Home and Garden Product Retail in South Africa - Market Summary, Competitive Analysis and Forecast to 2025
Home and Garden Product Retail in South Africa - Market Summary, Competitive Analysis and Forecast to 2025
Summary
Home & Garden Product Retail in South Africa industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The home & garden products market consists of gardening and outdoor living products, home improvement products, and homewares. Gardening and outdoor living includes garden buildings, manual and electric garden tools, garden utensils, outdoor living products (garden furniture, barbecues, ornaments), and plants and growing media (bulbs, compost, domestic fertilizer, flowering plants, seeds, shrubs and trees). Home improvement includes retail (not trade) sales of decorating materials (paint, varnish, wall tiles, wallpaper), Electricals hardware (alarms, light fittings, plugs, switches), hardware (brackets, locks, nails, bolts, nuts, etc.), other materials (adhesive, aggregates, boards, cement, doors, window frames, glass, bricks, timber, etc.), and manual and power tools. Homewares includes retail sales of home hardware (crockery, cutlery, glassware, rubbish bins, storage, mechanical utensils and home devices e.g. scales), lamps and lampshades, textiles and soft furnishings (bathroom textiles, beddings, cushions, futons, hammocks, mattresses, table linen, furniture covers, doormats), and window dressings (blinds, curtain poles, rails, curtains, hooks).
- The South African home & garden product retail market is forecast to generate total revenues of $5.5bn in 2020, representing a compound annual rate of change (CARC) of -1.5% between 2016 and 2020.
- The home improvement segment is expected to be the market's most lucrative in 2020, with total revenues of $3.9bn, equivalent to 71.6% of the market's overall value.
- The South African market declined by 15.1% in 2020 due to lockdown measures which were introduced to inhibit the spread of COVID-19.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the home & garden product retail market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the home & garden product retail market in South Africa
- Leading company profiles reveal details of key home & garden product retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Africa home & garden product retail market with five year forecasts
Reasons to Buy
- What was the size of the South Africa home & garden product retail market by value in 2020?
- What will be the size of the South Africa home & garden product retail market in 2025?
- What factors are affecting the strength of competition in the South Africa home & garden product retail market?
- How has the market performed over the last five years?
- What are the main segments that make up South Africa's home & garden product retail market?