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The shower curtain retail market share is expected to increase by USD 1.11 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 7.65%.
This shower curtain retail market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers shower curtain retail market segmentation by distribution channel (offline and online) and geography (Europe, North America, APAC, South America, and MEA). The shower curtain retail market report also offers information on several market vendors, including 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. among others.
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The wide product assortment is notably driving the shower curtain retail market growth, although factors such as rising competition, increasing price wars, and reducing profit margins may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the shower curtain retail industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Shower Curtain Retail Market Driver
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.
Key Shower Curtain Retail Market Challenge
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.
This shower curtain retail market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the shower curtain retail market encompasses successful business strategies deployed by the key vendors. The shower curtain retail market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The shower curtain retail market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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