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 Egypt has been experiencing steady growth in recent years. Customer preferences have shifted towards more modern and stylish designs, as well as a focus on functionality and durability. This trend is in line with global market preferences, as consumers worldwide are increasingly looking for furniture that not only looks good but also meets their practical needs. In terms of trends in the market, there has been a rise in demand for modular kitchen and dining furniture in Egypt. This can be attributed to the growing urbanization and smaller living spaces in cities, where consumers are looking for furniture that can be easily customized and adapted to their specific needs. Modular furniture allows for flexibility in design and layout, making it a popular choice among urban dwellers. Another trend in the market is the increasing popularity of eco-friendly and sustainable kitchen and dining furniture. Consumers in Egypt, like many other countries, are becoming more conscious of the environmental impact of their purchases and are seeking out furniture made from sustainable materials. This trend is driven by a combination of factors, including increased awareness of climate change and the desire to support companies that prioritize sustainability. In addition to these global trends, there are also local special circumstances that are influencing the Kitchen & Dining Furniture market in Egypt. One such circumstance is the cultural preference for traditional designs. Egyptian consumers often value furniture that reflects their cultural heritage and traditions. This has led to a demand for furniture with traditional Egyptian motifs and craftsmanship. Furthermore, the economic conditions in Egypt have also played a role in the development of the market. The country has experienced economic growth in recent years, resulting in an increase in disposable income for many consumers. This has allowed them to invest in higher-quality furniture and prioritize aesthetics and functionality in their purchasing decisions. Overall, the Kitchen & Dining Furniture market in Egypt is driven by a combination of global trends and local preferences. Customers are increasingly looking for modern and stylish designs, as well as furniture that is functional and durable. The rise in demand for modular and eco-friendly furniture reflects the changing lifestyles and values of Egyptian consumers. Additionally, the cultural preference for traditional designs and the improving economic conditions in the country have also contributed 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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights