Hardware & Home Improvement Stores in Lithuania - 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年之前五年内，硬件与家居装修商店的营收将以1.4%的复合年增长率增长，届时将达到1558亿欧元。私人对家居翻新与维护、建筑活动、环保意识以及家庭数量均在销售决定中扮演着各自的角色。在2023年之前，欧盟和英国房地产市场经历了繁荣，然而随着抵押贷款利率的飙升，许多消费者被阻挡在新房购买的门槛之外。尽管新房装修的需求有所下降，但越来越多的欧洲人开始转向对其现有房产的维修、保养和翻新工作，这有助于提升硬件与家居装修产品的销售。这一趋势在COVID-19疫情期间加速，由于人们被迫居家隔离，他们寻求刷新生活环境，并发现自己有更多时间投入到DIY项目中。许多政府将硬件与家居装修商店视为必需品行业，允许它们在封锁期间保持营业。