Hardware & Home Improvement Stores in Norway - Market Research Report (2014-2029)
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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年之前的五年内,硬件及家居改进商店的营业收入将以1.4%的复合年增长率增长,达到1558亿欧元。私人对家居装修与维护、建筑活动、环保意识以及家庭数量的增加,均对销售额产生着各自的影响。在2023年之前,欧盟和英国房地产市场经历了繁荣,但随着抵押贷款利率的飙升,众多买家被遏制。尽管对新房装修的需求有所下降,但越来越多的欧洲人开始关注他们现有房产的维修、维护和翻新工作,从而推动了硬件及家居改进产品销售额的增长。这一趋势在COVID-19疫情期间加速,人们因居家隔离而寻求刷新居住环境,并发现自己有更多时间投入于DIY项目。许多政府将硬件及家居改进商店视为必要企业,允许其在封锁期间继续营业。
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