Europe Upholstered Furniture Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Upholstered Furniture Market Analysis
Upholstered furniture is one of the fastest-growing segments among the European furniture industry, and the market is projected to register a CAGR of more than 5% during the forecast period 2021-2026.
The outbreak of the coronavirus disease (COVID-19) acted as a massive restraint on the upholstered furniture manufacturing market in the European region in 2020. It has disrupted supply chains, caused a shortage of materials, and terminated contracts to control expenses. The lack of labor is also hampering the overall upholstered furniture market growth in the European region. This may slow down the industry growth during the forecast timeframe. Sales dropped due to consumers had little opportunity to explore the products.
Upholstered furniture offers a lot of cushions with foam, and it is always enclosed in fabric or leather. It also has a steel or wooden frame on the top of which springs are attached before cushions being arranged. Upholstered furniture is the product where fabric is in close contact with padding materials such as seats and other internal surfaces. Because of the fine finishing, the furniture has the perfect color combination, design, and patterns. An increase in consumers' purchasing power has led to the development of this market in leaps and bounds. Improvements in the standard of living of people and changing lifestyles are also driving the demand for such furniture in the market. An increase in building construction also supports the industry, as new homes are built and have new furniture requirements. The popularity of modern and contemporary furniture is expected to favor the market over traditional 3-piece suites. Other trends include modular and flexible furniture that allows consumers to have open living areas and spaces. There are numerous innovations and developments in the fabric industry that drive the selection of upholstered fabric among consumers in the European region. In terms of color, neutral and plain color fabrics stand at the core and are expected to remain popular in the medium term in many parts of Europe. Grey, beige, and cream shade fabrics are preferred by consumers in the upholstered furniture market.
Europe Upholstered Furniture Market Trends
This section covers the major market trends shaping the Europe Upholstered Furniture Market according to our research experts:
Growing Demand for Home Furniture Products through E-commerce
Online home furniture sales are expected to see upward growth worldwide, and Europe is also witnessing a surge in online sales of home furniture products. For instance, in Europe, countries like the United Kingdom are counted as the 5th largest market for furniture purchased online, and these numbers are expected to increase further in fore coming years. One of the key benefits of online retailing is increased choice and a higher level of personalization which stimulates the purchase decisions of customers. The rising digitalization of furniture and interior shopping offers immense potential to retailers, and many players such as IKEA and Amazon are investing heavily to increase their online presence in household e-commerce.
The Residential Segment in the European Region is Driving the Market
Growing disposable income, the increasing urbanization, and the rising focus on aesthetics and urban lifestyles are further leading to higher usage of upholstery furniture products. Fabric creates a first and lasting impression on people, so it is essential that it looks perfect. The upholstered furniture creates luxurious feelings and experiences among consumers with different types of fabric materials, which is responsible for driving this market. Urbanization is augmenting the growth of the market study with all major countries across the world, witnessing a ride in their urban population, which fuels the demand for furniture products like upholstered furniture. The installation of upholstered furniture can improve a home's appearance and boost its value. Upholstered furniture made from wood and metal with fabric padding materials such as seats and other internal surfaces is gaining popularity among consumers due to its high aesthetic value and durability. The rise in eco-friendly and multifunctional furniture is also supporting market growth in developed economies. Residential remodeling and replacement may continue to account for upholstered furniture demand, as homeowners replace older furniture with newer products that offer enhanced visuals.
Europe Upholstered Furniture Industry Overview
The report covers major international players operating in the European upholstered furniture market. In terms of market share, few 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 tapping new markets.
Europe Upholstered Furniture Market Leaders
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DFS Furniture PLC
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Natuzzi
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3C Gruppe
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Roche Bobois
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OKE Group
*Disclaimer: Major Players sorted in no particular order
Europe Upholstered Furniture Market News
- August 2019 - Natuzzi innovated its customer experience, and in New York, it launched the first augmented store: a new retail space with a novel combination of technological solutions like virtual and augmented reality, holographic display, advanced 3D modeling, and interactive product configurator live together in the store, to offer an engaging and exciting shopping experience.
Europe Upholstered 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 INSIGHTS AND DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Value Chain Analysis
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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 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 Chair
- 5.1.2 Sofas
- 5.1.3 Tables
- 5.1.4 Beds
- 5.1.5 Other Product Types
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5.2 Application
- 5.2.1 Residential
- 5.2.2 Commercial
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5.3 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
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5.4 Geography
- 5.4.1 Germany
- 5.4.2 United Kingdom
- 5.4.3 France
- 5.4.4 Denmark
- 5.4.5 Poland
- 5.4.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 OKE
- 6.1.2 DFS Furniture PLC
- 6.1.3 B&B ITALIA
- 6.1.4 Ashley HomeStores Ltd
- 6.1.5 Natuzzi
- 6.1.6 3C Gruppe
- 6.1.7 Comforty
- 6.1.8 Polipol Group
- 6.1.9 Roche Bobois
- 6.1.10 Steinhoff Möbel
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER
** Subject To AvailablityEurope Upholstered Furniture Industry Segmentation
Upholstery is the work of providing furniture, especially seats, with padding, springs, webbing, and fabric or leather covers. A complete background analysis of the European upholstered furniture market, which includes an assessment of the upholstered furniture market in Europe, emerging trends by segments and regional markets, significant changes in market dynamics, and market overview, is covered in the report. The report also features qualitative and quantitative assessments by analyzing the data gathered from industry analysts and market participants across key points in the industry's value chain. The European upholstered furniture market is segmented by product type (chair, sofas, tables, beds, and other product types), application (residential and commercial), distribution channel (home centers, flagship stores, specialty stores, online, and other distribution channels), and geography (Germany, United Kingdom, France, Italy, Denmark, Poland, and Rest of Europe).
| Product Type | Chair |
| Sofas | |
| Tables | |
| Beds | |
| Other Product Types | |
| Application | Residential |
| Commercial | |
| Distribution Channel | Home Centers |
| Flagship Stores | |
| Specialty Stores | |
| Online | |
| Other Distribution Channels | |
| Geography | Germany |
| United Kingdom | |
| France | |
| Denmark | |
| Poland | |
| Rest of Europe |
Europe Upholstered Furniture Market Research FAQs
What is the current Europe Upholstered Furniture Market size?
The Europe Upholstered Furniture Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Europe Upholstered Furniture Market?
DFS Furniture PLC, Natuzzi, 3C Gruppe, Roche Bobois and OKE Group are the major companies operating in the Europe Upholstered Furniture Market.
What years does this Europe Upholstered Furniture Market cover?
The report covers the Europe Upholstered Furniture Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Upholstered Furniture Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Upholstered Furniture Industry Report
Statistics for the 2024 Europe Upholstered Furniture market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Upholstered Furniture analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
