Due to the rising costs of raw materials, energy, labour, and transportation as a result of inflation and the war in Ukraine, value sales growth of home improvement (at constant 2022 prices) is expected to be subdued over the forecast period. This is because many consumers are likely to be extremely careful with their expenditure, and will focus their spending on essential items and services.
Current value sales of bathroom and sanitaryware declined in 2022 following a pandemic boom in the previous two years. The main reason for this performance was an economic downturn in Sweden, with rising interest rates, higher costs of food and energy, and declining disposable incomes encouraging many consumers to reduce their expenditure on bathroom and sanitaryware, which is a major investment.
Sweden is well aware of the carbon footprint that production leaves. In recent years, local consumers have become more conscious of the types of products they purchase and whether they are made using sustainable materials and practices.
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Understand the latest market trends and future growth opportunities for the Home Improvement industry in Sweden 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 Improvement industry in Sweden, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Improvement
Includes: products purchased by consumers through retail channels.Excludes: commercial sales to professional builders / tradesmen / contractors etc. Home improvement refers to bathroom and sanitaryware, decorating sundries, floor covering, hand tools, hardware, home paint, kitchen sinks, power tools, wall covering and other home improvement.
See All of Our DefinitionsThis report originates from Passport, our Home Improvement research and analysis database.
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