The International Housewares Association 2006 State of the Industry Report has been released, and we can all rejoice! What are some interesting facts, and how do organizing supplies fit into housewares purchasing?
- The average household spent $578 on housewares, representing a .05 percent increase.
- Specialty stores and DIY hardware and home centers increased their share in housewares retailing in 2005.
- Hardware stores and home centers see the majority of their housewares sales in space organizers, home decor and household electrics.
- Specialty stores accounted for 13 percent of all direct to retail housewares sales, up from 10.3 percent in 2004, and are the top channel for kitchen electrics and home and office supplies.
What are three major trends impacting the housewares industry?
- The eco-friendly movement
- The do-it-yourself market
- Outdoor spaces
The report is composed of data from the IHA annual membership survey, as well as analysis of U.S. and global market data by Raftery Resource Network, and research from other leading firms.
