Kitchen & Dining Furniture - Spain

In Spain, the revenue generated in the Kitchen & Dining Furniture market in 2024 amounts to US$804.20m.
It is projected that this market will experience an annual growth rate of 2.15% (CAGR 2024-2029).
In comparison to other countries worldwide, United States leads the pack with a revenue of US$39bn in 2024.
When considering the population, the per person revenue in Spain for 2024 is US$16.94.
The demand for traditional Spanish-style kitchen and dining furniture is on the rise in Spain, reflecting a growing appreciation for cultural heritage and rustic aesthetics.

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 Spain is experiencing significant growth and development. Customer preferences in the market are shifting towards more modern and sleek designs. Customers are looking for furniture that is not only functional but also aesthetically pleasing. This trend is driven by the increasing influence of interior design and home decor trends in Spain. Customers want their kitchen and dining furniture to complement the overall style and theme of their homes. Another customer preference in the market is for furniture that is durable and of high quality. Customers are willing to invest in furniture that will last for a long time and withstand daily use. This preference is driven by the desire for value for money and the increasing awareness of sustainability. Customers are becoming more conscious of the environmental impact of their purchases and are opting for furniture that is made from sustainable materials and manufactured in an eco-friendly manner. Trends in the market include the rise of online shopping for kitchen and dining furniture. Customers are increasingly turning to online retailers to purchase furniture due to the convenience and wide range of options available. Online retailers are able to offer competitive prices and deliver furniture directly to the customer's doorstep. This trend is further accelerated by the covid-19 pandemic, which has led to an increase in online shopping across all industries. Another trend in the market is the growing popularity of open-plan living spaces. Many modern homes in Spain are designed with open-plan kitchens and dining areas, creating a seamless flow between the two spaces. This trend has led to an increased demand for furniture that is versatile and can be easily integrated into different living spaces. Customers are looking for furniture that is functional and can be used for multiple purposes, such as dining tables that can also be used as workspaces or kitchen islands that provide additional storage and counter space. Local special circumstances in Spain that are contributing to the development of the Kitchen & Dining Furniture market include the country's rich culinary traditions and the importance of family meals. Spain is known for its vibrant food culture, with a strong emphasis on communal dining and gathering with family and friends. This cultural aspect has led to a high demand for kitchen and dining furniture that can accommodate large gatherings and facilitate social interactions. Underlying macroeconomic factors that are driving the growth of the Kitchen & Dining Furniture market in Spain include a growing economy and increasing disposable income. As the economy continues to recover, more consumers have the financial means to invest in new furniture for their homes. Additionally, the low interest rates in Spain are making it easier for consumers to finance their purchases. These macroeconomic factors are creating a favorable environment for the Kitchen & Dining Furniture market to thrive in Spain.

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.