France furniture and home décor market is experiencing remarkable growth in recent years and is expected to continue to follow the trend over the next couple of years. France furniture and home décor market is one of the largest markets across the European Union countries, lagging to very few markets, including Germany, Italy, and the United Kingdom. Items like furniture, wooden flooring, curtains, and other such items are many essential commodities for home décor. Due to the rapid growth of the real estate sector, the furniture and home décor market is also expected to grow significantly. According to Renub Research report France Furniture Market is expected to be more than USD 12.5 Billion by 2026.
Besides, factors like urbanization and availability of furniture and home décor items through e-commerce at a discounted price is also expected to boost the market growth of France furniture and home décor market as it offers customer easy access to desired items with a variety of different design and choices. Also, witnessing the preference for opting eco-friendly products for home décor items is further likely to impact the furniture and home décor market positively in the region.
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France is one of the most populous nations among European countries. With all the territories, France has a population of more than 66 million and is expected to overcome Europe’s most populous country Germany very soon. The country population has already surpassed Italy, Spain, Poland, and Ukraine. France, along with Great Britain and the Netherlands, are among the European countries which top the list of Europe’s top 10 most populous states, which has not followed the trend of Europe’s declining population. This increasing population is further expected to increase the demand for furniture and home décor items to spur the France furniture and home décor market over the forecast period.
France furniture and home décor market include bedroom furniture, Kitchen furniture, seating segments (sofas, benches, recliners, and armchairs), furnishing furniture, garden furniture, bathroom furniture, and corporate furniture while home décor items include pots, lamps, artifacts and candle stands, etc. With increasing disposable income and per capita purchasing power of French people, the demand for these furniture and home décor items has surged enormously in the past few years. This growing demand further attracts various furniture and home décor companies to establish themselves in the region. However, Ikea, Conforama, and But are among the several furniture players who account for the significant market share.
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The per capita French furniture consumption is stable and increasing. In terms of furniture production, France ranks third, after Germany and Italy. Hence, France is unable to fulfill the growing demand, and to fulfill this ever-increasing consumer demand, France needs to import furniture or its parts. Today, France is the biggest importer of furniture or its components in the European Union.
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