Home furnishings saw significant growth in the e-commerce channel in 2021 due to physical store closures during the lockdowns. While most businesses were unprepared for this in 2020 with no e-commerce stores or presence on online platforms (leading some to record zero sales during the first-year lockdown period), most home furnishing stores had ventured into the digital space by 2021, and growth continued into 2022.
Following the outbreak of COVID-19, the working-from-home trend is likely to have an enduring impact on working practices. The necessary technologies and routines have been tested and improved during the outbreak, and both companies and workers have come to appreciate the benefits of flexible home working.
According to the United Nations, a country is considered to be ageing if the number of individuals above 65 years old is above 7% of the total population. Malaysia’s Department of Statistics expects that the population above 65 years old will be 7.
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Understand the latest market trends and future growth opportunities for the Home Furnishings industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Furnishings industry in Malaysia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Furnishings
The furniture and other moveable articles in a home that are necessary or useful for comfort and convenience. Items must be new when sold to the consumer; second-hand/used home furnishings are excluded. Antiques are also excluded. Home furnishings refers to indoor living (home textiles, indoor furniture and window coverings), outdoor living (BBQ's, garden sheds and outdoor furniture) and lighting (lighting sources and light fixtures).
See All of Our DefinitionsThis report originates from Passport, our Home Furnishings research and analysis database.
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