consumers want home accents that look one-of-a-kind
Wednesday, March 25th, 2009Sales of portable lighting and lamps were $1.97B in 2008, down from $2.12B the year before, with most consumers choosing not to update their lamps unless they’d stopped working.
Sales of wall decor were also down, but the lone bright spot was unconventional framed art, including wrought iron wall hangings, wall-shaped cube art and decorative plaques. It’s this specialty category that’s growing at the fastest rate, reflecting consumers’ desire for more unusual, personal and one-of-a-kind looks inspired by international cultures and flea markets.
While 2009 seems an ideal year to promote home furnishings that are made in America, it’s also seems a good year for retailers to promote accessories that look like they’ve come from somewhere else. Accents that look like they originate in an exotic destination provide an affordable, unique way for consumers to appreciate travel and other cultures, even if their travel budget is limited.