Kenya Furniture Market (2020-2026) | Outlook, Analysis, Trends, Companies, Revenue, Growth, COVID-19 IMPACT, Share, Size, Forecast, Value & Industry

Kenya Furniture Market Synopsis

Kenya furniture market is expected to reach USD 2.4 billion by 2026, growing at a compound annual growth rate (CAGR) of 7.3% in the forecast period of 2020-2026. The increasing demand for contemporary and modern furniture in both residential and commercial sectors has driven the growth of this sector over the past few years. This trend is also supported by rising disposable income levels among individuals as well as continued investment in infrastructure projects such as real estate developments that create more demand for high quality furniture pieces. Additionally, increasing internet penetration rates have enabled access to global brands and designs which provide customers with a wider range of choices in terms of price points, styles, material types etc., leading to an increase in overall purchases made online or offline. Furthermore, government initiatives such as incentives provided to local manufacturers have boosted investments into production capabilities thus enabling increased supply side competition; further driving down prices and making them more affordable for consumers alike.

Key Highlights of the Report:

• Kenya Furniture Market Outlook
• Market Size of Kenya Furniture Market, 2019
• Forecast of Kenya Furniture Market, 2026
• Historical Data and Forecast of Kenya Furniture Revenues & Volume for the Period 2016 - 2026
• Kenya Furniture Market Trend Evolution
• Kenya Furniture Market Drivers and Challenges
• Kenya Furniture Price Trends
• Kenya Furniture Porter's Five Forces
• Kenya Furniture Industry Life Cycle
• Historical Data and Forecast of Kenya Furniture Market Revenues & Volume By Material Types for the Period 2016 - 2026
• Historical Data and Forecast of Kenya Furniture Market Revenues & Volume By Plastic for the Period 2016 - 2026
• Historical Data and Forecast of Kenya Furniture Market Revenues & Volume By Wood for the Period 2016 - 2026
• Historical Data and Forecast of Kenya Furniture Market Revenues & Volume By Metal for the Period 2016 - 2026
• Historical Data and Forecast of Kenya Furniture Market Revenues & Volume By Other for the Period 2016 - 2026
• Historical Data and Forecast of Kenya Furniture Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of Kenya Furniture Market Revenues & Volume By Residential for the Period 2016 - 2026
• Historical Data and Forecast of Kenya Furniture Market Revenues & Volume By Commercial for the Period 2016 - 2026
• Kenya Furniture Import Export Trade Statistics
• Market Opportunity Assessment By Material Types
• Market Opportunity Assessment By Applications
• Kenya Furniture Top Companies Market Share
• Kenya Furniture Competitive Benchmarking By Technical and Operational Parameters
• Kenya Furniture Company Profiles
• Kenya Furniture Key Strategic Recommendations