Ikano Pte Ltd led home furnishings in 2014, with a retail value share of 12%. The company manages the IKEA brand. Indoor furniture accounted for the majority of Ikano Pte Ltd’s retail value sales in home furnishings in 2014 ??" the company led indoor furniture with a retail value share of 11%. The company continued to increase its presence in light sources in 2014.
Over the forecast period, the number of BTO flats is expected to increase, which will directly affect the growth of home furnishings. BTO flats also include two-to-five-room flats for newlyweds, as well as multi-generational flats, which are studio flats for singles or elderly people. Home furnishings is expected to register a retail value CAGR of 1% (constant 2014 prices) over the forecast period.
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Home Furnishing Market ResearchAnalyse key trends and developments in Singapore for all product categories, competitors and channels.
Evaluate the market position and financial performance of the leading national and international market players.
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