Furniture - Sudan

Sudan

In Sudan, the revenue in the Furniture market is projected to reach US$297.00m in 2024.
This market segment is expected to experience an annual growth rate of 3.19% (CAGR 2024-2029).
The largest segment within the Furniture market is Home Décor, which is estimated to have a market volume of US$148.00m in 2024.
When compared globally, in the United States generates the highest revenue in this market, with an estimated revenue of US$263bn in 2024.
In terms of per capita revenue, in Sudan generates approximately US$6.02 per person in 2024.
Sudan's furniture market is experiencing a surge in demand for locally made, eco-friendly pieces, reflecting a growing preference for sustainable and authentic home decor.

Key regions: Worldwide, United States, China, India, Germany

Definition:

The Furniture market covers different movable objects designed to support various human activities such as sitting, sleeping, and storing items. These objects can include chairs, tables, beds, couches, and cabinets, among others. The design and layout of furniture can have a significant impact on the comfort and functionality of a space, making it an important aspect of interior design and home decor.

Structure:

The Furniture market is divided into seven segments:

The Living Room Furniture segment focuses on furnishings such as sofas, side tables, and media cabinets typically found in the living room. This segment is divided into the following subsegments: Seats & Sofas and Cabinets, TV Stands & Side Tables.
The Bedroom Furniture segment covers furnishings and other accessories used for sleeping and the storage of clothing and other personal items. This segment is divided into the following subsegments: Beds, Mattresses, Closets, Nightstands, & Dressers, and Bedding.
The Kitchen & Dining Furniture segment covers a diverse range of products that are used to meet people’s eating, food storage and preparation needs. This segment is divided into the following subsegments: Kitchenware and Dining Tables, Kitchen Islands & Pantries.
The Outdoor Furniture segment covers products specifically designed to withstand exposure to the elements, such as rain, sun, and wind, and is often made from materials that are weather-resistant.
The Home Office Furniture segment focuses on products that ensure a good working environment at home compared to that of a traditional office. This segment is divided into the following subsegments: Desks & Chairs and Bookcases & Filing Cabinets.
The Lamps & Lighting segment covers various devices and fixtures that provide illumination in a space. This segment is divided into the following subsegments: Table & Floor Lamps, Ceiling Lights & Chandeliers, and Light Bulbs & Fittings.
The Home Décor segment covers a variety of accessories and furnishings designed to make a space more aesthetically appealing. This segment is divided into the following subsegments: Decorations, Carpets & Rugs, Candles, and Curtains & Blinds.

Additional Information:

The Furniture market consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This market 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.

Market

Region

Region comparison

Currency

Analyst Opinion

The Furniture market in Sudan has been experiencing significant growth in recent years. Customer preferences have shifted towards modern and stylish furniture designs, while the market has also been influenced by local special circumstances and underlying macroeconomic factors.

Customer preferences: in the Sudanese Furniture market have evolved over time. Consumers are increasingly seeking modern and stylish furniture designs that reflect their personal taste and lifestyle. This shift in preferences has been driven by globalization and the exposure to international design trends through various media channels. As a result, there has been a growing demand for furniture that combines functionality with aesthetic appeal. Trends in the Sudanese Furniture market have also been shaped by global and regional market dynamics. The rise of e-commerce has made it easier for consumers to access a wide range of furniture options, both locally and internationally. This has increased competition among furniture retailers and manufacturers, leading to a greater emphasis on product quality and customer service. Additionally, sustainability has become a key trend in the market, with consumers showing a preference for furniture made from eco-friendly materials.

Local special circumstances: have played a role in the development of the Sudanese Furniture market. Sudan has a rich cultural heritage, and this is reflected in the demand for traditional furniture designs that showcase local craftsmanship. Additionally, the country's growing middle class has contributed to the expansion of the market, as more people are able to afford higher-quality furniture. The government has also implemented policies to support the local furniture industry, such as providing incentives for manufacturers and promoting exports.

Underlying macroeconomic factors: have had an impact on the Sudanese Furniture market. Economic growth and rising disposable incomes have increased consumer purchasing power, leading to higher demand for furniture. Additionally, urbanization and population growth have created a need for housing and furniture, particularly in urban areas. However, inflation and currency fluctuations have posed challenges for both consumers and manufacturers, affecting pricing and affordability in the market. In conclusion, the Furniture market in Sudan has been developing in response to changing customer preferences, global and regional market trends, local special circumstances, and underlying macroeconomic factors. The demand for modern and stylish furniture designs, the rise of e-commerce, and the emphasis on sustainability are key trends in the market. The country's rich cultural heritage, growing middle class, and government support for the industry have also contributed to its growth. Economic growth, rising disposable incomes, urbanization, and population growth have further fueled the expansion of the market. However, challenges such as inflation and currency fluctuations continue to impact 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.