Kitchen & Dining Furniture - Kenya

Kenya

In Kenya, revenue generated in the Kitchen & Dining Furniture market in 2024 amounts to KES €31.03m.
It is projected that the market will experience an annual growth rate of 0.25% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this segment, amounting to approximately €35,620m in 2024.
Taking into account the total population figures, the per person revenue generated in Kenya in 2024 is approximately KES €0.55.
"The demand for locally made, sustainable kitchen and dining furniture is on the rise in Kenya, reflecting a growing appreciation for traditional craftsmanship and eco-friendly design."

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

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Kitchen & Dining Furniture market in Kenya is experiencing significant growth and development. Customer preferences in Kenya for kitchen and dining furniture have been shifting towards modern and stylish designs. Consumers are increasingly looking for furniture that not only serves its functional purpose but also adds aesthetic value to their homes. This trend is driven by the growing middle-class population in Kenya, who are willing to invest in high-quality furniture that reflects their personal style and status. Additionally, the influence of social media and online platforms has made consumers more aware of global design trends, leading to a demand for contemporary and innovative kitchen and dining furniture. Trends in the market indicate a rise in the demand for space-saving and multi-functional furniture. As urbanization continues to increase in Kenya, living spaces are becoming smaller, and consumers are looking for furniture that can maximize their limited space. This has led to a surge in the popularity of compact kitchen and dining furniture that can be easily folded or extended to accommodate different needs. Furthermore, the integration of technology in kitchen and dining furniture, such as smart appliances and wireless charging capabilities, is gaining traction among consumers who value convenience and efficiency in their homes. Local special circumstances in Kenya, such as the cultural significance of communal dining, also influence the market for kitchen and dining furniture. In Kenyan culture, sharing meals with family and friends is an important social activity. As a result, there is a demand for furniture that can accommodate large gatherings and facilitate communal dining experiences. This has led to an increased interest in dining sets with expandable tables and additional seating options. Underlying macroeconomic factors are also contributing to the growth of the Kitchen & Dining Furniture market in Kenya. The country's stable economic growth, rising disposable incomes, and increasing urbanization are driving consumer spending on home furnishings. Additionally, the government's focus on affordable housing and urban development initiatives has created opportunities for furniture manufacturers and retailers to cater to the growing demand for kitchen and dining furniture. In conclusion, the Kitchen & Dining Furniture market in Kenya is experiencing growth and development driven by changing

Customer preferences: trends towards modern and space-saving designs, local cultural influences, and favorable macroeconomic factors. As the market continues to evolve, furniture manufacturers and retailers in Kenya have the opportunity to capitalize on these trends and cater to the diverse needs and preferences of consumers.

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.