Netherlands Home Furniture Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 8.64 Billion |
| Market Size (2029) | USD 10.93 Billion |
| CAGR (2024 - 2029) | 4.81 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Netherlands Home Furniture Market Analysis
The Netherlands Home Furniture Market size is estimated at USD 8.64 billion in 2024, and is expected to reach USD 10.93 billion by 2029, growing at a CAGR of 4.81% during the forecast period (2024-2029).
The home furniture market encompasses the buying and selling of various types of furniture and furnishings intended for residential use. This market includes a multiple range of products such as sofas, beds, tables, chairs, cabinets, mattresses, and decorative accessories for living rooms, bedrooms, kitchens, dining rooms, and outdoor spaces. The rise in furniture spending among millennials, combined with their heightened brand awareness, is driving the market to achieve increasing revenues over the study period. Additionally, the proliferation of e-commerce platforms offering diverse furniture designs and models is fuelling market growth, particularly in developing countries. Moreover, the adoption of omnichannel distribution strategies by key players is contributing to higher revenue generation within the market.
Due to significant demand from younger consumers, key players in the furniture industry have introduced various offers on their products. The rising popularity of do-it-yourself (DIY) furniture products and ready-to-assemble (RTA) options is further fuelling market growth, particularly in the home and office furniture segments, leading to increased sales across the Netherlands. Additionally, the growth of residential and commercial construction projects in the country, coupled with the proliferation of strategic alliances and partnerships, is expected to drive further expansion in the market.
Netherlands Home Furniture Market Trends
The Market is Being Propelled by the Upward Trend in Disposable Income
The projected growth of the home furniture market is expected to benefit from the rising disposable income among the population. Additionally, changing lifestyles, characterized by a growing preference for smart furniture, are anticipated to drive market expansion further.
Furthermore, the increasing disposable income has prompted individuals to consider their social status, leading to higher spending on various products, including furniture. Specifically, the rising disposable income among urban residents is fuelling growth in the home furniture industry, with consumers willing to invest in premium products, even at higher costs.
Living Room and Dining Room Segment Accounts for Highest Share
The strong growth in furniture sales is observed in the Netherlands due to increased housing activity and rising expenditure on home furniture products. The market is consumer-oriented, with household purchases of bedroom, living room, and dining room furniture comprising the majority share, followed by expenditure on other furniture categories.
Dutch consumers prioritize durability and longevity, leading to a rising demand for high-end furniture, especially in design hubs like Toronto and Montreal. Wooden products are particularly favored for country-style living and dining room furniture.
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Netherlands Home Furniture Industry Overview
The Netherlands home furniture market is highly fragmented, and the market is predominantly comprised of small to medium-sized family-owned and operated businesses. The Netherlands furniture industry often needs help to compete with other countries. Due to high transportation and labor costs compared with other competing countries. However, to meet global competition, the players are building larger production capacities and focusing on achieving economies of scale. Some leading players in the Netherlands' home furniture market include Ikea, Leen Bakker, Home24, Beliani, and Meubella, among others.
Netherlands Home Furniture Market Leaders
Ikea
Leen Bakker
Home24
Beliani
Meubella
*Disclaimer: Major Players sorted in no particular order
Netherlands Home Furniture Market News
- In April 2023, Cassina completed the acquisition of the renowned Italian furniture brand Zanotta. Consequently, Zanotta is now under the umbrella of the Haworth Lifestyle Design organization, joining other prestigious brands such as Cassina, Cappellini, Ceccotti, Karakter, Poltrona Frau, Luxury Living, Janus Et Cie, Luminaire, and Interni.
- In January 2022, the Chinese online retail giant JD.com launched its inaugural physical stores in Europe. Operating under the brand name Ochama, these stores are situated in Leiden and Rotterdam in the Netherlands, with two additional locations scheduled for Amsterdam and Utrecht. Ochama represents a novel shopping format, combining online ordering and pick-up options, where robots are utilized to prepare parcels, facilitating a seamless shopping experience for customers.
Netherlands Home Furniture Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS & INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Insights on Technological Innovations in the Market
4.7 Impact of COVID-19 on the market
5. MARKET SEGMENTATION
5.1 By Material
5.1.1 Wood
5.1.2 Metal
5.1.3 Plastic
5.1.4 Other Furniture
5.2 By Type
5.2.1 Living Room Furniture
5.2.2 Dining Room Furniture
5.2.3 Bedroom Furniture
5.2.4 Kitchen Furniture
5.2.5 Other Furniture
5.3 By Distribution Channel
5.3.1 Home Centers
5.3.2 Flagship Stores
5.3.3 Specialty Stores
5.3.4 Online
5.3.5 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Competion Overview
6.2 Company Profiles
6.2.1 Ikea
6.2.2 Leen Bakker
6.2.3 Home24
6.2.4 Beliani
6.2.5 Meubella
6.2.6 Otto
6.2.7 Next direct
6.2.8 Hay Design*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Netherlands Home Furniture Industry Segmentation
Home furniture refers to a broad category of movable objects designed for use within residential spaces to support various activities and provide comfort, functionality, and aesthetic appeal. The category includes items such as sofas, chairs, tables, beds, dressers, cabinets, desks, and other furnishings used in living rooms, bedrooms, dining areas, kitchens, home offices, and outdoor spaces.
The Netherlands home furniture market forecast is segmented by material, type, distribution channel. By material wood, the market is segmented into wood, metal, plastic, and other furniture, by type, the market is segmented into living room furniture, kitchen furniture, dining-room furniture, bedroom furniture, and other furniture, and by distribution channel, the market is segmented into home centers, flagship stores, specialty stores, online stores, and other distribution channels. The reports offer the market sizing and forecasts for the Netherland home furniture market in value (USD) for all the above segments.
| By Material | |
| Wood | |
| Metal | |
| Plastic | |
| Other Furniture |
| By Type | |
| Living Room Furniture | |
| Dining Room Furniture | |
| Bedroom Furniture | |
| Kitchen Furniture | |
| Other Furniture |
| By Distribution Channel | |
| Home Centers | |
| Flagship Stores | |
| Specialty Stores | |
| Online | |
| Other Distribution Channels |
Netherlands Home Furniture Market Research FAQs
How big is the Netherlands Home Furniture Market?
The Netherlands Home Furniture Market size is expected to reach USD 8.64 billion in 2024 and grow at a CAGR of 4.81% to reach USD 10.93 billion by 2029.
What is the current Netherlands Home Furniture Market size?
In 2024, the Netherlands Home Furniture Market size is expected to reach USD 8.64 billion.
Who are the key players in Netherlands Home Furniture Market?
Ikea, Leen Bakker, Home24, Beliani and Meubella are the major companies operating in the Netherlands Home Furniture Market.
What years does this Netherlands Home Furniture Market cover, and what was the market size in 2023?
In 2023, the Netherlands Home Furniture Market size was estimated at USD 8.22 billion. The report covers the Netherlands Home Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Netherlands Home Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Netherlands Home Furniture Industry Report
Statistics for the 2024 Netherlands Home Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Netherlands Home Furniture analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
