Market Size of Poland Home Furniture Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Poland Home Furniture Market Analysis
The Poland home furniture market is estimated at approximately USD 3,300 million in the current year and is poised to register a CAGR of greater than 6% during the forecast period.
The Polish furniture market's situation is gradually improving after the crisis triggered by the COVID-19 pandemic in 2020. At the end of May, 11% of companies recorded a sharp increase in orders, and only 7% did not receive orders.
Poland is the largest market in the Eastern area of Europe, and it is the third-largest supplier of furniture after Germany and Italy. Home furniture forms an integral part of home décor and furnishings in the living rooms of consumers. The intensifying focus on decorating their living spaces with creative pieces of furniture and innovative design is a key factor boosting the home furniture market. The growing need for shifting and settling down has led to an upsurge in demand for home furniture. Increasing demand for smart furniture is also projected to contribute significantly to the home furniture market's growth.
As the number of single- and two-person households grows, the demand for small and portable furniture increases. Consumers are also searching for multi-functional, collapsible, and technologically advanced furniture, particularly when it comes to living in tiny areas. Factors such as residential building market expansion, growing internet penetration, the increased appeal of eco-friendly products, and lifestyle changes are all contributing to the growth of the home furnishings industry.
