Need a report that reflects how COVID-19 has impacted this market and its growth?
France is one of the largest furniture markets in Europe.Due to Covid-19, Lockdowns and social distancing measures affect retailers with physical stores more than online retailers, and may ultimately accelerate the ongoing shift from brick-and-mortar to online retailing. For example, in France,the market share of e-commerce rapidly increased to almost 10% of total consumer goods sales during the confinement period, compared to less than 6% in 2019.
The home furnishings market in France has been growing year on year till 2017. The decline in the housing, real estate, and construction markets, combined with actions by the social movement led to a decline in home furnishings in 2018. These factors affected the France furniture industry. However, a return to growth was seen in 2019, as consumers took advantage of bargain prices. Despite all these issue the future of furniture market in France is expected to remain positive. Companies like IKEA, Conforama, Nobilia, Roche Bobois are some of the prominent names of the home furnishings industry which control chains of stores that offer the complete range of home furnishings under one roof. Rising smartphone numbers, 4G penetration, millennial preferring online viewing compared to store visits, virtual reality showcase of furniture products are some factors driving the France online furniture market.
Scope of the Report
A complete background analysis of the France 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. France Furniture Market is segmented by Material (Wood, Metal, Plastic and Other Materials), by Application (Home Furniture, Office Furniture, Hospitality Furniture, and Other Furniture) and by Distribution Channel (Hypermarket and Supermarkets, Specialty Stores, Online, and Other Distribution Channels).
|Hypermarket and Supermarkets|
|Other Distribution Channels|
Key Market Trends
Increasing Demand for Office Furniture is Driving the Market
Office Furniture includes furniture pieces such as desks, office chairs, storage cabinets and other items typically found in a workplace environment. Shrinking office spaces and the high cost of commercial leases has increased the demand for multi-functional office furniture. Also, the adoption of customized office furniture is on the rise as some organizations prefer interiors that match their theme and work culture. With the rising number of start-ups, the demand for such furniture is expected to increase significantly during the forecast period. Increase in mergers and acquisitions and the rising popularity of online furniture stores will further boost market growth during the forecast period.
To understand key trends, Download Sample Report
Online Sales is Growing in the Market
The online furniture sales in France is growing as customers prefer to shop online instead of going to stores. With smartphones and increasing Internet penetration, consumers can now check and buy products online while on the move. This feature has led to a significant number of vendors to conduct their business operations online. Vendors in the online home decor market also provide hassle-free home delivery options to customers. Factors such as the availability of detailed catalogues with defined product categories on a catalog most e-commerce platforms and the ease and convenience of online shopping will impel the growth prospects for this market over the forecast period.
The report covers major international players operating in the France 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.
- In 2021, Two French furniture manufacturers have agreed to merge and form a European powerhouse.The P3G Group and Alsapan announced their agreement after months of negotiations and a new company called Alpagroup will be formed.
- In 2021,Takeover of Conforama France by the Mobilux Group (BUT),which is active in the retail distribution, in stores and online, of furniture, decorations and household electrical products in mainland France and the French overseas territories, through a network of 302 stores under the BUT banner and its website
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
4.5 Porters' Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on impact of technology and innovation in the Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1.4 Other Materials
5.2.1 Home Furniture
5.2.2 Office Furniture
5.2.4 Other Furniture
5.3 Distribution Channel
5.3.1 Hypermarket and Supermarkets
5.3.2 Specialty Stores
5.3.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Market Competition Overview
6.2 Company Profiles
6.2.1 Roche Bobois
6.2.2 Ligne Roset
6.2.4 La Chance
6.2.6 Guatier Furniture
6.2.9 Herman Miller
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
You can also purchase parts of this report. Do you want to check out a section wise price list?
Frequently Asked Questions
What is the study period of this market?
The France Furniture Market market is studied from 2018 - 2027.
What is the growth rate of France Furniture Market?
The France Furniture Market is growing at a CAGR of >2% over the next 5 years.
Who are the key players in France Furniture Market?
Roche Bobois, Ligne Roset, BoConcept, Gautier Furniture, Steelcase are the major companies operating in France Furniture Market.