Category: Home Centers & Hardware Stores
Home Centers & Hardware Stores market research reports by Euromonitor International
-
Home Improvement in Canada
In 2024, home improvement in Canada experienced steady growth as renovation spending remained resilient despite the pressures of high interest rates and persistent inflation. Many homeowners, deterred from relocating by the rising cost of living, instead redirected their focus toward upgrading their ... Read More
-
Gardening in Thailand
Gardening in Thailand enjoyed healthy growth in 2024, albeit at a lower level than seen in the recent review period. This positive performance is being driven by the popularity of urban gardening and biophilic design. Initiatives like Varmers' vertical farming in Bangkok, which produces over 800,000 ... Read More
-
Gardening in Switzerland
After a contraction in 2023, Switzerland’s gardening market returned to growth in 2024, supported by renewed consumer interest in sustainable gardening practices and a rise in home cultivation. Garden care products such as growing media and plant protection led this rebound as environmentally consci ... Read More
-
Home and Garden in Switzerland
In 2024, sales of home and garden continued to decline in Switzerland, reflecting broader economic caution, elevated living costs, and subdued activity in the housing and construction sectors. Consumer confidence remained fragile, limiting discretionary spending on high-value purchases such as indoo ... Read More
-
Home and Garden in Mexico
Home and garden saw modest current value growth in Mexico in 2024. Key drivers included significant retail investments from major players such as Home Depot and Walmart de México, which expanded operations and improved digital platforms. The booming real estate market, particularly in urban areas su ... Read More
-
Home Improvement in France
Sales of home improvement declined in current value terms in 2024, influenced by a combination of economic challenges, evolving consumer behaviours, and external environmental factors. Rising inflation and elevated interest rates diminished household purchasing power, leading many consumers to prior ... Read More
-
Home Improvement in Spain
Home improvement in Spain witnessed a slight decline in retail current value sales in 2024. While this continued the downturn started in 2023, but rate of decline was slower in 2024, with some signs of recovery. The performance of home improvement was hampered by limitations on residential construct ... Read More
-
Homewares in France
Sales of homewares saw a significant decline in current value terms in 2024, influenced by several interconnected factors. High inflation and stagnant wage growth eroded disposable incomes, leading consumers to prioritise household essentials over discretionary items like dinnerware and kitchenware. ... Read More
-
Home Improvement in Italy
In 2024, retail value sales in home improvement in Italy declined, with strong falls noted in areas including hardware, floor coverings and kitchen sinks. These results are due to households contending with persistent inflation, high grocery and energy bills, and the end of government renovation inc ... Read More
-
Home Improvement in Germany
Home improvement in Germany continued to record a value sales decline in 2024, driven by economic pressures, declining residential construction activity, and adverse weather conditions. To combat inflation, the European Central Bank raised interest rates to 3.62% by early January, making financing m ... Read More
-
Home Improvement in Indonesia
In 2024, value sales of home improvement in Indonesia continued to experience robust growth, fuelled by urbanisation, rising disposable incomes, and a growing middle class. Government initiatives, notably the One Million Houses programme, have significantly boosted residential construction, indirect ... Read More
-
Gardening in Germany
Gardening in Germany recorded moderate value growth in 2024 after a decline in 2023, mainly sustained by the performance of the largest category; horticulture. This is being driven by urbanisation, sustainability concerns, and a growing preference for functional green spaces. Local consumers are int ... Read More
-
Home Products Specialists in Germany
Despite a second consecutive year of value sales decline in 2024, sales through home improvement and gardening stores in Germany remained higher than pre-pandemic levels. In addition, the rate of decline was slower than the previous year, and less severe compared to homewares and home furnishing sto ... Read More
-
Home Products Specialists in Mexico
2024 saw pet shops continue to rise within home products specialists in Mexico, with the country being one of the leaders in terms of functional foods for pets; about 70% of Mexican households have pets as of 2024. In light of this, Mars Petcare is investing MXN3.5 billion in its plant in Querétaro, ... Read More
-
Home Products Specialists in Morocco
In 2024, home products specialists in Morocco benefited from increased government and private investment in construction and renovation projects. These efforts were largely shaped by key national events and recovery initiatives, including the reconstruction programme for regions impacted by the Al H ... Read More
-
Home Products Specialists in Switzerland
Home improvement and gardening stores saw a further decline in sales in current value terms in 2024, continuing the downturn in fortunes after the strong growth seen during the pandemic. Consumers still looked to maintain a well-kept home with regular quick and easy fixes, but with the pandemic over ... Read More
-
Home Products Specialists in Nigeria
Homewares and home furnishing stores recorded strong growth in current value terms in 2024, largely driven by high inflation and resultant price increases. However, in constant value terms, performance was more modest due to subdued consumer confidence and shrinking disposable incomes. Home improvem ... Read More
-
Home Products Specialists in India
Home products specialists in India saw solid current value growth in 2024, along with an increase in outlet numbers, with all channels experiencing growth. Retailers are increasingly adopting omnichannel strategies to blend online and offline experiences. Ikea India Pvt Ltd, for instance, has enhanc ... Read More
-
Home Products Specialists in the United Arab Emirates
Value sales of home products specialists in the United Arab Emirates continued to steadily grow in 2024, fuelled by the local market’s expanding population which was partly boosted by an influx of affluent expatriates. The channel also benefited from a further increase in outlet numbers, thereby enh ... Read More
-
Appliances and Electronics Specialists in the United Arab Emirates
Value sales of appliances and electronics specialists in the United Arab Emirates continued to rise in 2024, supported by favourable operating conditions, including rising urbanisation rates, increased demand for smart appliances, and the growth of digital natives. The channel also benefited from a ... Read More
-
Home Products Specialists in Egypt
In 2024, economic constraints and currency devaluation prompted more Egyptian consumers to shift towards local markets and independent home specialty stores. Neighbourhoods such as Nozha, Nasr City, and Downtown Cairo have become increasingly popular for their culturally resonant and cost-effective ... Read More
-
Home Products Specialists in the United Kingdom
Homewares and home furnishing stores in the UK experienced another year of value sales decline in 2024, highlighting ongoing challenges in the local market. Elevated inflation rates throughout the year led to increased costs of raw materials, resulting in higher retail prices for home furnishings. T ... Read More
-
Home Products Specialists in Ukraine
Home products specialists saw current value growth in Ukraine in 2024 despite the challenges of wartime. Large retailers such as Epicentr, which remained the clear leader in overall home products specialists, were actively expanding their presence by opening new store formats, including Epicentr Exp ... Read More
-
Appliances and Electronics Specialists in Ukraine
Appliances and electronics specialists saw slight current value growth in Ukraine in 2024. The channel demonstrated active development during the year despite macroeconomic challenges. Key players, such as Comfy, expanded their presence by opening new stores in different regions, including frontline ... Read More
-
Home Products Specialists in the Czech Republic
Overall, home products specialists in the Czech Republic registered a marginal increase in outlet number and good, if slower, retail current value growth in 2024. The largest category, home improvement and gardening stores, experienced growing demand as the economic situation and material costs stab ... Read More
Research Assistance
