Kitchen & Dining Furniture - Europe

In Europe, the revenue generated in the Kitchen & Dining Furniture market in 2024 amounts to US$29.05bn.
It is projected that the market will experience an annual growth rate of 2.67% (CAGR 2024-2029).
When compared globally, United States leads in terms of revenue generation, with US$39bn in 2024.
Taking into account the total population figures, per person revenues of US$34.43 are generated in Europe in 2024.
In Germany, there is a growing trend towards minimalist and functional kitchen and dining furniture, reflecting the country's preference for practicality and efficiency in 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 Europe has been experiencing steady growth in recent years. Customer preferences for stylish and functional furniture, along with a growing focus on home improvement and interior design, have contributed to the market's development. Additionally, local special circumstances and underlying macroeconomic factors have played a role in shaping the trends in this market.

Customer preferences: in Europe have shifted towards furniture that combines aesthetics with functionality. Consumers are increasingly looking for kitchen and dining furniture that not only complements their home decor but also offers practical features such as storage solutions and easy maintenance. This trend is driven by the desire to create a comfortable and efficient living space, where the kitchen and dining areas are not only functional but also visually appealing. Trends in the market indicate a growing demand for sustainable and eco-friendly kitchen and dining furniture. European consumers are becoming more conscious of the environmental impact of their purchases and are actively seeking products that are made from sustainable materials and produced using environmentally friendly processes. This trend is further supported by government regulations and initiatives promoting sustainability in the furniture industry. Another notable trend in the European Kitchen & Dining Furniture market is the rising popularity of open-plan living spaces. Many homeowners are opting for open-plan kitchen and dining areas, where furniture plays a crucial role in defining and organizing the space. This has led to an increased demand for modular and versatile furniture that can adapt to different layouts and configurations.

Local special circumstances: also contribute to the development of the Kitchen & Dining Furniture market in Europe. For example, cultural factors play a significant role in shaping customer preferences and influencing the design and style of furniture. Different countries in Europe have their own unique traditions and design aesthetics, which are reflected in the furniture choices of consumers.

Underlying macroeconomic factors: also play a role in the growth of the Kitchen & Dining Furniture market in Europe. Economic stability and increasing disposable incomes have contributed to higher consumer spending on home improvement and furniture. As the economy improves, consumers are more willing to invest in high-quality and durable kitchen and dining furniture that will last for years. In conclusion, the Kitchen & Dining Furniture market in Europe is experiencing growth due to customer preferences for stylish and functional furniture, a focus on sustainability, the popularity of open-plan living spaces, local special circumstances, and underlying macroeconomic factors. As these trends continue to shape the market, manufacturers and retailers in Europe will need to adapt their offerings to meet the evolving demands of consumers.

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.