Kitchen & Dining Furniture - Poland

Poland

In Poland, the revenue in the Kitchen & Dining Furniture market for 2024 is projected to reach €458.10m.
The market is anticipated to experience an annual growth rate of -0.41% (CAGR 2024-2029).
When comparing globally, in the United States generates the highest revenue in this segment, with an estimated revenue of €35,620m in 2024.
Considering the population figures, the per person revenue in Poland is expected to be €11.39 in 2024.
Poland's market for Kitchen & Dining Furniture is experiencing a surge in demand for sleek, modern designs to accommodate the country's growing urban population.

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

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Analyst Opinion

The Kitchen & Dining Furniture market in Poland has been experiencing significant growth over the past few years.

Customer preferences: Polish consumers have been increasingly interested in purchasing kitchen and dining furniture that is not only functional but also aesthetically pleasing. They are looking for furniture that can enhance the overall look and feel of their homes. Additionally, there is a growing demand for furniture that is durable and made from high-quality materials, as consumers are willing to invest in long-lasting products.

Trends in the market: One of the key trends in the Kitchen & Dining Furniture market in Poland is the rising popularity of modern and minimalist designs. Consumers are opting for sleek and clean lines, with a focus on simplicity and functionality. This trend is driven by the desire for a contemporary look that can easily blend with different interior styles. Another trend in the market is the increasing demand for eco-friendly and sustainable furniture. Polish consumers are becoming more aware of the environmental impact of their purchasing decisions and are actively seeking products that are made from sustainable materials and produced in an environmentally responsible manner. This trend is also influenced by the growing global awareness of sustainability issues.

Local special circumstances: Poland has a strong tradition of craftsmanship and woodworking, which has contributed to the development of a thriving furniture industry. The country is known for its skilled artisans who produce high-quality furniture using traditional techniques. This has resulted in a wide range of locally-made kitchen and dining furniture options available to consumers. Furthermore, Poland has a large population of young and urban consumers who are more likely to invest in furniture for their homes. These consumers have higher disposable incomes and are willing to spend more on premium products. This demographic trend has created a favorable market environment for the Kitchen & Dining Furniture industry.

Underlying macroeconomic factors: The growth of the Kitchen & Dining Furniture market in Poland can also be attributed to the country's strong macroeconomic fundamentals. Poland has experienced steady economic growth in recent years, which has translated into increased consumer spending power. Additionally, low interest rates and favorable financing options have made it easier for consumers to make large purchases such as furniture. In conclusion, the Kitchen & Dining Furniture market in Poland is developing in response to changing customer preferences, with a focus on modern and minimalist designs, as well as eco-friendly and sustainable options. The country's strong tradition of craftsmanship and woodworking, along with favorable macroeconomic factors, have 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.