Home Office Furniture - Mauritius

The Home Office Furniture market in Mauritius is projected to generate a revenue of US$11.65m in 2024.
According to the forecast, the market is expected to experience an annual growth rate of -2.54% (CAGR 2024-2029).
When compared to other countries worldwide, United States leads in revenue generation, with a staggering US$19bn in 2024.
In terms of per capita income, in Mauritius is estimated to generate US$8.95 per person in 2024.
The demand for ergonomic home office furniture in Mauritius is on the rise, driven by the increasing number of professionals working remotely.

Definition:

The Home Office Furniture segment focuses on furniture found in the home that provide a comfortable and motivating work space. The purpose of home office furniture is to ensure a good working environment similar to that of a traditional office as working from home has become more popular in recent years. This segment includes objects such as swivel seats and office tables; however, furniture such as dining tables and chairs are not included. Consumer electronics and lamps & lighting are also excluded from this segment.

Structure:

The segment is divided into two subsegments:

The Desk & Chairs subsegment covers home office furniture designed to provide comfort, functionality, and ergonomic support to enhance productivity and improve the overall working experience.
The Bookcases & Filing Cabinets subsegment covers furniture pieces designed for storage and organization of books, files, documents, and other materials. These products are available in various sizes, styles, and materials to suit different needs and preferences.

Additional Information:

The Home Office 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.

Office chairs and swivel seats
Office desks and tables
Filing Cabinets and drawers
Bookcases
Office stools

Consumer electronics
Household appliances
Lamps and lighting
Dining and bar tables

The Home Office Furniture market in Mauritius is experiencing significant growth due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors.

Customer preferences: in the Home Office Furniture market in Mauritius have shifted towards more functional and ergonomic designs. Customers are seeking furniture that not only enhances their productivity but also provides comfort during long working hours. This has led to an increased demand for adjustable desks, ergonomic chairs, and storage solutions that help in organizing workspaces efficiently.

Trends in the market: indicate a growing preference for compact and space-saving furniture. With the rise of remote work and the need for home offices in smaller living spaces, customers are looking for furniture that can fit into limited areas without compromising on functionality. This has led to the popularity of modular furniture systems that can be customized and rearranged to suit individual needs. Another trend in the Home Office Furniture market in Mauritius is the increasing demand for eco-friendly and sustainable products. Customers are becoming more conscious of their environmental footprint and are opting for furniture made from recycled or sustainable materials. This trend is driven by a growing awareness of the impact of furniture production on the environment and a desire to contribute to a greener future.

Local special circumstances: such as the limited availability of office spaces and the high cost of commercial rentals, have also contributed to the growth of the Home Office Furniture market in Mauritius. Many individuals and small businesses are opting to work from home or set up small home offices to reduce costs and increase flexibility. This has created a need for furniture that can transform living spaces into functional work environments.

Underlying macroeconomic factors: such as the growth of the digital economy and the increasing number of freelancers and remote workers, have further fueled the demand for Home Office Furniture in Mauritius. The rise of e-commerce platforms has made it easier for customers to access a wide range of furniture options and compare prices, leading to increased competition among manufacturers and retailers. In conclusion, the Home Office Furniture market in Mauritius is experiencing growth due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The shift towards functional and ergonomic designs, the demand for compact and space-saving furniture, the preference for eco-friendly products, the limited availability of office spaces, and the growth of the digital economy are all contributing to the development of the market. As the trend of remote work continues to grow, the demand for Home Office Furniture is expected to increase in the coming years.

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.