Home furnishings in China is expected to maintain slow and steady current value growth in the forecast period, with increases across most categories. However, in light sources, over the past few years the demand for halogen lamps, compact fluorescent (CFL) lamps, and linear fluorescent (LFL) lamps significantly diminished due to increasing awareness of energy efficiency and environmental sustainability.
Retail current value sales of home office furniture are poised to grow moderately over the forecast period in China, driven by the continuation of remote and flexible work arrangements, which were accelerated by the COVID-19 pandemic. Since 2020, the surge in remote working has fuelled demand for ergonomic and functional home office furniture which is designed to enhance comfort and productivity.
With retail current value sales of home furnishings set to rise over the forecast period, top international brands are likely to improve their presence in China, primarily over the short term. With a burgeoning middle-class and rising disposable incomes, China offers a vast consumer base eager for high-quality products and global brands.
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Understand the latest market trends and future growth opportunities for the Home Furnishings industry in China 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 China, 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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