Home Products Specialists

Pet shops and superstores registered a double-digit increase in current value sales in 2022, although this growth is explained mainly by the high rate of inflation seen during the year. Despite this, according to industry sources, volume sales are…

Though home products specialists registered current value growth, constant value sales fell. Inflation spiralled in 2022, largely caused by the energy crisis stemming from the war in Ukraine, as well as global shortages of key products. On top of…

The COVID-19 pandemic had a negative impact on home products specialists during 2021. Many retailers were significantly impacted by COVID-19 lockdowns in sourcing countries, most notably Vietnam and China, where government mandated restrictions…

Home product specialists were one of the more mildly affected sectors during COVID-19, with home seclusion leading consumers to invest in making their homes more comfortable and enjoyable. The DIY trend is familiar in Turkey, with more consumers…

Rising inflation has pushed up retail prices in 2022, resulting in a surge in current value sales. However, there was still some growth in constant value terms, as consumers were keen to make home improvements following the pandemic. The number of…

Homewares and home furnishing stores witnessed dynamic growth in the first half of 2022 in spite of various supply chain issues at the beginning of the year. With COVID-19 restrictions lifted there was improved consumer confidence while consumers…

Home products specialists saw mixed results in 2022, albeit the overall category registered a decline in current value terms. Home improvement and gardening stores saw a heavy decline in current value terms in 2022. There were several factors behind…

Home products specialists saw notable growth in 2022, continuing with the significant increase in sales that the channel registered in the previous year, especially in the pet shops and superstores category, which continues to stand out with…

The retail sales of home products specialists during 2022 were driven by rising prices. Home improvement and gardening stores saw strong sales during the pandemic and the performance continued, albeit only in value terms. The main contributors to…

The emergence of the pandemic in Portugal posed major operational challenges for home products specialists. While home improvement and gardening stores remained open during the quarantine, deemed to be an essential service, operators of homewares…

Retail current value sales of home products specialists grew strongly in 2022, albeit supported by high inflation. Nonetheless, growth was underpinned by the easing of Coronavirus (COVID-19) restrictions, with stores reopening fully and consumers…

There was a solid decline in bricks-and-mortar sales in home products specialists during 2022, driven largely by the poor performance of home improvement and gardening stores. These were predominantly classified as essential retailers throughout…

During the pandemic, local consumers were forced to spend prolonged time at home. The demand for luxurious and aesthetically-pleasing furniture at affordable prices increased significantly with the aim of creating comfortable and stylish interiors…

Following the spike in demand in 2020, due to the COVID-19 pandemic and ensuing lockdowns, sales of home improvement and gardening stores saw a decline in sales in 2021. In 2022, despite competition from e-commerce, current value sales of home…

Home products specialists bounced back in 2022 following the lifting of pandemic restrictions. Furthermore, the channel sees recovery in line with a higher demand for home renovations. Since there were no restrictions in 2022 for building and…

Asian Paints, which leads both home specialists overall and home improvement and gardening stores with its Colour Idea Store, has announced plans to invest INR9.6 billion to expand the manufacturing capacity at its facility in Ankleshwar, Gujarat.…

Mr DIY continued to expand aggressively in Malaysia in 2022, cementing its lead in what is a highly fragmented category. The success of Mr DIY thus far mainly lies in its ability to provide a large variety of good value products under one roof,…

Persisting supply chain challenges such as shortages of raw materials, rising transportation costs and inflation boosted demand for “made in Maroc” products. The trend has been encouraging local manufacturers to diversify their offerings by…

Despite substantial price increases amidst soaring inflation, overall current value sales growth for home products specialists in 2022 was slightly weaker than in 2021. Trade in the two largest channels of home improvement and gardening stores and…

Overall, the decline in the main channels, namely homewares and home furnishing stores and home improvement and gardening stores, damaged the performance of home products specialists. Rising prices were not enough to compensate for low demand. With…