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Furniture Market in Europe. 2020 forecasts for Smart and Fast cities

  • February 2014
  • -
  • CSIL Milano
  • -
  • 102 pages

Summary

Table of Contents

This is the first edition of CSIL report Furniture Market in Europe and Russia. 2020 forecasts for Smart and Fast cities.

Aim of the Report is to shed light on Smart&Fast cities located in Europe and Russia which are deemed to offer good business opportunities for the furniture and furnishings players in the coming years.

The report is structured in two sections:

Section 1 – Cities to watch by areas

This Section provides an analysis of the cities by the major trade areas in which they are located.

  • City Highlights: main peculiarities of the city and interesting aspects which could influence investment opportunities and the demand of furniture and furnishing products. These may include: government projects, financing programs, economic incentives, retail opportunities, development of the real estate market, constructions planned, major events which will be hosted in the city, etc.
  • Demographic trend: main topics influencing the demand of furniture and furnishings products, such as the increase/decrease of population, the number of households, and the population structure (share of migrants, working age people, birth rate, etc.).
  • Economic welfare: economic development of the city as well as the economic conditions of the citizens and their purchasing power.
  • Quality of life, attractiveness and governance: aspects which make a city attractive for citizens and businesses, including the availability and quality of infrastructure to access local resources, the capacity to attract tourists, the conditions to make a business, etc.
  • Household Consumption and Furniture Demand: attitude of households towards consumption, by distinguishing among different income groups. Level of consumption of furniture and furnishings products, including, housing, office and contract segments.

For each city profile, the following key forecasts are provided:

  • Population growth rate, 2020
  • Gross domestic product, 2020
  • Gross domestic product per capita, 2020
  • Household growth rate, 2020
  • Household growth rate by level of income, 2020
  • Household consumption growth rate, 2020
  • Furniture demand, 2020

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