Kitchen & Dining Furniture - Uzbekistan

In Uzbekistan, the revenue in the Kitchen & Dining Furniture market in 2024 is estimated to reach US$28.64m.
According to projections, this market is anticipated to experience an annual growth rate of -4.17% (CAGR 2024-2029).
When compared to other countries worldwide, United States generates the highest revenue, amounting to US$39bn in 2024.
In terms of per capita figures, the revenue generated per person in Uzbekistan is US$0.80 in 2024.
Uzbekistan's demand for traditional, handcrafted kitchen and dining furniture is on the rise, reflecting the country's rich cultural heritage and appreciation for 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.

Dining tables
Kitchen islands and carts
Food pantries
Kitchenware

Household appliances
Cookware, kitchen, and cleaning utensils
Kitchen remodels

The Kitchen & Dining Furniture market in Uzbekistan has been experiencing significant growth in recent years, driven by various factors such as changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors.

Customer preferences: in the Kitchen & Dining Furniture market in Uzbekistan have been shifting towards more modern and contemporary designs. Customers are increasingly looking for furniture that is not only functional but also aesthetically pleasing. This preference for modern designs is influenced by global trends in interior design and home decor. Customers are also seeking furniture that is durable and of high quality, as they are willing to invest in long-lasting pieces. One of the key trends in the Kitchen & Dining Furniture market in Uzbekistan is the increasing demand for space-saving furniture. As urbanization continues to accelerate in the country, many people are living in smaller apartments or houses with limited space. This has led to a growing need for furniture that can maximize space utilization. Manufacturers and retailers are responding to this trend by offering innovative and compact designs that can fit into smaller spaces. Another trend in the market is the growing popularity of eco-friendly and sustainable furniture. Customers in Uzbekistan are becoming more conscious of the environmental impact of their purchasing decisions and are seeking furniture made from sustainable materials. This trend is driven by global concerns about climate change and the desire to reduce waste and promote a more sustainable lifestyle.

Local special circumstances: also play a role in the development of the Kitchen & Dining Furniture market in Uzbekistan. The country has a rich cultural heritage and a tradition of craftsmanship, which has influenced the design and production of furniture. Local artisans and craftsmen are known for their expertise in woodworking and are highly regarded for their skills. This has created a niche market for handcrafted furniture, which appeals to customers looking for unique and one-of-a-kind pieces.

Underlying macroeconomic factors: have also contributed to the growth of the Kitchen & Dining Furniture market in Uzbekistan. The country has experienced steady economic growth in recent years, which has led to an increase in disposable income and consumer spending. As people have more money to spend, they are willing to invest in higher-quality furniture for their homes. Additionally, the government has implemented policies to promote the development of the furniture industry, including providing support and incentives for manufacturers and exporters. In conclusion, the Kitchen & Dining Furniture market in Uzbekistan is developing in response to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The market is witnessing a shift towards modern and contemporary designs, as well as a growing demand for space-saving and eco-friendly furniture. The country's rich cultural heritage and tradition of craftsmanship also contribute to the development of the market. Overall, the growth of the market is supported by the country's strong economic growth and government policies to promote the furniture industry.

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.