In 2023, household expenditure on home furnishing in Sweden stood at 58.10 billion Swedish Kronas. Forecasted data indicates a steady increase in spending from 2024 to 2028, with values as follows: 59.56 billion SEK in 2024, 61.43 billion SEK in 2025, 63.28 billion SEK in 2026, 65.11 billion SEK in 2027, and 66.93 billion SEK in 2028. Year-on-year variations are noted as:
- 2024: 2.51% increase- 2025: 3.14% increase- 2026: 3.01% increase- 2027: 2.89% increase- 2028: 2.79% increase
Over the five-year period, the Compound Annual Growth Rate (CAGR) for household expenditure on home furnishing is approximately 2.87% per year.
Future trends to watch for include shifts in consumer preferences towards sustainable and eco-friendly furnishings, the impact of technological innovations in smart homes, and the potential influence of global economic conditions on spending power in Sweden.
