The home furnishings market in Malaysia is projected to experience modest growth in constant value terms (at 2024 prices) over the forecast period, driven by a combination of economic factors, market saturation, and evolving consumer preferences. Despite steady economic growth, consumer spending on non-essential items like home furnishings remains cautious, with households prioritising essentials and exercising restraint when it comes to discretionary purchases.
Malaysia’s home furnishings market is poised for significant transformation, driven by evolving consumer preferences and rapid technological advancements. One key trend is the rising demand for smart, multifunctional furniture tailored to urban lifestyles.
Another major trend which is set to reshape Malaysia’s home furnishings market is the rapid growth of online interior design platforms. As internet access and smartphone usage increase, more consumers are turning to e-commerce to fulfil their home furnishing needs.
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Understand the latest market trends and future growth opportunities for the Home Furnishings industry in Malaysia 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 Malaysia, 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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