Kitchen & Dining Furniture - Angola

In Angola, the Kitchen & Dining Furniture market generates a revenue of US$40.07m in 2024.
It is projected to experience an annual growth rate of 2.54% (CAGR 2024-2029).
When compared globally, United States leads the market with a revenue of US$39bn in 2024.
In terms of per capita revenue, each person generates US$1.06 in 2024.
Despite its rich history and cultural significance, Angola has seen a growing demand for modern and minimalist kitchen and dining furniture in recent years.

Definition:

The Kitchen & Dining Furniture segment covers diferent movable objects designed for kitchen and dining rooms. These objects mainly meet people’s needs for eating, preparing food, or food storage and includes dining tables, baker’s racks, kitchen islands/carts, pantry storage, and various types of kitchenware. Items not considered include household appliances such as refrigerators, stoves, small kitchen appliances, and sinks and faucets.

Structure:

The Kitchen & Dining Furniture segment is divided into two subsegments:

The Dining Tables, Kitchen Islands & Pantries subsegment includes furniture pieces designed to enhance the functionality and aesthetics of kitchen and dining spaces. These products range from traditional dining tables to kitchen islands and pantry storage units, providing both practical and decorative value to the kitchen and/or dining spaces.
The Kitchenware subsegment refers to items which aid in the preparation and the serving of food. Products in this subsegment include cookware such as pots and pans, tableware such as cutlery and glassware, and other items that are essential for the preparation and serving of food.

Additional Information:

The Kitchen & Dining 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.

Dining tables
Kitchen islands and carts
Food pantries
Kitchenware

Household appliances
Cookware, kitchen, and cleaning utensils
Kitchen remodels

The Kitchen & Dining Furniture market in Angola is experiencing steady growth due to changing customer preferences and local special circumstances.

Customer preferences: in the Kitchen & Dining Furniture market in Angola are shifting towards more modern and stylish designs. Customers are increasingly looking for furniture that not only serves its functional purpose but also adds aesthetic value to their homes. This trend is influenced by global market trends, where consumers are seeking furniture that reflects their personal style and enhances the overall ambiance of their living spaces. As a result, manufacturers in Angola are focusing on producing furniture with sleek designs, clean lines, and contemporary finishes to cater to these evolving customer preferences. In addition to changing customer preferences,

Local special circumstances: are also contributing to the development of the Kitchen & Dining Furniture market in Angola. The country is experiencing rapid urbanization and an increase in disposable income, leading to a growing middle class. As more people move to urban areas and their purchasing power increases, there is a higher demand for quality furniture, including kitchen and dining furniture, to furnish their homes. This trend is further fueled by the fact that Angola has a young population, with a significant portion of the population entering the stage of setting up their own households. Furthermore, underlying macroeconomic factors are also playing a role in the growth of the Kitchen & Dining Furniture market in Angola. The country has been experiencing economic stability and positive gdp growth, which has resulted in increased consumer spending. This economic growth has created a favorable environment for businesses in the furniture industry, as consumers are more willing to invest in durable and high-quality products. Additionally, Angola has been investing in infrastructure development, which has improved transportation and logistics, making it easier for furniture manufacturers to distribute their products across the country. In conclusion, the Kitchen & Dining Furniture market in Angola is developing due to changing customer preferences for modern and stylish designs, local special circumstances such as urbanization and increasing disposable income, and positive macroeconomic factors including economic stability and infrastructure development. As these trends continue, the market is expected to further expand 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.