In 2023, household expenditure on home goods in Norway stood at 1.90 thousand euros per capita. Forecasted data indicates a gradual increase in expenditure over the next five years, rising to 1.93 in 2024, 1.96 in 2025, 1.98 in 2026, 2.01 in 2027, and reaching 2.03 by 2028. The year-on-year percentage change reflects modest growth with around 1.55% in 2024, 1.55% in 2025, 1.02% in 2026, 1.52% in 2027, and 0.99% in 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 1.35%.
Future trends to watch for include potential impacts from economic shifts, changes in consumer behavior towards sustainability, and technological advancements in home goods that could influence spending patterns.
