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Home Improvement in Singapore

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    Report

  • 17 Pages
  • May 2023
  • Region: Singapore
  • Euromonitor International
  • ID: 2218950
Overall, home improvement recorded a notable slowdown in current value growth in 2022 compared to the previous year. This was because many local consumers had mostly completed their home improvement projects during the pandemic. This mainly refers to categories such as bathroom and sanitaryware and floor covering, when consumers prioritised these major renovation tasks in 2020-2021, due to heightened hygiene concerns as a result of COVID-19.

The analyst's Home Improvement 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 2027 illustrate how market demand is expected to evolve in the medium-term

Product Coverage:
Bathroom and Sanitaryware, Floor Covering, Hand Tools, Hardware, Home Paint, Kitchen Sinks, Other Home Improvement, Power Tools, Wall Covering.

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 Improvement 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

HOME IMPROVEMENT IN SINGAPOREKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Home improvement records mixed performance in 2022
  • Minimalism is a fast-growing trend in Singapore
  • Open-plan living concept helps to address small living spaces
PROSPECTS AND OPPORTUNITIES
  • Wallpaper set to further decline over the forecast period
  • E-commerce likely to regain sales momentum in the coming years
  • Consumers prioritise sustainability for home improvement
CATEGORY DATA
  • Table 1 Sales of Home Improvement by Category: Value 2017-2022
  • Table 2 Sales of Home Improvement by Category: % Value Growth 2017-2022
  • Table 3 NBO Company Shares of Home Improvement: % Value 2018-2022
  • Table 4 LBN Brand Shares of Home Improvement: % Value 2019-2022
  • Table 5 Distribution of Home Improvement by Format: % Value 2017-2022
  • Table 6 Forecast Sales of Home Improvement by Category: Value 2022-2027
  • Table 7 Forecast Sales of Home Improvement by Category: % Value Growth 2022-2027
HOME AND GARDEN IN SINGAPORE
EXECUTIVE SUMMARY
  • Home and garden in 2022: The big picture
2022 key trends
  • Competitive landscape
  • Retailing developments
  • What next for home and garden?
MARKET DATA
  • Table 8 Sales of Home and Garden by Category: Value 2017-2022
  • Table 9 Sales of Home and Garden by Category: % Value Growth 2017-2022
  • Table 10 NBO Company Shares of Home and Garden: % Value 2018-2022
  • Table 11 LBN Brand Shares of Home and Garden: % Value 2019-2022
  • Table 12 Distribution of Home and Garden by Format: % Value 2017-2022
  • Table 13 Distribution of Home and Garden by Format and Category: % Value 2022
  • Table 14 Forecast Sales of Home and Garden by Category: Value 2022-2027
  • Table 15 Forecast Sales of Home and Garden by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
  • Summary 1 Research Sources