The UK Sector Series: Homewares, 2024-2029 report forms part of the analyst's UK Sector Series and offers a comprehensive insight into the Homewares market in the UK, analysing the sector, the major players, the main trends, and consumer attitudes, as well as providing market forecasts out to 2029.
The homewares market is projected to grow at a compound annual growth rate (CAGR) of 2.2% between 2024 and 2029, reaching £16.0bn by the end of the period. Volumes are forecast to begin growing from 2026 onwards, although inflation will continue to be the primary driver of sales growth. The online channel will outpace offline growth in every year of the forecast period, growing at a CAGR of 3.2% versus 1.7%, with retailers that have strong online propositions like Amazon and Dunelm well-placed to maintain their forward momentum in the sector.
The homewares market is projected to grow at a compound annual growth rate (CAGR) of 2.2% between 2024 and 2029, reaching £16.0bn by the end of the period. Volumes are forecast to begin growing from 2026 onwards, although inflation will continue to be the primary driver of sales growth. The online channel will outpace offline growth in every year of the forecast period, growing at a CAGR of 3.2% versus 1.7%, with retailers that have strong online propositions like Amazon and Dunelm well-placed to maintain their forward momentum in the sector.
Key Highlights
- Homewares growth will accelerate out to 2029, driven by rising real incomes and housing transactions
- Dunelm was the biggest winner in 2024, while IKEA was the biggest loser
- Growth of resale poses challenges to the sector
- Growing importance of convenience to consumers
Scope
- Homewares growth will accelerate out to 2029, driven by rising real incomes and housing transactions
- Dunelm was the biggest winner in 2024, while IKEA was the biggest loser
- Growth of resale poses challenges to the sector
- Growing importance of convenience to consumers
Reasons to Buy
- Using our five year forecasts to 2029, learn which categories in the Homewares market will be the fastest performing to enable focus and investment in these winning product areas.
- Understand how drivers of Homewares purchases, such as range, price and quality, vary in importance among different demographics to maximise sales potential.
- Use our in-depth analysis and forecasts to understand the current and future performances of the different channels, including online and offline.
Table of Contents
- Executive summary
- Homewares market size 2024-2029e
- Dunelm was the biggest winner while IKEA was the biggest loser
- Growth of resale poses challenges to the sector
- Growing importance of convenience to consumers
- KEY TRENDS
- Market drivers
- Market inhibitors
- Key Trends: Growth in small-format stores
- Key Trends: Changing competitor landscape
- Key Trends: Winners and losers
- Key Trends: Proliferation of interior design styles
- Strategies for success
- MARKET SIZE AND FORECASTS
- Five year growth 2019-2029
- Market size, 2019-2029
- Market growth drivers 2022-2029
- CATEGORY PERFORMANCE AND FORECASTS
- Key category trends
- Homewares categories
- Market by category %, 2019-2029
- Category segment value and forecast, 2024 & 2029
- CHANNEL PERFORMANCE AND FORECASTS
- Online market, 2019-2029
- Channel growth, 2019-2029
- Market by channel, 2024 and 2029
- Channel value and forecast, 2024 and 2029
- RESALE MARKET 2024-2029
- Resale market size, 2019-2029
- Resale market growth, 2019-2029
- Homewares market, 2019-2029
- Resale online market, 2019-2029
- REVENUE AND MARKET SHARES OF TOP 10 PLAYERS
- Top 10 retailers, 2024
- Market shares of the top 10 retailers
- Top 20 most visited and purchased from retailers for Homewares, 2025
- Homewares competitor overlap, 2025
- Top 10 most purchased from retailers: consumer penetration
- COMPETITIVE LANDSCAPE: PROFILES OF LEADING PLAYERS
- Dunelm
- IKEA
- John Lewis
- Marks & Spencer
- COMPETITIVE LANDSCAPE: RETAILERS TO WATCH
- Retailers to watch: Rockett St George
- Retailers to watch: Spicer & Wood
- Retailers to watch: Maison Flaneaur
- Retailers to watch: So At Nature
- Success and failure case study
- CONSUMERS
- Key consumer trends
- Homewares penetration and profile
- Homewares category penetration
- Homewares channel usage
- Homewares device usage
- Fulfilment methods
- Purchase locations
- Homewares purchase frequency
- Homewares consumer drivers
- Secondhand homewares penetration and consideration
- Secondhand homewares category penetration
- Secondhand homewares consumer drivers
- Secondhand homewares channel usage
- Secondhand homewares future spend
- METHODOLOGY, DEFINITIONS AND CONTACTS
- UK Homewares Market Value & Forecast by Sub Category 2024 & 2029
- UK Homewares Channel Value & Forecast, 2024 & 2029
- Top 10 UK Homewares Retailers, 2024
- UK Homewares Competitor Overlap, 2025
- UK Homewares Category Penetration by Demographic, 2025
- UK Homewares Channel Usage by Demographic, 2025
- UK Homewares Online Device Usage by Demographic, 2025
- UK Homewares Fulfilment Methods by Demographic, 2025
- UK Homewares Fulfilment Methods by Demographic, 2025
- UK Homewares Purchase Locations by Demographic, 2025
- UK Homewares Consumer Drivers by Demographic, 2025
- UK Secondhand Consumer Drivers by Demographic, 2025
- UK Seconhand Channel Usage by Demographic, 2025
- UK Seconhand future spend by Demographic, 2025
- UK Homewares Market GBP m, 2019, 2024, 2029 & CAGR %
- UK Homewares Market Value GBP bn, 2019-2029
- UK Homewares Market Annual Growth %, 2019-2029
- UK Homewares Market Growth Drivers, 2022-2029e
- UK Homewares Categories by Value GBP bn, 2024 & 2029
- UK Homewares Categories by Value Growth %, CAGR, 2024-2029
- UK Homewares Market by Category %, 2019-2029
- UK Homewares Online Market Size GBP bn and Online Penetration %, 2019-2029
- UK Homewares Channel Growth, 2019-2029
- UK Homewares Market by Channel, 2024 and 2029e
- UK Homewares Resale Market Value GBP m, 2019-2029
- UK Homewares Resale Market Annual Growth %, 2019-2029
- UK Homewares Resale Market Annual Growth , 2019-2029
- UK Homewares Market, 2019-2029
- UK Homewares Resale Online Market Value GBP m, 2019-2029
- UK Homewares Resale Online Market Annual Growth, 2019-2029
- Market Shares of Top 10 UK Homewares Retailers, 2023-2025e
- Top 20 Most Visited Retailers for Homewares %, 2025
- Top 20 Most Purchased from Retailers for Homewares %, 2025
- Dunelm's UK Homewares Penetration % 2025
- Tesco's UK Homewares Penetration % 2025
- ASDA's UK Homewares Penetration % 2025
- Amazon's UK Homewares Penetration % 2025
- Sainsbury's UK Homewares Penetration % 2025
- B&M's UK Homewares Penetration % 2025
- IKEA's UK Homewares Penetration % 2025
- Home Bargains' UK Homewares Penetration % 2025
- Argos' UK Homewares Penetration % 2025
- The Range's UK Homewares Penetration % 2025
- Dunelm's UK Homewares market share %, 2021- 2025e
- IKEA's UK Homewares market share %, 2019- 2025e
- Tesco's UK Homewares market share %, 2019- 2025e
- John Lewis' UK Homewares market share %, 2019- 2025e
- Marks & Spencer's UK Homewares market share %, 2019-2025e
- UK Homewares Penetration %, 2025
- UK Homewares Profile %, 2025
- UK Homewares Category Penetration %, 2025
- UK Homewares Channel Usage %, 2025
- UK Homewares Device Usage %, 2025
- UK Homewares Fulfilment Methods %, 2025
- UK Homewares Purchase Locations %, 2025
- UK Homewares Purchase Frequency %, 2025
- UK Homewares Consumer Drivers %, 2025
- UK Secondhand Homewares Penetration %, 2025
- UK Secondhand Homewares Future Purchase Consideration %, 2025
- UK Secondhand Homewares Category Penetration %, 2025
- UK Secondhand Homewares Consumer Drivers %, 2025
- UK Secondhand Homewares Channel Usage %, 2025
- UK Secondhand Homewares Future Spend %, 2025
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aldi
- Amazon
- Argos
- ASDA
- B&M
- B&Q
- Deliveroo
- Dunelm
- Dusk
- H&M
- Hilco
- Home Bargains
- Homebase
- IKEA
- John Lewis & Partners
- Lakeland
- Le Creuset
- Lidl
- Made.com
- Maison Flâneaur
- Marks & Spencer
- Morrisons
- Next
- Poundland
- Primark
- Procook
- Rockett St George
- Sainsbury's
- Screwfix
- Shein
- So At Nature
- Søstrene Grene
- Spicer & Wood
- Swoon
- Tesco
- The Range
- TK Maxx
- Vinted
- Vinterior
- Wilko
- Zara
