France Furniture Market is expected to be more than USD 12.5 Billion by 2026


Posted December 2, 2019 by PrateekRenub

France's online furniture industry is quite good but, the general penetration of ecommerce in this country is still smaller than in Germany or the United Kingdom. France Furniture Market is expected to be more than USD 12.5 Billion by 2026.
 
Renub Research report titled “France Furniture Market by Segments (Kitchen Furniture, Upholstered Furniture, Beds, Bathroom Furniture, Garden Furniture, Furnishing Furniture), Distribution Channels, Ordering Methods (Offline, Online), Companies, Mergers & Acquisitions, Import Regulations” provides a complete analysis of France Home Furnishings Market. France Furniture Market is expected to be more than USD 12.5 Billion by 2026.

France's online furniture industry is quite good but, the general penetration of ecommerce in this country is still smaller than in Germany or the United Kingdom. Increasing smartphone numbers, 4 G penetrations, millennial preference for online viewing compared to store visits, virtual reality show of furniture products are some of the factors that will drive the online furniture market in France.

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In France, there are three major players in furniture that together own nearly half of France's furniture industry. Ikea has the largest market share followed by Conforama. France is also a major exporter of furniture in absolute terms, but the French furniture industry is less export-oriented than the average other European countries.

The major factors that propel the furniture market growth in France are; its population, rising per capita GDP, increasing disposable income, good standard of living etc. France is one of Europe's largest markets for furniture. France's home furniture market has grown year after year until 2017. But suddenly, the demand for furniture in France declined slightly in 2018 due to the decline in the market for building, housing and real estate. Such factors have influenced the furniture industry in France.

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Market Summary:
By Segment: In this study, there are six sections that have been extensively studied: kitchen furniture, upholstered furniture, beds, bathroom furniture, garden furniture, furnishing furniture. It is noted that the majority of Furnishing Furniture, Kitchen Furniture & Upholstered Furniture holds the majority of the market share in France Furniture, according to our study.
By Distribution Channels: We have covered six distribution channels in this report: Large Furniture Stores, Kitchen Houses, Medium Furniture Stores, Luxury Furniture Stores, Craft and Others. In the France furniture marketplace; kitchen shops, medium-sized furniture stores and large furniture stores dominate distribution channels.
By Ordering Methods: offline is most common order method in France but it recent time online purchase is increasing at rapid pace due to internet penetration and virtual reality.
By Companies: Chained retailers of furniture also dominate France's home furniture industry. Companies such as IKEA, Conforama, Nobilia, Roche Bobois are some of the leading names in the home furnishing industry that operate the chains of stores providing the full range of home furnishings under one roof.

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Key Topics Covered :
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
5. France - Furniture Market & Forecast
6. Market Share – France Furniture Analysis
7. Ordering Method – France Furniture Market
8. Segment – France Furniture Market
9. Distribution Channels – France Furniture Market
10. Import Regulations
11. Mergers & Acquisitions
12. Company Covered in this Report

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Tags France Furniture Market , Kitchen Furniture Market in France , France Upholstered Furniture Market , France Home Furniture Market , France Furniture Market Forecast , France Furniture Market by Segments
Last Updated December 2, 2019