The Europe Smart Furniture Market would witness market growth of 11.2% CAGR during the forecast period (2021-2027).
Some of the growth catalysts for the Smart Furniture market are the surge in acceptance of tech-savvy workspace across corporate offices catering to IT, research, and laboratories, together with the desire for optimized and efficient work furniture among work-from-home professionals. Additionally, because of growing discretionary income, consumers' lifestyles are altering dramatically, particularly in urban regions. The lives of Professionals and workaholics are being made easier by the introduction of luxurious and technologically integrated products. Furthermore, rising disposable income has prompted consumers to consider their social position, resulting in greater spending on goods such as furnishings.
One of the most important elements supporting the growth of the smart furniture market is changing lifestyles. People are now more interested in investing in home automation solutions like smart furniture as a result of increased discretionary spending.
The European luxury furniture market is one of the largest and fastest expanding in the world. In addition, many significant companies in the smart furniture market in Europe are developing their own online platforms and forming partnerships with e-commerce retail outlets to expand their distribution networks, which is one of the major trends in the regional market. In addition, the expanding presence of smart furniture makers from Europe in other developing countries is expected to alter market dynamics in the future years. Furthermore, the growing international commerce of smart furniture between Germany, Italy, Poland, and China and the United States, the United Kingdom, France, and Canada is predicted to play a significant role.
The Germany market dominated the Europe Smart Furniture Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $19,915.6 Thousands by 2027. The UK market is anticipated to grow at a CAGR of 10.3% during (2021 - 2027). Additionally, The France market would experience a CAGR of 12% during (2021 - 2027).
Based on Application, the market is segmented into Commercial and Residential. Based on Product, the market is segmented into Smart Desks, Smart Tables, Smart Chairs and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Smart Furniture Market Size will Hit $290.8 Million by 2027, at a CAGR of 11.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sleep Number Corporation, Inter IKEA Systems B.V., Eight Sleep, Hi-Interiors Srl, Fonesalesman Ltd., Nitz engineering Srl, Desktronic, Modoola Limited, and Sobro (StoreBound LLC).
Scope of the Study
Market Segments Covered in the Report:
By Application
By Product
- Smart Desks
- Smart Tables
- Smart Chairs
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Sleep Number Corporation
- Inter IKEA Systems B.V.
- Eight Sleep
- Hi-Interiors Srl
- Fonesalesman Ltd.
- Nitz engineering Srl
- Desktronic
- Modoola Limited
- Sobro (StoreBound LLC)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Furniture Market, by Application
1.4.2 Europe Smart Furniture Market, by Product
1.4.3 Europe Smart Furniture Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Smart furniture Market
Chapter 4. Europe Smart Furniture Market by Application
4.1 Europe Commercial Market by Country
4.2 Europe Residential Market by Country
Chapter 5. Europe Smart Furniture Market by Product
5.1 Europe Smart Desks Market by Country
5.2 Europe Smart Tables Market by Country
5.3 Europe Smart Chairs Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Smart Furniture Market by Country
6.1 Germany Smart Furniture Market
6.1.1 Germany Smart Furniture Market by Application
6.1.2 Germany Smart Furniture Market by Product
6.2 UK Smart Furniture Market
6.2.1 UK Smart Furniture Market by Application
6.2.2 UK Smart Furniture Market by Product
6.3 France Smart Furniture Market
6.3.1 France Smart Furniture Market by Application
6.3.2 France Smart Furniture Market by Product
6.4 Russia Smart Furniture Market
6.4.1 Russia Smart Furniture Market by Application
6.4.2 Russia Smart Furniture Market by Product
6.5 Spain Smart Furniture Market
6.5.1 Spain Smart Furniture Market by Application
6.5.2 Spain Smart Furniture Market by Product
6.6 Italy Smart Furniture Market
6.6.1 Italy Smart Furniture Market by Application
6.6.2 Italy Smart Furniture Market by Product
6.7 Rest of Europe Smart Furniture Market
6.7.1 Rest of Europe Smart Furniture Market by Application
6.7.2 Rest of Europe Smart Furniture Market by Product
Chapter 7. Company Profiles
7.1 Sleep Number Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Product Launches and Product Expansions:
7.2 Inter IKEA Systems B.V.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Acquisition and Mergers:
7.3 Eight Sleep
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Product Launches and Product Expansions:
7.4 Hi-Interiors Srl
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Fonesalesman Ltd.
7.5.1 Company Overview
7.6 Nitz engineering Srl
7.6.1 Company Overview
7.7 Desktronic
7.7.1 Company Overview
7.8 Modoola Limited
7.8.1 Company Overview
7.9 Sobro (StoreBound LLC)
7.9.1 Company Overview
TABLE 1 Europe Smart Furniture Market, 2017 - 2020, USD Thousands
TABLE 2 Europe Smart Furniture Market, 2021 - 2027, USD Thousands
TABLE 3 Europe Smart Furniture Market by Application, 2017 - 2020, USD Thousands
TABLE 4 Europe Smart Furniture Market by Application, 2021 - 2027, USD Thousands
TABLE 5 Europe Commercial Market by Country, 2017 - 2020, USD Thousands
TABLE 6 Europe Commercial Market by Country, 2021 - 2027, USD Thousands
TABLE 7 Europe Residential Market by Country, 2017 - 2020, USD Thousands
TABLE 8 Europe Residential Market by Country, 2021 - 2027, USD Thousands
TABLE 9 Europe Smart Furniture Market by Product, 2017 - 2020, USD Thousands
TABLE 10 Europe Smart Furniture Market by Product, 2021 - 2027, USD Thousands
TABLE 11 Europe Smart Desks Market by Country, 2017 - 2020, USD Thousands
TABLE 12 Europe Smart Desks Market by Country, 2021 - 2027, USD Thousands
TABLE 13 Europe Smart Tables Market by Country, 2017 - 2020, USD Thousands
TABLE 14 Europe Smart Tables Market by Country, 2021 - 2027, USD Thousands
TABLE 15 Europe Smart Chairs Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Europe Smart Chairs Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Europe Others Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Europe Others Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Europe Smart Furniture Market by Country, 2017 - 2020, USD Thousands
TABLE 20 Europe Smart Furniture Market by Country, 2021 - 2027, USD Thousands
TABLE 21 Germany Smart Furniture Market, 2017 - 2020, USD Thousands
TABLE 22 Germany Smart Furniture Market, 2021 - 2027, USD Thousands
TABLE 23 Germany Smart Furniture Market by Application, 2017 - 2020, USD Thousands
TABLE 24 Germany Smart Furniture Market by Application, 2021 - 2027, USD Thousands
TABLE 25 Germany Smart Furniture Market by Product, 2017 - 2020, USD Thousands
TABLE 26 Germany Smart Furniture Market by Product, 2021 - 2027, USD Thousands
TABLE 27 UK Smart Furniture Market, 2017 - 2020, USD Thousands
TABLE 28 UK Smart Furniture Market, 2021 - 2027, USD Thousands
TABLE 29 UK Smart Furniture Market by Application, 2017 - 2020, USD Thousands
TABLE 30 UK Smart Furniture Market by Application, 2021 - 2027, USD Thousands
TABLE 31 UK Smart Furniture Market by Product, 2017 - 2020, USD Thousands
TABLE 32 UK Smart Furniture Market by Product, 2021 - 2027, USD Thousands
TABLE 33 France Smart Furniture Market, 2017 - 2020, USD Thousands
TABLE 34 France Smart Furniture Market, 2021 - 2027, USD Thousands
TABLE 35 France Smart Furniture Market by Application, 2017 - 2020, USD Thousands
TABLE 36 France Smart Furniture Market by Application, 2021 - 2027, USD Thousands
TABLE 37 France Smart Furniture Market by Product, 2017 - 2020, USD Thousands
TABLE 38 France Smart Furniture Market by Product, 2021 - 2027, USD Thousands
TABLE 39 Russia Smart Furniture Market, 2017 - 2020, USD Thousands
TABLE 40 Russia Smart Furniture Market, 2021 - 2027, USD Thousands
TABLE 41 Russia Smart Furniture Market by Application, 2017 - 2020, USD Thousands
TABLE 42 Russia Smart Furniture Market by Application, 2021 - 2027, USD Thousands
TABLE 43 Russia Smart Furniture Market by Product, 2017 - 2020, USD Thousands
TABLE 44 Russia Smart Furniture Market by Product, 2021 - 2027, USD Thousands
TABLE 45 Spain Smart Furniture Market, 2017 - 2020, USD Thousands
TABLE 46 Spain Smart Furniture Market, 2021 - 2027, USD Thousands
TABLE 47 Spain Smart Furniture Market by Application, 2017 - 2020, USD Thousands
TABLE 48 Spain Smart Furniture Market by Application, 2021 - 2027, USD Thousands
TABLE 49 Spain Smart Furniture Market by Product, 2017 - 2020, USD Thousands
TABLE 50 Spain Smart Furniture Market by Product, 2021 - 2027, USD Thousands
TABLE 51 Italy Smart Furniture Market, 2017 - 2020, USD Thousands
TABLE 52 Italy Smart Furniture Market, 2021 - 2027, USD Thousands
TABLE 53 Italy Smart Furniture Market by Application, 2017 - 2020, USD Thousands
TABLE 54 Italy Smart Furniture Market by Application, 2021 - 2027, USD Thousands
TABLE 55 Italy Smart Furniture Market by Product, 2017 - 2020, USD Thousands
TABLE 56 Italy Smart Furniture Market by Product, 2021 - 2027, USD Thousands
TABLE 57 Rest of Europe Smart Furniture Market, 2017 - 2020, USD Thousands
TABLE 58 Rest of Europe Smart Furniture Market, 2021 - 2027, USD Thousands
TABLE 59 Rest of Europe Smart Furniture Market by Application, 2017 - 2020, USD Thousands
TABLE 60 Rest of Europe Smart Furniture Market by Application, 2021 - 2027, USD Thousands
TABLE 61 Rest of Europe Smart Furniture Market by Product, 2017 - 2020, USD Thousands
TABLE 62 Rest of Europe Smart Furniture Market by Product, 2021 - 2027, USD Thousands
TABLE 63 Key Information – Sleep Number Corporation
TABLE 64 Key information – Inter IKEA Systems B.V.
TABLE 65 Key information – Eight Sleep
TABLE 66 Key Information – Hi-Interiors Srl
TABLE 67 Key information – Fonesalesman Ltd.
TABLE 68 Key information – Nitz engineering Srl
TABLE 69 Key information – Desktronic
TABLE 70 Key information – Modoola Limited
TABLE 71 Key information – Sobro
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Sleep Number Corporation