Market Size of Europe Upholstered Furniture Industry
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 |
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 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 Size Summary
The European upholstered furniture market is experiencing robust growth, driven by increasing consumer purchasing power and evolving lifestyles. This segment of the furniture industry is characterized by its use of cushions with foam, enclosed in fabric or leather, and supported by steel or wooden frames with springs. The market is benefiting from a rise in building construction, as new homes require modern furniture, and the popularity of contemporary designs over traditional ones. Trends such as modular and flexible furniture are gaining traction, catering to consumers seeking open living spaces. Innovations in fabric technology and a preference for neutral color palettes, like grey, beige, and cream, are further enhancing the appeal of upholstered furniture. The market's expansion is also supported by the growing urbanization and the increasing focus on aesthetics, as consumers seek furniture that offers both luxury and functionality.
The COVID-19 pandemic initially posed challenges to the market, disrupting supply chains and causing material shortages, but the industry is rebounding with the rise of online sales. Countries like the United Kingdom are leading in online furniture purchases, with major players like IKEA and Amazon investing in e-commerce to capitalize on this trend. The market is also witnessing a shift towards eco-friendly and multifunctional furniture, appealing to environmentally conscious consumers. Residential remodeling and the replacement of older furniture with newer, visually appealing products continue to drive demand. The market is dominated by a few major players, but technological advancements and product innovations are enabling mid-size and smaller companies to expand their presence. Notable companies such as DFS Furniture PLC, Natuzzi, and Roche Bobois are key players, with Natuzzi recently enhancing customer experience through augmented reality and interactive technologies.
Europe Upholstered Furniture Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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1.5 Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Chair
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2.1.2 Sofas
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2.1.3 Tables
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2.1.4 Beds
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2.1.5 Other Product Types
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2.2 Application
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2.2.1 Residential
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2.2.2 Commercial
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2.3 Distribution Channel
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2.3.1 Home Centers
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2.3.2 Flagship Stores
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2.3.3 Specialty Stores
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2.3.4 Online
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2.3.5 Other Distribution Channels
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2.4 Geography
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2.4.1 Germany
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2.4.2 United Kingdom
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2.4.3 France
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2.4.4 Denmark
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2.4.5 Poland
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2.4.6 Rest of Europe
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Europe Upholstered Furniture Market Size 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.