In addition to a number of trends that have been shaping demand for homewares in the region over the past few years, pandemic and post-pandemic recovery have further unlocked opportunities and challenges for the industry.
Looking ahead to the future of home improvement and gardening sales, demand drivers in 2021 have created a solid uplift for the year. The biggest driver of this is the demographic shift with more Millennials entering the market. This looks to be a lasting influence across countries. That said, inflation and a vicious cycle of shortages and supply disruptions are expected to be a limiting factor in 2022.
The pandemic fundamentally changed our relationship with the home. With home sizes trending smaller and with a myriad of activities expected to continue at home, the future home will be designed with the versatility of space in mind. Being able to…
Erika Sirimanne, Head of Home and Garden at Euromonitor International, recently discussed cookware and bakeware trends with Penny Rosema at the US Cookwares Manufacturers Association (www.cookware.org). During this podcast Erika discusses how…
Macroeconomic and demographic factors are impacting consumer demand for home improvement and gardening products, which in turn influences the DIY industry. Euromonitor’s DIY Index can help home improvement and gardening retailers and suppliers understand what those primary factors are, by…
HKDecoman is a renovation platform divided into three primary departments: project matching and consultancy, e-commerce and academy. All three departments provide O2O (online to offline) services. For project matching and consultancy we run a…
When you look for furniture, what store or brand comes to mind? MUJI, Nitori and IKEA are the main brands that many Japanese consumers think of first. We will compare these three brands across three aspects - brand image, consumer experience and…
Smart devices have ushered in a borderless internet, giving consumers instant access to entertainment, knowledge, social sharing and more. Digital connectivity has altered all aspects of life including cooking and dining habits, creating…
The home and garden industry is a dynamic category. Given how digital connectivity underpins the existence of connected consumers and has altered all aspects of life, no industry is immune to the impact of digitalisation. At the same time, the world…