Bedroom Furniture - Algeria | Statista Market Forecast

In Algeria, the revenue generated in the Bedroom Furniture market is estimated to be US$252.00m in 2024.
It is projected that the market will experience an annual growth rate of 5.00% (CAGR 2024-2029).
When compared to other countries worldwide, United States generates the highest revenue in this segment, reaching US$41bn in 2024.
Looking at the per-person figures in Algeria, the revenue generated in 2024 amounts to US$5.45.
The demand for high-quality, locally-made bedroom furniture in Algeria is on the rise, as consumers prioritize supporting domestic industries.

Definition:

The Bedroom Furniture segment refers to those movable objects that are designed to be used in a bedroom, which is typically a space used for sleeping, dressing, and storage. It includes items such as beds, dressers, nightstands, and wardrobes, which are intended to make the room comfortable, functional, and aesthetically pleasing.

Structure:

The Bedroom Furniture segment is divided into four subsegments:

The Beds subsegment refers to furniture designed primarily for sleeping, which typically consist of a frame and mattress. This subsegment focuses on the frame and covers additional elements such as headboards, footboards, or storage drawers.
The Mattress subsegment refers to the long rectangular pad that is placed on top of a bed frame and is used to provide a comfortable sleeping surface. Mattresses come in a wide variety of sizes, from twin to king, and levels of firmness to suit individual preferences.
The Closets, Nightstands, & Dressers subsegment includes a range of storage furniture designed for bedrooms. These pieces are used to store and organize clothing, linens, and personal items, providing both functional and aesthetic value to the space.
The Bedding subsegment refers to products designed to enhance the comfort and functionality of a bed, including sheets, blankets, comforters, pillows, and mattress toppers. These products are available in a range of materials, styles, and sizes to suit individual preferences and needs.

Additional Information:

The Bedroom Furniture segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment 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.

Beds
Mattresses
Beddings
Dressers, nightstands, and closets

Consumer electronics
Household appliances
Lamps and lighting
Floor covering

The Bedroom Furniture market in Algeria is experiencing significant growth and development.

Customer preferences: Algerian customers have shown a strong preference for stylish and modern bedroom furniture. They are increasingly looking for furniture that not only provides functionality but also adds aesthetic value to their homes. This has led to a rise in demand for contemporary designs and innovative features in bedroom furniture. Customers also prioritize comfort and durability, as they seek furniture that will last for a long time.

Trends in the market: One of the key trends in the Bedroom Furniture market in Algeria is the increasing demand for space-saving furniture. As urbanization continues to accelerate, many Algerians are living in smaller apartments or houses with limited space. This has created a need for compact and multifunctional furniture that can maximize the use of available space. Examples of such furniture include storage beds, folding beds, and modular wardrobes. Another trend in the market is the growing popularity of eco-friendly and sustainable bedroom furniture. Algerian customers are becoming more conscious of the environmental impact of their purchasing decisions and are actively seeking furniture made from sustainable materials. This trend is driven by a combination of factors, including increased awareness of climate change and environmental issues, as well as government initiatives promoting sustainability.

Local special circumstances: Algeria has a young and growing population, which is contributing to the demand for bedroom furniture. As more young people move out of their parents' homes and establish their own households, the need for bedroom furniture increases. Additionally, the rising middle class in Algeria has more disposable income, allowing them to invest in higher-quality furniture for their homes.

Underlying macroeconomic factors: The Bedroom Furniture market in Algeria is also influenced by several macroeconomic factors. The country's economic growth and stability have improved in recent years, leading to increased consumer confidence and spending power. This has had a positive impact on the furniture market as consumers feel more comfortable making larger purchases, such as bedroom furniture. Furthermore, the government's efforts to promote the housing sector have also contributed to the growth of the bedroom furniture market. The construction of new residential buildings and the renovation of existing ones have created a demand for furniture, including bedroom furniture. The government's focus on affordable housing has also made furniture more accessible to a wider range of consumers. In conclusion, the Bedroom Furniture market in Algeria is experiencing growth and development driven by customer preferences for stylish and modern furniture, trends such as space-saving and eco-friendly designs, local special circumstances including a young population and rising middle class, and underlying macroeconomic factors such as economic growth and government initiatives.

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

From homeware to office furniture, even expanding over to pet care, the furniture industry is all-encompassing and ever-growing. Be it homes, schools, offices, or even outdoors, furniture is what gives a room its function and purpose.