Outdoor Furniture - Kazakhstan

Kazakhstan

Highlights

In 2024, the revenue generated in the Outdoor Furniture market in Kazakhstan amounts to US$33.92m.
It is projected that the market will experience an annual growth rate of 1.85% (CAGR 2024-2029).
When compared globally, United States generates the highest revenue in this segment, amounting to US$18bn in 2024.
In terms of per capita revenue, in Kazakhstan generates US$1.71 per person in 2024.
Kazakhstan's outdoor furniture market is booming due to the rising demand for quality, durable products that can withstand the country's harsh climate.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Outdoor Furniture market in Kazakhstan has been experiencing steady growth in recent years, driven by changing customer preferences, emerging trends in the market, and local special circumstances.

Customer preferences: in the Outdoor Furniture market in Kazakhstan have shifted towards more durable and weather-resistant materials, such as aluminum and synthetic rattan, which can withstand the harsh climate conditions in the country. Customers are also increasingly looking for furniture that is easy to maintain and can be used in both outdoor and indoor settings. This shift in preferences has led to an increase in demand for high-quality, multi-functional outdoor furniture.

Trends in the market: include the growing popularity of outdoor living spaces and the rise of eco-friendly and sustainable furniture options. kazakhstan's urban population is increasingly embracing the concept of outdoor living, creating a demand for outdoor furniture that can transform balconies, terraces, and gardens into comfortable and stylish extensions of their homes. Additionally, there is a growing awareness of environmental issues, leading to a demand for outdoor furniture made from recycled materials or sustainably sourced wood.

Local special circumstances: in Kazakhstan, such as the long and cold winters, have also influenced the development of the Outdoor Furniture market. As the country experiences extreme weather conditions for a significant part of the year, customers are looking for furniture that can withstand these conditions without losing its aesthetic appeal or functionality. This has led to the emergence of innovative outdoor furniture designs that are specifically tailored to the local climate, incorporating features such as weatherproof fabrics and heating elements. Underlying macroeconomic factors, such as the growing middle class and increasing disposable income in Kazakhstan, have played a significant role in the development of the Outdoor Furniture market. As more people have the means to invest in outdoor furniture, the demand for high-quality and aesthetically pleasing options has increased. Additionally, the government's focus on urban development and the improvement of public spaces has further contributed to the growth of the market, as outdoor furniture is an essential component of creating inviting and comfortable outdoor environments. In conclusion, the Outdoor Furniture market in Kazakhstan is developing in response to changing customer preferences, emerging trends, local special circumstances, and

Underlying macroeconomic factors:. The shift towards more durable and weather-resistant materials, the growing popularity of outdoor living spaces, the rise of eco-friendly options, and the need for furniture that can withstand extreme weather conditions are all driving the growth of the market. Additionally, the increasing disposable income and the government's focus on urban development are further fueling the demand for outdoor furniture in Kazakhstan.

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.