Shower Curtain Retail Market to Record 6.97 % Y-O-Y Growth Rate in 2021 | Alibaba Group Holding Ltd. offers Waffle Shower Curtain & Heavy Duty Fabric Shower Curtains | Technavio

2022-05-13 22:10:36 By : Ms. Setty Wang

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NEW YORK , Jan. 20, 2022 /PRNewswire/ -- Shower Curtain Retail Market Facts at a Glance-

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According to the recent market study by Technavio, the Shower Curtain Retail Market is expected to increase by USD 1.11 billion from 2020 to 2025, at an accelerated CAGR of 7.65%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets. Europe will register the highest growth rate of 35% among the other regions. 

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Vendor Insights- The Shower Curtain Retail Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

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Regional Market Outlook The Shower Curtain Retail Market share growth in Europe will be significant during the forecast period. France, the UK, and Germany are the key markets for shower curtain retail in Europe . Market growth in this region will be faster than the growth of the market in North America . The growing online retailing, rising fashion sensitivity toward home furnishing, and product launches by established brands will facilitate the shower curtain retail market growth in Europe over the forecast period.

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Latest Drivers & Challenges of the Market-

Maintaining wide product portfolios is one of the major retail strategies that shower curtain retailers across the globe follow. They have a wide range of SKUs based on categories, brands, collections, and price ranges. This helps customers to choose from a large product assortment and provides significant opportunities for both physical stores and online retailers to increase the volume sales of shower curtains. 

The retailers compete on parameters such as product portfolio, premiumization, differentiation, and pricing. The entry of new retailers and private-label brands will further intensify the competition. This will lead to price wars among vendors. The presence of multichannel retailers (such as Walmart), some of whom have a lower cost structure, further intensifies the competition in the global market. The inability to adapt to the changing competitive landscape can also affect the profit margins of the players. Market competition and price wars intensify the need for operational efficiency required for cost optimization and pricing strategy. This reduces profit margins to sustain in the market by offering products at lower prices. Pure play e-retailers and manufacturing e-retailers also compromise on their profit margins due to the cost incurred on supplies. These factors drastically affect the profitability of shower curtain retailers.  

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Shower Curtain Retail Market 2021-2025: Key Highlights

Bed and Bath Linen Market -The bed and bath linen market have the potential to grow by USD 34.23 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 6.62%. Download a free sample now!

Recliner Sofas Market -The recliner sofas market share is expected to increase by USD 12.01 billion from 2020 to 2025, and the market's growth momentum will decelerate at a CAGR of 9.35%. Download a free sample now!

Shower Curtain Retail Market Scope

Accelerate at a CAGR of 7.65%

Europe, North America, APAC, South America, and MEA

US, France, UK, Germany, and Japan

Leading companies, competitive strategies, consumer engagement scope

Alibaba Group Holding Ltd., Amazon.com Inc., Bed Bath and Beyond Inc., Inter IKEA Holding BV, Lowes Companies Inc., Otto GmbH and Co. KG, Penney IP LLC, Target Corp., The Home Depot Inc., and Walmart Inc.

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 the forecast period,

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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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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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