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Home Furnishings in Singapore

Publisher Euromonitor International
Published Jun 04, 2025
Length 21 Pages
SKU # EP20080988

Description

Home furnishings managed to maintain small positive value sales in 2024, at lower rates of growth than seen in the recent review period, due to the same cross-category reasons of consumer price-sensitivity. Regarding positive drivers, the widespread adoption of hybrid work models has encouraged residents to invest in creating more comfortable and functional living spaces. Younger homeowners, especially those moving into new built-to-order Housing and Development Board (HBD) flats—which are a key...

Euromonitor International's Home Furnishings in Singapore report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2029 illustrate how market demand is expected to evolve in the medium-term


Product coverage: Indoor Living, Lighting, Outdoor Living.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Home Furnishings market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

21 Pages
Home Furnishings in Singapore
Euromonitor International
June 2025
List Of Contents And Tables
HOME FURNISHINGS IN SINGAPORE
KEY DATA FINDINGS
2024 DEVELOPMENTS
Home and kitchen trends in Singapore shift towards sustainability, space-saving options, and smart designs,
Ikea maintains its leading company place in home furnishings, thanks to innovation, affordability, and sustainability
Home products specialists maintain the strongest distribution share
PROSPECTS AND OPPORTUNITIES
Modular and multi-functional furniture fuel space optimisation trend in Singapore's compact living spaces
Affordable premium furniture set to support growth as brands deliver luxury at accessible prices
Home accessories and décor supported by social media and seasonal trends, driving personalised interiors
CATEGORY DATA
Table 1 Sales of Home Furnishings by Category: Value 2019-2024
Table 2 Sales of Home Furnishings by Category: % Value Growth 2019-2024
Table 3 NBO Company Shares of Home Furnishings: % Value 2020-2024
Table 4 LBN Brand Shares of Home Furnishings: % Value 2021-2024
Table 5 LBN Brand Shares of Light Sources: % Value 2021-2024
Table 6 Distribution of Home Furnishings by Format: % Value 2019-2024
Table 7 Forecast Sales of Home Furnishings by Category: Value 2024-2029
Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2024-2029
HOME AND GARDEN IN SINGAPORE
EXECUTIVE SUMMARY
Home and garden in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for home and garden?
MARKET DATA
Table 9 Sales of Home and Garden by Category: Value 2019-2024
Table 10 Sales of Home and Garden by Category: % Value Growth 2019-2024
Table 11 NBO Company Shares of Home and Garden: % Value 2020-2024
Table 12 LBN Brand Shares of Home and Garden: % Value 2021-2024
Table 13 Penetration of Private Label in Home and Garden by Category: % Value 2019-2024
Table 14 Distribution of Home and Garden by Format: % Value 2019-2024
Table 15 Distribution of Home and Garden by Format and Category: % Value 2024
Table 16 Forecast Sales of Home and Garden by Category: Value 2024-2029
Table 17 Forecast Sales of Home and Garden by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
Summary 1 Research Sources

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