Bedroom Furniture - Egypt

Egypt

In Egypt, the revenue generated in the Bedroom Furniture market in 2024 amounts to US$252.00m.
It is projected that the market will grow annually by 4.92% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this segment, with US$41,450m in 2024.
Looking at the per capita figures, in 2024, each person in Egypt generates US$2.20 in revenue in the Bedroom Furniture market.
The Egyptian market for bedroom furniture is experiencing a surge in demand for traditional, handcrafted pieces that showcase the country's rich cultural heritage.

Key regions: Denmark, Germany, China, United States, Worldwide

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.

Market

Region

Region comparison

Currency

Analyst Opinion

The Bedroom Furniture market in Egypt is experiencing significant growth and development due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors.

Customer preferences: in Egypt have shifted towards more modern and stylish bedroom furniture. Consumers are increasingly seeking furniture that is not only functional but also aesthetically pleasing and in line with the latest design trends. This change in preferences is driven by the increasing influence of global design trends and the desire to create a more contemporary and visually appealing living space. As a result, there is a growing demand for bedroom furniture that incorporates sleek designs, clean lines, and innovative materials.

Trends in the market: also play a crucial role in the development of the Bedroom Furniture market in Egypt. One of the prominent trends is the growing popularity of online shopping. With the increasing penetration of internet and smartphones, consumers are now more inclined to purchase furniture online, as it offers convenience, a wide range of options, and competitive prices. This trend has led to the emergence of online furniture retailers and has significantly contributed to the growth of the market.

Local special circumstances: in Egypt further contribute to the development of the Bedroom Furniture market. The country has a large and growing population, with a significant portion of the population being young and urban. This demographic presents a lucrative market for bedroom furniture, as young urban dwellers are more likely to invest in furniture for their homes. Additionally, the increasing urbanization and rising disposable incomes in Egypt have also contributed to the growth of the market, as people are willing to spend more on furniture to create a comfortable and stylish living space.

Underlying macroeconomic factors: also play a significant role in the development of the Bedroom Furniture market in Egypt. The country has experienced stable economic growth in recent years, which has resulted in an increase in consumer spending power. This has positively impacted the demand for bedroom furniture, as consumers are more willing and able to invest in higher-quality and more expensive products. Furthermore, the government's initiatives to promote the real estate sector and urban development have also contributed to the growth of the market, as new housing projects create a demand for furniture. In conclusion, the Bedroom Furniture market in Egypt is developing due to changing customer preferences, emerging market trends, local special circumstances, and underlying macroeconomic factors. The shift towards more modern and stylish furniture, the growing popularity of online shopping, the young and urban population, and the stable economic growth in the country are all contributing to the growth and development of the market.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments 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.