Hong Kong’s challenging economic climate and weak housing market is expected to weigh on sales growth over the forecast period. High mortgage interest rates have made refinancing and home equity borrowing less attractive in Hong Kong, thus limiting the funds homeowners typically rely on to make house renovations.
Hong Kong homeowners are increasingly prioritising eco-conscious living, leading to a surge in smart home integrations that enhance both sustainability and convenience. Innovations such as automated lighting and climate control systems are becoming commonplace, optimising energy consumption by adjusting to environmental conditions.
There is a growing appreciation for modern-rustic design elements in Hong Kong's interiors. This style harmoniously blends contemporary minimalism with rustic textures, creating spaces that are both stylish and inviting.
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Understand the latest market trends and future growth opportunities for the Home Improvement industry in Hong Kong, China 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 Improvement industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Improvement
Includes: products purchased by consumers through retail channels.Excludes: commercial sales to professional builders / tradesmen / contractors etc. Home improvement refers to bathroom and sanitaryware, decorating sundries, floor covering, hand tools, hardware, home paint, kitchen sinks, power tools, wall covering and other home improvement.
See all of our definitionsThis report originates from Passport, our Home Improvement research and analysis database.
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