France Furniture Market Size, Share, and COVID-19 Impact Analysis, By Product (Beds, Tables & Desks, Sofa & Couch, Chairs & Stools, Cabinets & Shelves, and Others), By Material (Metal, Wood, Plastic, Glass, and Others), By Application (Residential and Commercial), and France Furniture Market Insights, Industry Trend, Forecasts to 2033
Industry: Consumer GoodsFrance Furniture Market Insights Forecasts to 2033
- The France Furniture Market Size was valued at USD 17.28 Billion in 2023.
- The Market Size is Growing at a CAGR of 6.14% from 2023 to 2033
- The France Furniture Market Size is Expected to Reach USD 31.35 Billion by 2033
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The France Furniture Market Size is Anticipated to Exceed USD 31.35 Billion by 2033, Growing at a CAGR of 6.14% from 2023 to 2033. The Growing demand for office furniture and online sales are driving the Growth of the furniture Market in the France.
Market Overview
Furniture is the necessary, useful, or desirable object intended to support various human activities and used in making a room ready for use. Because of a lengthy history of workmanship and a rich cultural legacy, France has produced high-quality artisanal furniture. A vast selection of furniture for different rooms and purposes in a house may be found via online channels. Customers can choose from a variety of furniture items, such as couches, beds, dining sets, cabinets, and outdoor furniture. In order to support worker cooperation, well-being, and productivity, businesses are adopting open-plan offices, flexible workspaces, and ergonomic design principles, requiring the use of furniture. Customers are looking for furniture that is both visually beautiful and functional, which has caused the furniture business to shift towards more modern and minimalist designs. Consumer preferences are being followed by this trend, as more and more people want sleek and modern furniture designs.
Report Coverage
This research report categorizes the market for the France furniture market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France furniture market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France furniture market.
France Furniture Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 17.28 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 6.14% |
2033 Value Projection: | USD 31.35 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 191 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product, By Material, By Application |
Companies covered:: | Roche Bobois SA, BoConcept, Steelcase, La Chance, IKEA, Cassina, Guatier Furniture, Ligne Roset, Conforama, Cappelin, USM Modular Furniture, Herman Miller, Nobilia, POPUS EDITIONS, Cinna, Pierre Yovanovitch, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
Office furniture serves a variety of functions, including cafeteria, desks for device placement, and cabinet meetings. Further, the rising employment rate and the growing need for office space are significantly responsible for driving the France furniture market. Modern, modular office furniture is preferred by consumers, businesses, and others to increase productivity, which is propelling market expansion. The trend of buying furniture online has grown in popularity in France as more people choose the accessibility and practicality of e-commerce platforms.
Restraining Factors
The challenges associated with the integration of smart home ecosystems are responsible for restraining the market. The difficulty in integrating smart systems and gadgets leads to hampers the overall usefulness and consumer appeal of smart furniture.
Market Segmentation
The France Furniture Market share is classified into product, material, and application.
- The beds segment dominates the market with a significant market share during the forecast period.
The France furniture market is segmented by product into beds, tables & desks, sofa & couch, chairs & stools, cabinets & shelves, and others. Among these, the beds segment dominates the market with a significant market share during the forecast period. The shift in consumer preferences towards high-end furniture items brought about by technology developments in the home furnishings sector is driving the market growth. There is an increased awareness of popular bedroom designs has impacted large-scale bedroom makeover initiatives.
- The wood segment dominated the France furniture market with the largest revenue share in 2023.
Based on the material, the France furniture market is divided into metal, wood, plastic, glass, and others. Among these, the wood segment dominated the France furniture market with the largest revenue share in 2023. There is an increasing popularity of wooden furniture made from recycled or responsibly sourced wood. The growing demand for environmentally friendly furniture is responsible for driving the market. Further, innovative wood furniture designs, which blend style and utility, have taken center stage in interior design.
- The residential segment accounted for the largest market share over the forecast period.
Based on the application, the France furniture market is divided into residential and commercial. Among these, the residential segment accounted for the largest market share over the forecast period. An increase in home renovation projects; is presumably promoting the use of wood furniture in households. The residential demand for chairs and couch sets for homes and backyards is propelling the market growth. The surge in consumer demand for high-end furniture goods due to technological improvements is propelling the market.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the France furniture market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Roche Bobois SA
- BoConcept
- Steelcase
- La Chance
- IKEA
- Cassina
- Guatier Furniture
- Ligne Roset
- Conforama
- Cappelin
- USM Modular Furniture
- Herman Miller
- Nobilia
- POPUS EDITIONS
- Cinna
- Pierre Yovanovitch
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In February 2023, Ligne Roset, the hallowed French heritage furniture brand, returned to Houston, bringing its iconic contemporary furnishings and accessories in an appointed showroom in BeDesign. That makes it the first French brand to join the sleek emporium of Italian brands.
- In May 2022, Steelcase Inc. has signed a definitive agreement to acquire Halcon, a Minnesota-based designer, and manufacturer of precision-tailored wood furniture for the workplace.
Market Segment
This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France Furniture Market based on the below-mentioned segments:
France Furniture Market, By Product
- Beds
- Tables & Desks
- Sofa & Couch
- Chairs & Stools
- Cabinets & Shelves
- Others
France Furniture Market, By Material
- Metal
- Wood
- Plastic
- Glass
- Others
France Furniture Market, By Application
- Residential
- Commercial
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