Key Market Indicators
Cypriot home goods expenditure is projected to reach approximately €1.07 billion by 2028, up from around €970 million in 2023. This marks an average annual growth rate of 1.5%. Since 2000, the demand for home goods in Cyprus has increased by an average of 5.9% each year. In 2023, Cyprus ranked 30th in home goods expenditure, with Latvia slightly ahead at the same €970 million mark. Italy, the United Kingdom, and France secured the second, third, and fourth positions respectively in this ranking.
