The household expenditure on home furnishing in France has seen variable trends from 2013 onwards. After a decrease in 2013 and 2014, expenditure experienced a notable recovery, reaching a peak in 2019 before a minor decline in 2020 due to external factors, likely the pandemic. The upward trend resumed with substantial growth in 2021 and stable increases foreseen up to 2028, with a noteworthy annual increase of 2.08% in 2023.
From 2024 onward, the market is projected to grow at a steady pace with a five-year compound annual growth rate (CAGR) of 1.41%, resulting in a forecasted growth rate of 7.28% over the same period.
Future trends to watch for include the impact of increasing digitalization on consumer purchasing behaviors, sustainability trends influencing purchasing decisions, and potential economic fluctuations that may affect household expenditure capabilities.
