NEW YORK, March 23, 2022 /PRNewswire/ — The Home and Garden Products B2C E-commerce Market Share is expected to increase by USD 25.88 billion from 2020 to 2025 with an accelerated CAGR of 9.64{f32667846e1257729eaaee80e922ba34a93c6414e9ad6261aff566c043b9e75d}, according to the recent market study by Technavio.
Segmentation by Product (In-Scope/Out-of-Scope)
The home and garden products B2C e-commerce market share growth by the home improvements products segment will be significant during the forecast period. The rising demand for the home renovation process, especially in high- and middle-income group people, is expected to drive the growth of the home improvement products market. Lowes Companies Inc. (Lowes), The Home Depot Inc. (Home Depot) are some prominent retailers that offer home improvement products online.
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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Home and Garden Products B2C E-commerce Market includes the following core components:
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Inputs
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Inbound logistics
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Operations
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Outbound logistics
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Marketing and sales
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Service
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Support activities
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Innovation
Highlights-
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Segmentation- The report extensively covers market segmentation by Product (home improvement products and others) and Geography (APAC, North America, Europe, South America, and MEA).
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Key Companies- Amazon.com Inc., Bed Bath and Beyond Inc., Penney IP LLC, Lowes Companies Inc., Target Corp., The Home Depot Inc., Walmart Inc., and Williams-Sonoma Inc. among others.
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Driver- Increase in smartphone and internet penetration to drive the market
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Challenge– Criticality of logistics management leading to high overhead costs to hamper the market growth
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Vendor Insights-
The home and garden products B2C e-commerce market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
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Bed Bath and Beyond Inc.- The company offers various home and garden products such as personalized water cans, raised garden bed, and more.
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Penney IP LLC- The company offers various home and garden products such as duvet, artificial flowers, and more.
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Lowes Companies Inc.- The company offers various home and garden products such as pergolas, plant stand, and more.
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Learn More about Key Driver & Challenge of the Market-
The percentage-to-population of Internet users in the world is increasing rapidly, especially in emerging countries such as India and China. The trend of online shopping is gaining momentum in developed and developing countries, with smartphone users spending a lot of time online. The growth of wireless and fixed connections has also strengthened the global broadband penetration. The rise in the number of smartphone users has significantly contributed to the growth of the online retail market.
Slack in logistics management, such as the lack of proper postal addresses, and logistical complications, such as late product delivery and chaotic routing, are important aspects that can have a negative impact on the market. These factors can increase overhead costs and weaken profit margins. The lack of standard delivery services also discredits the brand image of the company, thereby dwindling the customer base. Online retailers hire many field workers for better delivery services, which adds to their labor cost. This additional cost is paid from vendors’ profits, thereby debilitating their profit margins. Therefore, e-retailers should emphasize effective product distribution by partnering with established and regional third-party logistics providers.
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Home and Garden Products B2C E-commerce Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 9.64{f32667846e1257729eaaee80e922ba34a93c6414e9ad6261aff566c043b9e75d} |
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Market growth 2021-2025 |
$ 25.88 billion |
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Market structure |
Fragmented |
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YoY growth ({f32667846e1257729eaaee80e922ba34a93c6414e9ad6261aff566c043b9e75d}) |
8.15 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 54{f32667846e1257729eaaee80e922ba34a93c6414e9ad6261aff566c043b9e75d} |
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Key consumer countries |
China, US, Japan, UK, and France |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Amazon.com Inc., Bed Bath and Beyond Inc., Penney IP LLC, Lowes Companies Inc., Target Corp., The Home Depot Inc., Walmart Inc., and Williams-Sonoma Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
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Market ecosystem
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Value chain analysis
Market Sizing
Five Forces Analysis
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Five forces analysis 2020 & 2025
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Bargaining power of buyers
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Bargaining power of suppliers
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Threat of new entrants
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Threat of substitutes
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Threat of rivalry
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Market condition
Market Segmentation by Product
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Market segments
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Comparison by Product
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Home improvement products – Market size and forecast 2020-2025
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Others – Market size and forecast 2020-2025
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Market opportunity by Product
Customer landscape
Geographic Landscape
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Geographic segmentation
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Geographic comparison
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APAC – Market size and forecast 2020-2025
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North America – Market size and forecast 2020-2025
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Europe – Market size and forecast 2020-2025
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South America – Market size and forecast 2020-2025
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MEA – Market size and forecast 2020-2025
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Key leading countries
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Market opportunity by geography
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Market drivers
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Market challenges
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Market trends
Vendor Landscape
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Overview
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Vendor landscape
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Landscape disruption
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
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SOURCE Technavio
