The home furniture market experienced a steep decline in the first half of 2025, falling 3.9% overall, with a dramatic 10% drop in June alone, according to the Institute for Foresight and Furniture Studies (IPEA). All segments suffered double-digit losses except kitchens, which saw slight growth.
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The IPEA attributes the downturn not only to calendar effects, such as one less Saturday compared to last year, but also to continuing weak sales and a poor start to the sales period. This marks the third consecutive year of first-half declines, with a cumulative 10.9% drop since 2022.
While kitchen and bedding specialists showed resilience, mass retail and general furniture segments faced significant struggles. Mass distribution channels, including large retailers and DIY superstores, suffered from shifting strategies and reduced household renovation activity.
Consumer confidence remains low, and a historically high savings rate, 18.8% in Q1 2025—continues to limit spending. The IPEA suggests that without a clear real estate market recovery or improved consumer sentiment, the market outlook for the remainder of the year remains bleak. Nevertheless, interest in home improvement persists, with potential for recovery if the right incentives reach consumers.
Source: www.meuble-info.fr