The forecasted import of Furniture, Lighting, Signs, and Prefabricated Buildings to Singapore shows a steady increase from 2024 to 2028, starting from 1.3687 billion USD in 2024 and reaching 1.4335 billion USD in 2028. This represents a consistent year-on-year growth pattern. Compared to the previous two years, the market experienced a moderate growth trend. The compound annual growth rate (CAGR) over the five-year forecast period suggests an average yearly increase, indicating a stable upward trajectory in value.
Future trends to watch for include potential impacts from global supply chain disruptions, shifts in consumer preferences towards sustainable and smart home products, and economic fluctuations that might influence import activities. Additionally, regulatory changes and advancements in manufacturing technologies could also play crucial roles in affecting the import dynamics of these goods to Singapore.