Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The global households composition is being reshaped by technology, demographics and economics, resulting in changing familial structure and attitudes towards home. With consumers increasingly valuing ownership over renting, home is being entrenched as an important place for work, study and entertainment, and many opt for simplicity and smart home functionality. Singleton households are on the rise, and there will be key milestones reached in possession of household durables and homeownership.
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