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Home Furnishings in China

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    Report

  • 19 Pages
  • May 2023
  • Region: China
  • Euromonitor International
  • ID: 339838
The pandemic led to an economic downturn in China, with GDP growth slowing and job losses increasing. This led to a reduction in consumer spending, especially on perceived non-essential items such as home furnishings. Moreover, during the pandemic, many physical retailers were closed or operated limited hours, making it difficult for consumers to visit stores to purchase home furnishings.

The analyst's Home Furnishings in China 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:
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

HOME FURNISHINGS IN CHINAKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Home furnishings experiences declining sales in 2022 due to prioritising of expenditure
  • Demand for barbecues grows in 2022 due to pandemic restrictions
  • Minimalism and durability prioritised in China
PROSPECTS AND OPPORTUNITIES
  • Smart homes to become increasingly popular over the forecast period
  • Players to continue focusing on adopting sustainable practices
  • Rugs to grow steadily over the forecast period
CATEGORY DATA
  • Table 1 Sales of Home Furnishings by Category: Value 2017-2022
  • Table 2 Sales of Home Furnishings by Category: % Value Growth 2017-2022
  • Table 3 NBO Company Shares of Home Furnishings: % Value 2018-2022
  • Table 4 LBN Brand Shares of Home Furnishings: % Value 2019-2022
  • Table 5 LBN Brand Shares of Light Sources: % Value 2019-2022
  • Table 6 Distribution of Home Furnishings by Format: % Value 2017-2022
  • Table 7 Forecast Sales of Home Furnishings by Category: Value 2022-2027
  • Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2022-2027
HOME AND GARDEN IN CHINA
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 9 Sales of Home and Garden by Category: Value 2017-2022
  • Table 10 Sales of Home and Garden by Category: % Value Growth 2017-2022
  • Table 11 NBO Company Shares of Home and Garden: % Value 2018-2022
  • Table 12 LBN Brand Shares of Home and Garden: % Value 2019-2022
  • Table 13 Distribution of Home and Garden by Format: % Value 2017-2022
  • Table 14 Distribution of Home and Garden by Format and Category: % Value 2022
  • Table 15 Forecast Sales of Home and Garden by Category: Value 2022-2027
  • Table 16 Forecast Sales of Home and Garden by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
  • Summary 1 Research Sources