Homeware Market Report 2026

The homeware market size has grown strongly in recent years. It will grow from $143.62 billion in 2025 to $153.31 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to urbanization, rising disposable income, growth of organized retail, increasing home renovation projects, demand for aesthetic interiors.

The homeware market size is expected to see strong growth in the next few years. It will grow to $199.56 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to technological integration in smart homes, eco-conscious consumer trends, online retail penetration, modular furniture innovation, adoption of AI-driven home design solutions. Major trends in the forecast period include increasing preference for modular and multi-functional furniture, growing adoption of minimalist and space-saving designs, rising demand for eco-friendly and biodegradable homeware products, expansion of online homeware retail channels, personalized and customizable home décor solutions.

The rising trend of urbanization is anticipated to drive the expansion of the homeware market in the coming years. Urbanization refers to the continuing increase in the share of the global population living in urban areas, as people move from rural regions to cities and towns in search of improved living standards, job opportunities, and access to essential services. This growth in urbanization is fueled by ongoing demographic shifts toward city living, supported by global population growth and economic progress. The homeware market benefits from urbanization because city dwellers require more functional, space-efficient, and aesthetically designed products suited for smaller living spaces and contemporary lifestyles. For example, in November 2025, according to the United Nations Department of Economic and Social Affairs, a US-based Secretariat-level department of the United Nations, approximately 45% of the world’s 8.2 billion people live in cities, and between now and 2050, about two-thirds of global population growth is expected to occur in urban areas, with most of the remaining growth in towns. Consequently, the increasing urbanization is fueling the growth of the homeware market.

Major companies operating in the homeware market are concentrating on incorporating sensory-driven design innovations, such as aroma diffusion products, to enhance home ambience, comfort, and lifestyle experiences. Aroma diffusion products are home fragrance devices that disperse scented oils into indoor spaces using controlled diffusion systems, allowing features such as ambient scent distribution, mood enhancement, and customization of living environments. For instance, in November 2025, Transparent, a Sweden-based consumer electronics and design company, introduced the Transparent Aroma Diffuser, an aroma diffusion product aimed at elevating home living spaces by combining fragrance delivery with minimalist interior aesthetics, featuring a transparent glass enclosure, modular design, and essential oil compatibility. The Transparent Aroma Diffuser enhances home ambience and sensory engagement by uniting functional fragrance diffusion with modern homeware design.

In May 2025, HomesToLife Ltd, a Singapore-based home furniture products company, acquired HTL Marketing Pte Ltd for an undisclosed amount. Through this acquisition, HomesToLife seeks to expand its global presence across Asia-Pacific, Europe, and North America by utilizing HTL Marketing’s international network, customer base, and supply capabilities to enhance revenue and profitability. HTL Marketing Pte Ltd is a Singapore-based company specializing in premium upholstered sofas and leather materials for sofa manufacturing.

Major companies operating in the homeware market are Walmart Inc., Carrefour SA, Whirlpool Corporation, Kohl's Corporation, Newell Brands Inc., Williams-Sonoma Inc., Kohler Co., GE Appliances, Herman Miller Inc., HNI Corporation, Conair Corporation, ARC International, Fiskars Group, Tupperware Brands Corporation, Villeroy & Boch, Libbey Inc., Lifetime Brands Inc., The Oneida Group, LocknLock India, Corelle Brands LLC, Royal Doulton, Lenox Corporation, Crown Brands LLC, Meyer Corporation, Zepter International, Inter IKEA Systems B.V., International Cookware SAS, Wedgwood, Sambonet Paderno Industrie S.p.A., Bormioli Luigi S.p.A., Groupe SEB.

North America was the largest region in the homeware market in 2025. The regions covered in the homeware market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the homeware market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

The homeware market consists of sales of curtains, bed covers¸ household equipment, cushions, tablecloths and decorative craft products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.