Key Market Indicators
Luxembourger spending on home goods is projected to hit €1.85 billion by 2028, rising from €1.67 billion in 2023, according to recent forecasts. This marks a compound annual growth rate (CAGR) of approximately 1.6%. Since 2000, the demand for home goods in Luxembourg has consistently increased at an average annual rate of 4.1%. Despite this steady growth, Luxembourg was ranked 26th in the global home goods expenditure rankings for 2023. Serbia narrowly edged out Luxembourg with an expenditure of €1.67 billion. Meanwhile, Italy, the United Kingdom, and France secured the second, third, and fourth spots, respectively, in the same ranking.
