Kitchen & Dining Furniture - Jordan

Jordan

The Kitchen & Dining Furniture market in Jordan is projected to generate revenue of US$36.50m in 2024.
It is expected to experience an annual growth rate of -1.13% (CAGR 2024-2029).
In comparison to other countries, in the United States leads the market with revenue of US$38,810m in 2024.
When considering the population, the per person revenue in Jordan is estimated to be US$3.21 in 2024.
The demand for traditional Jordanian-style kitchen and dining furniture is on the rise in Jordan, reflecting a renewed interest in the country's cultural heritage.

Key regions: Canada, United Kingdom, Brazil, Germany, India

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Analyst Opinion

The Kitchen & Dining Furniture market in Jordan is experiencing steady growth due to customer preferences for modern and functional furniture, as well as local special circumstances and underlying macroeconomic factors.

Customer preferences: In Jordan, customers have shown a strong preference for modern and functional kitchen and dining furniture. They are increasingly looking for furniture that not only enhances the aesthetics of their homes but also provides practical solutions for storage and organization. The demand for furniture with clean lines, sleek designs, and innovative features is on the rise. Customers are also seeking furniture that is durable, easy to clean, and made from sustainable materials. Additionally, there is a growing interest in furniture that can be customized to fit individual needs and preferences.

Trends in the market: One of the key trends in the Kitchen & Dining Furniture market in Jordan is the increasing popularity of open-plan living spaces. Many households are opting for open-plan kitchens and dining areas, which require furniture that seamlessly blends with the overall design and creates a cohesive look. As a result, there is a growing demand for kitchen islands, bar stools, and dining tables that can serve as multifunctional spaces for cooking, dining, and socializing. Another trend in the market is the rising demand for smart furniture. With the advancement of technology, customers are looking for furniture that incorporates smart features such as built-in charging stations, wireless connectivity, and voice control. These features add convenience and functionality to the furniture, aligning with the modern lifestyle and the increasing reliance on technology.

Local special circumstances: Jordan has a growing middle class with increasing disposable income, which has contributed to the growth of the Kitchen & Dining Furniture market. As more households have the financial means to invest in quality furniture, the demand for kitchen and dining furniture has increased. Additionally, the urbanization trend in Jordan has led to the construction of new residential buildings and the renovation of existing homes, driving the demand for furniture.

Underlying macroeconomic factors: The stable economic growth in Jordan has created a favorable environment for the Kitchen & Dining Furniture market. The government has implemented policies to attract foreign investment and promote domestic industries, including the furniture industry. This has led to the establishment of more furniture manufacturing companies in Jordan, which has increased the availability and variety of kitchen and dining furniture in the market. Furthermore, the country's strategic location and trade agreements with neighboring countries have facilitated the import and export of furniture, contributing to the growth of the market. In conclusion, the Kitchen & Dining Furniture market in Jordan is growing due to customer preferences for modern and functional furniture, the popularity of open-plan living spaces, the demand for smart furniture, the growing middle class with increasing disposable income, and the stable economic growth in the country. These factors have created a favorable market environment and opportunities for both local and international furniture manufacturers.

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 segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments 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.