Housewares Market Research Reports & Industry Analysis

Homewares enjoyed healthy value growth in Brazil in 2024, thanks to cultural shifts towards home-centric lifestyles. For example, as seen with the resurgence in home cooking, evolving consumer preferences, and a heightened emphasis on health and sustainability. For example, the increased focus on ho ...

Homewares in Hong Kong witnessed declining value sales over 2024, in line with the overall downturn in retail sales throughout the year. Changing consumption patterns among both tourists and local residents weighed on the retail sector. Mainland Chinese tourists, traditionally a major driver of reta ...

Value sales of home improvement in the UK decreased in 2024, reflecting a wider slowdown in discretionary consumer spending. The ongoing cost-of-living crisis continued to weigh heavily on household budgets, with consumers forced to prioritise essential expenses such as food, rent, and energy bills ...

Current value sales of home improvement increased in Turkey during 2024, primarily due to the rising cost of hiring handymen and tradespeople. A broader cultural shift toward self-sufficiency, especially among middle-income urban households, also drove demand. However, while the DIY trend increased ...

Current value sales of home improvement increased in 2024, driven by a surge in renovation activities among homeowners, supported by residential construction and the expansion of retailer networks. Media features such as the Philippine Daily Inquirer’s “Elevate Your Home This 2024” series inspired a ...

Though current value sales increased in home improvement in Ukraine in 2024, constant value sales fell, as continuing inflation hit profit margins. Sales were mainly driven by repairs and rebuilding of residential buildings damaged by the war, with the government and also international organisations ...

The market for home improvement in South Africa registered only modest growth in current value terms in 2024. Given the challenging economic environment, cosmetic upgrades such as wall repainting, the installation of feature tiles, and sanitaryware replacements emerged as popular options, offering h ...

Sales of home improvement products declined in China in current value terms in 2024, primarily due to the persistent weakness in the property market. With reduced demand for new housing and a cautious consumer mindset, investment in home renovations and upgrades significantly declined. A climate of ...

Home furnishings in Hong Kong witnessed value sales decline in 2024 amid economic challenges, evolving consumer preferences, structural shifts in the retail landscape, and market saturation. The prolonged downturn in overall retail activity was impacted by cautionary spending, amid rising living cos ...

In 2024, homewares in Argentina experienced strong growth, supported by a combination of evolving consumer lifestyles, favourable import conditions, and expanding digital access. Value sales increased notably, with dining standing out as the best performing category, driven by a renewed appreciation ...

Home improvement achieved small positive value sales in Singapore in 2024, albeit at lower rates of growth than seen in the recent review period, in a cross-category trend. However, there remain numerous positive drivers which are helping to support ongoing baseline demand. The rise of DIY culture, ...

Home improvement in India experienced fast retail current value sales growth in 2024. Increasing disposable incomes and rising aspirations among the middle-class consumer base have led to higher spending on home renovation and improvement projects. Consumers are investing more in enhancing the aesth ...

In 2024, home improvement in Argentina recorded robust growth, driven by a thriving DIY culture, heightened economic pressures, and the increasing digitisation of retail. As consumers sought cost-effective ways to enhance their living environments, demand surged for tools, affordable materials, and ...

Sales of home improvement products declined in current value terms in 2024. This was primarily due to the impact of high interest rates, reduced housing market activity, and inflationary pressures. Elevated mortgage rates discouraged consumers from purchasing new homes as well as impacting the deman ...

The home furnishings market in Malaysia saw modest growth in current value terms in 2024, driven by a combination of evolving lifestyles, rapid urban development, and targeted strategies by major retailers. The continued adoption of remote and hybrid work models increased demand for functional and c ...

In 2024, home furnishings in Argentina experienced notable growth, driven by evolving consumer preferences and strategic expansions by key retailers. Brands such as Sodimac and Easy strengthened their positions by enhancing their product assortments and investing in e-commerce platforms, catering to ...

While homewares in Ukraine registered healthy current value growth, constant sales remained unchanged, as inflation continued to bite. That being said, as many Ukrainians rebuilt or relocated, there was strong demand for kitchen and dining essentials. ranging from cookware and utensils to dinnerware ...

In 2024, value sales of homewares continued to grow, although at a slower pace compared to the previous year. Rising costs of key materials, such as ceramic, porcelain and glass, significantly increased production expenses, which in turn led to higher retail prices and heightened consumer price sens ...

In 2024, current value sales of homewares in the Philippines registered robust growth as local consumers continued to invest in enhancing at-home cooking and dining experiences. This trend was supported by an influx of both international and domestic brands, which thereby expanded product variety an ...

Home improvement in South Korea witnessed a significant slowdown in 2024, with stagnant value sales tempered by economic headwinds and cautious consumer spending. Renovation activity continues, especially in ageing apartment complexes from the 1990s, but investments are more selective, often focusin ...

Home improvement in Poland saw current value sales fall in 2024. Though inflation eased, it was still an issue, and this dampened value sales. Additionally, residential construction activity has weakened, partly due to increased housing prices. These economic pressures have led to a reduction in hom ...

In 2024, the UK’s home furnishings market saw a decline in value sales, driven primarily by persistent economic pressures that led consumers to prioritise essential spending. Spending on home improvements and DIY also declined, indicating a broader shift away from discretionary purchases in home déc ...

Home furnishings in Ukraine registered healthy current value growth in 2024, though constant value growth was muted, as inflation remained an issue. Manufacturers are increasingly adopting eco-friendly practices and advanced technologies such as zero-waste production lines and handcrafted sustainabl ...

Home furnishings experienced robust current value sales growth in the Philippines in 2024, driven by evolving consumer preferences and design trends. Interior design experts noted a shift towards warm, organic colour palettes, particularly earthy browns and muted greens, combined with natural, tacti ...

Retail current value sales of home furnishings continued to grow in 2024, albeit at a slightly slower pace than in the previous year, as inflation remained elevated–albeit significantly lower than in the previous two years–prompting Romanian households to moderate spending in this category. Indoor f ...