TRENDS & MORE – WHAT TO EXPECT IN 2024

It’s an annual anticipated event at the start of every new year for analysts and experts to predict and share the hottest trends that we can expect to shape a range of industries in the coming months – from tech to clothing, travel, décor and more.

One area that is keenly watched by enthusiasts is home design, renovation, and DIY trends. Orlando Luis, CEO of BRIGHTS Hardware, a leading independent hardware retailer, shares some insights on what South Africans can expect in 2024 when it comes to DIY, home maintenance, upgrades, and renovating.

Airbnb rentals and multi-generational living

“More and more people are converting parts of their homes into income-generating short-term rental spaces that they advertise on platforms such as Airbnb etc. This is an effective way to make some additional income on the side and many hosts enjoy the social interaction with their guests – who can come from all over the world.”

“In 2024 we expect to see this trend continue, particularly in Cape Town, which is a tourism hotspot, and so home renovations will be in keeping with this as plans are drawn, rooms and bathrooms added, kitchenettes installed and more.”

“In addition to this, multi-generational living also continues to gain traction as families pool their resources and move into shared properties. In this light, we expect to see more homes being renovated, such as garage conversions or extensions, to accommodate extended family, ageing parents, adult children etc,” says Luis. “Good news for those considering some building work is that the price of PPC cement only increased by 4% in January which is less than previous years.”

Green solutions remain a top trend

“A trend that is not going anywhere anytime soon is greener homes, with more people looking at fresh and additional ways to adopt more sustainable principles in their homes. In this light we will continue to see new and innovative “green” products hitting the shelves in hardware stores,” says Luis.

“However, financial constraints will possibly put a dampener on how fast this sector could grow and some of the smart solutions to more sustainable homes do come with a higher price tag, so whilst this trend is here to stay, in SA it is for the more selective customer.

Demand for alternative energy solutions could slow

“Surprisingly, even with ongoing load-shedding, Luis advises that the sales of alternative energy solutions such as solar panels etc. have dropped off, with many consumers only reacting when there are consistent stage 4 and above power cuts. Added to this, the price of solar panels has dropped and the market is overstocked. The same applies to generators.”

“Looking forward into 2024 we anticipate this to be the status quo. However, it could all be turned on its head by the container situation in Durban which could possibly lead to stock shortages by February – it is hard to predict for sure,” says Luis.

Tool trends see cordless stay on top

“Tool trends continue to see everything go cordless and this will remain the case in 2024. Going battery-powered means getting rid of the hassle of plugs and long extension cords when working with power tools – plus if your batteries are charged you can continue to work through load-shedding.” Luis explains that most power tools work off the same 18V battery platform and these batteries are interchangeable. From impact drills to circular saws, glue guns to screwdrivers – these are all available in cordless versions and most new power tools entering the market are cordless. This even includes power tools for gardening such as hedge trimmers, chainsaws and even lawn mowers.”

Cost cutting remains a focus

“Overall, trends in consumer buying habits have shown that price is more important than ever before, and manufacturers and suppliers will need to be sure to keep bringing products to market in 2024 that meet the needs of the increasingly budget-conscious.”

“As part of this drive to cut costs, we will continue to see South Africans embracing upcycling and this in turn ties into the trend of going green and seeking more sustainable solutions,”

South Africans embrace doing it themselves

According to Luis, 2024 will also see more South Africans embracing DIY. “The DIY movement allows people to save money, get the job done quickly without waiting for a contractor and provides a wonderful sense of accomplishment at a job self-done.”

“We have seen an increase in sales of paint, brushes and tools as people strive to maintain and improve their homes and anticipate this to remain a trend in 2024 as people spend more money on their homes rather than on travel – which was the main focus after COVID.”

Tip: “It’s a good idea to purchase your paint before March 2024 when the new prices are implemented,” advises Luis.

BRIGHTS Hardware stores have on-site experts in all of our branches to provide advice and guidance on any product, building and renovating trends. Stores are located in Boston, Blackheath, Langebaan, Mitchells Plain, Richmond Park, Plattekloof, Stonewood, Brackengate and Sunningdale. An online store shopping experience is available at www.brights.co.za which offers delivery to anywhere in South Africa. Brights also offers same-day delivery in the Western Cape for products purchased online.