The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all seven different segments by the end of the comparison period. Notably, the segment Living Room Furniture stands out with the highest value of 16.63 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The Furniture market covers different movable objects designed to support various human activities such as sitting, sleeping, and storing items. These objects can include chairs, tables, beds, couches, and cabinets, among others. The design and layout of furniture can have a significant impact on the comfort and functionality of a space, making it an important aspect of interior design and home decor.
Structure:
The Furniture market is divided into seven segments:
The Living Room Furniture segment focuses on furnishings such as sofas, side tables, and media cabinets typically found in the living room. This segment is divided into the following subsegments: Seats & Sofas and Cabinets, TV Stands & Side Tables.
The Bedroom Furniture segment covers furnishings and other accessories used for sleeping and the storage of clothing and other personal items. This segment is divided into the following subsegments: Beds, Mattresses, Closets, Nightstands, & Dressers, and Bedding.
The Kitchen & Dining Furniture segment covers a diverse range of products that are used to meet people’s eating, food storage and preparation needs. This segment is divided into the following subsegments: Kitchenware and Dining Tables, Kitchen Islands & Pantries.
The Outdoor Furniture segment covers products specifically designed to withstand exposure to the elements, such as rain, sun, and wind, and is often made from materials that are weather-resistant.
The Home Office Furniture segment focuses on products that ensure a good working environment at home compared to that of a traditional office. This segment is divided into the following subsegments: Desks & Chairs and Bookcases & Filing Cabinets.
The Lamps & Lighting segment covers various devices and fixtures that provide illumination in a space. This segment is divided into the following subsegments: Table & Floor Lamps, Ceiling Lights & Chandeliers, and Light Bulbs & Fittings.
The Furniture market consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This market includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company, however, with the rise of eCommerce, players such as Wayfair are gaining ground.
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Statista Market Insights. (November 19, 2024). Revenue in the Furniture market for different segments Germany from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/forecasts/1442365/revenue-furniture-market-for-different-segments-germany
Statista Market Insights. "Revenue in the Furniture market for different segments Germany from 2019 to 2029 (in billion U.S. dollars)." Chart. November 19, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/forecasts/1442365/revenue-furniture-market-for-different-segments-germany
Statista Market Insights. (2024). Revenue in the Furniture market for different segments Germany from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/forecasts/1442365/revenue-furniture-market-for-different-segments-germany
Statista Market Insights. "Revenue in The Furniture Market for Different Segments Germany from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Nov 2024, https://www.statista.com/forecasts/1442365/revenue-furniture-market-for-different-segments-germany
Statista Market Insights, Revenue in the Furniture market for different segments Germany from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1442365/revenue-furniture-market-for-different-segments-germany (last visited December 22, 2024)
Revenue in the Furniture market for different segments Germany from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, November 19, 2024. [Online]. Available: https://www.statista.com/forecasts/1442365/revenue-furniture-market-for-different-segments-germany