Hardware & Home Improvement Stores in Iceland - Market Research Report (2014-2029)

Hardware and home improvement stores’ revenue is forecast to rise at a compound annual rate of 1.4% over the five years through 2024 to reach €155.8 billion. Private spending on home renovation and maintenance, construction activity, environmental awareness and the number of households each play their part in determining sales. The EU and the UK enjoyed a housing market boom prior to 2023, when soaring mortgage rates deterred many from buying a new house. While demand for outfitting new houses is down, more Europeans are turning to repair, maintenance and renovation work on their existing properties, helping to raise sales of hardware and home improvement products. This trend accelerated during the COVID-19 pandemic, as people confined to their homes looked to refresh their surroundings and found themselves with more time to dedicate to DIY projects. Hardware and home improvement stores were deemed by many governments as essential businesses, allowing them to remain open during the lockdowns.

预计在2024年及以后的五年间，硬件及家居改善商店的营业收入将以1.4%的复合年增长率增长，届时将达到1558亿欧元。在确定销售额方面，私人对家居翻新与维护的支出、建筑活动、环保意识以及家庭数量均扮演着各自的角色。欧盟及英国在2023年之前经历了住房市场的繁荣，但随着抵押贷款利率的飙升，许多人对购买新房望而却步。尽管新房屋装修的需求下降，但越来越多的欧洲人开始关注现有房产的维修、保养与翻新工作，从而促进了硬件及家居改善产品的销售增长。这一趋势在COVID-19疫情期间加速，当时人们因居家隔离而寻求刷新家居环境，并发现自己有更多时间投入于DIY项目。众多政府将硬件及家居改善商店视为必需品行业，允许其在封锁期间继续营业。