BHETA’s latest economic report into DIY, garden, housewares and small domestic electricals confirmed that while most sectors are experiencing year-on-year downturns, value and volume figures remain higher than prior to the pandemic.
BHETA marketing manager Steve Richardson said: “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, DIY, gardening and electrical sectors and provides an opportunity to benchmark individual businesses against the market. The report also includes information on the economic climate, how customers are shopping using Google, consumer behaviour and retail forecasts.
Mr Richardson added: “Fundamentally the report proves that while a majority of companies are experiencing a year-on-year 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.”