Market Size of France Furniture Industry
| Study Period | 2019-2028 |
| Base Year For Estimation | 2022 |
| Market Size (2023) | USD 17.28 Billion |
| Market Size (2028) | USD 23.39 Billion |
| CAGR (2023 - 2028) | 6.25 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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French Furniture Market Analysis
The France Furniture Market size is expected to grow from USD 17.28 billion in 2023 to USD 23.39 billion by 2028, at a CAGR of 6.25% during the forecast period (2023-2028).
France is one of the world's oldest countries and the most ethnically diversified in Europe. Deep and diverse influences have made France a world leader in every facet of culture throughout history, including food, winemaking, politics, philosophy, music, art, cinema, fashion, literature, and sports.
As France is one of the major economies in the European Union (EU), its average wages are among the highest in the European Union. Aside from that, most employees in France are members of unions that safeguard their rights. In terms of average incomes, France ranks seventh in the European Union, after only Belgium and Germany.
The tertiary sector employs more than three-quarters of the active workforce. This industry alone accounts for 70% of the French GDP. France is one of the world's top tourist destinations, with millions of foreign visitors every year. Though COVID-19 hit the tourism sector, it has gained strong momentum since 2022 and is expected to continue the traction.
