| Product Code: ETC009752 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Russia Furniture market currently, in 2023, has witnessed an HHI of 1649, Which has increased slightly as compared to the HHI of 1395 in 2017. The market is moving towards moderately competitive. 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 fewer numbers of players or countries exporting in the market.
The furniture market in Russia is expected to grow at a CAGR of 3.6% during the forecast period 2020-2026. The increasing demand for furniture due to rising urbanization and changing lifestyle, increasing disposable income, growing prevalence of online sales channels are some of the major drivers fueling the growth of the Russian furniture market. Moreover, technological advancement and emergence of smart home furnishings are likely to create lucrative opportunities for key players operating in this market over the forecast period. However, geopolitical tensions between Russia and other countries may impede growth prospects of this regional market over the coming years.
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 Russia Furniture Market Overview |
3.1 Russia Country Macro Economic Indicators |
3.2 Russia Furniture Market Revenues & Volume, 2019 & 2026F |
3.3 Russia Furniture Market - Industry Life Cycle |
3.4 Russia Furniture Market - Porter's Five Forces |
3.5 Russia Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F |
3.6 Russia Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Russia Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing urban population leading to increased demand for furniture |
4.2.2 Rising disposable income of consumers in Russia |
4.2.3 Expansion of online retail channels for furniture sales |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuating currency exchange rates |
4.3.2 Increasing competition from international furniture brands |
4.3.3 High transportation and logistics costs in Russia |
5 Russia Furniture Market Trends |
6 Russia Furniture Market, By Types |
6.1 Russia Furniture Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Russia Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F |
6.1.3 Russia Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F |
6.1.4 Russia Furniture Market Revenues & Volume, By Wood, 2016 - 2026F |
6.1.5 Russia Furniture Market Revenues & Volume, By Metal, 2016 - 2026F |
6.1.6 Russia Furniture Market Revenues & Volume, By Other, 2016 - 2026F |
6.2 Russia Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Russia Furniture Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Russia Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F |
7 Russia Furniture Market Import-Export Trade Statistics |
7.1 Russia Furniture Market Export to Major Countries |
7.2 Russia Furniture Market Imports from Major Countries |
8 Russia Furniture Market Key Performance Indicators |
8.1 Average order value of furniture purchases |
8.2 Percentage of online sales in the total furniture market |
8.3 Customer satisfaction ratings for furniture retailers |
9 Russia Furniture Market - Opportunity Assessment |
9.1 Russia Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F |
9.2 Russia Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Russia Furniture Market - Competitive Landscape |
10.1 Russia Furniture Market Revenue Share, By Companies, 2019 |
10.2 Russia Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |