Market Size of Italy Furniture Retail Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 16.04 Billion EUR |
| Market Size (2029) | USD 18.24 Billion EUR |
| CAGR (2024 - 2029) | 2.61 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Italy Furniture Retail Market Analysis
The Italy Furniture Retail Market size is estimated at EUR 16.04 billion in 2024, and is expected to reach EUR 18.24 billion by 2029, growing at a CAGR of 2.61% during the forecast period (2024-2029).
With the advent of the health crisis due to the pandemic, lockdown policies and the high uncertainty about household income prospects have strongly influenced the dynamics of the demand for furniture in Italy. The demand for the furniture for the segment characterized by a high average amount, such as kitchen furniture, is highly impacted by the COVID-19.
The Italian furniture industry plays an important part in the Italian economy. Italy is one of the leading exporters of furniture in the world and the fourth largest furniture manufacturer in the world. The Italian furniture tradition occupies a special place in the overall history of furniture, with Italy being the birthplace of the classical Renaissance and the Italian Renaissance furniture. Due to the very long life of furniture, brands rely on three factors to increase their sales: fashion (especially in the kitchen), the construction of new homes and the mobility of the population. Modern Italian furniture is quite popular from worldwide just because of their uniqueness and extra ordinary designs. ActuallyItaly is globally recognized to make fashionable and designer's furniture, in fact they are leading on furniture industry. Classical Italian furniture has a very opulent look - curved lines, rich materials such as silk, brocade or velvet, and intricate carvings, with or without gilding. Pieces such as dining room tables, beds and sofas tend to have a larger-than-life look, and can be physically large and heavy, as well.
The retailing of furniture in Italy is mainly divided into offline or brick-and-mortar retailing and online or e-commerce retailing. Under offline retailing in Italy the distribution channels covered are specialized organized distribution (chains, franchises, buying groups) and non-specialized (department stores, DIY / Do-it-yourself, hypermarkets), traditional distribution (independent distributors), and other (direct sales and other forms of retail sales such as postal or home sales). Under online retailing all furniture retailers who sell furniture products online got covered.
