Asia-Pacific (APAC) Home and Garden Retail Market Size, Category Analytics, Competitive Landscape and Forecast to 2027
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APAC Home and Garden Retail Market Report Overview
The APAC home retail market size was $784.7 billion in 2022. The market is projected to achieve a CAGR of more than 6% during the period 2022-2027.
Asia-Pacific (APAC) Home and Garden Retail Market Outlook, 2022 – 2027 ($ Billion)
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The APAC home and garden retail market research report shows the trends in the market and sectors by value. This databook provides both the historical and forecast market data of total retail sales and the home market in APAC by illustrating the data with charts, graphs, and tables summarizing the value and volume trends, with category details in the home sector. The forecasts include the impact of recent events on growth. The databook also reveals major brands’ share in the home sector with their price and market positioning in 2022.
Market Size (2022) | $784.7 Billion |
CAGR (2022-2027) | >6% |
Forecast Period | 2023-2027 |
Historical Period | 2017-2022 |
Key Categories | • Homewares
• Home Improvement • Floor Coverings • Furniture • Gardening and Outdoor Living |
Key Countries | • China
• Japan • India • Australia • Hong Kong • South Korea • Singapore |
Key Channels | • Home Improvement and Gardening Supplies Specialists
• Home Furniture and Floorcoverings Specialists • Online • Homeware Specialists • Hypermarkets, Supermarkets and Hard Discounters • Others |
Leading Retailers | • JD.com
• Bunnings • Ikea • DCM Homac • Alibaba |
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APAC Home and Garden Retail Market Segmentation by Categories
Homewares was the largest category in 2022.
The key categories in the APAC home and garden retail market are floor coverings, furniture, gardening and outdoor living, home improvement, and homewares. Homewares will continue its dominance during the forecast period.
APAC Home and Garden Retail Market Analysis by Categories, 2022 (%)
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APAC Home and Garden Retail Market Segmentation by Countries
The key countries in the APAC home and garden retail market are China, Japan, India, Australia, Hong Kong, South Korea, and Singapore among others. China led the market of home improvement in the APAC home and garden retail market in 2022.
APAC Home and Garden Retail Market Analysis by Countries (Home Improvement), 2022 (%)
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APAC Home and Garden Retail Market Segmentation by Channels
Home improvement and gardening supplies specialists led the APAC home and garden retail market in 2022.
Some of the key channels in the APAC home and garden retail market are home improvement and gardening supplies specialists, home furniture and floorcoverings specialists, online, homeware specialists, hypermarkets, supermarkets and hard discounters, and others. Home improvement and gardening supplies specialists’ channel is likely to dominate the market during the forecast period.
APAC Home and Garden Retail Market Analysis by Channels, 2022 (%)
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APAC Home and Garden Retail Market - Competitive Landscape
The leading retailers in the APAC home and garden retail market are:
- com
- Bunnings
- Ikea
- DCM Homac
- Alibaba
JD.com was the largest retailer in the APAC home and garden retail market in 2022.
APAC Home and Garden Retail Market Analysis by Retailers, 2022 (%)
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Segments Covered in the Report
APAC Home and Garden Retail Market Categories Outlook (Value, $ Billion, 2017-2027)
- Floor Coverings
- Furniture
- Gardening and Outdoor Living
- Home Improvement
- Homewares
APAC Home and Garden Retail Market Channels Outlook (Value, $ Billion, 2017-2027)
- Home Improvement and Gardening Supplies specialists
- Home Furniture and Floorcoverings Specialists
- Online
- Homeware Specialists
- Hypermarkets, Supermarkets and Hard Discounters
- Others
APAC Home and Garden Retail Market Countries Outlook (Value, $ Billion, 2017-2027)
- China
- Japan
- India
- Australia
- Hong Kong
Scope
- This databook provides both the historic and forecast market data of total retail sales and the home market in APAC.
- It illustrates the data with charts, graphs, and tables summarizing the value and volume trends, with category details in the home sector.
- The forecasts include the impact of recent events on growth.
- The databook also reveals major brands’ share in the home sector with their price and market positioning in 2022.
Key Highlights
- The overall retail market in APAC is forecast to grow between 2022 and 2027.
- Online channel sales are expected to grow during 2022-2027.
- The home sector of APAC is dominated by mass-market players in 2022.
Reasons to Buy
- Gain a comprehensive view of the APAC home market and forecasts to 2027.
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of recent events on the electrical market in APAC.
- Investigate current and forecast trends in APAC home sector to identify the opportunities offering the most potential.
- Understand who the main competitors are in the home sector and the price positioning.
Bunnings
IKEA
Nitori
DCM Homac
Kohnan Shoji
Harvey Norman
Komeri Hard & Green
Cainz Home
Alibaba
Table of Contents
Frequently asked questions
-
What was APAC home retail market size in 2022?
The home retail market size in APAC was valued at $784.7 billion in 2022.
-
What is the growth rate of the APAC retail market?
The retail market in APAC is expected to achieve a CAGR of more than 6% during 2022-2027.
-
Which category accounted for the largest APAC retail market share?
Homewares was the largest category in 2022 in the APAC home and garden retail market.
-
Which channel accounted for the largest APAC retail market share?
Home improvement and gardening supplies specialists led the APAC home and garden retail market in 2022.
-
Who are the major players operating in the APAC retail market?
The leading retailers in the APAC home and garden retail market are JD.com, Bunnings, Ikea, DCM Homac, and Alibaba.
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