Outdoor Furniture - Chad

Chad

Highlights

In Chad, the revenue in the Outdoor Furniture market for the year 2024 amounts to US$2.42m.
It is projected that the market will experience an annual growth rate of -0.06% (CAGR 2024-2029).
When compared globally, United States generates the highest revenue in this segment, reaching US$18bn in 2024.
In terms of per capita revenue, each person in Chad generates US$0.13 in 2024.
Chad's outdoor furniture market is witnessing a surge in demand for durable, weather-resistant pieces, reflecting the country's harsh climatic conditions.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Outdoor Furniture market in Chad has been steadily developing 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 Chad have shifted towards outdoor living spaces, as people are increasingly looking for ways to enjoy the outdoors and create comfortable and inviting spaces in their homes. This has led to a growing demand for outdoor furniture that is both stylish and durable, capable of withstanding the harsh weather conditions in the region. Additionally, customers in Chad are also seeking furniture that is easy to maintain and can withstand the wear and tear of outdoor use.

Trends in the market: have also contributed to the development of the Outdoor Furniture market in Chad. One notable trend is the increasing popularity of eco-friendly and sustainable furniture options. As consumers become more conscious of their environmental impact, they are seeking furniture made from renewable materials and produced using environmentally friendly manufacturing processes. This trend is reflected in the growing demand for outdoor furniture made from materials such as recycled plastic, bamboo, and teak wood.

Local special circumstances: in Chad, such as the country's warm climate and abundant outdoor spaces, have also played a role in the development of the Outdoor Furniture market. With a significant portion of the population living in rural areas, there is a strong emphasis on outdoor living and socializing. This has created a need for outdoor furniture that is suitable for gatherings and can withstand the elements.

Underlying macroeconomic factors: have also contributed to the growth of the Outdoor Furniture market in Chad. The country's improving economy and rising disposable income levels have allowed consumers to invest in outdoor furniture and create outdoor living spaces. Additionally, the government's efforts to promote tourism and attract foreign investment have also had a positive impact on the market, as it has led to an increase in the number of hotels, resorts, and restaurants that require outdoor furniture for their outdoor spaces. In conclusion, the Outdoor Furniture market in Chad is developing due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. As people in Chad increasingly seek to create inviting outdoor spaces, the demand for stylish and durable outdoor furniture is expected to continue to grow.

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.