Home Furnishings in Malaysia

Description

Home furnishings registered steady growth in current value terms in 2023, with barbeques, home office furniture, and light-emitting diode lamps (LED) being among the most dynamic categories. Building on the work-from-home trend that developed during the pandemic, the shift towards remote working has led individuals to spend more time in their homes, thereby boosting sales of home office furniture as consumers looked to upgrade their home working environments. Meanwhile, there was a renewed focus...

Euromonitor International's Home Furnishings in Malaysia 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 2028 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.

Product Code: HOMEMYhf

List Of Contents And Tables

KEY DATA FINDINGS

2023 DEVELOPMENTS

Home furnishings benefits from several positive trends
LED lamps benefits from rising environmental concerns and government initiatives
Philips remained the top brand for lighting, owing to new product launches

PROSPECTS AND OPPORTUNITIES

Increasing environmental awareness is set to impact sales of gas barbeques
Urbanisation and new housing projects set to boost demand for beds
Modular living could bring new dynamism to home furnishings

CATEGORY DATA

Table 1 Sales of Home Furnishings by Category: Value 2018-2023
Table 2 Sales of Home Furnishings by Category: % Value Growth 2018-2023
Table 3 NBO Company Shares of Home Furnishings: % Value 2019-2023
Table 4 LBN Brand Shares of Home Furnishings: % Value 2020-2023
Table 5 LBN Brand Shares of Light Sources: % Value 2020-2023
Table 6 Distribution of Home Furnishings by Format: % Value 2018-2023
Table 7 Forecast Sales of Home Furnishings by Category: Value 2023-2028
Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2023-2028

HOME AND GARDEN IN MALAYSIA

EXECUTIVE SUMMARY

Home and garden in 2023: The big picture
2023 key trends
Competitive landscape
Retailing developments
What next for home and garden?

MARKET DATA

Table 9 Sales of Home and Garden by Category: Value 2018-2023
Table 10 Sales of Home and Garden by Category: % Value Growth 2018-2023
Table 11 NBO Company Shares of Home and Garden: % Value 2019-2023
Table 12 LBN Brand Shares of Home and Garden: % Value 2020-2023
Table 13 Penetration of Private Label in Home and Garden by Category: % Value 2018-2023
Table 14 Distribution of Home and Garden by Format: % Value 2018-2023
Table 15 Distribution of Home and Garden by Format and Category: % Value 2023
Table 16 Forecast Sales of Home and Garden by Category: Value 2023-2028
Table 17 Forecast Sales of Home and Garden by Category: % Value Growth 2023-2028

DISCLAIMER

SOURCES

Summary 1 Research Sources