Home Office Furniture - Switzerland

Switzerland

In Switzerland, the revenue in the Home Office Furniture market reached US$365.70m in 2024.
It is projected to experience an annual growth rate of 0.62% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States leads the market with a revenue of US$18,920m in 2024.
Looking at the per capita figures, in Switzerland generates approximately US$41.31 in revenue per person in 2024.
Switzerland's home office furniture market is thriving due to the country's emphasis on efficiency and high-quality craftsmanship.

Key regions: Worldwide, United States, India, China, Denmark

Market

Region

Region comparison

Currency

Analyst Opinion

The Home Office Furniture market in Switzerland has been experiencing steady growth in recent years. Customer preferences have shifted towards more ergonomic and multifunctional furniture pieces, reflecting a global trend in the market. Additionally, local special circumstances, such as the high cost of living and the growing number of people working from home, have contributed to the development of the market. Underlying macroeconomic factors, such as a strong economy and a high standard of living, have also played a role in the growth of the Home Office Furniture market in Switzerland.

Customer preferences: in the Home Office Furniture market in Switzerland have evolved in line with global trends. Customers now prioritize comfort and functionality, seeking ergonomic designs that promote good posture and reduce the risk of musculoskeletal disorders. Multifunctional furniture pieces that can serve multiple purposes, such as desks with built-in storage or adjustable height features, are also in high demand. This shift in preferences can be attributed to the increasing awareness of the importance of a healthy and productive work environment. Trends in the market include the rising popularity of standing desks, which allow users to alternate between sitting and standing positions throughout the workday. This trend is driven by the growing recognition of the health risks associated with prolonged sitting and the benefits of incorporating movement into the work routine. Another trend is the integration of technology into home office furniture, with features such as built-in charging ports and wireless connectivity becoming more common. This reflects the increasing reliance on technology in the modern workplace and the need for furniture that can support and accommodate these devices.

Local special circumstances: in Switzerland have also contributed to the development of the Home Office Furniture market. The high cost of living in the country has led to smaller living spaces, prompting the need for compact and space-saving furniture solutions. Additionally, the growing number of people working from home, either as freelancers or as part of flexible work arrangements, has created a demand for dedicated home office spaces and furniture that can facilitate productivity.

Underlying macroeconomic factors: have also played a role in the growth of the Home Office Furniture market in Switzerland. The country has a strong economy and a high standard of living, which has increased the purchasing power of consumers. This, combined with the emphasis on work-life balance and the importance placed on creating a comfortable and productive work environment, has led to increased spending on home office furniture. In conclusion, the Home Office Furniture market in Switzerland is developing in response to changing customer preferences, local special circumstances, and underlying macroeconomic factors. The shift towards ergonomic and multifunctional furniture, the rising popularity of standing desks, the integration of technology, the high cost of living, the growing number of people working from home, and the strong economy are all contributing to the growth of the market.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.