Kitchen & Dining Furniture - Romania

Romania

In Romania, the revenue generated in the Kitchen & Dining Furniture market in 2024 amounts to €56.28m.
It is projected that the market will experience an annual growth rate of -0.17% (CAGR 2024-2029).
When compared globally, in the United States leads in terms of revenue, generating €35,620m in 2024.
Taking into account the total population, per person revenues in Romania reach €2.87 in 2024.
Romania's market for kitchen and dining furniture is experiencing a surge in demand for modern, space-saving designs.

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

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Kitchen & Dining Furniture market in Romania is experiencing steady growth due to changing customer preferences and underlying macroeconomic factors.

Customer preferences: Customers in Romania are increasingly looking for kitchen and dining furniture that combines functionality with modern design. They prefer furniture that is not only durable and long-lasting, but also aesthetically pleasing and in line with the latest trends. This has led to a rise in demand for furniture made from high-quality materials such as solid wood, as well as furniture with sleek and minimalist designs. Additionally, customers are also placing importance on eco-friendly and sustainable products, driving the demand for furniture made from recycled or environmentally friendly materials.

Trends in the market: One of the key trends in the Kitchen & Dining Furniture market in Romania is the growing popularity of open-plan living spaces. Many customers are opting for open-plan kitchens and dining areas, which require furniture that seamlessly integrates with the overall design of the space. This has led to an increase in demand for modular and customizable furniture that can be easily adapted to different layouts and configurations. Additionally, there is also a growing trend towards multifunctional furniture, such as dining tables that can be extended or transformed into workspaces or storage units.

Local special circumstances: Romania has a rich cultural heritage, and this is reflected in the design preferences of its customers. Traditional Romanian design elements, such as intricate wood carvings and folk motifs, are often incorporated into kitchen and dining furniture to add a touch of local charm. This fusion of traditional and modern design elements has become increasingly popular among customers in Romania, as it allows them to showcase their cultural heritage while still embracing contemporary styles.

Underlying macroeconomic factors: The Kitchen & Dining Furniture market in Romania is also influenced by underlying macroeconomic factors. The country has experienced steady economic growth in recent years, which has resulted in an increase in disposable income levels. As a result, customers have more purchasing power and are willing to invest in higher-quality furniture for their homes. Additionally, the growing urbanization and rising middle class in Romania have also contributed to the growth of the market, as more people are moving into urban areas and seeking to furnish their homes with modern and stylish furniture. In conclusion, the Kitchen & Dining Furniture market in Romania is witnessing growth due to changing customer preferences for functional and aesthetically pleasing furniture, as well as underlying macroeconomic factors such as economic growth and urbanization. The market is characterized by trends such as open-plan living spaces, modular furniture, and a fusion of traditional and modern design elements. These factors, combined with the local special circumstances and cultural preferences of customers in Romania, are driving 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 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.