People spend more on home decor products after COVID-19

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people are spending more on home decor
People are spending more on home decor

People spend more on home decor products after COVID-19

People spend more on home decor products after COVID-19 crisis. There’s no question that the global outbreak of the COVID-19 virus had a strong impact on most businesses. After all, we were subject to overall confinement. However, not all businesses suffered the same way. In fact, besides supermarkets and grocery stores in general, one industry kept growing – home decor products.

During COVID-19 period

Since almost everyone had to stay at home, including work from home, it is natural that people started looking at their homes in a different way. While it is natural that we make the most to make our homes cozy, the truth is that we don’t usually spend a lot of time there. Between work and general errands, most people can only enjoy their homes during weekends. But the COVID-19 changed this perspective.

According to Statistica, in the United Kingdom, back in May 2020, people were mainly spending more money in:

  • Health and hygiene (e.g. medicine, hand sanitizer) – 36%
  • Food and drinks (e.g. shopping, takeaways, delivery) – 32%
  • Household cleaning products – 30%
  • Housing, energy, maintenance (e.g. electricity, waste disposal, DIY) – 25%
  • Home entertainment (e.g. video, games, books) – 21%
  • Hobbies – 16%

As you can easily imagine, a the bottom of the list were things like:

  • Going out (e.g. restaurants, cinemas, pubs / bars) – 1%
  • Services (e.g. hairdresser) – 2%
  • Insurance – 2%
  • Childcare – 3%

But in what is concerned with home decor products more specifically, this trend at Statistica is quite clear.

people are spending more on home decor
People are spending more on home decor

Between January and March 2020, both the home decor and furnishing platforms had a huge increase in demand. Since many people were forced to work from home, they had to ensure they had everything they needed just like they have in the workplace.

People spend more on home decor products after COVID-19

The truth is that people’s habits aren’t likely to change in the near future. After all, we continue to spend a lot more time at home, especially now what we are being hit with the second wave. While governments continue to state that it’s impossible for the economy to recover from a second confinement, they are adopting measures that are very similar to the ones we experienced.

Buying home decor products either for your home or as gifts is something that is a need. While not essential, they are never seen as secondary importance. This is why we should continue to see a rise in the demand for these products.

So, if you are working from home and you are looking for the best home decor products, you probably already know a couple of online shops where you can find great items. However, you need to check out Mooslain.

Simply put, Mooslain is a new online store where you can find the best home decor products at great prices. Besides, you don’t need to worry about getting out of the house. We will deliver these products to your door.