Germany Home Furniture Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 4.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Germany Home Furniture Market Analysis
Germany is the leading market both as furniture consumer and as furniture importer among the Western European countries. Home furniture forms an integral part of home decor and furnishings in living rooms of consumers. The intensifying focus on decorating their living spaces with creative pieces of furniture innovative design is a key factor boosting the home furniture market. Consumers seek quality designs at premium prices and to achieve greater individualism or simply distinction in lifestyle. On the other hand, an increasing number of single households are looking for basic kitchen, living and bedroom furniture configurations. Modern worklife concepts continue to have an impact on the home furniture market.
Germany Home Furniture Market Trends
This section covers the major market trends shaping the Germany Home Furniture Market according to our research experts:
Rising Construction Activities Driving the Market
Germany is Europe's leading construction market and home to the continent's largest building stock. An increase in construction activities is one of the major driving growth factors for the Germany home office furniture market. As more and more construction activity is happening in the housing and residential sector, the need for people to work from home plus setting up some entrepreneurial activity is leading to rising demand for furniture which provides comfort to them at affordable prices. Rapidly increasing household and commercial construction projects is one of the key factor projected to drive growth of the Germany home furniture market.
Bedroom Furniture Segment
Bedroom furniture consists of relaxing beds, integrated with coordinating bedside tables, drawers, and wardrobes. Single person residences are smaller than nuclear joint family homes and may not have separate rooms for dining and other purposes. Therefore, they have different furniture needs, requiring space-efficient and multifunctional furniture. Moreover, improvement in standard of living is expected to drive the bedroom furniture market during the forecast period.
Germany Home Furniture Industry Overview
The report covers major international players operating in the Germany Home Furniture Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
Germany Home Furniture Market Leaders
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Thonet
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Zeitraum
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Eajy
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Rolf Benz
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Hulsta
*Disclaimer: Major Players sorted in no particular order
Germany Home Furniture Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain / Supply Chain Analysis
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4.5 Porters 5 Force Analysis
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4.5.1 Threat of New Entrants
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4.5.2 Bargaining Power of Buyers/Consumers
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4.5.3 Bargaining Power of Suppliers
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4.5.4 Threat of Substitute Products
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4.5.5 Intensity of Competitive Rivalry
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4.6 Impact of COVID-19 on the Market
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5. MARKET SEGMENTATION
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5.1 Application
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5.1.1 Kitchen Furniture
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5.1.2 Living Room and Dining Room Furniture
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5.1.3 Bedroom Furniture
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5.1.4 Other Furniture
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5.2 Distribution Channel
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5.2.1 Supermarkets
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5.2.2 Specialty Stores
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5.2.3 Online
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5.2.4 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Market Competition Overview
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6.2 Company Profiles
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6.2.1 Thonet
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6.2.2 Zeitraum
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6.2.3 Eajy Furniture
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6.2.4 Cor Furniture
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6.2.5 Rolf Benz
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6.2.6 Hulsta
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6.2.7 BAUart
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6.2.8 Becker
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6.2.9 Osw
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6.2.10 Oldenburger group
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. APPENDIX
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9. DISCLAIMER
Germany Home Furniture Industry Segmentation
A complete background analysis of the Germany Home Furniture Market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report.
Application | |
Kitchen Furniture | |
Living Room and Dining Room Furniture | |
Bedroom Furniture | |
Other Furniture |
Distribution Channel | |
Supermarkets | |
Specialty Stores | |
Online | |
Other Distribution Channels |
Germany Home Furniture Market Research FAQs
What is the current Germany Home Furniture Market size?
The Germany Home Furniture Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Germany Home Furniture Market?
Thonet, Zeitraum, Eajy, Rolf Benz and Hulsta are the major companies operating in the Germany Home Furniture Market.
What years does this Germany Home Furniture Market cover?
The report covers the Germany Home Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Germany Home Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Home Furniture Industry Report
Statistics for the 2024 Germany Home Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Home Furniture analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.