Home Improvement in Malaysia - New Study Released

From: Fast Market Research, Inc.
Published: Tue Oct 06 2015

Malaysian consumers prefer to engage in DIY when it comes to home improvement especially for small repairs, and painting walls, for instance. With more information and tips on DIY available on the internet, consumers can easily learn how to do simple tasks themselves. The desire to own one’s own home and to have trendy and sophisticated designs at affordable costs, especially among young consumers, motivates them to invest their time and effort in creating and improving their homes on their own. Furthermore, a greater variety of products that is available for DIY purposes also encourage consumers to perform the tasks by themselves. By doing it themselves, they can reduce their household spending in light of the higher cost of living instead of hiring external service providers.

Full Report Details at
- http://www.fastmr.com/prod/1056245_home_improvement_malaysia.aspx?afid=302

Competitive Landscape

Robert Bosch led in home improvement sales with a value share of 3% in 2013. Bosch remained the preferred brand among consumers due to the company’s strong brand presence, new product innovations and updated technology, especially in its renowned series of power tools. The high quality of its products was also one of the key factors that captured consumers’ interest.

Industry Prospects

Home improvement in Malaysia is set to experience negligible growth over the forecast period. The minimal growth is expected due to increasing pressure among consumers to reduce their household spending given the economic slowdown. However, wallpaper will grow by a 3% CAGR during the forecast period. Many consumers are turning to decorative wallpapers in order to add unique touches to their homes instead of more common colours.

Home Improvement Market Research

Analyse key trends and developments in Malaysia for all product categories, competitors and channels.

Evaluate the market position and financial performance of the leading national and international market players.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Home Improvement in Mexico
- Home Improvement in Romania
- Home Improvement in China
- Home Improvement in Russia
- Home Improvement in Turkey

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »