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:
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.
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
Most recent update: Mar 2024
Source: Statista Company Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
The Kitchen & Dining Furniture market in Eastern Africa is experiencing significant growth and development. Customer preferences in the region have shifted towards more modern and functional kitchen and dining furniture. Consumers are increasingly looking for furniture that is not only aesthetically pleasing, but also durable and easy to maintain. This trend is driven by the growing middle class in Eastern Africa, who have higher disposable incomes and are willing to invest in high-quality furniture for their homes. Additionally, urbanization and changing lifestyles have also influenced
Customer preferences: with more people opting for smaller and space-saving furniture designs. Trends in the market include the rising popularity of modular kitchen and dining furniture. These modular designs offer flexibility and can be customized to fit different spaces and layouts. They also provide efficient storage solutions, which is particularly important in smaller urban homes. Another trend is the use of sustainable materials in furniture production. Consumers in Eastern Africa are increasingly conscious of the environmental impact of their purchases and are seeking furniture made from eco-friendly materials such as bamboo and reclaimed wood. Local special circumstances in Eastern Africa also contribute to the development of the Kitchen & Dining Furniture market. The region has a rich cultural heritage, and there is a growing demand for furniture that reflects traditional African designs and craftsmanship. Local artisans and craftsmen are playing a key role in meeting this demand by creating unique and handcrafted furniture pieces. This trend not only supports local economies and preserves traditional skills, but also appeals to consumers who are looking for one-of-a-kind furniture that tells a story. Underlying macroeconomic factors are also driving the growth of the Kitchen & Dining Furniture market in Eastern Africa. The region has experienced steady economic growth in recent years, with increasing urbanization and rising incomes. This has led to a growing middle class with higher purchasing power and a greater demand for home furnishings. Additionally, government initiatives to promote the manufacturing sector and attract foreign investment have also contributed to the development of the furniture industry in Eastern Africa. In conclusion, the Kitchen & Dining Furniture market in Eastern Africa is experiencing growth and development due to changing customer preferences,
Local special circumstances: and
Underlying macroeconomic factors:. The shift towards modern and functional furniture, the popularity of modular designs, the use of sustainable materials, and the demand for traditional African craftsmanship are all contributing to the market's expansion. With favorable economic conditions and a growing middle class, the future looks promising for the Kitchen & Dining Furniture market in Eastern Africa.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights