Key Market Indicators
Norwegian home goods expenditure is projected to hit €11.35 billion by 2028, up from €10.44 billion in 2023. This marks an average annual growth rate of 1.3%. Since 1980, the demand for home goods in Norway has been rising steadily, with an average annual increase of 3.7%. In 2023, Norway was ranked 13th globally for home goods expenditure, with Switzerland surpassing it at a similar €10.44 billion. The top spots in this ranking were claimed by Italy, the United Kingdom, and France, which occupied the 2nd, 3rd, and 4th positions, respectively.
