Sales in home products specialists are expected to pick up again over the forecast period, as inflationary pressures ease and consumer spending power becomes stronger again. However, ongoing developments and investments in e-commerce and click-and-collect services are expected to limit the performance of brick-and-mortar stores – to a degree, at least, as consumers tend to purchase larger and more expensive items in-store than online, thus being able to inspect the products’ quality and suitability for use before purchase.
In February 2024, IKEA announced the opening of a new “Plan and Order Point” in Carlow's Fairgreen Shopping Centre, providing customers with home furnishing advice and expertise, supporting design needs across various rooms, including bespoke kitchen and wardrobe design planning services, and helping to expand its presence in Ireland. IKEA also announced plans to open a new distribution centre in Rathcoole, Dublin, later in 2024, which is expected to significantly reduce the delivery time for purchases made in Ireland (from seven-to-ten days to two-to-three days), further enhancing its offer to customers in the country.
Homewares and home furnishing stores may well face competition from e-commerce over the forecast period, as consumers tend to be more confident purchasing smaller and less expensive items online – compared to big-ticket products and those which need to be checked in-store for suitability for use. Sales may also be somewhat suppressed by the fact that consumers are spending less time at home post-pandemic, although a level of baseline demand will remain, and value sales will be supported by price hikes.
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Understand the latest market trends and future growth opportunities for the Home Products Specialists industry in Ireland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Home Products Specialists
The aggregation of home improvement and gardening stores, homewares and home furnishing stores, and pet shops and superstores.
See All of Our DefinitionsThis report originates from Passport, our Home Products Specialists research and analysis database.
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