PUBLISHER: Euromonitor International | PRODUCT CODE: 1270915
PUBLISHER: Euromonitor International | PRODUCT CODE: 1270915
Home and Garden in Hong Kong, China
Home and garden current value sales in Hong Kong marginally declined in 2022 compared to the previous year's dynamic performance, driven primarily by the presence of COVID-19 lockdowns in the city. Social distancing rules, retail store closures, supply chain disruptions and a contracting housing market combined to dampen growth rates in 2022.
Euromonitor International's Home and Garden in Hong Kong, 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: Home Improvement and Gardening, Homewares and Home Furnishings.
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 and Garden 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
List Of Contents And Tables
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 1 Sales of Home and Garden by Category: Value 2017-2022
- Table 2 Sales of Home and Garden by Category: % Value Growth 2017-2022
- Table 3 NBO Company Shares of Home and Garden: % Value 2018-2022
- Table 4 LBN Brand Shares of Home and Garden: % Value 2019-2022
- Table 5 Distribution of Home and Garden by Format: % Value 2017-2022
- Table 6 Distribution of Home and Garden by Format and Category: % Value 2022
- Table 7 Forecast Sales of Home and Garden by Category: Value 2022-2027
- Table 8 Forecast Sales of Home and Garden by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
- Summary 1 Research Sources
GARDENING IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Gardening sales slow due to lockdowns and store closures in early 2022
- Indoor plants remain popular due to small size of local properties
- E-commerce enables large players to maintain retail sales
PROSPECTS AND OPPORTUNITIES
- Gardening to maintain low sales growth over forecast period
- Retail offline to remain dominant within category in the coming years
CATEGORY DATA
- Table 9 Sales of Gardening by Category: Value 2017-2022
- Table 10 Sales of Gardening by Category: % Value Growth 2017-2022
- Table 11 NBO Company Shares of Gardening: % Value 2018-2022
- Table 12 LBN Brand Shares of Gardening: % Value 2019-2022
- Table 13 Distribution of Gardening by Format: % Value 2017-2022
- Table 14 Forecast Sales of Gardening by Category: Value 2022-2027
- Table 15 Forecast Sales of Gardening by Category: % Value Growth 2022-2027
HOME FURNISHINGS IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Pandemic restrictions and income pressures subdue sales of home furnishings
- Compact housing drives demand for multifunctional furniture
- Immersive retail stores focus on the mattress shopping experience
PROSPECTS AND OPPORTUNITIES
- Stable value sales growth despite consumer spending shifting towards travel
- Smart technology will proliferate in lighting and window covering
- Sustainability to gain in popularity supported by greater focus of brands
CATEGORY DATA
- Table 16 Sales of Home Furnishings by Category: Value 2017-2022
- Table 17 Sales of Home Furnishings by Category: % Value Growth 2017-2022
- Table 18 NBO Company Shares of Home Furnishings: % Value 2018-2022
- Table 19 LBN Brand Shares of Home Furnishings: % Value 2019-2022
- Table 20 LBN Brand Shares of Light Sources: % Value 2019-2022
- Table 21 Distribution of Home Furnishings by Format: % Value 2017-2022
- Table 22 Forecast Sales of Home Furnishings by Category: Value 2022-2027
- Table 23 Forecast Sales of Home Furnishings by Category: % Value Growth 2022-2027
HOME IMPROVEMENT IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Marginal declines for home improvement in 2022
- Health trends drive innovation within decorative paint
- Unavailability of professionals gives rise to DIY trend in Hong Kong
PROSPECTS AND OPPORTUNITIES
- Floor tiles to see dynamic growth within floor covering
- New housing projects have limited scope for home improvement
CATEGORY DATA
- Table 24 Sales of Home Improvement by Category: Value 2017-2022
- Table 25 Sales of Home Improvement by Category: % Value Growth 2017-2022
- Table 26 NBO Company Shares of Home Improvement: % Value 2018-2022
- Table 27 LBN Brand Shares of Home Improvement: % Value 2019-2022
- Table 28 Distribution of Home Improvement by Format: % Value 2017-2022
- Table 29 Forecast Sales of Home Improvement by Category: Value 2022-2027
- Table 30 Forecast Sales of Home Improvement by Category: % Value Growth 2022-2027
HOMEWARES IN HONG KONG, CHINA
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Mixed performances in homewares categories
- Pandemic heightens health and hygiene concerns in homewares
- Compact housing and demand for convenience drives sales of space-saving homewares
PROSPECTS AND OPPORTUNITIES
- "Easy-to-clean" claims to gain in popularity as consumers resume busy lifestyles
- E-commerce growth in homewares likely to slow but remain relevant
CATEGORY DATA
- Table 31 Sales of Homewares by Category: Value 2017-2022
- Table 32 Sales of Homewares by Category: % Value Growth 2017-2022
- Table 33 Sales of Homewares by Material: % Value 2017-2022
- Table 34 NBO Company Shares of Homewares: % Value 2018-2022
- Table 35 LBN Brand Shares of Homewares: % Value 2019-2022
- Table 36 Distribution of Homewares by Format: % Value 2017-2022
- Table 37 Forecast Sales of Homewares by Category: Value 2022-2027
- Table 38 Forecast Sales of Homewares by Category: % Value Growth 2022-2027
