The latest economic report from BHETA, The British Home Enhancement Trade Association, into housewares, small domestic electricals, DIY and garden confirms that value and volume figures for these sectors remain higher than pre-pandemic, while others are experiencing year-on-year downturns.
BHETA Marketing Manager, Steve Richardson, commented: “The aim of the BHETA Quarterly Report, which is exclusive to members, is to pull together different sources of quantitative and qualitative market data to inform and bring the industry together in common causes.
“It is produced primarily with GlobalData to help improve a shared understanding of the market between retailers and suppliers, and also references other producers of contemporary market information.”
The report shows the performance of 24 key product categories across the Homewares, Electrical, DIY and Gardening sectors and provides an opportunity to benchmark individual businesses against the market. It also includes information on the economic climate, consumer behaviour and retail forecasts.
Mr Richardson added: “Fundamentally, the report proves that while a majority of companies are experiencing a YOY dip versus last year, the new consumers who entered the market over successive lockdowns are very much still there. Overall figures remain up with significant future opportunity vis a vis pre-pandemic 2019.
“It’s now all about how to make the most of things and we are grateful to our expert sponsors for their insights on the next moves forward.”
