Skip to main content
  1. Market Insights
  2. Consumer
  3. Furniture
  4. Living Room Furniture

Seats & Sofas - Benelux

Benelux
  • In Benelux, the country that encompasses Belgium, Netherlands, and Luxembourg, the revenue in the Seats & Sofas market reached a substantial amount of US$2.68bn in the year 2024.
  • Projections indicate that this market is anticipated to experience an annual growth rate of 1.32%, as per the Compound Annual Growth Rate (CAGR) between 2024 and 2029.
  • When comparing this revenue on a global scale, it is noteworthy that United States takes the lead, generating a remarkable revenue of US$46bn in 2024.
  • However, it is important to consider the population figures to gain a more accurate perspective.
  • In Benelux, the per person revenue in the Seats & Sofas market amounts to US$89.06 in 2024.
  • This indicates the level of market activity and consumption within the region.
  • In the Benelux market, the trend for Seats & Sofas is shifting towards more minimalist and modular designs, reflecting the region's preference for clean and functional aesthetics.

Definition:

This segment is centered on different assortments of seating, on which people can sit and relax on in the living room. This segment includes sofas, sectionals, loveseats, chaises, ottomans, armchairs, dining chairs, bar stools, benches, and seats that convert into a bed (e.g., pull-out beds, sleeper sofas, etc.). However, it does not include office chairs (e.g., swivel seats with variable height adjustments), garden seats, or camping equipment.

Additional Information:

The Seat & Sofas subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment 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.

In-Scope

  • Sofas, dining chairs, and armchairs
  • Bar chairs, stools, and benches
  • Sectionals, couches, and loveseats
  • Pull-out beds

Out-Of-Scope

  • Swivel seats
  • Garden seats
  • Camping equipment

Revenue

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

Sales Channels

Most recent update: Mar 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Nov 2024

Source: Statista Market Insights

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 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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

Contact

Get in touch with us. We are happy to help.