The revenue is forecast to experience significant growth in all segments in 2029. Particularly striking is the exceptionally strong increase in the segment Furniture towards the end of the forecast period. The value amounting to 258 million U.S. dollars stands out significantly from the average changes, which are estimated at 64.5125 million U.S. dollars.
Revenue in the furniture market for different segments in Denmark from 2018 to 2029
(in million 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. (September 10, 2024). Revenue in the furniture market for different segments in Denmark from 2018 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1491083/forecast-revenue-in-the-furniture-market-in-denmark
Statista. "Revenue in the furniture market for different segments in Denmark from 2018 to 2029 (in million U.S. dollars)." Chart. September 10, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1491083/forecast-revenue-in-the-furniture-market-in-denmark
Statista. (2024). Revenue in the furniture market for different segments in Denmark from 2018 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1491083/forecast-revenue-in-the-furniture-market-in-denmark
Statista. "Revenue in The Furniture Market for Different Segments in Denmark from 2018 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/forecasts/1491083/forecast-revenue-in-the-furniture-market-in-denmark
Statista, Revenue in the furniture market for different segments in Denmark from 2018 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1491083/forecast-revenue-in-the-furniture-market-in-denmark (last visited November 05, 2024)
Revenue in the furniture market for different segments in Denmark from 2018 to 2029 (in million U.S. dollars) [Graph], Statista, September 10, 2024. [Online]. Available: https://www.statista.com/forecasts/1491083/forecast-revenue-in-the-furniture-market-in-denmark