The world's biggest garden and BBQ trade fair brings together companies from the garden lifestyle sector and trade visitors from all over the world in Cologne, Germany.
Sustainability and circularity are key consumer priorities, influencing purchasing decisions. While many industries have adopted these principles, others are slower to integrate them, viewing circularity as a customer-desired attribute rather than a strategic opportunity for gain.
Wellness is driving growth and premium innovation in the home and garden industry. Discover more about the science of mood and hormones, and how with the impact of COVID-19, biophilic design is becoming increasingly popular with gardening habits on the rise worldwide. Understand how this trend is offering opportunities for growth in an otherwise stagnant sector.
Groupe SEB is the leading player in the homewares sector, with Tefal, Imusa, and All-Clad, amongst other brands. This French heritage company is a staple of consumers’ kitchens around the world, bridging both cookware and appliances as a pioneer on healthy eating technologies and sustainability initiatives.
With US demand softening and domestic production inflation still a factor, the 2023-2024 bankruptcies and layoffs in the furniture sector are warning flags that geographic exposure to cost is strategically existential. Attention here is once again focusing on production locations, in the face of some harsh numbers.
Gardening is more popular than ever, experiencing a renaissance over the pandemic and becoming more interesting for investment and broader export opportunities. Three trends drive gardening spend priorities. Lawn space has been giving way to growing space. Compost sales indicate regional priority gaps between the rise of growing-your-own food versus decorative plants. Peat-free claims and innovation grow, because global compost leaders face strict UK regulation in their home market.
Sustained high inflation has hit sales of home and garden products across most of Western Europe, as well as in many countries in the Asia Pacific region. With consumer confidence shaken by rising prices, exerting downward pressure on people’s purchasing power, shoppers are postponing purchases of big-ticket items like furniture, as they prioritise spending on daily essentials.
Abnormal cost inflation has caused waves of pain for companies since late 2020, but our new Inflation Projection Tool launched in July 2023 strongly indicates that tools and hardware in home and garden stands out as a category where companies were harmed more than most (and brands more than retailers, so far). This sector is badly dislocated around its ability to pass on costs from production to end consumers.
The increase in hybrid work with more time spent at home made consumers value their personal space and perceive a greater need to refresh it by using efficient and value-added methods. This has made the paint sector more attractive, making expansion opportunities particularly more attractive geographically, and across channels, with increases in spending on both branded and private label innovation evident.
The Inspired Home Show 2023 will take place at the McCormick Place Exposition Center in downtown Chicago. Take advantage of the numerous Show services that are offered to make your trade show experience as productive as possible.
Only 55 companies have remained on the Fortune 500 list continuously since its inception in 1955. In that year, GM was the biggest company in the world. 70 or so years later, Wal-Mart, a discount store, is the biggest, while GM filed for bankruptcy in 2009. A generation ago, a “Kodak moment” referred to a picture-worthy moment. Today, it is widely used to describe companies that failed to adapt to market disruptions. Clearly, companies need to innovate their products and business models to survive.
It is the world’s major event where retailers and manufacturers from the home improvement and garden centre industry have the opportunity for an exchange of views of current and future developments within the global market.
Made4DIY, the Association of Italian Manufacturers, is pleased to present Briconight, an event dedicated to the Home & Garden LD business operators. The focus of the conference will be on trends of the Large Distribution channel for manufacturers and retailers operating in the Brico - DIY sector.
In addition to a number of trends that have been shaping demand for homewares in the region over the past few years, pandemic and post-pandemic recovery have further unlocked opportunities and challenges for the industry.
Looking ahead to the future of home improvement and gardening sales, demand drivers in 2021 have created a solid uplift for the year. The biggest driver of this is the demographic shift with more Millennials entering the market. This looks to be a lasting influence across countries. That said, inflation and a vicious cycle of shortages and supply disruptions are expected to be a limiting factor in 2022.
The pandemic fundamentally changed our relationship with the home. With home sizes trending smaller and with a myriad of activities expected to continue at home, the future home will be designed with the versatility of space in mind. Being able to…
Erika Sirimanne, Head of Home and Garden at Euromonitor International, recently discussed cookware and bakeware trends with Penny Rosema at the US Cookwares Manufacturers Association (www.cookware.org). During this podcast Erika discusses how…