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Kitchen & Dining Furniture - Niger

Niger
  • In Niger, the revenue in the Kitchen & Dining Furniture market is US$10.80m in 2024.
  • It is projected to experience an annual growth rate of 4.44% (CAGR 2024-2029).
  • Comparing globally, United States generates the highest revenue in this segment, amounting to US$39bn in 2024.
  • When considering the population size, each person in Niger contributes US$0.38 in revenue in 2024.
  • Despite its limited market size, Niger has seen a growing demand for locally-made, artisanal kitchen and dining furniture, reflecting the country's rich cultural heritage and emphasis on craftsmanship.

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.

In-Scope

  • Dining tables
  • Kitchen islands and carts
  • Food pantries
  • Kitchenware

Out-Of-Scope

  • Household appliances
  • Cookware, kitchen, and cleaning utensils
  • Kitchen remodels
Kitchen & Dining Furniture: market data & analysis - Cover

Market Insights report

Kitchen & Dining Furniture: market data & analysis

Study Details

    Revenue

    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

    Sales Channels

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Kitchen & Dining Furniture market in Niger has been experiencing steady growth in recent years. Customer preferences have shifted towards more modern and functional furniture designs, while local special circumstances and underlying macroeconomic factors have also contributed to the development of the market.

    Customer preferences:
    in Niger have been evolving towards more modern and functional kitchen and dining furniture. Nigerien consumers are increasingly looking for furniture that not only serves its basic purpose but also adds aesthetic value to their homes. As a result, there has been a growing demand for sleek and contemporary designs that are both visually appealing and practical. Additionally, customers are also seeking furniture that is durable and easy to maintain, given the local climate and lifestyle. Trends in the Kitchen & Dining Furniture market in Niger reflect global and regional market developments. The rise of e-commerce and online shopping platforms has made it easier for consumers to access a wide range of furniture options, including both local and international brands. This has increased competition in the market and led to a greater variety of products being available to customers. Furthermore, the growing awareness of sustainability and eco-friendly practices has also influenced the market, with more consumers opting for furniture made from sustainable materials.

    Local special circumstances:
    in Niger have also played a role in the development of the Kitchen & Dining Furniture market. Niger has a growing middle class population with increasing disposable incomes, which has led to a rise in consumer spending on home furnishings. Additionally, urbanization and the expansion of cities have created a demand for furniture in new residential developments. The government's efforts to promote the real estate sector and attract foreign investment have also contributed to the growth of the market.

    Underlying macroeconomic factors:
    have further supported the development of the Kitchen & Dining Furniture market in Niger. The country's stable economic growth and improving business environment have attracted both local and international furniture manufacturers and retailers. Additionally, favorable demographic trends, such as a young and growing population, have created a larger consumer base for the market. The government's investments in infrastructure and urban development have also facilitated the distribution and accessibility of furniture products. In conclusion, the Kitchen & Dining Furniture market in Niger is experiencing growth due to evolving customer preferences, global and regional market trends, local special circumstances, and underlying macroeconomic factors. The demand for modern and functional furniture designs, the rise of e-commerce, and the growing middle class population are all contributing to the development of the market. With favorable macroeconomic conditions and government support, the market is expected to continue its upward trajectory in the coming years.

    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 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.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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