Germany Home Furniture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Germany Home Furniture Market is segmented by Type (Kitchen Furniture, Living-room, and Dining-room Furniture, Bedroom Furniture, and Other Furniture) and Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online, and Others).

Market Snapshot

Germany Home Furniture Market
Study Period: 2016 - 2026
Base Year: 2021
CAGR: >4 %

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Market Overview

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 work‐life concepts continue to have an impact on the home furniture market.

Scope of the Report

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

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Key Market Trends

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.

Germany Home Furniture Market 1

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 Market 2

Competitive Landscape

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.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain / Supply Chain Analysis

    5. 4.5 Porters 5 Force Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Impact of COVID-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Kitchen Furniture

      2. 5.1.2 Living Room and Dining Room Furniture

      3. 5.1.3 Bedroom Furniture

      4. 5.1.4 Other Furniture

    2. 5.2 Distribution Channel

      1. 5.2.1 Supermarkets

      2. 5.2.2 Specialty Stores

      3. 5.2.3 Online

      4. 5.2.4 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Competition Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Thonet

      2. 6.2.2 Zeitraum

      3. 6.2.3 Eajy Furniture

      4. 6.2.4 Cor Furniture

      5. 6.2.5 Rolf Benz

      6. 6.2.6 Hulsta

      7. 6.2.7 BAUart

      8. 6.2.8 Becker

      9. 6.2.9 Osw

      10. 6.2.10 Oldenburger group

    3. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. APPENDIX

  9. 9. DISCLAIMER

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Frequently Asked Questions

The Germany Home Furniture Market market is studied from 2016 - 2026.

The Germany Home Furniture Market is growing at a CAGR of >4% over the next 5 years.

Thonet, Zeitraum, Eajy, Rolf Benz, Hulsta are the major companies operating in Germany Home Furniture Market.

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