Home and garden specialist retailers continued to see a decline in value sales throughout the review period. Weak spending power remained the key factor behind lack of consumer interest in this channel.
Competitive Landscape
Test Rite Group further strengthened its leading position in 2015. The company’s strong promotion and marketing in previous years has ensured that its brand is almost synonymous with home improvement among Taiwanese consumers. The company operates two formats - its original large-store format TLW and the smaller TLW Plus. TLW has 26 outlets across Taiwan. There have been no new outlets since 2013. The physical size of stores has made it difficult to find locations in Taiwan.
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Industry Prospects
Sales in the home and garden specialist retailers channel are expected to continue to decline over the forecast period. The limited living space of many Taiwanese homes and greater amount of time spent away from the home are expected to further limit the appeal of home improvement and gardening stores. Homewares and home furnishing stores also face a possible competitive threat from internet retailing, which offers consumers a wider range of products to choose from.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Home and Garden Specialist Retailers industry in Taiwan with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Home and Garden Specialist Retailers industry in Taiwan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Home and Garden Specialist Retailers in Taiwan market research report includes:
* Analysis of key supply-side and demand trends
* Detailed market shares for international and locally-based retailers
* Historic number of stores, selling space and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* Who are the leading Home and Garden Specialist Retailers in Taiwan?
* How are Home and Garden Specialist Retailers competing in a multi-channel world?
* Is the internet killing off lHome and Garden Specialist Retailers?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
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Just Published: "Home and Garden Specialist Retailers in Taiwan"
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001