Category: Housewares
Housewares market research reports by Euromonitor International
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Thailand Home Improvement
Home Improvement in Thailand The home improvement market in Thailand saw relatively slower growth in current value terms in 2023, when compared the previous year. As discretionary spending shifted to outside the home, in line with the return to busier, pre-pandemic lifestyles, there was a decline in ... Read More
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Mexico Homewares
Homewares in Mexico The Mexican homewares market continued to see current value growth in 2023, driven by two primary factors. Firstly, as work-from-home and hybrid work models persisted in the year, consumers maintained an interest in home cooking and refreshed their homewares to do so. Indeed, eve ... Read More
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Spain Homewares
Homewares in Spain Homewares in Spain witnessed robust value growth during the pandemic years as lockdowns and home isolation fostered a widespread interest in home cooking. In 2023, however, without any restrictions on mobility, Spanish consumers returned to their typical habits of eating outside o ... Read More
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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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Spain Home Improvement
Home Improvement in Spain Home improvement in Spain witnessed a significant slowdown in performance, with current value sales falling into decline in 2023. The slump in domestic home renovations was aligned with the contraction in real estate and construction in Spain, both of which stimulate demand ... Read More
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Mexico Home Improvement
Home Improvement in Mexico Mexico’s home improvement market saw substantial current value growth in 2023 as consumers retained an interest in undertaking home renovation tasks. The growing housing and construction markets as well as record low unemployment and real wage growth drove consumers to con ... Read More
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Germany Home Improvement
Home Improvement in Germany In 2023, value sales of home improvement in Germany witnessed a decline, in line with the contraction in new home construction projects and persistently high lending rates along with elevated raw material costs in the building trade, driving a slowdown in renovation proje ... 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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Germany Homewares
Homewares in Germany In 2023, homewares in Germany only witnessed marginal current value sales growth. However, this was largely driven by inflation and price increases. Slowing demand was driven by high consumer price inflation and poor economic growth in the country, as price pressures kept consum ... Read More
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South Africa Home Improvement
Home Improvement in South Africa In 2023, value sales growth of home improvement in South Africa remained fairly flat, but some local consumers continued to be invest in their kitchens and bathrooms. Bathroom and kitchen renovations are some of the most popular as these are most likely to increase t ... 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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South Africa Homewares
Homewares in South Africa In 2023, sustainability remained a key focus for consumers in South Africa, leading to growing demand for homewares such as kitchen utensils and other items made from eco-friendly materials. Products such as bamboo utensils and reusable silicone food storage bags have gaine ... Read More
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The US Homewares
Homewares in the US In 2023, homewares in the US witnessed a marginal downturn in current value terms, primarily due to pandemic-driven purchases saturating the market, and a prolonged replacement cycle. Compounded by the economic challenges of 2023, consumer spending on items such as homewares, whi ... 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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The US Home Improvement
Home Improvement in the US In 2023, home improvement in the US experienced a current value decline, due to a combination of factors. As a result of economic uncertainty, investment in housing remaining subdued, and consumer spending was constrained, which led to reduced expenditure on big-ticket ite ... Read More
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Argentina Home Improvement
Home Improvement in Argentina Sales in home improvement in Argentina in 2023 continued to be driven by cross-category trends focused on enhancing living spaces. The era of the pandemic lockdowns led many consumers to focus investments on their homes and gardens, with a strong emphasis on home improv ... Read More
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Hong Kong, China Home Improvement
Home Improvement in Hong Kong, China Value sales of carpets in Hong Kong grew in 2023, primarily due to the evolving preferences of homeowners towards enhancing interior aesthetics and comfort. As many local citizens continue to spend significant time at home, even post-pandemic, there has been a he ... Read More
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Hong Kong, China Homewares
Homewares in Hong Kong, China Value sales of homewares in Hong Kong experienced further decline in 2023 despite remaining above pre-pandemic levels. Nevertheless, economic uncertainty due to the ongoing war in Ukraine and the lingering impact of the pandemic led to cautious consumer spending behavio ... Read More
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Argentina Homewares
Homewares in Argentina Strong sales in homewares in Argentina in 2023 were supported by consumers’ ongoing demand for aesthetic designs in dining. This, in turn, has resulted in robust growth for beverageware, for example, in line with the trend for elegant kitchens. Moreso, this is further supporte ... Read More
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France Home Improvement
Home Improvement in France In 2023, the surge in growth of other home improvement products in France, such as ladders, step stools, workbenches, toolboxes, and tool belts, can be attributed to several factors. Firstly, the high costs of professional services, exacerbated by inflationary pressures, p ... 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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China Home Improvement
Home Improvement in China In 2023, home improvement in China experienced a slow current value increase, primarily owing to a resurgence in demand after a sluggish year in 2022. This was mainly because of the boom in real estate in China, and the renewed interest in home improvement projects as indiv ... Read More
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France Homewares
Homewares in France Homewares in France experienced a slowdown in current value growth amid weaker consumer demand, primarily due to the previous stockpiling of such goods during the pandemic years. This accumulation of inventory limited the sales potential in 2023, at least in volume terms. Despite ... Read More
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China Homewares
Homewares in China After seeing a decline in 2022, homewares in China experienced a rebound to slight growth in current value terms in 2023. Value sales of beverageware experienced a notable upswing in this year. In addition to being a rebound from 2022, growth was also due to a shift in consumer be ... Read More
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Canada Homewares
Homewares in Canada Homewares in Canada faced challenges in 2023, witnessing a decline in value sales due to supply chain disruptions and inflationary pressures. Global events, such as Russia's invasion of Ukraine and ongoing COVID-19 restrictions in China, led to stock issues and higher prices for ... Read More
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