China Home and Garden Product Retail Market Summary and Forecast

Key Highlights

• The home & garden products market is segmented into gardening and outdoor living products, home improvement products, and homewares.
• The Chinese home & garden products market had total revenues of $325 billion in 2022, representing a compound annual growth rate (CAGR) of 4.6% between 2017 and 2022.
• The homewares segment accounted for the market's largest proportion in 2022, with total revenues of $151.2 billion, equivalent to 46.5% of the market's overall value.
• In 2022, the Chinese home & garden products market experienced contraction due to smartphone saturation and reduced consumer spending. The economic slowdown and inflation contributed to decreased consumer spending in retail, resulting in a dip in the market. For instance, consumer price inflation in China in 2022 stood at 2%, an increase from 0.9%, according to GlobalData.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the home & garden product retail market in China
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the home & garden product retail market in China
• Leading company profiles reveal details of key home & garden product retail market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the China home & garden product retail market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the China home & garden product retail market by value in 2022?
• What will be the size of the China home & garden product retail market in 2027?
• What factors are affecting the strength of competition in the China home & garden product retail market?
• How has the market performed over the last five years?
• How large is China’s home & garden product retail market in relation to its regional counterparts?