Home furnishings is expected to see an uptick in sales over the forecast period, following a slight slump in 2025. Positive sales drivers include the rising demand for modular and multi-functional furniture which fit Singapore’s compact living spaces.
Affordable premium furniture is set to support growth over the forecast period, fuelled by a rising middle-income group which desires the luxury look and feel without the high price tags. These consumers value aesthetic appeal, quality craftsmanship, and long-lasting durability, while remaining cost-conscious and digitally adept.
Singapore’s home furnishing market is expected to experience a surge in demand for home accessories and décor, as consumers increasingly seek to create personalised and expressive living spaces beyond basic furniture. This trend is driven by a rising interest in interior aesthetics and the influence of social media, with more homeowners investing in items such as home textiles, rugs, lighting, wall art, tableware, mirrors, decorative objects, and scent diffusers to enhance the mood and identity of their homes.
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Understand the latest market trends and future growth opportunities for the Home Furnishings industry in Singapore 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 Singapore, 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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