The Outdoor Furniture market in Croatia has been experiencing steady growth in recent years, driven by a combination of customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors.
Customer preferences: in the Outdoor Furniture market in Croatia have shifted towards products that offer both style and durability. Consumers are increasingly looking for outdoor furniture that can withstand the country's harsh weather conditions, including high temperatures and heavy rainfall. Additionally, there is a growing demand for furniture that is easy to clean and maintain, as well as versatile and adaptable to different outdoor spaces.
Trends in the market: have also played a significant role in the development of the Outdoor Furniture market in Croatia. One key trend is the increasing popularity of outdoor living spaces. Many Croatians are investing in their outdoor areas, creating comfortable and inviting spaces for relaxation and entertainment. This trend has led to a higher demand for outdoor furniture that is both functional and aesthetically pleasing. Another trend in the market is the growing interest in eco-friendly and sustainable outdoor furniture. Consumers in Croatia are becoming more conscious of the environmental impact of their purchases and are actively seeking products that are made from sustainable materials and produced using environmentally friendly manufacturing processes. This trend has prompted manufacturers to develop and offer a wider range of eco-friendly outdoor furniture options.
Local special circumstances: in Croatia have also influenced the development of the Outdoor Furniture market. The country's Mediterranean climate, with long, hot summers and mild winters, provides ideal conditions for outdoor activities and encourages people to spend more time outdoors. This has created a strong demand for outdoor furniture that can withstand the climate and enhance the outdoor experience.
Underlying macroeconomic factors: such as the growth of the tourism industry in Croatia, have also contributed to the development of the Outdoor Furniture market. The country has seen a significant increase in tourist arrivals in recent years, leading to a higher demand for outdoor furniture in hotels, resorts, and other accommodation establishments. Additionally, the rising disposable income of the local population has allowed more people to invest in outdoor furniture for their own homes. Overall, the Outdoor Furniture market in Croatia is developing in response to customer preferences for durable and stylish products, trends in the market such as the popularity of outdoor living spaces and eco-friendly options, local special circumstances like the Mediterranean climate, and underlying macroeconomic factors including the growth of the tourism industry and rising disposable income.
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.
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