Kitchen & Dining Furniture - Austria

In Austria, the revenue generated in the Kitchen & Dining Furniture market is estimated to be US$774.10m in 2024.
It is projected that the market will experience an annual growth rate of 0.19% from 2024 to 2029 (CAGR).
When compared globally, United States leads in terms of revenue generation, with US$39bn in 2024.
In Austria, the per capita revenue in this segment is approximately US$86.23 in 2024.
Austria's demand for modern and minimalist kitchen and dining furniture is on the rise, with a focus on functionality and sleek design.

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 Austria is experiencing steady growth due to various factors such as changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Customers in Austria are increasingly looking for functional and stylish kitchen and dining furniture that can enhance the overall aesthetics of their homes. They prefer furniture pieces that are not only durable and of high quality but also offer practical storage solutions. Additionally, there is a growing demand for eco-friendly and sustainable products, as customers in Austria are becoming more conscious of their environmental impact.

Trends in the market: One of the key trends in the Kitchen & Dining Furniture market in Austria is the rise in demand for modular kitchen furniture. Modular kitchens offer flexibility and customization options, allowing customers to design their kitchens according to their specific needs and preferences. This trend is driven by the increasing number of smaller households and the need for space optimization. Another trend is the growing popularity of open-plan living spaces, which has led to an increased demand for dining furniture that seamlessly integrates with the kitchen area. Customers in Austria are looking for dining furniture that can serve multiple purposes, such as dining, working, and entertaining.

Local special circumstances: Austria has a strong tradition of craftsmanship and design, which influences the local market for kitchen and dining furniture. Customers in Austria appreciate high-quality craftsmanship and are willing to invest in premium furniture pieces that can last for years. This has created opportunities for local manufacturers and designers to cater to the specific tastes and preferences of the Austrian market.

Underlying macroeconomic factors: The stable economic growth in Austria has contributed to the growth of the Kitchen & Dining Furniture market. With a strong economy and a high standard of living, customers in Austria have the purchasing power to invest in home furnishings, including kitchen and dining furniture. Additionally, the increasing urbanization and rising disposable incomes have also fueled the demand for modern and functional kitchen and dining furniture. In conclusion, the Kitchen & Dining Furniture market in Austria is driven by changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. Customers in Austria are looking for functional and stylish furniture pieces that can enhance the aesthetics of their homes. The rise in demand for modular kitchen furniture and the popularity of open-plan living spaces are key trends in the market. The strong tradition of craftsmanship and design in Austria, along with the stable economic growth and high standard of living, contribute to 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.