The cost of entertainment in Singapore is continually rising due to inflationary pressures. This is expected to encourage local consumers to entertain themselves and others within their homes, helping them to significantly reduce costs.
As space is at a premium in most homes in Singapore, consumers need to make the most of the limited space they have. Hence, multipurpose furniture is presented as an ideal solution to this issue.
Sustainability is increasingly important for home furnishings in Singapore. As a small and densely populated island, Singapore faces a variety of environmental challenges, including limited land resources and high levels of waste generation.
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Understand the latest market trends and future growth opportunities for the Home Furnishings industry in Singapore 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 Singapore, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 Definitions
This report originates from Passport, our Home Furnishings research and analysis database.
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