Bedroom Furniture - Belgium | Statista Market Forecast

In Belgium, the revenue generated in the Bedroom Furniture market in 2024 amounts to US$757.00m.
It is projected that this market will experience an annual growth rate of 1.67% from 2024 to 2029 (CAGR 2024-2029).
When comparing the global market, United States generates the highest revenue, reaching US$41bn in 2024.
In terms of per capita figures, the revenue per person in Belgium's Bedroom Furniture market is US$64.61 in 2024.
Belgium's bedroom furniture market is experiencing a rising demand for minimalist designs and eco-friendly materials.

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 Belgium has experienced significant growth in recent years. Customer preferences have shifted towards more modern and minimalist designs, with a focus on functionality and space-saving solutions. Additionally, the demand for sustainable and eco-friendly materials has also increased.

Customer preferences: In Belgium, customers have shown a strong preference for modern and minimalist bedroom furniture designs. This trend can be attributed to the growing popularity of contemporary interior design styles, which emphasize clean lines, simplicity, and functionality. Customers are increasingly opting for furniture pieces that are not only aesthetically pleasing but also practical and space-saving. Another important customer preference in the Belgian market is the demand for sustainable and eco-friendly bedroom furniture. With a growing awareness of environmental issues, customers are seeking furniture made from renewable materials and produced using sustainable manufacturing processes. This trend has led to an increase in the availability of eco-friendly options in the market, such as furniture made from recycled materials or certified sustainable wood.

Trends in the market: One of the key trends in the Bedroom Furniture market in Belgium is the rise of online retail. With the increasing popularity of e-commerce platforms, more customers are choosing to shop for furniture online. Online retailers offer a wide range of options, competitive prices, and convenient delivery services, making it an attractive option for customers. This trend has led to the growth of online furniture retailers and a shift in the traditional brick-and-mortar retail landscape. Another trend in the market is the customization of bedroom furniture. Customers are increasingly looking for personalized furniture solutions that cater to their specific needs and preferences. This trend has led to the emergence of companies offering customizable bedroom furniture, allowing customers to choose the materials, colors, and sizes of their furniture pieces. This customization trend is driven by the desire for unique and individualized bedroom spaces.

Local special circumstances: Belgium is known for its high quality and craftsmanship in furniture production. The country has a long tradition of furniture manufacturing, with many skilled artisans and manufacturers producing high-end furniture pieces. This reputation for quality has contributed to the demand for Belgian-made bedroom furniture both domestically and internationally. Another unique aspect of the Belgian market is the influence of the country's design culture. Belgium has a strong design heritage, with a focus on innovative and functional designs. This design culture has influenced customer preferences in the Bedroom Furniture market, with a preference for furniture that combines aesthetics with practicality.

Underlying macroeconomic factors: The growth in the Bedroom Furniture market in Belgium can be attributed to several macroeconomic factors. Firstly, the country's stable economy and high disposable income levels have contributed to increased consumer spending on furniture. With more purchasing power, customers are willing to invest in high-quality and well-designed bedroom furniture. Additionally, the growing trend of urbanization in Belgium has also influenced the Bedroom Furniture market. As more people move into urban areas and live in smaller spaces, there is a greater demand for compact and multifunctional furniture solutions. This trend has led to the development of space-saving bedroom furniture options that cater to the needs of urban dwellers. In conclusion, the Bedroom Furniture market in Belgium is experiencing growth due to customer preferences for modern and minimalist designs, the demand for sustainable and eco-friendly materials, and the influence of the country's design culture. The market is also influenced by the rise of online retail and the trend towards customization. These trends are driven by underlying macroeconomic factors such as the stable economy, high disposable income levels, and the growing trend of urbanization.

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.