Outdoor Furniture - Algeria

Algeria

In Algeria, the revenue generated in the Outdoor Furniture market in 2024 amounts to €88.80m.
It is projected that the market will experience an annual growth rate of 1.74% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in this segment, with €16,940m in 2024.
Taking into account the total population, per person revenues of €1.92 are generated in Algeria in 2024.
Algeria's outdoor furniture market is witnessing a surge in demand as more people seek to create comfortable and stylish outdoor living spaces.

Key regions: Brazil, China, France, India, Germany

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Outdoor Furniture market in Algeria has been experiencing steady growth in recent years. Customer preferences have shifted towards outdoor living spaces, leading to increased demand for outdoor furniture. Additionally, local special circumstances and underlying macroeconomic factors have contributed to the development of the market.

Customer preferences: in Algeria have evolved to prioritize outdoor living spaces. Algerians are increasingly embracing the concept of creating comfortable and functional outdoor areas for relaxation and entertainment. This has led to a growing demand for outdoor furniture, including patio sets, lounge chairs, and dining sets. Customers are looking for durable and weather-resistant furniture that can withstand the harsh Algerian climate. They also value stylish designs that complement their outdoor aesthetics. Trends in the market reflect the changing customer preferences. There has been a rise in the availability of a wide range of outdoor furniture options in Algeria. Local retailers and international brands have expanded their product offerings to cater to the growing demand. The market has seen an increase in the use of materials such as rattan, teak, and aluminum, which are known for their durability and suitability for outdoor use. Additionally, there is a growing interest in modular outdoor furniture that can be easily rearranged to suit different outdoor spaces.

Local special circumstances: have played a role in the development of the Outdoor Furniture market in Algeria. The country's favorable climate, with long summers and mild winters, encourages outdoor living and creates a conducive environment for the use of outdoor furniture. Algerians also place a strong emphasis on family and social gatherings, which further drives the demand for outdoor furniture. The cultural significance of outdoor spaces, such as gardens and terraces, has contributed to the popularity of outdoor furniture in the country.

Underlying macroeconomic factors: have also influenced the growth of the Outdoor Furniture market in Algeria. The country's improving economy and rising disposable incomes have enabled more consumers to invest in outdoor furniture. As Algerians become more affluent, they are willing to spend on enhancing their outdoor living spaces. Additionally, the government's focus on promoting tourism and hospitality has led to an increase in the number of hotels, resorts, and restaurants that require outdoor furniture for their outdoor areas. In conclusion, the Outdoor Furniture market in Algeria is developing due to changing customer preferences, local special circumstances, and underlying macroeconomic factors. Algerians' growing interest in outdoor living spaces and the availability of a wide range of outdoor furniture options have contributed to the market's growth. The country's favorable climate, cultural significance of outdoor spaces, and increasing disposable incomes have also played a role in driving the demand for outdoor furniture.

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.