Bedroom Furniture - Sweden

Sweden

In Sweden, the revenue in the Bedroom Furniture market in 2024 is estimated to reach €1.36bn.
It is projected to experience an annual growth rate of 6.80% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States generates the highest revenue in this segment, amounting to €43,120m in 2024.
In terms of per capita figures, each person in Sweden generates revenues of 0.00 in 2024.
The popularity of minimalist and functional designs in bedroom furniture is on the rise in Sweden.

Key regions: Denmark, Germany, China, United States, Worldwide

Definition:

The Bedroom Furniture segment refers to those movable objects that are designed to be used in a bedroom, which is typically a space used for sleeping, dressing, and storage. It includes items such as beds, dressers, nightstands, and wardrobes, which are intended to make the room comfortable, functional, and aesthetically pleasing.

Structure:

The Bedroom Furniture segment is divided into four subsegments:

The Beds subsegment refers to furniture designed primarily for sleeping, which typically consist of a frame and mattress. This subsegment focuses on the frame and covers additional elements such as headboards, footboards, or storage drawers.
The Mattress subsegment refers to the long rectangular pad that is placed on top of a bed frame and is used to provide a comfortable sleeping surface. Mattresses come in a wide variety of sizes, from twin to king, and levels of firmness to suit individual preferences.
The Closets, Nightstands, & Dressers subsegment includes a range of storage furniture designed for bedrooms. These pieces are used to store and organize clothing, linens, and personal items, providing both functional and aesthetic value to the space.
The Bedding subsegment refers to products designed to enhance the comfort and functionality of a bed, including sheets, blankets, comforters, pillows, and mattress toppers. These products are available in a range of materials, styles, and sizes to suit individual preferences and needs.

Additional Information:

The Bedroom Furniture segment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This segment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.

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Région

Comparaison de régions

Monnaie

Analyst Opinion

The Bedroom Furniture market in Sweden has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors.

Customer preferences: in the Bedroom Furniture market in Sweden have shifted towards modern and minimalistic designs. Swedish consumers are increasingly opting for sleek and functional furniture that maximizes space and offers a clean aesthetic. This preference for modern designs is influenced by the Scandinavian design movement, which emphasizes simplicity, functionality, and natural materials. Additionally, consumers are seeking sustainable and eco-friendly options, leading to a rise in demand for furniture made from recycled or renewable materials.

Trends in the market: indicate a growing interest in smart bedroom furniture. With the increasing adoption of smart home technology, Swedish consumers are looking for bedroom furniture that integrates seamlessly with their connected devices. This includes features such as built-in usb ports, wireless charging capabilities, and voice-controlled lighting. The convenience and efficiency offered by smart bedroom furniture appeal to tech-savvy consumers who value automation and connectivity in their homes.

Local special circumstances: in Sweden also contribute to the development of the Bedroom Furniture market. The country has a high homeownership rate, with a significant proportion of the population living in single-family houses. This creates a demand for bedroom furniture that is tailored to individual homes and personal preferences. Swedish consumers value customization options and the ability to personalize their living spaces, leading to a demand for modular furniture that can be easily adapted and rearranged.

Underlying macroeconomic factors: play a role in driving the growth of the Bedroom Furniture market in Sweden. The country has a strong economy with high disposable incomes and a stable housing market. This enables consumers to invest in high-quality bedroom furniture and prioritize their comfort and well-being. Additionally, the trend of urbanization in Sweden has led to an increase in apartment living, which drives the demand for space-saving and multifunctional furniture. In conclusion, the Bedroom Furniture market in Sweden is developing in response to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. Swedish consumers are opting for modern and minimalistic designs, with a growing interest in smart bedroom furniture. The country's high homeownership rate, preference for customization, and strong economy contribute to the growth of the market. As the market continues to evolve, manufacturers and retailers need to adapt their offerings to meet the evolving needs and preferences of Swedish consumers.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.