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Dining Tables, Kitchen Islands & Pantries - Kyrgyzstan

Kyrgyzstan
  • In Kyrgyzstan, the revenue generated in the Dining Tables, Kitchen Islands & Pantries market is estimated to be US$619.60k in 2024.
  • It is projected that the market will experience an annual growth rate of 0.86% (CAGR 2024-2029).
  • When compared globally, United States leads in terms of revenue generation, with US$32bn in 2024.
  • Taking into account the total population figures, it can be observed that in 2024, per person revenues amount to US$0.09.
  • This indicates the economic impact of the segment on an individual level.
  • The demand for locally crafted wooden dining tables is on the rise in Kyrgyzstan, reflecting the country's appreciation for traditional craftsmanship and natural materials.

Definition:

This segment covers furniture which is involved in the dining process and used for the production, transportation, and consumption of food and drink, proving to be essential in everyday activities of a household. This market segment includes various furniture including pantries as well as kitchen carts and dining tables. However, dining chairs, household appliances, cookware, kitchen, and cleaning utensils are excluded.

Additional Information:

The Dining Tables, Kitchen Islands & Pantries subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment 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.

In-Scope

  • Dining tables
  • Kitchen islands and carts
  • Food pantries
  • Baker's racks

Out-Of-Scope

  • Dining chairs
  • Household appliances
  • Cookware, kitchen, and cleaning utensils
  • Kitchen remodels
Furniture

Furniture

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Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Nov 2024

Source: Statista Market Insights

Most recent update: Jul 2024

Source: Statista Market Insights

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Nov 2024

Source: Statista Market Insights

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 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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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