Bedroom Furniture - Morocco

Morocco

In Morocco, the revenue generated in the Bedroom Furniture market in 2024 amounts to €69.49m.
It is projected that the market will experience an annual growth rate of 3.51% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this segment, reaching €38,040m in 2024.
Taking into account the total population figures, in 2024, per person revenues of €1.82 are generated in Morocco.
The demand for traditional Moroccan-style bedroom furniture is on the rise in Morocco, reflecting a renewed interest in cultural heritage and artisanal craftsmanship.

Key regions: Denmark, Germany, China, United States, Worldwide

Definition:

The Bedroom Furniture segment refers to those movable objects that are designed to be used in a bedroom, which is typically a space used for sleeping, dressing, and storage. It includes items such as beds, dressers, nightstands, and wardrobes, which are intended to make the room comfortable, functional, and aesthetically pleasing.

Structure:

The Bedroom Furniture segment is divided into four subsegments:

The Beds subsegment refers to furniture designed primarily for sleeping, which typically consist of a frame and mattress. This subsegment focuses on the frame and covers additional elements such as headboards, footboards, or storage drawers.
The Mattress subsegment refers to the long rectangular pad that is placed on top of a bed frame and is used to provide a comfortable sleeping surface. Mattresses come in a wide variety of sizes, from twin to king, and levels of firmness to suit individual preferences.
The Closets, Nightstands, & Dressers subsegment includes a range of storage furniture designed for bedrooms. These pieces are used to store and organize clothing, linens, and personal items, providing both functional and aesthetic value to the space.
The Bedding subsegment refers to products designed to enhance the comfort and functionality of a bed, including sheets, blankets, comforters, pillows, and mattress toppers. These products are available in a range of materials, styles, and sizes to suit individual preferences and needs.

Additional Information:

The Bedroom Furniture segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.

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Región

Comparación de regiones

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Analyst Opinion

The Bedroom Furniture market in Morocco has seen significant growth in recent years, driven by changing customer preferences, emerging trends in the market, and local special circumstances.

Customer preferences: in the Bedroom Furniture market in Morocco have shifted towards more modern and contemporary designs. Customers are increasingly looking for furniture that is not only functional but also aesthetically pleasing and in line with current design trends. This shift in preferences has led to an increase in demand for bedroom furniture with sleek lines, minimalist designs, and high-quality materials.

Trends in the market: have also played a role in the development of the Bedroom Furniture market in Morocco. One of the key trends is the growing popularity of online shopping. With the rise of e-commerce platforms and the increasing availability of internet access, more customers are opting to purchase bedroom furniture online. This trend has not only increased the convenience of shopping but has also widened the range of options available to customers, allowing them to choose from a wider variety of designs and price points. Another trend in the market is the focus on sustainability and eco-friendly materials. Customers are becoming more conscious of the environmental impact of their purchasing decisions and are actively seeking out furniture made from sustainable materials such as bamboo or reclaimed wood. This trend has led to the emergence of eco-friendly furniture brands and a shift towards more sustainable production practices in the Bedroom Furniture market in Morocco.

Local special circumstances: have also contributed to the development of the Bedroom Furniture market in Morocco. The country's growing middle class and increasing urbanization rates have resulted in higher disposable incomes and a greater demand for quality furniture. Additionally, the government's efforts to promote the tourism industry have led to an increase in the number of hotels and resorts in the country, driving the demand for bedroom furniture in the hospitality sector. Underlying macroeconomic factors have also played a role in the growth of the Bedroom Furniture market in Morocco. The country's stable economic growth, rising consumer spending, and favorable demographic trends have created a conducive environment for the expansion of the market. Furthermore, the government's initiatives to attract foreign investment and promote the manufacturing sector have led to the establishment of local furniture manufacturing companies, boosting the domestic production of bedroom furniture. In conclusion, the Bedroom Furniture market in Morocco has experienced significant growth in recent years due to changing customer preferences, emerging trends in the market, local special circumstances, and

Underlying macroeconomic factors:. The shift towards modern designs, the rise of online shopping, the focus on sustainability, the growing middle class, the expansion of the hospitality sector, and the government's initiatives have all contributed to the development of the market.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is categorized by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen & Dining room, Outdoor, Home Office, and Baby & Children's Furniture. The Furniture market also includes Lamps and Lighting and Home Décor because the furnishings and accessories within these categories are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.