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Home Industry Brief

Myntra’s Home Category records a 50% YoY growth, and scales offerings by 50,000 new products, ahead of the festive season

by MN4U Bureau
September 23, 2023
in Industry Brief
Reading Time: 2 mins read
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Myntra's Home Category records a 50% YoY growth, and scales offerings by 50,000 new products, ahead of the festive season
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Ahead of the highly anticipated Big Fashion Festival, Myntra’s marquee annual festive shopping bonanza, Myntra has strengthened its exquisite collection in the Home category by adding 50,000 new stylish products and over 20 new brands in the last quarter. Popular segments in Myntra’s Home portfolio include fine and elegant Home Furnishing, Trendy Art & Decor pieces, Lamps & Lighting, Kitchen & Dining, Bath, and Bed Linen and Appliances. With the category recording 50% YoY growth in demand, Myntra is betting big on the selection from the coveted home brands to woo customers this festive season.

The festive season is the most opportune time for people to do their homes as well as upgrade their kitchen with appliances, cookware and dinnerware. With over 750 brands and more than 2 lakh aesthetically pleasing and trend-first styles across the home category on Myntra, customers will have a plethora of choices to elevate the look of their homes. Home furnishing, which constitutes half of the overall home category, comprising bedsheets, curtains and cushion covers among others, is the leading segment of Myntra’s home portfolio. Some of the popular brands that are helping create beautiful homes for Myntra customers include Bombay Dyeing, Spaces, D’Decor, H&M Home, Starbucks, Anko, Philips, JC Collection, and Ellementary. The most trending products of the category that have been in high demand include bedsheets, curtains, show pieces, bed and pillow covers, cookware, kitchen storage, dinnerware as well small home appliances.

The rise in time spent by individuals at home has instilled practices of aesthetics, resulting in consumers investing more in their home furnishings and decor. Among other factors, the uptick in fashion sensitivity toward household furnishings has also notably increased with hybrid work and work-from-home becoming norms, further fuelling the consumer dynamics of the category.

In view of the rising demand for the category, Myntra is also revamping its in-app experience for the segment, with updated premium images that highlight the look and feel of the products and help customers make more informed decisions. The category’s makeover has already seen the introduction of a home icon in the top bar navigation, with plans in the pipeline to incorporate more colors and design features that will showcase how rooms will look with the products in it. Additionally, leveraging its tech prowess, Myntra is also working on implementing features that will help shoppers reimagine how their homes would look with its unparalleled selection.

Sharon Pais
Sharon Pais

Speaking about the category’s expansion ahead of the festive season, Sharon Pais, Chief Business Office, Myntra said, “Just like fashion, home decor, in every aspect, allows individuals to express their personal taste and is integral to one’s lifestyle. As a leading fashion, beauty and lifestyle e-commerce platform, we are seeing a steady rise in demand for stylish and unique home products and with home decor taking center stage during the festive season in India we have strengthened the selection to cater to the home demands of our fashion-forward customers.”

Feedback: [email protected]

(This information is published from a press release.)

Tags: MyntraSharon Pais

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