New trends bring dynamism to housewares and home furnishings

Housewares and home furnishings are increasingly being shaped by trends in colours, styles and materials. In addition, the growth of the “green” movement and heightened environmental awareness has brought greater emphasis to natural materials for home furnishings in recent years.

Home Furnishings – Singapore

HEADLINES
The home furnishings market in Singapore amounted to a total retail value of S$1.28 billion in 2006 in constant terms at 2001 prices, having achieved a total growth of 6.8% over the review period.

The home furnishings market in Singapore seen a drastic drop in sales in 2006, with the value of retail sales falling by 3.0% in year-on-year prices.

Household textiles and soft furnishings have been the highest-growth sector over the review period in constant value terms at 2001 prices, posting a total growth of 7.8% or a CAGR of 1.5%.