Bedroom Furniture - Kuwait | Statista Market Forecast

In Kuwait, the revenue generated in the Bedroom Furniture market in 2024 amounts to US$228.40m.
The market is projected to experience an annual growth rate of 5.00% (CAGR 2024-2029).
When compared globally, United States generates the highest revenue in this segment, with a total of US$41bn in 2024.
In terms of per capita revenue, each person in Kuwait generates US$52.51 in 2024.
Kuwait's market for bedroom furniture is experiencing a surge in demand for luxury and customized pieces, reflecting the country's affluent consumer preferences.

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 Kuwait has been experiencing steady growth in recent years. Customer preferences in Kuwait lean towards high-quality, luxurious bedroom furniture. This trend is driven by the country's affluent population and their desire for comfortable and stylish living spaces. Additionally, the local special circumstances in Kuwait, such as the hot climate and limited space, also play a role in shaping the market.

Customer preferences: In Kuwait, customers have a strong preference for high-quality bedroom furniture that offers both comfort and style. The country's affluent population is willing to invest in luxurious pieces that enhance the overall aesthetics of their bedrooms. Customers value furniture that is durable and long-lasting, as they seek to make a one-time investment in their bedroom furniture. Additionally, there is a growing demand for customized and bespoke furniture, as customers look for unique pieces that reflect their personal style and taste.

Trends in the market: One of the key trends in the Bedroom Furniture market in Kuwait is the increasing popularity of modern and contemporary designs. Customers are moving away from traditional, ornate furniture towards sleek and minimalist styles. This shift can be attributed to the influence of global design trends and the desire for a more streamlined and clutter-free look. Another trend is the use of eco-friendly materials and sustainable manufacturing practices. Customers in Kuwait are becoming more conscious of the environmental impact of their purchases and are seeking furniture made from renewable resources.

Local special circumstances: The hot climate in Kuwait has a significant impact on the Bedroom Furniture market. Customers prefer furniture that is made from materials that can withstand high temperatures and humidity. Lightweight materials such as rattan and wicker are popular choices as they provide a cool and airy feel. Additionally, the limited space in Kuwait's urban areas also influences customer preferences. Compact and multi-functional furniture, such as storage beds and modular wardrobes, are in high demand as they help maximize the use of limited space.

Underlying macroeconomic factors: The growth of the Bedroom Furniture market in Kuwait is also influenced by underlying macroeconomic factors. The country's strong economy and high per capita income contribute to the increasing purchasing power of consumers. The government's investment in infrastructure projects and the development of new residential areas also drive the demand for bedroom furniture. Furthermore, the growing expatriate population in Kuwait creates a diverse customer base with varying preferences, further fueling the market growth. In conclusion, the Bedroom Furniture market in Kuwait is developing in response to customer preferences for high-quality, luxurious furniture, the influence of global design trends, and the local special circumstances of the hot climate and limited space. The market is also supported by underlying macroeconomic factors such as the country's strong economy and growing expatriate population.

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.