Home furnishings is expected to post robust growth in current value sales throughout the forecast period, with the vast majority of categories poised to register consistently positive results in this regard. Despite mounting global uncertainty, the outlook for Taiwan’s economy remains bright thanks to the strength of its manufacturing industries, particularly in semiconductors and other electronics.
With average home sizes in Taiwan shrinking due to demographic shifts and limited room for new housing developments in densely populated urban areas, demand for compact, multifunctional and space-efficient furniture is set to remain strong over the forecast period. Most notably, apartment dwellers will continue to show rising interest in items such as modular sofas and storage beds.
Japanese and Scandinavian design philosophies will remain highly influential in shaping home furnishings choices in Taiwan over the forecast period, with more consumers expected to embrace clean lines, neutral palettes and natural materials like wood and bamboo to create calm, clutter-free living spaces. Beyond aesthetic considerations, the preference for minimalism will continue to be fuelled by a growing societal emphasis on mindfulness, sustainability and more efficient use of space in smaller urban apartments.
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Understand the latest market trends and future growth opportunities for the Home Furnishings industry in Taiwan 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 Taiwan, 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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