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:
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.
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
Most recent update: Mar 2024
Source: Statista Company Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
The Kitchen & Dining Furniture market in Switzerland has been experiencing steady growth over the past few years. Customer preferences in Switzerland have played a significant role in the development of the Kitchen & Dining Furniture market. Swiss consumers prioritize functionality and quality when it comes to their furniture choices. They value durable and well-crafted products that can withstand the test of time. Additionally, Swiss consumers have a preference for minimalist and sleek designs that fit well with their modern and clean aesthetic. As a result, manufacturers and retailers in the market have been focusing on offering a wide range of high-quality, functional, and stylish kitchen and dining furniture options to cater to these preferences. One of the key trends in the Kitchen & Dining Furniture market in Switzerland is the increasing demand for sustainable and eco-friendly products. Swiss consumers are becoming more conscious of the environmental impact of their purchases and are actively seeking out furniture made from sustainable materials. This trend has led to the rise of eco-friendly kitchen and dining furniture options in the market, such as those made from reclaimed wood or recycled materials. Manufacturers and retailers are responding to this trend by incorporating sustainable practices into their production processes and offering a wider range of environmentally friendly products. Another trend in the market is the growing popularity of open-concept living spaces. Many Swiss homes now feature open-plan kitchens and dining areas, which has created a demand for furniture that seamlessly integrates with the overall design of the space. As a result, kitchen and dining furniture that is versatile, modular, and customizable has become increasingly popular. Consumers are looking for furniture pieces that can be easily adapted to different layouts and can serve multiple purposes. This trend has driven innovation in the market, with manufacturers and retailers offering flexible and multifunctional kitchen and dining furniture solutions. Local special circumstances in Switzerland, such as the country's high standard of living and disposable income, have also contributed to the growth of the Kitchen & Dining Furniture market. Swiss consumers have a relatively high purchasing power, which allows them to invest in high-quality and premium kitchen and dining furniture. Additionally, the country's strong economy and stable political environment have created a favorable business climate for manufacturers and retailers in the market. Underlying macroeconomic factors, such as population growth, urbanization, and changing lifestyles, have also played a role in the development of the Kitchen & Dining Furniture market in Switzerland. The country's population has been steadily increasing, leading to a higher demand for housing and furniture. Urbanization has also resulted in smaller living spaces, which has driven the need for compact and space-saving kitchen and dining furniture. Furthermore, changing lifestyles, such as the rise of remote work and the increasing importance of home entertaining, have influenced consumer preferences and purchasing decisions in the market. Overall, the Kitchen & Dining Furniture market in Switzerland is experiencing growth due to
Customer preferences: for functional and high-quality products, the increasing demand for sustainable options, the popularity of open-concept living spaces,
Local special circumstances: and
Underlying macroeconomic factors:. Manufacturers and retailers in the market are adapting to these trends and circumstances by offering a wide range of innovative and customizable kitchen and dining furniture options to cater to the evolving needs and preferences of Swiss consumers.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights