“After experiencing a recovery during 2021, the short-term outlook for those involved with living and dining room furniture is expected to be challenging. Both expenditure and a propensity to purchase high-ticket items will be impacted. In surviving such challenges, a focus on value and exploitation of trends such as online demands and sustainability should be considered.”
– Neil Mason, Retail Category Director, November 2022
Key issues covered in this Report:
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Mintel’s 2024-25 Global Outlook on Sustainability: A Consumer Study is designed to help you understand what brands and companies should prioritise in order to educate consumers and ensure...
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There are promising opportunities in the UK kitchen industry for brands who can help consumers create a sustainable, signature style kitchen, without overspending. Steven Mayles - Retail Analyst...
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2023 was another challenging year for electricals, but the recent improvement in purchasing activity and consumer confidence provide some optimism for 2024. Sam Nguyen, Retail Analyst ...
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The bedroom furniture market continues to be impacted by stretched budgets and a subdued housing market, but the recovery of consumer finances and an uptick in housing transactions...
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Consumer confidence continues to be highly polarised, and the budget has done little to boost short-term confidence. The majority of high-income households now say they are better off...
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Garden shoppers continue to seek out convenience when it comes to shopping as many use the online channel through out their purchasing journey,...
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