Published on : Feb 09, 2018
Albany, New York, February 9, 2018: Recently a new insightful report based on home improvement and gardening supplies specialists in Italy titled “Retail Sales of Home Improvement and Gardening Supplies Specialists in Italy: Market Size, Growth and Forecast to 2021” has been submitted to the database of Market Research Hub (MRH). The report analyzes the Italy market for home improvement and gardening supplies specialists for the period 2017-2021. The report offers both qualitative and quantitative analysis on the home improvement and gardening supplies specialist sales in Italy.
The thorough study begins with an executive summary that offers detailed information related to the market numbers such as market share and CAGR. The report has been divided into various segments which are electrical, food & grocery, home & other. Each of these segments is analyzed in detail, and an accurate and reliable forecasts has been offered for the perusal of readers. In addition, the report offers detailed insights on the macro-economic and specific factors impacting the growth of the market. According to the report, retail sales of home improvement and gardening supplies in Italy were sluggish on account of weak economic scenario. Consumer confidence was low and investments in home improvement and gardening equipment had also declined. However, in the last couple of years, there has been steady growth in the Italian economy, which has injected momentum in the market. The long-term outlook on the Italian economy is positive, and this is likely to rub off on the demand for home improvement and gardening supplies market.
Due to the nature of the home improvement and gardening supplies products, the landscape remains highly fragmented, with a majority of players accounting for miniscule or single-digit share of the market. With the exception of a few brands, home improvement and gardening supplies remains fiercely competitive marketplace, and price continues to be a differentiating factor. The fragmentation is likely to create challenges for players looking to make a foray in this market.
The report also offers insights on the growing sales of home improvement and gardening supplies through internet retailing. The advancement in technology and seamless displays in websites and apps has meant that many consumers are now comfortable in shopping for these products on an online medium. In addition to the traditional sources of sales, the rising adoption of online retailing is likely to create growth opportunities for manufacturers during the assessment period.
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