Home Furnishings

Home furnishings witnessed a marked decline in sales in 2020, with all categories except home office furniture and storage furniture seeing negative growth. This was largely attributed to the fact that COVID-19 restrictions led to the postponement of…

In 2022, France witnessed high inflation, which was mainly attributed to the hike in energy and commodity prices. Consequently, local consumers sought ways to reduce their expenses and turned to more affordable options, including light-emitting diode…

The home furnishings category in Switzerland experienced a decline in value sales in 2022 compared to pre-pandemic levels. This decline was due to the rise in inflation and recession, which led to a decrease in consumer spending. Moreover, intense…

In 2022, lighting was the fastest growing category within home furnishings in Spain, driven by further demand for light-emitting diode lamps (LED). LED lamps have been growing dynamically for a number of years due to their energy-saving credentials.…

In 2022’s economic climate, which was fuelled by the cost-of-living crisis and the rise in prices for commodities, including energy, Swedish consumers increasingly searched for options that helped reduce costs. This compounded the declines already…

The multifunctional home furniture trend in Canada is driven by the rise of urban, small-space living, and a desire for practicality and efficiency in home furnishings. Consumers are increasingly looking for furniture that can serve multiple…

The pandemic led to an economic downturn in China, with GDP growth slowing and job losses increasing. This led to a reduction in consumer spending, especially on perceived non-essential items such as home furnishings. Moreover, during the pandemic,…

Extremely high inflation rates in Turkey in 2022 drove high current value growth in home furnishings in the country, but also caused a significant contraction in value demand at constant 2022 prices, as consumers were forced to decrease the amount in…

During the pandemic, Australians took greater interest in improving the liveability of their homes by making them more aesthetically pleasing and comfortable. This positively impacted sales of home furnishings over 2020-2021, and positive attitudes…

Although inflation and rising prices drove home furnishings in Brazil to see growth in current value terms in 2022, sales declined in value terms at constant 2022 prices, and sales remained lower than the pre-pandemic level by this measure. However,…

Although charcoal barbecues recorded a slight decline (at constant 2022 prices) in 2022, demand remained strong for these products, with value sales (at constant 2022 prices) remaining above their pre-pandemic levels in this year, thanks to seeing…

Retail sales of home furnishing were much lower in 2022 compared with pre-pandemic levels (in constant 2022 prices). This can be attributed to Poland's larger macroeconomic scenario, with high inflationary pressures negatively impacting consumers'…

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…

After sales of drugs dropped substantially at the peak of the COVID-19 pandemic during 2020, the category has registered a very strong rebound in sales, with the very strong sales performance recorded in the category during 2021 continuing into 2022,…

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…

Home furnishings declined in both current value terms and in value terms at constant 2022 prices in 2022. In addition, sales were lower by both measures in 2022 compared with before the pandemic started, in 2019. After the pandemic hit, Japanese…

While home furnishing registered current value growth, constant value sales fell. Double-digit inflation, caused by the energy crisis stemming from the war in Ukraine, dampened constant value sales. One particular factor leading to steep price rises…

Home furnishings in India witnessed an increase in current value sales in 2022, partly to rises in inflation and subsequent price increases. Consumers spent on home furnishings to upgrade their homes due to the economic climate. However, while demand…

Home furnishings recorded a strong rebound in 2022, following the declining sales this category registered a year earlier. Consumers had been focusing on essential items in 2021, rather than home furnishing products such as indoor furniture, dining…

The increased incidence of remote/hybrid working that has resulted from the pandemic continued to bolster demand for home office furniture in Argentina in 2022. Remote working practices were widely adopted in early 2020 as part of the national effort…