Kitchen & Dining Furniture - Southern Asia

In Southern Asia, the revenue generated in the Kitchen & Dining Furniture market in 2024 amounts to US$409.70m.
It is projected that the market will experience an annual growth rate of 2.71% (CAGR 2024-2029).
When compared to the global market, United States generates the highest revenue, which is US$39bn in 2024.
In terms of per capita revenue, each person in Southern Asia generates US$0.21 in 2024.
In Southern Asia, the demand for modern and space-saving kitchen and dining furniture is rapidly increasing, driven by urbanization and smaller living spaces.

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 Southern Asia is experiencing significant growth and development. Customer preferences in the region are driving the demand for kitchen and dining furniture. As the standard of living continues to improve, more households are investing in high-quality and aesthetically pleasing furniture for their kitchens and dining areas. Customers are increasingly seeking furniture that is not only functional but also stylish and durable. This trend is particularly evident in urban areas, where modern and contemporary designs are highly sought after. Additionally, there is a growing preference for furniture that is space-saving and multifunctional, catering to the smaller living spaces in cities. The market is also witnessing a shift towards eco-friendly and sustainable furniture. Customers are becoming more conscious of the environmental impact of their purchases and are actively seeking products made from sustainable materials. This has led to an increase in the demand for furniture made from bamboo, reclaimed wood, and other eco-friendly materials. Manufacturers are responding to this trend by incorporating sustainable practices into their production processes and offering a wider range of environmentally friendly options. In terms of trends in the market, countries in Southern Asia are seeing a rise in the popularity of modular kitchen furniture. Modular kitchens offer flexibility and customization options, allowing customers to design their kitchens according to their specific needs and preferences. This trend is driven by the increasing number of apartments and smaller living spaces in urban areas, where modular furniture provides efficient use of space. Additionally, modular kitchen furniture offers convenience and ease of installation, making it a popular choice among consumers. Another trend in the market is the growing demand for online shopping. With the increasing penetration of internet and smartphones, customers are increasingly turning to online platforms to purchase kitchen and dining furniture. Online shopping offers convenience, a wider range of options, and competitive pricing, which is appealing to customers. This trend is expected to continue as more consumers become comfortable with online shopping and as e-commerce platforms improve their logistics and delivery services. Local special circumstances in each country also play a role in the development of the Kitchen & Dining Furniture market. For example, in India, the concept of modular kitchens is gaining traction due to the rapid urbanization and the need for efficient use of space. In Indonesia, the market is driven by a growing middle class and increasing disposable incomes, leading to higher demand for quality kitchen and dining furniture. In Singapore, the emphasis on modern and minimalist designs is driving the market, catering to the preferences of the affluent population. Underlying macroeconomic factors such as population growth, urbanization, and economic development are also contributing to the growth of the Kitchen & Dining Furniture market in Southern Asia. As the population continues to grow and urbanize, the demand for furniture for kitchens and dining areas is expected to increase. Additionally, rising disposable incomes and improving living standards are enabling more households to invest in high-quality furniture. These factors, combined with changing

Customer preferences: and the availability of a wide range of options, are driving the growth and development of the market in the region.

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.