Lesotho’s decor and finishes market is showing promising signs of growth and vibrancy.
The market generated approximately US$3.75 million in 2024 and is expected to grow at an annual rate of 1.40% (CAGR 2024-2029). It includes a variety of decorative items such as statuettes, flowerpots, vases, and other ornamental articles made from ceramic, porcelain, or china. Traditional handcrafted decorations made from natural materials are also gaining popularity.
There is a growing appreciation for locally crafted traditional Basotho home decor items, reflecting the cultural heritage and artisanal craftsmanship unique to Lesotho.
Similar to global trends, there is an increasing focus on sustainable and eco-friendly practices, with consumers showing a preference for products made from renewable materials and environmentally friendly processes.
The market is projected to reach a volume of US$7.98 million by 2029. This growth will be driven by changing customer preferences and a desire to personalize and beautify living spaces.
The rise of eCommerce platforms is expected to play a significant role in the market’s expansion, offering convenient shopping experiences and access to a wider range of products.
Overall, the decor and finishes market in Lesotho is vibrant and poised for continued growth.
With a focus on local craftsmanship, sustainability, and the integration of eCommerce, the market is set to thrive and meet the evolving needs of consumers.
Source: Arican Property News – Joycelyn Marigold
