In 2022, Thailand witnessed high inflation, which was mainly attributed to the hike in energy and commodity prices following Russia's invasion of Ukraine early on in the year. Consequently, Thai consumers sought ways to reduce their expenses and turned to more affordable options, including switching to Light-Emitting Diode lamps (LED). Apart from the cost-effectiveness of these products, the higher efficiency provided by LED added to the increased rate of adoption amongst consumers.
Euromonitor International's Home Furnishings in Thailand 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
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 Thailand
Euromonitor International
June 2023
List Of Contents And Tables
HOME FURNISHINGS IN THAILAND
KEY DATA FINDINGS
2022 DEVELOPMENTS
LED lamps sees dynamic growth in 2022 as layered lighting becomes popular
New product developments in mattresses promotes healthy demand
Multi-functional furniture witnesses increased demand in 2022
PROSPECTS AND OPPORTUNITIES
Eco-friendly home furnishings set to gain popularity
Search for cost savings could boost demand for rented furniture
E-commerce set for further gains while IKEA is set to benefit from opening of new store in central Bangkok
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 THAILAND
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