PROSPECTS AND OPPORTUNITIES
Cautiously optimistic outlook for home improvement and gardening stores
Sales through home improvement and gardening stores are set to growing moderately over the forecast period. Outdoor and gardening products will continue to be very weather dependent with little growth potential for outdoor furniture or major investment items with consumers likely to remain conservative in their spending habits.
Pet shops and superstores should benefit from pet humanisation trend
Pet shops and superstores is projected to see steady growth in value terms (at constant 2024 prices) due to the increasing popularity of keeping pets among Swiss consumers. The pet humanisation trend is creating demand for products that allow owners to pamper their animals, enhance their health and wellbeing and create a strong, lasting bond with them.
Homewares and home furnishing stores will need to find new ways to keep customers coming back
Sales through homewares and home furnishing stores are set to see a slight decline in value terms (at constant 2024 prices) due to the increasing competition from other channels such as general merchandise stores, supermarkets and hypermarkets (for homewares), and e-commerce. Growing online portfolios as well as the lower priced offerings from foreign e-commerce marketplaces is increasing the pressure on existing store-based retailers.
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Overview:
Understand the latest market trends and future growth opportunities for the Home Products Specialists industry in Switzerland 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 Products Specialists industry in Switzerland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Home Products Specialists in Switzerland report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Home Products Specialists in Switzerland?
- Which are the leading retailers in Home Products Specialists in Switzerland?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Home Products Specialists in Switzerland - Category analysis
KEY DATA FINDINGS
Challenging market conditions put a dampener on sales through home improvement and gardening stores
Homewares and home furnishing stores thrive despite economic pressures
Ikea comes out on top following the opening of new outlets in 2024
Cautiously optimistic outlook for home improvement and gardening stores
Pet shops and superstores should benefit from pet humanisation trend
Homewares and home furnishing stores will need to find new ways to keep customers coming back
Retail in Switzerland - Industry Overview
Retail in 2024: The big picture
Retailers focus on making improvements to increase their appeal
Migros and Coop remain on top
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Easter
DISCLAIMER
The following categories and subcategories are included:
Home Products Specialists
- Home Improvement and Gardening Stores
- Homewares and Home Furnishing Stores
- Pet Shops and Superstores
Home Products Specialists
The aggregation of home improvement and gardening stores, homewares and home furnishing stores, and pet shops and superstores.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Home Products Specialists research and analysis database.
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