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:
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.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Company Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
The Bedroom Furniture market in Jordan has been experiencing steady growth in recent years. Customer preferences have shifted towards more modern and minimalist designs, reflecting global trends in the furniture industry. The market is also influenced by local special circumstances, such as cultural preferences and economic factors.
Customer preferences: in the Bedroom Furniture market in Jordan have evolved over time. Traditional and ornate designs used to dominate the market, but there has been a shift towards more modern and minimalist styles. This can be attributed to the influence of global design trends and the increasing preference for simplicity and functionality. Customers are now looking for furniture that is not only aesthetically pleasing but also practical and space-saving. As a result, manufacturers and retailers have started offering a wider range of contemporary designs to meet the changing demands of customers. Trends in the market also reflect the growing awareness of sustainability and eco-friendly practices. Customers are now more conscious about the materials used in the production of furniture and are opting for products made from sustainable sources. This trend is not unique to Jordan, but it is evident in the local market as well. Manufacturers are responding to this demand by using environmentally friendly materials and promoting their eco-friendly practices.
Local special circumstances: also play a role in shaping the Bedroom Furniture market in Jordan. The country has a rich cultural heritage, and this is reflected in the design preferences of customers. Traditional motifs and patterns are still popular among a certain segment of the market, and manufacturers cater to this demand by offering furniture with traditional elements. Additionally, economic factors such as income levels and affordability also influence customer preferences. As the economy grows and disposable incomes increase, customers are willing to spend more on high-quality furniture that offers both style and durability. Underlying macroeconomic factors also contribute to the development of the Bedroom Furniture market in Jordan. The country has witnessed a stable economic growth in recent years, which has positively impacted consumer spending power. The construction industry has also been booming, leading to an increased demand for furniture. As more residential and commercial projects are being developed, the demand for bedroom furniture is expected to continue growing. In conclusion, the Bedroom Furniture market in Jordan is evolving to meet the changing preferences of customers. The shift towards modern and minimalist designs, the growing emphasis on sustainability, and the influence of local cultural preferences are driving the market trends. Additionally, the stable economic growth and the booming construction industry are contributing to the development of the market. Manufacturers and retailers need to stay updated with these trends and adapt their offerings to cater to the evolving demands of customers.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights