Category: Home Centers & Hardware Stores
Home Centers & Hardware Stores market research reports by Euromonitor International
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Home Products Specialists in Turkey
In 2024, home products specialists in Turkey remained impacted by still-high inflation levels and interest rates This helped to support value sales but also posed as a constraint to consumer spending power and investment momentum from players. Despite these factors, the channel remains fairly resili ... Read More
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Home Products Specialists in Hungary
Although home products specialists in Hungary saw current value sales contract for a second consecutive year in 2024, the rate of decline was modest and much slower that recorded in 2023. This improvement was underpinned by a sustained drop in inflation, which strengthened confidence and purchasing ... Read More
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Appliances and Electronics Specialists in Hungary
Appliances and electronics specialists in Hungary performed solidly in current value terms in 2024, with sales rising at a slightly faster pace than in 2023. Trade was bolstered by improvements in confidence and purchasing power among the population as inflation came down substantially. More favoura ... Read More
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Home Products Specialists in the Philippines
Home products specialists in the Philippines saw healthy growth in current value terms in 2024. With continued economic recovery, demand in construction and real estate is surging, prompting more consumers to invest in home renovation projects. Whether opting for professional construction services o ... Read More
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Home Products Specialists in Malaysia
All categories of home products specialists in Malaysia registered positive growth in retail value sales and outlet terms in 2024. Amidst economic pressures, such as inflation and high interest rates, consumers in Malaysia remained cautious over spending. Against this backdrop, retailers that focuse ... Read More
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Home Products Specialists in Thailand
Many consumers in Thailand continued to face financial pressures in 2024 due to high household debts, an increase in the cost of living and reduced disposable income. Despite these pressures, home product specialists saw solid growth in current value terms in Thailand in 2024 while the number of out ... Read More
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Home Products Specialists in Italy
Home improvement and gardening stores saw declining sales in 2024 in current value terms, with the number of outlets also declining. This was a consequence of the high inflation in Italy and the consequent reduced available income of Italians, with this creating economic uncertainty which forced som ... Read More
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Home Products Specialists in Romania
While home products specialists registered modest current value growth in Romania in 2024, constant value growth fell. While inflation eased, prices were still rising and this cut into profit margins. Consumers also continued to be price sensitive, after several years of price hikes, and as such wer ... Read More
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Home Products Specialists in Sweden
Home products specialists fell into small negative value growth in Sweden in 2024, as the category faces a similar dynamic as seen in appliances and electronics specialists. Firstly, home improvement and gardening stores, as well as homewares and home furnishing stores, had seen strong growth during ... Read More
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Home Products Specialists in Colombia
In 2024, home products specialists continued their downward trend due to high interest rates and the lack of consumer confidence, which led many people to postpone renovations and changes to their homes. Despite posting negative results, Homecenter (Sodimac Colombia SA) continues to invest in innova ... Read More
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Home Products Specialists in Poland
Within home products specialists in Poland, homewares and home furnishing stores saw declining sales and outlet numbers in 2024, primarily due to reduced consumer spending as a result of rising interest rates and increased costs of living. While inflation has decreased from its 2023 peak and consume ... Read More
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Home Products Specialists in France
In 2024, home products specialists in France experienced a decline in current value sales, signalling a return to more typical market dynamics after the post-COVID-19 boom. DIY activity was negatively impacted by several factors, including a slowdown in property transactions, fewer new housing proje ... Read More
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Home Products Specialists in Bulgaria
In 2024, home products specialists in Bulgaria recorded a solid increase in sales growth in value terms. The construction industry in Bulgaria remained resilient in 2024, with property prices continuing to rise, albeit at a slower pace than in previous years. While demand for new housing remained st ... Read More
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Home Products Specialists in Canada
Overall, home products specialists in Canada registered a moderate drop in the number of outlets in 2024. The marginal rise in the number of pet shops and superstores was insufficient to overcome the significant decreases in the number of outlets in the larger categories of home improvement and gard ... Read More
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Home Products Specialists in China
Homewares and home furnishings stores in China saw stable growth in both outlet numbers and current value sales in 2024, although the rates of increase were low, and slightly slower than in 2023. Falling property prices discouraged investments in new homes, and the resultant declining housing market ... Read More
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Home Products Specialists in Brazil
In 2024, despite seeing marginal growth in outlet numbers, home products specialists in Brazil saw a slight current value decline, driven by home improvement and gardening stores, and to a lesser extent homewares and home furnishing stores. However, pet shops and superstores maintained value growth, ... Read More
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Home Products Specialists in Argentina
Home product specialists in Argentina faced a challenging scenario in 2024. Due to a significant decline in purchasing power and rising unemployment, sales performance was notably weak. To stimulate demand, leading retailers such as Easy and Sodimac significantly increased promotions and discounts. ... Read More
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Home Products Specialists in Belgium
Prices within homewares and home furnishing stores stabilised in 2024. However, the negative effects of the inflation crisis lingered and consumers remained quite conservative with their spending, especially as far as big expenses for the home were concerned. With many households continuing to face ... Read More
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Retail in the US
In September 2024, the US Federal Reserve lowered the federal funds rate for the first time since March 2020, signalling a near end to the inflationary macroeconomy. While inflation showed signs of abating, grocery prices remained on average about 25% higher than 2019 levels, according to the US Dep ... Read More
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Home Products Specialists in Ireland
In 2024, home product specialists in Ireland experienced a 1% decline in retail value sales. Despite the stabilisation of inflation, the market faced several challenges, including an ongoing price-sensitivity. Another contributing factor to the decline in sales was the wave of substantial home refur ... Read More
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Home Products Specialists in Austria
In 2024, home product specialists in Austria experienced retail value growth of 2%. Pet shops and superstores led the charge with a solid 3% growth, while homewares and home furnishing stores saw a more modest 1% increase in value. This followed a significant decline in sales for homeware and home f ... Read More
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Home Products Specialists in Greece
Home products specialists saw current value growth in Greece in 2024. Despite economic pressure, consumer interest in home products specialists has remained relatively high. The trend towards investing in Airbnb units has contributed to the demand for home improvement and furnishing products. DIY co ... Read More
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Home Products Specialists in Israel
In 2024, home products specialists in Israel witnessed a modest uptick in retail current value sales, as more Israelis opted to remain in the country rather than travel abroad. This marks an improved performance from 2023, when the housing market slowed considerably due to rising interest rates, ong ... Read More
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Home Products Specialists in Norway
In 2024, home products specialists suffered amid a challenging housing market in Norway, with property prices rising. The construction sector is facing challenges, with a notable decline in new housing completions contributing to supply shortages. This situation exacerbates affordability issues for ... Read More
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Home Products Specialists in Peru
Home products specialists encompasses home improvement and gardening stores, homeware and home furnishing stores, and pet shops and superstores. Among these, home improvement and gardening stores represent the largest segment, meaning their performance heavily influences the category as a whole. In ... Read More
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