Key Market Indicators
Iceland's expenditure on home goods is projected to rise to approximately €734 million by 2028, up from €674 million in 2023. This growth represents an average annual increase of 1.3%. Since 2000, the demand for home goods in Iceland has grown at an average rate of 1.9% per year. In 2023, Iceland ranked 33rd globally in home goods expenditure, with Albania surpassing it at the same expenditure level of €674 million. Italy, the United Kingdom, and France held the second, third, and fourth positions, respectively, in this ranking.
