Spain Furniture Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Spain Furniture Market is segmented by Material (Wood, Metal, Plastic and Other Materials), by Application (Home Furniture, Office Furniture, Hospitality Furniture, and Other Furniture) and by Distribution Channel (Supermarkets, Specialty Stores, Online, and Other Distribution Channels).

Market Snapshot

Spain Furniture Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 3.4 %

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Market Overview

Spain is one of the largest European furniture manufacturing countries. Furniture is referred to portable objects that are intended to support human activities. They are made from a variety of materials that include wood, metal, and plastic, among others. Furniture contributes directly in improving the aesthetic value of homes and offices. Developments in manufacturing technology and upsurge in demand for customizable furniture are the key factors that drive the growth of the Spain furniture market. Rising inclination towards renovation and remodelling projects in residential sectors will enhance the Spain furniture market size over the forecast timeframe. Additionally, increasing disposable income has influenced the individual to spend more on comfortable lifestyle, this is expected to provide growth opportunity for the market to some extent.

Scope of the Report

A complete background analysis of the Spain 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.

Material
Wood
Metal
Plastic
Other Materials
Distribution Channel
Supermarkets
Specialty Stores
Online
Other Distribution Channels
Application
Home Furniture
Office Furniture
Hospitality
Other Furniture

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Key Market Trends

Rising Exports of Spanish Furniture

Spain is one of leading players in the furniture industry. During 2019, Spanish furniture exports reached EUR 2,318 million, which represents an increase of 4.7% compared to the previous year. Furniture exports to the four main markets, France, Portugal, Germany, and United Kingdom accounted for 53.5% of total Spanish furniture exports. France remains the main export destination of Spanish furniture, with a high percentage of the total exported (28%) and a growth of 9% in the period.

Spain Furniture Market 1

Bedroom Furniture is the Largest Segment of the Market

Bedroom furniture includes beds with mattresses of different shapes and sizes, clothes closets, nightstands, and dressers. Economic growth and rising household incomes are few of the factors encouraging users to spend on commodities including furniture, in turn, increasing the demand for bedroom furniture in the recent years. The main driver influencing the market is the increased introduction of premium products owing to rising standard of living. Online bedroom furniture market has grown significantly in recent years due to expanded reach of shipping services, and fragmentation of consumer choices.

Spain Furniture Market 2

Competitive Landscape

The report covers major international players operating in the Spain 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 Material

      1. 5.1.1 Wood

      2. 5.1.2 Metal

      3. 5.1.3 Plastic

      4. 5.1.4 Other Materials

    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

    3. 5.3 Application

      1. 5.3.1 Home Furniture

      2. 5.3.2 Office Furniture

      3. 5.3.3 Hospitality

      4. 5.3.4 Other Furniture

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Competition Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Andreu World

      2. 6.2.2 Capdell

      3. 6.2.3 Actiu

      4. 6.2.4 Kettal

      5. 6.2.5 Gandia Blasco

      6. 6.2.6 BOS1964

      7. 6.2.7 Viccarbe

      8. 6.2.8 Treku

      9. 6.2.9 Vondom

      10. 6.2.10 STUA

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

  8. 8. APPENDIX

  9. 9. DISCLAIMER

**Subject to Availability

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Frequently Asked Questions

The Spain Furniture Market market is studied from 2016 - 2026.

The Spain Furniture Market is growing at a CAGR of 3.4% over the next 5 years.

Andreu World, Capdell, Actiu, Kettal, Gandia Blasco are the major companies operating in Spain Furniture Market.

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