Home Furnishings

Home furnishings continued to record strong current value growth in Germany in 2021, driven by continued social distancing measures, which encouraged consumers to focus more on enhancing their inner spaces. With children also studying from home on a…

Home furnishings saw a boost in sales in 20202, as a result of consumers in lockdown looking to invest in the domestic space. The easing of many restrictions on travel, socialization and other out-of-home activities has weakened this this trend, but…

The stringent lockdown of 2020 disrupted production, distribution, and employment levels, leading to economic uncertainty in India. This resulted in a sharp decline in sales of home furnishings. However, in 2021, with the vaccination rollout for…

2020 was a year of confusion. The “Kanji of the Year”, held every year by a public interest incorporated foundation, The Japan Kanji Aptitude Testing Foundation, announced that the Kanji of 2020 was “Mitsu”, which means crowded and confined. A huge…

In 2020, retail current value sales in home furnishings plunged by almost 10% as retailers were forced to close their stores during the lockdown and consumers put off expensive purchases due to high economic instability. This led some smaller…

After seeing declining sales in 2020 due to COVID-19, in 2021, with growing purchasing power as a result of improved economic conditions, Indonesians were better able to afford non-necessities, including home furnishings. Growth was seen across most…

The emergence of the pandemic slowed the pace of life in Singapore as social activities were curtailed or scaled down and many Singaporeans transitioned to working and studying from home where possible. This has allowed many to take a step back from…

In 2021, Canadian consumers worked from home even more than they did in 2020, with more than one half of consumers declaring they were working from home weekly or at least for part of the week, according to Euromonitor International’s 2021 Voice of…

Sales of home furnishings recovered to pre-pandemic levels in 2021 due to high single-digit current value growth following a gloomy year hampered by the pandemic. Part of the demand for home furnishings postponed from 2020 was released in 2021, with…

Home furnishings have been impacted by the rising costs of raw materials in Turkey. Although the category has seen positive growth in constant terns, unit sales have slowed as consumers defer big ticket purchases thanks to price growth; inflation is…

The boom in home improvements unleashed by the COVID-19 pandemic also led to a boom in associated home furnishings. Whilst furniture in general experienced a significant uptick in growth in 2020, before slightly plateauing in 2021, those items of…

Home furnishings continued to perform well in 2021, recording higher current value growth compared to the previous year. Overall, the category presented high single-digit growth, while results were widely affected by cost increases due to supply…

The increased amount of time that consumers spent at home during the COVID-19 crisis served to raise awareness of their domestic environments and encourage them to look to enhance the aesthetic appeal and comfort of their homes. This home-centredness…

Having slowed during 2020 due to a combination of disruption arising from COVID-19 and the economic shock that it engendered, the rate of growth in retail constant value sales of home furnishings recovered somewhat in 2021. Many of the trends that…

Home furnishing is set see exponential growth in current terms in 2021; however, this is being driven by inflation, and value sales in real terms are in fact set to contract. However, prior to the pandemic, sales fell by high double figure growth…

Despite Taiwan experiencing a rise in COVID-19 cases in early 2021, leading to the introduction of a semi-lockdown period from May to late August across the country, real estate showed surprisingly strong dynamics over the year. This was partly…

In general, home furnishings was negatively impacted by the effects of the Coronavirus (COVID-19) crisis, although there were some bright spots, such as mattresses, outdoor furniture, light-emitting diode lamps (LED) and barbecues. With home…

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…

Home Furnishings is set to see a strong recovery in value sales in 2021 after the negative impact of store closures in 2020. The dominant category, indoor furnishings is set to see the best performance in 2021, driven by mainly kitchen furniture and…

Home furnishings in Sweden experienced further current value growth in 2021, building on the boost the category received following the emergence of the pandemic in 2020. In general, the pandemic has had a positive effect on sales of home furnishings…