Bedroom Furniture - Southern Africa

Southern Africa

In Southern Africa, the revenue generated in the Bedroom Furniture market in 2024 amounts to US$353m.
It is projected that this market will experience an annual growth rate of 0.72% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States generates the highest revenue in this segment, reaching US$46,500m in 2024.
In terms of per person revenues, in Southern Africa generates US$5.03 in 2024.
The demand for locally made, eco-friendly bedroom furniture is on the rise in Southern Africa, as consumers prioritize sustainable and ethically sourced products.

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 Southern Africa has been experiencing significant growth in recent years. Customer preferences in Southern Africa have been shifting towards more modern and stylish bedroom furniture designs. Customers are looking for furniture that not only provides functionality but also adds aesthetic value to their bedrooms. This trend is in line with global market preferences, as customers around the world are increasingly seeking out contemporary and visually appealing furniture options. One of the key trends in the Bedroom Furniture market in Southern Africa is the growing demand for eco-friendly and sustainable furniture. Customers are becoming more conscious of the environmental impact of their purchasing decisions and are actively seeking out furniture made from sustainable materials. This trend is driven by a combination of factors, including increased awareness of environmental issues and a desire to support companies that prioritize sustainability. Another trend in the market is the rise of online shopping for bedroom furniture. With the increasing availability of internet access and the convenience of online shopping, more customers in Southern Africa are turning to online retailers to purchase their bedroom furniture. This trend mirrors the global shift towards e-commerce in the furniture industry, as customers appreciate the convenience of browsing and purchasing furniture from the comfort of their own homes. Local special circumstances in Southern Africa also play a role in the development of the Bedroom Furniture market. The region has a growing middle class population with increasing disposable income, which has led to a higher demand for quality bedroom furniture. Additionally, urbanization and the growth of the real estate sector in Southern Africa have contributed to the demand for bedroom furniture, as more people are moving into new homes and apartments. Underlying macroeconomic factors have also influenced the growth of the Bedroom Furniture market in Southern Africa. Economic stability and a growing gdp have provided consumers with more purchasing power, allowing them to invest in higher quality and more expensive bedroom furniture. Furthermore, the increasing urbanization and development of infrastructure in the region have contributed to the growth of the market, as more people are moving into urban areas and requiring furniture for their new homes. Overall, the Bedroom Furniture market in Southern Africa is experiencing growth due to changing

Customer preferences: the rise of online shopping,

Local special circumstances: and

Underlying macroeconomic factors:. As the region continues to develop and the middle class population grows, the demand for bedroom furniture is expected to further increase.

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.