Category: Furniture
Furniture market research reports by Euromonitor International
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Spain Home Furnishings
Home Furnishings in Spain Home furnishings in Spain witnessed slower growth in current value terms over 2023, with inflation and price increases underpinning much of this progress. Demand for home furnishings was affected by the rising price of furniture and raw materials, with supply chain disrupti ... Read More
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Germany Home Furnishings
Home Furnishings in Germany In 2023, home furnishings in Germany witnessed a significant contraction of value sales, driven by adverse macroeconomic conditions. The country’s GDP declined in 2023, and geopolitical tensions, such as the war in Ukraine, continued to fuel uncertainty in global markets. ... Read More
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South Africa Home Furnishings
Home Furnishings in South Africa Value sales of home furnishings in South Africa continued to rise in 2023. However, retailers have shifted to procuring more locally manufactured furniture following the high costs of shipping and supply chain delays. Local and global logistics challenges are driving ... Read More
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The US Home Furnishings
Home Furnishings in the US Home furnishings in the US turned to decline in current value terms in 2023, due to a stagnant real estate market and stretched disposable incomes. However, not all companies or categories saw a declining trend. The surge in direct-to-consumer (DTC) furniture brands levera ... Read More
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Hong Kong, China Home Furnishings
Home Furnishings in Hong Kong, China In 2023, value sales across much of home furnishings in Hong Kong recorded a further decline. The local market is becoming saturated with a variety of durable bath textiles, for instance, reducing the need for frequent replacements. Economic challenges have led c ... Read More
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Argentina Home Furnishings
Home Furnishings in Argentina Home furnishings saw strong sales in Argentina in 2023, driven by the ongoing emphasis consumers have been placing on their home surroundings since the era of the pandemic. Bath textiles is one strong subcategory of note, driven by the expansion of the real estate indus ... Read More
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China Home Furnishings
Home Furnishings in China After seeing a notable decline in 2022, home furnishings in China experienced minimal growth in current value terms in 2023. This limited rebound was primarily due to economic uncertainties, including fluctuations in the housing market and changes in consumer spending patte ... Read More
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France Home Furnishings
Home Furnishings in France In 2023, the home furnishings category in France experienced declining value sales as consumers reigned in expenditure in the face of high inflation and a sluggish housing market. Indoor furniture, such as window coverings, was particularly impacted as mid-income consumers ... Read More
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The United Kingdo Home Furnishings
Home Furnishings in the United Kingdom For decades, barbecues have been a cornerstone of summertime in the UK, offering a convivial and flavourful way to enjoy meals outdoors. However, recent years have witnessed a significant surge in their popularity, driven by several factors. Firstly, advancemen ... Read More
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Canada Home Furnishings
Home Furnishings in Canada Home furnishings in Canada faced challenges in 2023, witnessing declines in both current and constant value terms. This contraction was driven by several factors, including persistent inflation and a slowdown in new constructions impacting furniture demand. The surge in ho ... Read More
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The United Arab Emirates Home Furnishings
Home Furnishings in the United Arab Emirates Sales of home furnishings in the United Arab Emirates continued to rise in 2023, supported by the property market, which has experienced robust rebound following the slowdown caused by the pandemic. Demand has been buoyed by government initiatives such as ... Read More
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Brazil Home Furnishings
Brazil Home Furnishings In 2023, bedroom furniture in Brazil recorded a marginal value sales decline, driven by various factors. Deflation in raw material costs, primarily driven by a fall in volume sales and industry-wide operating reductions, led to abundant inventories and diminished sales. Despi ... Read More
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Furniture Global Industry Overview
Furniture Global Industry Overview The briefing examines how the furniture industry is performing globally and in the largest countries in terms of furniture output. The report also provides data for production, market size, imports, exports, industry costs, industry profitability and number of comp ... Read More
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World Market for Home Improvement and Gardening
World Market for Home Improvement and Gardening The cost-of-living crisis harmed big-ticket and larger renovations, ending the home improvement boom and resetting demand. DIY activity fell below 2019 levels, whilst gardening retained demand due to the grow-your-own food trend and bringing more natur ... Read More
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World Market for Homewares and Home Furnishings
World Market for Homewares and Home Furnishings Demand was saturated during the pandemic-induced boom. Big ticket purchases are now suppressed by a cost-of-living crisis. Not having a fully realised omnichannel strategy created vulnerabilities; new small store openings are part of a correction, as i ... Read More
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Home Furnishings in Mexico
Home Furnishings in Mexico Although charcoal barbecues recorded a slight decline (at constant 2022 prices) in 2022, demand remained strong for these products, with value sales (at constant 2022 prices) remaining above their pre-pandemic levels in this year, thanks to seeing positive growth in the tw ... Read More
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Home Furnishings in Italy
Home Furnishings in Italy In contrast to gardening, home furnishings saw decline in demand during the COVID-19 crisis, with an upturn in its performance as pandemic related restrictions were withdrawn. The category continued to grow in 2022, however sales remained below the level seen before the out ... Read More
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Home Furnishings in South Africa
Home Furnishings in South Africa In 2022, the demand for mattresses in South Africa rose in current value terms and in value terms at constant 2022 prices, and also exceeded the pre-pandemic levels by both measures, with the category experiencing a surge in popularity. This was largely due to COVID- ... Read More
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Home Furnishings in Canada
Home Furnishings in Canada The multifunctional home furniture trend in Canada is driven by the rise of urban, small-space living, and a desire for practicality and efficiency in home furnishings. Consumers are increasingly looking for furniture that can serve multiple purposes, such as a sofa that c ... Read More
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Home Furnishings in China
Home Furnishings in China The pandemic led to an economic downturn in China, with GDP growth slowing and job losses increasing. This led to a reduction in consumer spending, especially on perceived non-essential items such as home furnishings. Moreover, during the pandemic, many physical retailers w ... Read More
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Home Furnishings in the United Arab Emirates
Home Furnishings in the United Arab Emirates When compared with the pre-pandemic period (2019), blinds had higher sales in 2022 in both current value terms and in value terms at constant 2022 prices. During the pandemic, many people in the United Arab Emirates spent more time at home, hence blinds b ... Read More
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Home Furnishings in India
Home Furnishings in India Home furnishings in India witnessed an increase in current value sales in 2022, partly to rises in inflation and subsequent price increases. Consumers spent on home furnishings to upgrade their homes due to the economic climate. However, while demand for compact fluorescent ... Read More
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Home Furnishings in Brazil
Home Furnishings in Brazil Although inflation and rising prices drove home furnishings in Brazil to see growth in current value terms in 2022, sales declined in value terms at constant 2022 prices, and sales remained lower than the pre-pandemic level by this measure. However, in 2022 certain home fu ... Read More
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Home Furnishings in France
Home Furnishings in France In 2022, France witnessed high inflation, which was mainly attributed to the hike in energy and commodity prices. Consequently, local consumers sought ways to reduce their expenses and turned to more affordable options, including light-emitting diode (LED) lamps. LED lamps ... Read More
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Income and Expenditure in Western Europe
Income and Expenditure in Western Europe Over the near term, mounting inflationary pressure is set to limit purchasing power of the European population and curb discretionary spending growth. In the long term, however, consumer incomes are set to expand, remaining the third largest globally, due to ... Read More
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