The kitchen furniture turnover in Italy was €2.2 billion in 2023. From 2013 to 2023, the sector experienced fluctuations, including a notable decline in 2014 and a significant recovery between 2015 and 2017. The impact of economic conditions was observed in 2020 with a sharp decline, followed by minor decreases. The year-on-year variation over the last two years displayed a downward trend of approximately -0.88% annually, while the CAGR from 2018 to 2023 showed an average yearly reduction of -1.56%. Future forecasts predict a steady decline with a CAGR of -0.68% over the next five years, leading to a total decrease of 3.33% by 2028.
Future trends to watch for include potential market consolidation, the impact of new housing policies, the adoption of sustainable materials, and changes in consumer preferences towards modular and smart kitchen solutions. Monitoring these trends could provide insights into opportunities and challenges in the industry.
