Homewares current value sales are projected to increase steadily throughout the forecast period. Together with favourable macroeconomic conditions and further growth in the total number of households in Taiwan, the well-established tendency towards home-centric living and rising interest in cooking should ensure overall demand remains solid.
Products with added-value properties focused on convenience, health and hygiene will continue to fare well across homewares over the forecast period. For instance, the wider adoption of smart technologies in Taiwanese kitchens should bolster demand for cookware with embedded sensors that automatically relay real-time data on temperature, cooking times and related metrics to connected devices.
With Taiwanese households increasingly attempting to reduce their environmental footprint, interest in more sustainable homewares is expected to remain strong over the forecast period. Most notably, consumers will continue to gravitate towards products made with recycled/recyclable, biodegradable, easily renewable and ethically sourced materials.
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Understand the latest market trends and future growth opportunities for the Homewares industry in Taiwan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Homewares industry in Taiwan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Homewares
Cooking utensils, dishes, tableware, cutlery, drinkware, serving trays and other small articles used in a home. Items must be new when sold to the consumer. Second-hand / used homewares are excluded, as are antique sales. Homewares refers to dining (beverageware, cutlery and dinnerware) and kitchen (cookware and kitchenware).
See all of our definitionsThis report originates from Passport, our Homewares research and analysis database.
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