Product Code: ETC009758 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Romania Furniture market currently, in 2023, has witnessed an HHI of 974, Which has decreased slightly as compared to the HHI of 1701 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The furniture market in Romania is expected to grow at a CAGR of 8.5% during the forecast period 2020-2026, driven by rising income levels and increasing consumer demand for modern and stylish furniture. The Romanian market has shifted from traditional designs towards more contemporary designs, owing to increased exposure to international trends through online channels. Growing population, especially millennials who prefer minimalistic furniture with modern styling will further drive the demand for such products in the country. In addition, rise in number of domestic manufacturers offering customized solutions as well as competitive prices are anticipated to fuel growth over the coming years. Furthermore, initiatives taken by government for developing infrastructure along with favorable policies encouraging expansion of real estate sector are likely to have positive impact on overall industry development over next few years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Romania Furniture Market Overview |
3.1 Romania Country Macro Economic Indicators |
3.2 Romania Furniture Market Revenues & Volume, 2019 & 2026F |
3.3 Romania Furniture Market - Industry Life Cycle |
3.4 Romania Furniture Market - Porter's Five Forces |
3.5 Romania Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F |
3.6 Romania Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Romania Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Romania Furniture Market Trends |
6 Romania Furniture Market, By Types |
6.1 Romania Furniture Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Romania Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F |
6.1.3 Romania Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F |
6.1.4 Romania Furniture Market Revenues & Volume, By Wood, 2016 - 2026F |
6.1.5 Romania Furniture Market Revenues & Volume, By Metal, 2016 - 2026F |
6.1.6 Romania Furniture Market Revenues & Volume, By Other, 2016 - 2026F |
6.2 Romania Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Romania Furniture Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Romania Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F |
7 Romania Furniture Market Import-Export Trade Statistics |
7.1 Romania Furniture Market Export to Major Countries |
7.2 Romania Furniture Market Imports from Major Countries |
8 Romania Furniture Market Key Performance Indicators |
9 Romania Furniture Market - Opportunity Assessment |
9.1 Romania Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F |
9.2 Romania Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Romania Furniture Market - Competitive Landscape |
10.1 Romania Furniture Market Revenue Share, By Companies, 2019 |
10.2 Romania Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |