Kitchen & Dining Furniture - Egypt

Egypt

In Egypt, the revenue generated in the Kitchen & Dining Furniture market in 2024 amounts to €102.00m.
This market is projected to grow annually by 3.73% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this segment, amounting to €35,620m in 2024.
In relation to the total population, per person revenues of €0.89 are generated in Egypt in 2024.
Egyptian consumers are increasingly opting for modern and minimalist kitchen and dining furniture, reflecting a desire for contemporary design and functionality.

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

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Analyst Opinion

The Kitchen & Dining Furniture market in Egypt has been experiencing steady growth in recent years. Customer preferences have shifted towards more modern and stylish designs, as well as a focus on functionality and durability. This trend is in line with global market preferences, as consumers worldwide are increasingly looking for furniture that not only looks good but also meets their practical needs. In terms of trends in the market, there has been a rise in demand for modular kitchen and dining furniture in Egypt. This can be attributed to the growing urbanization and smaller living spaces in cities, where consumers are looking for furniture that can be easily customized and adapted to their specific needs. Modular furniture allows for flexibility in design and layout, making it a popular choice among urban dwellers. Another trend in the market is the increasing popularity of eco-friendly and sustainable kitchen and dining furniture. Consumers in Egypt, like many other countries, are becoming more conscious of the environmental impact of their purchases and are seeking out furniture made from sustainable materials. This trend is driven by a combination of factors, including increased awareness of climate change and the desire to support companies that prioritize sustainability. In addition to these global trends, there are also local special circumstances that are influencing the Kitchen & Dining Furniture market in Egypt. One such circumstance is the cultural preference for traditional designs. Egyptian consumers often value furniture that reflects their cultural heritage and traditions. This has led to a demand for furniture with traditional Egyptian motifs and craftsmanship. Furthermore, the economic conditions in Egypt have also played a role in the development of the market. The country has experienced economic growth in recent years, resulting in an increase in disposable income for many consumers. This has allowed them to invest in higher-quality furniture and prioritize aesthetics and functionality in their purchasing decisions. Overall, the Kitchen & Dining Furniture market in Egypt is driven by a combination of global trends and local preferences. Customers are increasingly looking for modern and stylish designs, as well as furniture that is functional and durable. The rise in demand for modular and eco-friendly furniture reflects the changing lifestyles and values of Egyptian consumers. Additionally, the cultural preference for traditional designs and the improving economic conditions in the country have also contributed to the growth 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.