Kitchen & Dining Furniture - Croatia

Croatia

In Croatia, the revenue generated in the Kitchen & Dining Furniture market is valued at €96.51m in 2024.
It is projected to experience an annual growth rate of 3.48% (CAGR 2024-2029).
When compared globally, in the United States leads the way with revenue amounting to €35,620m in 2024.
In terms of per capita figures, each person in Croatia contributes €24.21 in revenue in 2024.
Croatia's growing interest in contemporary and functional kitchen & dining furniture reflects the country's evolving taste for modern living spaces.

Key regions: Canada, United Kingdom, Brazil, Germany, India

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Analyst Opinion

The Kitchen & Dining Furniture market in Croatia is experiencing steady growth due to changing customer preferences, emerging trends, and local special circumstances.

Customer preferences: in the Kitchen & Dining Furniture market in Croatia have shifted towards more modern and minimalist designs. Customers are increasingly looking for furniture that is not only functional but also aesthetically pleasing. This preference for modern designs is driven by the desire to create a contemporary and stylish living space. Additionally, customers are also seeking furniture that is durable and of high quality, as they value longevity and value for money. Trends in the market include the growing popularity of open-plan living spaces. Many households in Croatia are opting for open-plan kitchens and dining areas, which require furniture that seamlessly blends into the overall design. This has led to an increased demand for kitchen islands, bar stools, and dining sets that can accommodate larger groups of people. Furthermore, there is a rising trend of incorporating eco-friendly and sustainable materials in kitchen and dining furniture, as customers become more conscious of their environmental impact.

Local special circumstances: also contribute to the development of the Kitchen & Dining Furniture market in Croatia. The country's tourism industry plays a significant role, as many tourists are looking to furnish their holiday homes or rental properties. This creates a demand for affordable yet stylish furniture options. Additionally, the growing number of young professionals and urban dwellers in Croatia has led to an increased demand for compact and space-saving furniture solutions. Underlying macroeconomic factors also influence the development of the Kitchen & Dining Furniture market in Croatia. The country's improving economy and rising disposable incomes have resulted in increased consumer spending on home furnishings. As people have more money to spend, they are willing to invest in higher-quality furniture that will last longer. Furthermore, the growing popularity of online shopping has made it easier for customers to access a wide range of kitchen and dining furniture options, contributing to market growth. In conclusion, the Kitchen & Dining Furniture market in Croatia is experiencing growth due to changing customer preferences, emerging trends, local special circumstances, and

Underlying macroeconomic factors:. The shift towards modern designs, the popularity of open-plan living spaces, and the demand for eco-friendly materials are all driving market growth. Additionally, the country's tourism industry and rising disposable incomes contribute to the development of the market. Overall, the future looks promising for the Kitchen & Dining Furniture market in Croatia.

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 segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments 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.