Market Insights Consumer Furniture Home Office Furniture

Bookcases & Filing Cabinets - Suriname

Suriname

in Suriname, a country South_America, is no exception to the global market trends.
In the Bookcases & Filing Cabinets market, revenue reached an impressive US$277.60k in 2024.
Looking ahead, the market is projected to experience a steady annual growth rate of 3.46% from 2024 to 2029 (CAGR 2024-2029).
When compared to other countries around Worldwide, it becomes evident that in the United States leads the pack in terms of revenue generation.
In 2024 alone, in the United States generated a staggering US$4,572m in this segment.
To put these revenue figures into perspective, we can examine the per capita revenues.
In 2024, in Suriname saw per person revenues of US$0.44.
This metric allows us to understand the individual economic impact of the Bookcases & Filing Cabinets market on the population of Suriname.
Despite Suriname's small population, the demand for bookcases and filing cabinets remains steady due to the country's commitment to education and bureaucracy.

Key regions: France, Worldwide, Canada, India, Germany

Market

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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.