Bedroom Furniture - Switzerland | Statista Market Forecast

In Switzerland, the revenue generated in the Bedroom Furniture market is estimated to reach US$1.00bn in 2024.
It is projected to experience an annual growth rate of 4.35% (CAGR 2024-2029).
Comparing globally, United States generates the highest revenue in this segment, amounting to US$41bn in 2024.
In terms of per capita revenue, in Switzerland generates approximately US$113.10 per person in 2024.
Switzerland's demand for high-quality, minimalist bedroom furniture is driven by the country's appreciation for precision and functionality in design.

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 Switzerland is experiencing steady growth due to the changing customer preferences and underlying macroeconomic factors.

Customer preferences: Swiss customers have shown a growing preference for high-quality and durable bedroom furniture. They value functionality and design, and are willing to invest in pieces that can withstand the test of time. Additionally, there is an increasing demand for eco-friendly and sustainable furniture options, as Swiss consumers are becoming more conscious about the environmental impact of their purchases.

Trends in the market: One of the major trends in the Bedroom Furniture market in Switzerland is the rise of online retail. With the convenience of online shopping and the ability to compare prices and products easily, more and more Swiss customers are turning to online platforms to purchase their bedroom furniture. This trend has been further accelerated by the COVID-19 pandemic, as people spend more time at home and prefer to shop online to minimize physical contact. Another trend is the growing popularity of multifunctional bedroom furniture. As living spaces in Switzerland tend to be smaller, customers are looking for furniture that can serve multiple purposes, such as beds with built-in storage or desks that can be transformed into dressing tables. This trend reflects the need for space-saving solutions in urban areas.

Local special circumstances: Switzerland is known for its high standard of living and strong purchasing power. Swiss customers are willing to invest in quality bedroom furniture that can enhance their living spaces and provide long-term value. This creates a favorable market environment for manufacturers and retailers in the Bedroom Furniture industry.

Underlying macroeconomic factors: The stable economy and high disposable income levels in Switzerland contribute to the growth of the Bedroom Furniture market. With a low unemployment rate and high wages, Swiss consumers have the financial means to invest in home furnishings. Additionally, the country's strong housing market, with a high homeownership rate, drives the demand for bedroom furniture as homeowners seek to furnish and decorate their properties. In conclusion, the Bedroom Furniture market in Switzerland is witnessing growth driven by customer preferences for high-quality, durable, and eco-friendly furniture. The rise of online retail and the demand for multifunctional furniture are shaping the market trends. The country's strong economy and high disposable income levels further support 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.