France Furniture Market - Growth, Trends, And Forecasts (2020 - 2025)

France is one of the largest furniture markets in Europe. The home furnishings market in France has been growing year on year till 2017. The decline in the housing, real estate, and construction markets, combined with actions by the social movement led to a decline in home furnishings in 2018. These factors affected the France furniture industry. However, a return to growth was seen in 2019, as consumers took advantage of bargain prices. Despite all these issue the future of furniture market in France is expected to remain positive. Companies like IKEA, Conforama, Nobilia, Roche Bobois are some of the prominent names of the home furnishings industry which control chains of stores that offer the complete range of home furnishings under one roof. Rising smartphone numbers, 4G penetration, millennial preferring online viewing compared to store visits, virtual reality showcase of furniture products are some factors driving the France online furniture market.

Key Market Trends

Increasing Demand for Office Furniture is Driving the Market

Office Furniture includes furniture pieces such as desks, office chairs, storage cabinets and other items typically found in a workplace environment. Shrinking office spaces and the high cost of commercial leases has increased the demand for multi-functional office furniture. Also, the adoption of customized office furniture is on the rise as some organizations prefer interiors that match their theme and work culture. With the rising number of start-ups, the demand for such furniture is expected to increase significantly during the forecast period. Increase in mergers and acquisitions and the rising popularity of online furniture stores will further boost market growth during the forecast period.

Online Sales is Growing in the Market

The online furniture sales in France is growing as customers prefer to shop online instead of going to stores. With smartphones and increasing Internet penetration, consumers can now check and buy products online while on the move. This feature has led to a significant number of vendors to conduct their business operations online. Vendors in the online home decor market also provide hassle-free home delivery options to customers. Factors such as the availability of detailed catalogues with defined product categories on a catalog most e-commerce platforms and the ease and convenience of online shopping will impel the growth prospects for this market over the forecast period.

Competitive Landscape

The report covers major international players operating in the France Furniture Market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

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- The market estimate (ME) sheet in Excel format
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