Household Goods

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The household goods industry’s revenue declined over 2020, as Brazil experienced one of the largest COVID-19 outbreaks globally. Reduced construction of residential and office buildings cut demand for furniture countrywide. Increased unemployment in ...

Economic downturn in the wake of the COVID-19 pandemic caused a contraction in household spending, which, coupled with limitations on retail outlets, led to a decline in sales of household goods in 2020. During the year, median disposable income per ...

According to the Canadian Jewellers Association, sales of jewellery have plummeted by double digits during 2020, due to the severe pandemic containment measures imposed by the Canadian authorities, one of which included closing retail stores selling ...

The household goods industry was able to maintain steady growth in 2019, driven by significant expansion in private consumption. Increasing disposable incomes, a record low unemployment rate, falling inflation as well as expansionary fiscal policy ...

Production of household goods in China continued to perform strongly in 2019, although growth slowed from the previous year. The industry’s performance was driven by rising internal consumption, with domestic expenditure on furnishings and related ...

Strong domestic sales drove the household goods industry’s expansion in 2019, mostly encouraged by higher consumer spending. In 2019, Americans enjoyed a historically low unemployment rate and rising wages, which led to a greater ability to spend on ...

Household goods production in Italy grew in 2019, although the pace decelerated notably compared with 2018. A weakening of the Italian economy was one of the main factors in the slowing growth pace. Italian consumers were worried about the economic ...

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