Market Size of Netherlands Home Furniture Industry
| 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 | Medium |
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 involves buying and selling various furniture and furnishings intended for residential use. This market includes multiple 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.
- The proliferation of e-commerce platforms offering diverse furniture designs and models is fuelling the growth of the market, particularly in developing countries.
- The adoption of omnichannel distribution strategies by key players is also 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 fueling market growth, particularly in the home and office furniture segments, leading to increased sales across the Netherlands.
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.
