Home Furnishings in Malaysia

Home Furnishings in Malaysia

Home furnishings witnessed a marked decline in sales in both 2020 and 2021 with all categories except home office furniture and storage furniture seeing negative growth. This can be largely attributed to the fact that COVID-19 restrictions led to the postponement of renovation projects and moving home. Consumers’ willingness to invest in significant projects was also undermined by the uncertain economic outlook that resulted from the efforts to contain the pandemic. In addition, lockdown was ong...

Euromonitor International's Home Furnishings in Malaysia report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2026 illustrate how market demand is expected to evolve in the medium-term


Product coverage: Indoor Living, Lighting, Outdoor Living.

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

Why buy this report?
* Get a detailed picture of the Home Furnishings market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.


Home Furnishings in Malaysia
Euromonitor International
June 2022
List Of Contents And Tables
HOME FURNISHINGS IN MALAYSIA
KEY DATA FINDINGS
2021 DEVELOPMENTS
Sales hit by project postponements and festival lockdown with home office and storage furniture being the only categories to benefit
Mattress rental and cleaning services continue to develop thanks to increased hygiene-consciousness
Ikano Corp extends lead thanks to wide range and affordable prices
PROSPECTS AND OPPORTUNITIES
Permanent working from home shift is expected to influence further home furnishings demand
Economic consequences of pandemic to undermine demand
As e-commerce continues to rise in popularity, a multi-channel approach is likely to be key to success
CATEGORY DATA
Table 1 Sales of Home Furnishings by Category: Value 2016-2021
Table 2 Sales of Home Furnishings by Category: % Value Growth 2016-2021
Table 3 NBO Company Shares of Home Furnishings: % Value 2017-2021
Table 4 LBN Brand Shares of Home Furnishings: % Value 2018-2021
Table 5 LBN Brand Shares of Light Sources: % Value 2018-2021
Table 6 Distribution of Home Furnishings by Format: % Value 2016-2021
Table 7 Forecast Sales of Home Furnishings by Category: Value 2021-2026
Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2021-2026
HOME AND GARDEN IN MALAYSIA
EXECUTIVE SUMMARY
Home and garden in 2021: The big picture
2021 key trends
Competitive landscape
Retailing developments
What next for home and garden?
MARKET DATA
Table 9 Sales of Home and Garden by Category: Value 2016-2021
Table 10 Sales of Home and Garden by Category: % Value Growth 2016-2021
Table 11 NBO Company Shares of Home and Garden: % Value 2017-2021
Table 12 LBN Brand Shares of Home and Garden: % Value 2018-2021
Table 13 Distribution of Home and Garden by Format: % Value 2016-2021
Table 14 Distribution of Home and Garden by Format and Category: % Value 2021
Table 15 Forecast Sales of Home and Garden by Category: Value 2021-2026
Table 16 Forecast Sales of Home and Garden by Category: % Value Growth 2021-2026
DISCLAIMER
SOURCES
Summary 1 Research Sources

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