Home Furnishings in Singapore
In 2022, as pandemic-related restrictions eased, local consumers were starting to spend less time at home. This was the primary reason for the notable slowdown in value sales growth of home furnishings compared to 2021. In addition, there were rising prices of raw materials, labour, and transportation due to unstable global economies and the war in Ukraine, impacting supply chains. Hence, consumers postponed big-ticket purchases such as indoor furniture until they felt more confident to make maj...
Euromonitor International's Home Furnishings in Singapore 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 2027 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 Singapore
- Euromonitor International
- May 2023
- List Of Contents And Tables
- HOME FURNISHINGS IN SINGAPORE
- KEY DATA FINDINGS
- 2022 DEVELOPMENTS
- Sales growth of home furnishings notably slows in line with greater mobility in 2022
- Rightsizing is preferred over downsizing
- E-commerce continues to gain share in 2022
- PROSPECTS AND OPPORTUNITIES
- Outdoor living to grow as Singaporeans choose to entertain more at home
- Multipurpose furniture to become increasingly popular in Singapore
- Sustainability set to become the norm
- CATEGORY DATA
- Table 1 Sales of Home Furnishings by Category: Value 2017-2022
- Table 2 Sales of Home Furnishings by Category: % Value Growth 2017-2022
- Table 3 NBO Company Shares of Home Furnishings: % Value 2018-2022
- Table 4 LBN Brand Shares of Home Furnishings: % Value 2019-2022
- Table 5 LBN Brand Shares of Light Sources: % Value 2019-2022
- Table 6 Distribution of Home Furnishings by Format: % Value 2017-2022
- Table 7 Forecast Sales of Home Furnishings by Category: Value 2022-2027
- Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2022-2027
- HOME AND GARDEN IN SINGAPORE
- EXECUTIVE SUMMARY
- Home and garden in 2022: The big picture
- 2022 key trends
- Competitive landscape
- Retailing developments
- What next for home and garden?
- MARKET DATA
- Table 9 Sales of Home and Garden by Category: Value 2017-2022
- Table 10 Sales of Home and Garden by Category: % Value Growth 2017-2022
- Table 11 NBO Company Shares of Home and Garden: % Value 2018-2022
- Table 12 LBN Brand Shares of Home and Garden: % Value 2019-2022
- Table 13 Distribution of Home and Garden by Format: % Value 2017-2022
- Table 14 Distribution of Home and Garden by Format and Category: % Value 2022
- Table 15 Forecast Sales of Home and Garden by Category: Value 2022-2027
- Table 16 Forecast Sales of Home and Garden by Category: % Value Growth 2022-2027
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Research Assistance
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