Bedroom Furniture - Burkina Faso | Statista Market Forecast

In Burkina Faso, the Bedroom Furniture market generates a revenue of US$10.24m in 2024.
It is projected to experience an annual growth rate of 3.40% (CAGR 2024-2029).
When compared globally, United States generates the highest revenue in this segment, amounting to US$41bn in 2024.
Looking at the per capita figures, in 2024, each person in Burkina Faso contributes to a revenue of US$0.43.
Burkina Faso's bedroom furniture market is witnessing a surge in demand for locally made, handcrafted pieces that showcase traditional designs and craftsmanship.

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 Burkina Faso has been experiencing steady growth in recent years, driven by changing customer preferences and underlying macroeconomic factors.

Customer preferences: in Burkina Faso have shifted towards more modern and stylish bedroom furniture designs. Customers are increasingly looking for furniture that not only provides functionality but also enhances the aesthetic appeal of their bedrooms. This trend is in line with global market preferences, as consumers worldwide are seeking furniture that reflects their personal style and taste. As a result, manufacturers and retailers in Burkina Faso have been expanding their product offerings to include a wider range of contemporary bedroom furniture designs. In addition to changing customer preferences, there are several trends in the Bedroom Furniture market in Burkina Faso that are shaping its development. One such trend is the increasing demand for eco-friendly and sustainable furniture. As consumers become more conscious of the environmental impact of their purchasing decisions, they are seeking furniture made from sustainable materials and produced using environmentally friendly manufacturing processes. This trend is driven by global concerns about climate change and the need for more sustainable consumption patterns. Another trend in the market is the growing popularity of online shopping for bedroom furniture. With the increasing penetration of internet and smartphones in Burkina Faso, consumers are now more comfortable making online purchases. This trend is in line with the global rise of e-commerce, as consumers worldwide are increasingly turning to online platforms to buy furniture. Online shopping offers convenience, a wider range of options, and competitive pricing, which are attractive to customers in Burkina Faso. Local special circumstances also play a role in the development of the Bedroom Furniture market in Burkina Faso. The country has a young and growing population, with a rising middle class. This demographic shift has led to increased disposable income and a higher demand for consumer goods, including bedroom furniture. The government of Burkina Faso has also been implementing policies to promote local manufacturing and entrepreneurship, which has led to the growth of domestic furniture manufacturers.

Underlying macroeconomic factors: such as economic growth and urbanization, are also driving the development of the Bedroom Furniture market in Burkina Faso. The country has been experiencing steady economic growth, which has resulted in higher purchasing power and increased consumer spending. Additionally, urbanization has led to the construction of new residential buildings and the expansion of existing ones, creating a demand for bedroom furniture. In conclusion, the Bedroom Furniture market in Burkina Faso is developing in response to changing customer preferences, global market trends,

Local special circumstances: and underlying macroeconomic factors. The shift towards more modern and stylish designs, the demand for eco-friendly furniture, the rise of online shopping, the young and growing population, and the government's support for local manufacturing are all contributing to the growth of the market.

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.