Key Market Indicators
The British home goods sector is projected to see a boost in spending, with expenditures expected to hit €76 billion by 2028. This marks an increase from the €72 billion recorded in 2023, reflecting a compound annual growth rate (CAGR) of 0.9%. Since the year 2000, the United Kingdom has seen a steady rise in home goods demand, averaging an annual growth rate of 0.8%. Despite this upward trend, the UK ranked third in 2023, as Italy surpassed it with expenditures also reaching €72 billion. In the latest rankings, Italy, the United Kingdom, and France secured the second, third, and fourth positions, respectively, highlighting a competitive landscape in the European home goods market.
