Product Code: ETC009750 | Publication Date: Jun 2023 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
France Furniture Market registered a decline of -5.65% in value shipments in 2022 as compared to 2021 and an increase of 5.25% CAGR in 2022 over a period of 2017. In Furniture Market France is becoming more competitive as the HHI index in 2022 was 991 while in 2017 it was 1052. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
France has reportedly relied more on imports to meet its growing demand in Furniture Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Furniture Market in 2022 was 3.96 while in 2017 it was 3.81. Italy, China, Poland, Germany and Belgium were among the top players of the market in 2022, where Italy acquired the largest market share of 18.78% with a shipment value of 672.73 million USD in 2022 Italy also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 20.32% with the shipment value of 565.36 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although China offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the France Furniture Market in 2017.
The France furniture market is expected to reach a value of around €36.45billion by 2026, registering a CAGR of 5.2% during the forecast period 2020-2026. This growth can be attributed to factors such as increasing urbanization and rising disposable income amongst the population in France; changing lifestyle trends which have led to increased investment in furniture, development of smart homes, and technological advancements like 3D printing that are contributing towards product innovation within the sector.
Furthermore, growing popularity for online shopping among customers will also act as a catalyst for market growth over this time frame owing to greater convenience and availability of products with discounts from multiple vendors at one place without any geographical restrictions on purchasing power or access. The biggest challenge faced by this industry is sustainability due to environmental concerns which has forced companies to focus on creating eco-friendly designs through use of recyclable materials so as not only reduce costs but also meet customer expectations related with quality & design aesthetics while being conscious about their carbon footprint simultaneously.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 France Furniture Market Overview |
3.1 France Country Macro Economic Indicators |
3.2 France Furniture Market Revenues & Volume, 2019 & 2026F |
3.3 France Furniture Market - Industry Life Cycle |
3.4 France Furniture Market - Porter's Five Forces |
3.5 France Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F |
3.6 France Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 France Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 France Furniture Market Trends |
6 France Furniture Market, By Types |
6.1 France Furniture Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 France Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F |
6.1.3 France Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F |
6.1.4 France Furniture Market Revenues & Volume, By Wood, 2016 - 2026F |
6.1.5 France Furniture Market Revenues & Volume, By Metal, 2016 - 2026F |
6.1.6 France Furniture Market Revenues & Volume, By Other, 2016 - 2026F |
6.2 France Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 France Furniture Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 France Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F |
7 France Furniture Market Import-Export Trade Statistics |
7.1 France Furniture Market Export to Major Countries |
7.2 France Furniture Market Imports from Major Countries |
8 France Furniture Market Key Performance Indicators |
9 France Furniture Market - Opportunity Assessment |
9.1 France Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F |
9.2 France Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 France Furniture Market - Competitive Landscape |
10.1 France Furniture Market Revenue Share, By Companies, 2019 |
10.2 France Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |