Kitchen & Dining Furniture - Mauritius

Mauritius

In Mauritius, the revenue generated in the Kitchen & Dining Furniture market is estimated to be US$15.73m in 2024.
It is projected that the market will experience an annual growth rate of -1.67% from 2024 to 2029 (CAGR 2024-2029).
When compared to the global market, in the United States leads in terms of revenue, with an estimated amount of US$38,810m in 2024.
In terms of per capita revenue, in Mauritius generates 0.00 per person in 2024.
The demand for locally crafted, eco-friendly kitchen and dining furniture is on the rise in Mauritius, as consumers prioritize sustainability and supporting local artisans.

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

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Analyst Opinion

The Kitchen & Dining Furniture market in Mauritius is experiencing steady growth due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors.

Customer preferences: in the Kitchen & Dining Furniture market in Mauritius are shifting towards modern and contemporary designs. Consumers are increasingly looking for furniture that is not only functional but also aesthetically pleasing. This preference for sleek and stylish designs is driving the demand for kitchen and dining furniture that complements the overall interior decor of homes in Mauritius. Trends in the market include the growing popularity of open-plan living spaces. Many homes in Mauritius now feature open-plan kitchens and dining areas, which has led to an increased demand for furniture that seamlessly integrates these spaces. This trend has also influenced the design of kitchen and dining furniture, with a focus on versatility and multi-functionality. Furniture manufacturers are now offering modular and convertible pieces that can be easily rearranged to suit different needs and preferences.

Local special circumstances: such as the tourism industry in Mauritius, also impact the Kitchen & Dining Furniture market. The country is a popular tourist destination, attracting visitors from around the world. As a result, there is a demand for high-quality, durable, and visually appealing furniture in hotels, resorts, and vacation rentals. This presents an opportunity for local furniture manufacturers to cater to the needs of the hospitality industry and expand their customer base.

Underlying macroeconomic factors: such as the growth of the middle class and increasing disposable incomes, are driving the demand for Kitchen & Dining Furniture in Mauritius. As more people in the country achieve higher purchasing power, they are willing to invest in quality furniture for their homes. Additionally, urbanization and population growth are contributing to the demand for kitchen and dining furniture, as more people move into urban areas and require furniture for their new homes. In conclusion, the Kitchen & Dining Furniture market in Mauritius is experiencing growth due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The shift towards modern and contemporary designs, the popularity of open-plan living spaces, the demand from the tourism industry, and the growth of the middle class are all contributing to the development of the market.

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.