goods was more resilient as households were benefiting from seasonal influences. The approach of Easter promoted sales of kitchenware and tableware as households prepared to host large gatherings to mark the occasion.

Demand for homewares further grew as households updated their interiors ahead of spring.

 

 

Online household goods

Online Household Goods sales xxxx by xx% YoY in March, against a xx% rise a year ago, the xxxx performance since xxxx.

The inclusion of Easter in this month’s trading period provided a boost to lower value homewares. However, this was outweighed by ongoing weakness in household budgets, with confidence in making major purchases edging lower in March (GfK).

Online sales accounted for xx% of overall Household Goods retail sales in March, xxxx on the xx% proportion a year ago.

Average weekly spend was £xx in March, down from the £xx spent in the same month a year earlier.

 

 

Take out a FREE 30 day membership trial to read the full report.

 

 

 

Online household goods – spend vs. growth

Source: ONS, Retail Economics analysis

Latest monthly UK Homewares Sector Report

Report: March 2024 3 minute read   Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a me... read more
Report: February 2024 3 minute read   Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a me... read more
Report: January 2024 3 minute read   Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a me... read more
View Archive

Need more insight on UK retail?

Try a FREE 30 day trial subscription

How it works
  • Free for 30 days, no payment details, cancel anytime
  • Create account and log into your retail insight dashboard
  • Download free retail economic and sector reports
  • Download thought leadership reports and presentations
  • Access time series data and much more…
Get insight with a FREE trial subscription

Trusted by

    Sainsburys Argos O2 Barclays Warner Bros Akznobel Sky British Land

Report Contents

UK Homewares Sector Report Report
  • Executive Summary

  • Sector analysis

  • Homewares – Retail Economics Index

  • Online Household Goods – Office for National Statistics

  • By Sub-Sector – Office for National Statistics

  • Macro Factors

  • Mortgages & Savings

  • Consumers

  • Footfall

  • Labour market

  • Earnings

  • Costs, Prices and Margins

  • Weather Watch

  • Average Temperature

  • Average sunshine hours

  • Average Rainfall

3 reasons to use us


We understand your needs in a fast-paced industry

Our reports are designed to give you easy to read data summaries with powerful interpretation leaving you with actionable insight


Benefit from insights from proprietary data

As industry experts you readily benefit from our deep understanding of the homewares sector as we continually mine insights from our proprietary data 


Our expertise are aligned with your objectives

Our data and analysis is relevant, timely and hugely supportive in fulfilling your core objectives in a dynamic and disruptive industry

About our reports and subscriptions

Retail Economics publishes monthly Retail Sector Reports for the UK Homewares sector giving you actionable insights for your business.

 

It provides in-depth analysis of the latest macroeconomic and consumer trends affecting the homewares market including market size estimates for: House Textiles, Bedroom Textiles, Kitchenware, Decorative, Lighting and more.

Other popular retail reports

Top