by rotaSource: Euler Hermes
Euler Hermes* predicts a significant recovery of household items market in 2021 and 2022. Global sales in the consumer goods industries, such as homeware and furniture, appear to be on the rise, especially in Europe.
It is estimated that in 2021 homeware sales will apparently increase again, thanks to the expected retail opening and the emerging accumulated consumer interest to improve the interior of houses. In particular, Euler Hermes expects rise of this year home items sales by 5% to 10%, while the industry will recover totally in 2022, leaving the crisis behind for good.
*Euler Hermes is active in Greece and worldwide in the provision of financial consulting services and conducting financial research.
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