Home furnishings overall is expected to record slow to moderate growth over the forecast period, which initially, will be driven by waning consumer confidence in the face of rising prices. While supply chain disruptions will likely only have a limited impact on prices over the forecast period, the high price of energy and inflation will continue to affect manufacturing costs and producers will increasingly be forced to pass on some of these costs to consumers.
Growth in e-commerce as a distribution channel for home furnishings is expected to continue but at a slower pace than the meteoric rise it witnessed during the pandemic. Younger consumers are increasingly adopting e-commerce as their preferred channel to buy home furnishings due to the convenience it offers as well as innovations in online shopping, such as AR integration in apps and websites.
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Understand the latest market trends and future growth opportunities for the Home Furnishings industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Furnishings industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Furnishings
The furniture and other moveable articles in a home that are necessary or useful for comfort and convenience. Items must be new when sold to the consumer; second-hand/used home furnishings are excluded. Antiques are also excluded. Home furnishings refers to indoor living (home textiles, indoor furniture and window coverings), outdoor living (BBQ's, garden sheds and outdoor furniture) and lighting (lighting sources and light fixtures).
See All of Our DefinitionsThis report originates from Passport, our Home Furnishings research and analysis database.
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