Kitchen & Dining Furniture - Western Asia

Western Asia

In Western Asia, the revenue generated in the Kitchen & Dining Furniture market in 2024 amounts to US$2.33bn.
This market is projected to experience an annual growth rate of 1.17% (CAGR 2024-2029).
When compared globally, in the United States leads in revenue generation with US$38,810m in 2024.
Taking into account the total population, per person revenues of US$10.45 are generated in 2024.
In Western Asia, the demand for traditional and ornate kitchen and dining furniture is on the rise, reflecting the cultural importance of family gatherings and hospitality in the region.

Key regions: Canada, United Kingdom, Brazil, Germany, India

Market

Region

Region comparison

Currency

Analyst Opinion

The Kitchen & Dining Furniture market in Western Asia is experiencing significant growth and development due to several factors.

Customer preferences: Customers in Western Asia have shown a growing preference for stylish and modern kitchen and dining furniture. They are increasingly looking for furniture that not only serves its functional purpose but also adds aesthetic value to their homes. This shift in customer preference has led to an increase in demand for sleek and contemporary designs in the market. Additionally, customers are also placing importance on the durability and quality of the furniture, seeking products that can withstand the test of time.

Trends in the market: One of the key trends in the Kitchen & Dining Furniture market in Western Asia is the rising popularity of open-concept kitchens. As the region becomes more urbanized, smaller living spaces are becoming the norm, and open-concept kitchens are seen as a way to maximize space and create a seamless flow between the kitchen and dining areas. This trend has led to an increased demand for compact and multifunctional furniture that can easily fit into these smaller spaces. Another trend in the market is the growing awareness and emphasis on sustainable and eco-friendly furniture. Customers in Western Asia are becoming more conscious of the environmental impact of their purchases and are actively seeking out furniture made from sustainable materials and produced using environmentally friendly manufacturing processes. This trend is driving the demand for eco-friendly kitchen and dining furniture in the region.

Local special circumstances: One of the unique circumstances in Western Asia is the strong cultural emphasis on hospitality and entertaining guests. Hosting family and friends for meals is an important part of the culture, and this has a direct impact on the demand for kitchen and dining furniture. Customers in Western Asia are willing to invest in high-quality and aesthetically pleasing furniture to create a welcoming and comfortable space for their guests.

Underlying macroeconomic factors: The economic growth and increasing disposable income in Western Asia have also contributed to the development of the Kitchen & Dining Furniture market. As people's incomes rise, they have more purchasing power and are able to invest in higher-end furniture. Additionally, the growing middle class in the region has led to an increase in demand for affordable and functional kitchen and dining furniture. In conclusion, the Kitchen & Dining Furniture market in Western Asia is experiencing growth and development due to changing customer preferences, including a preference for stylish and modern designs, the rise of open-concept kitchens, and the increasing demand for sustainable furniture. The strong cultural emphasis on hospitality and entertaining guests also plays a significant role in driving the demand for kitchen and dining furniture in the region. Additionally, the economic growth and increasing disposable income in Western Asia have contributed to the development of the market.

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 segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments 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.