Category: Home Centers & Hardware Stores
Home Centers & Hardware Stores market research reports by Euromonitor International
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Home Products Specialists in Romania
Home Products Specialists in Romania In 2023, home product specialists in Romania showcased positive growth driven by home improvement and gardening stores. Consumers in Romania have showcased a rising interest in DIY and gardening, which began during home seclusion and the outbreak of COVID-19. Hav ... Read More
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Home Products Specialists in Turkey
Home Products Specialists in Turkey With inflation still being very high, overall home improvements registered a fall in constant value sales in Turkey in 2023, as consumers cut back on spending, due to reduced purchasing power. There were also no opening of outlets. Homewares and home furnishings f ... Read More
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Egypt Home Products Specialists
Home Products Specialists in Egypt The entry of a new player has added dynamism to home products specialists in Egypt. The home-grown brand Nordica aims to deliver a unique identity in the market by bringing Scandinavian comfort to the Egyptian furniture scene. The mission is to introduce modern fur ... Read More
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Home Products Specialists in Belgium
Home Products Specialists in Belgium Home products specialists in Belgium saw a stagnant performance in current value terms in 2023. This was mainly due to inflationary pressures, which placed a strain on household budgets. With consumers remaining nervous about the economy, this translated into a s ... Read More
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Home Products Specialists in Colombia
Home Products Specialists in Colombia In 2023, sales of home products specialists in Colombia were impacted by declines experienced by leading home improvement and gardening brands, including Homecenter and Easy, as consumers with limited budgets due to the economic environment prioritised essential ... Read More
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Home Products Specialists in the Netherlands
Home Products Specialists in the Netherlands Home products specialists are focusing more on sustainability. This is a reaction to consumers becoming increasingly demanding and wanting to reduce their carbon footprint. Consumers are becoming more aware of the wider impact of their purchasing decision ... Read More
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Home Products Specialists in Peru
Home Products Specialists in Peru Home products specialists in Peru reported moderate value growth in 2023. Although consumers are still interested in improving their homes and are buying home-related products, high inflation has pushed up unit prices and shoppers are having to paying more for these ... Read More
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Home Products Specialists in Portugal
Home Products Specialists in Portugal Following strong retail value growth in 2022, home products specialists in Portugal continued to grow in 2023. The Portuguese continued to look for solutions to improve their homes, looking at DIY and decoration options, while pet shops, superstores, home improv ... Read More
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Home Products Specialists in Switzerland
Home Products Specialists in Switzerland After enjoying growth during the pandemic, home products specialists recorded a decline in current value sales in 2023 as Swiss consumers returned to pre-pandemic activity and purchasing behaviour. This was to be somewhat expected in a mature and consolidated ... Read More
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Home Products Specialists in Egypt
Home Products Specialists in Egypt The entry of a new player has added dynamism to home products specialists in Egypt. The home-grown brand Nordica aims to deliver a unique identity in the market by bringing Scandinavian comfort to the Egyptian furniture scene. The mission is to introduce modern fur ... Read More
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Home Products Specialists in Hungary
Home Products Specialists in Hungary Home products specialists faced inflationary challenges in Hungary in 2023, with the double-digit inflation hikes continuing (and even increasing from) the previous year. Moreso, Hungary is reported to be experiencing one of the highest sets of hikes across Europ ... Read More
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Appliances and Electronics Specialists in Hungary
Appliances and Electronics Specialists in Hungary Inflationary pressures supported value sales for appliances and electronics specialists in Hungary in 2023, due to the resulting increases in unit prices. Indeed, retailers and manufacturers alike have been facing increased operational costs, rising ... Read More
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Home Products Specialists in Slovakia
Home Products Specialists in Slovakia Home product specialists were the worst performing retail channel in Slovakia in 2023. With inflation still high, consumers put off home renovation projects and also cut down on spend on homewares and home furnishings. As such, home products register a significa ... Read More
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Home Products Specialists in Norway
Home Products Specialists in Norway After dynamic growth during the pandemic, home improvement and gardening stores and homeware and home furnishings stores have struggled in 2023. Following increases in shipping costs and electricity alongside large inventories, the channels have struggled to keep ... Read More
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Home Products Specialists in Thailand
Home Products Specialists in Thailand Home products specialists in Thailand saw significant expansion in 2023 as big brands continued to roll out new stores, especially upcountry, and to tailor their business models to cater to local demand. Over the review period consumers showed rising preference ... Read More
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Home Products Specialists in Singapore
Home Products Specialists in Singapore Despite recording a marginal decline in 2023 as demand started to stabilise following the surge during the pandemic and subsequent seclusion, value sales of homewares and home furnishing stores in Singapore remained above 2019 levels. Retail giant IKEA (Ikano P ... Read More
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Home Products Specialists in Spain
Home Products Specialists in Spain Russia's invasion of Ukraine had a huge impact on global energy prices, with the impact continuing to be felt in Spain in 2023. High energy prices coupled with high inflation and a sharp rise in the cost of living pushed more Spaniards to look into ways to save ene ... Read More
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Home Products Specialists in Vietnam
Home Products Specialists in Vietnam Home products specialists in Vietnam turned in a positive performance in 2023, with current value sales growth rising, though at a slower rate than was recorded in 2022 when the channel rebounded post-pandemic. Continued work-from-home trends have contributed to ... Read More
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Home Products Specialists in Argentina
Home Products Specialists in Argentina Home products specialists in Argentina derived some positive effects from the very high inflation and currency exchange rate devaluation in the country in 2023. This was because Argentinian consumers found a number of opportunities to offset the decline in thei ... Read More
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Home Products Specialists in Bulgaria
Home Products Specialists in Bulgaria Home products specialists in Bulgaria registered current value growth in 2023, though constant value sales fell. Inflation was still an issue and impacted profitability. That being said, it was homewares and home furnishing stores that dragged down the overall p ... Read More
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Home Products Specialists in Canada
Home Products Specialists in Canada Canadian Tire, the second largest player in the home products specialists channel in Canada in 2023, behind Home Depot, launched several initiatives towards the end of the review period. Triangle Select is a new annual fee-based subscription programme that is an e ... Read More
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Home Products Specialists in Malaysia
Home Products Specialists in Malaysia Mr DIY continued to expand aggressively in Malaysia in 2023, cementing its lead in a highly fragmented competitive landscape. The success of Mr DIY mainly lies in its ability to provide a large variety of good-value products under one roof, thereby providing a c ... Read More
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Home Products Specialists in Austria
Home Products Specialists in Austria Consumer restraint affected the entire retail sector in 2023, but it was particularly pronounced in home products specialists. Consumers had already invested heavily in their homes during the pandemic, when they were spending much more time at home. A resulting h ... Read More
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Home Products Specialists in Nigeria
Home Products Specialists in Nigeria The high inflation rate in 2023 significantly contributed to the growth of home products specialists in Nigeria. The Federal Government's support for mortgage loans, particularly the increase in loan limits from fifteen million to fifty million naira, played a cr ... Read More
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Home Products Specialists in the Czech Republic
Home Products Specialists in the Czech Republic After a spike in current value growth in 2022, home products specialists in the Czech Republic saw a noticeable drop in demand for homewares and furniture in 2023. Demand weakened organically following the significant increases seen in 2022, when the s ... Read More
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