Market Trends of Spain Furniture Industry
This section covers the major market trends shaping the Spain Furniture Market according to our research experts:
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.
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.
