Kitchen & Dining Furniture Market Due to The Growing Consumer Base and The Presence of Top Players

Over the years, the kitchen and dining furniture have become the most inevitable and functional home furniture, and there use is no longer limited to dining and eating. Preference for home remodeling & renovation particularly among millennials and Gen Zers is one of the major factors boosting the demand for kitchen and dining furniture market.

Furniture not only enables and supports basic everyday functions such as eating and sleeping however has also been considered as a crucial element for home décor. Sofa, table, and chairs are the most important furniture in a home setting.

Theme-based home decor and constant home renovation is an on-going trend pursued by consumers belonging to upper-middle and middle-class populations of the urban economy. These consumers tend to look beyond the basic functionality of furniture and might seek additional attributes such as comfort and style.

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Kitchen & Dining Furniture Market – Key Trends

Buying furniture has become easier owing to the convenience of E-commerce platforms. WorldMarket, Overstock, and Urban Ladder are a few of the popular e-commerce platforms for buying furniture.

The availability of a wide range of products and easy delivery options through online platforms has boosted the demand manifold and will continue to surge over the years to come. Demand for multi-functional and versatile products that offer portability and can easily be fitted in small spaces is widely preferred by consumers.

The increasing number of nuclear families is also resulting in a demand for space-saving and portable products. This aspect will drive the demand the market growth in the coming years.

The growing importance of environment protection measures and increasing awareness concerning the same is encouraging several market players to introduce low-cost eco-friendly products while possibly avoiding or reducing the use of toxic chemicals in the production or design process.

For instance, Eco Balanza, Cisco Home, Vermont Wood Studios, and Holzmanufactur, amid others are some companies that offer eco-friendly and multi-purpose products produced without any toxic chemicals and carcinogens. To put this in perspective, Cisco Home offers eco-friendly products that are manufactured utilizing non-toxic chemicals and FSC (Forest Stewardship Council)-certified wood.