The house & home industry is related to consumer goods and services that relate to the operation, design and upkeep of a residence. House & home market is broadly categorized into household products, home appliances, furniture, home security & safety equipment, lawn & garden, art and other related sectors.
The household products market is driven by increased focus on safe food storage, hygienic garbage disposal, consumer awareness regarding the importance of hygiene, importance of sanitary conditions and spread of infectious diseases. The household products include textile washing products, toilet care products, dishwashing products, general purpose cleaners, air fresheners and others. Textile washing products segments hold the largest value in the household products market.
Home furniture primarily offers support to various human activity such as fencing, seating, eating, studying, sleeping and protection. Furniture market is segmented on the basis of used materials into metal, plastic and wood. The different examples of furniture are chairs, tables, beds, sofa, desks, drawers, cupboards, etc. Furniture market is experiencing growth because of rising urban population and growing disposable income.
In addition, increasing security concerns and technological developments have resulted in the growth of home security and safety equipment market. Various devices such as night-vision, cameras, electronic & smart locks, motion sensors, etc. are being utilized for safety measures. Higher installation cost and technological complexities associated with the devices are some of the restraining factors.
Technological developments have also influenced the home appliances product market. Smart home appliances, which are connected devices and can be controlled by a central system, offers convenience and energy efficiency along with eliminating the need for much human intervention. Increased mobile phone usage and high-speed internet are the key market drivers.
The house & home industry is highly fragmented resulting in competition between the manufacturers producing a variety of goods in a specific industry.
ASDReport.com offers a rich repository of reports on house & home market. The reports cover various products and segmented related to the market like mattresses, cups and bulbs, refrigerators, vacuum cleaners, lawn & garden, art, furniture, security & security equipment and much more.