Boston, MA -- (SBWIRE) -- 08/18/2014 -- According to the local chamber of medium enterprise, sales across consumer markets contracted by 2% in volume terms during 2013. In a context of high inflation outpacing nominal salary increases, purchasing power severely impacted disposable income, with Argentinians spending more time cooking and at home, with demand in restaurants and bars falling near 10% in value sales according to trade press. This trend helped sales of homewares.

Competitive Landscape

Rigolleau continued to lead in homeware products in Argentina with a 34% share of value sales in 2013. The company is the undisputed leader in the production of homewares products in glass. In beverageware the company was the clear leader with a retail value share of 91% in 2013. The company also constantly invests in increasing its production capacity and in meeting demand for new models and designs. In 2011 it inaugurated a new production line principally for the production of beverageware.

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Industry Prospects

Homewares is expected to post a 1% CAGR in value sales at constant 2013 prices over the forecast period, to reach ARS2.5 billion in 2018. Homewares products have the characteristic of being non-elastic within the national economic context. This advantage will favour homewares sales in the forecast period, whereas the GDP growth outlook will be almost half that of the review period.

Homewares Market Research Analyse key trends and developments in Argentina for all product categories, competitors and channels.

Evaluate the market position and financial performance of the leading national and international market players.

Product coverage: Dining, Kitchen.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

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