The European kitchen furniture market continues to expand and evolve, according to the latest comprehensive report from ResearchAndMarkets.com. Valued at approximately EUR 18 billion, the sector maintains a structurally positive trade balance and is seeing growing levels of both exports and imports, though its openness remains below that of the broader furniture industry.
© Nobilia
Nobilia is one of the kitchen manufacturers that are mentioned in the report.
The "European Market for Kitchen Furniture" report offers an in-depth analysis of market dynamics, highlighting production, consumption, international trade, distribution channels, and the competitive landscape across 30 European countries.
While most exports are retained within Europe, a significant share reaches overseas markets, notably North America, Asia-Pacific, and the Middle East. The report notes that 'the share of exports on production and the share of imports on consumption have progressively increased.'
The study presents a detailed sector overview, including segmentation by value, volume, and price range. It also outlines current trends and provides forecasts through 2027. Business performance indicators, such as GDP growth, consumer spending, and employment, offer context for the market's development between 2019 and 2024, with projections for the coming years.
Key insights include a deep dive into the supply structure, with breakdowns by cabinet door material, style, colour, lacquer type, and worktop material. Notably, innovation in embedded lighting, hinges, drawers, and sustainable materials is shaping product offerings.
The distribution landscape is becoming increasingly diversified. Channels include kitchen specialists, furniture shops and chains, DIY retailers, the building trade, e-commerce, and direct sales. The report provides a 'breakdown of sales by distribution channels in selected countries and geographic region (Central-Eastern Europe).'
From a competitive standpoint, the report identifies and profiles leading European and foreign manufacturers active across various price segments, from luxury to lower-end. It details sales data and market shares, and concludes with a focus on export shares outside Europe.
A financial analysis based on a sample of 120 European manufacturers evaluates key profitability ratios such as ROA, ROE, and EBITDA, along with employment indicators, offering insight into the financial health of the industry.
Companies featured in the report include major names such as Ikea, Nobilia, Howdens Joinery, Scavolini, Schmidt, Wren Kitchens, Nobia, and Leicht, among others.
The report also touches on sustainability initiatives and intellectual property trends, reflecting the market's broader strategic and regulatory developments.
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