Decorations - Singapore
Singapore- In Singapore, the Decorations market generates a revenue of US$86.07m in 2024.
- It is projected to experience an annual growth rate of 3.98% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, amounting to US$9bn in 2024.
- In terms of per person revenues, in Singapore generates US$14.22 in 2024.
- Singaporean consumers are increasingly seeking out locally-made and sustainable decorations to support local artisans and reduce their carbon footprint.
- Key regions:
- Germany,
- Worldwide,
- China,
- Denmark,
- Brazil
Definition:
This segment covers a series of items used for room decoration that can be used to make a room more appealing. It includes statuettes, flowerpots, vases, and other ornamental articles made of ceramic, porcelain, or china, as well as furniture and cushion covers. Clocks, plants, flowers, mirrors, and other metal or wooden decorative accessories are excluded from this segment.
Additional Information:
The Decorations subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.
In-Scope
- Statuettes
- Flowerpots
- Vases
- Ceramic ornaments
- Porcelain ornaments
- China ornaments
- Cushion covers
Out-Of-Scope
- Clocks
- Plants and flowers
- Mirrors
- Metal and wooden decorative accessories
