Supported by the ongoing DIY culture in Malaysia, home paint is projected to be one of the most dynamic categories in home improvement over the forecast period both in value and volume terms. Moreover, new product launches under popular brands such as Nippon Paint, Jotun, and Dulux are likely to provide a boost to sales of home paint as well.
Power tools in Malaysia is projected to see a decline over the forecast period in value terms (at constant 2023 prices). This is primarily due to market saturation, with many consumers having already purchased essential power tools during the last few years of the review period.
The wall covering and floor covering categories are both set to record strong growth over the forecast period, underpinned by the desire among young consumers to live in aesthetically pleasing homes. Wall tiles and wallpaper can add more depth and colour to a room, as they come in a variety of colours and allow homeowners to complement or contrast with the room’s existing décor.
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Understand the latest market trends and future growth opportunities for the Home Improvement industry in Malaysia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Improvement industry in Malaysia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Improvement
Includes: products purchased by consumers through retail channels.Excludes: commercial sales to professional builders / tradesmen / contractors etc. Home improvement refers to bathroom and sanitaryware, decorating sundries, floor covering, hand tools, hardware, home paint, kitchen sinks, power tools, wall covering and other home improvement.
See All of Our DefinitionsThis report originates from Passport, our Home Improvement research and analysis database.
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