Spain Contract Furniture Market Size & Outlook, 2023-2030
Spain contract furniture market, 2018-2030 (US$M)
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Spain contract furniture market highlights
- The Spain contract furniture market generated a revenue of USD 1,965.2 million in 2023 and is expected to reach USD 2,641.2 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, chairs & stools was the largest revenue generating product in 2023.
- Sofa & Couch is the most lucrative product segment registering the fastest growth during the forecast period.
Contract furniture market data book summary
| Market revenue in 2023 | USD 1,965.2 million |
| Market revenue in 2030 | USD 2,641.2 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Chairs & stools |
| Fastest growing segment | Sofa & Couch |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chairs & Stools, Tables & Desks, Storage Furniture, Sofa & Couch |
| Key market players worldwide | MillerKnoll Inc, Steelcase Inc Class A, HNI Corp, Global Industrial Co, Haworth, Inc., Kinnarps, Teknion, OFS |
Other key industry trends
- In terms of revenue, Spain accounted for 1.3% of the global contract furniture market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK contract furniture market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 11,978.9 million by 2030.
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Contract Furniture Market Scope
Contract Furniture Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain contract furniture market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contract furniture market will help companies and investors design strategic landscapes.
Chairs & stools was the largest segment with a revenue share of 32.3% in 2023. Horizon Databook has segmented the Spain contract furniture market based on chairs & stools, tables & desks, storage furniture, sofa & couch covering the revenue growth of each sub-segment from 2018 to 2030.
An article published on Allwork.Space in August 2023 highlighted a recent surge in new businesses forming in Spain, fueling the demand for flexible office spaces across the country. According to a report published by CoStar in 2023, Spain's economic landscape is significantly influencing the future of work.
As per Allwork.Space, between January and August 2023, over 75,000 new companies were established in Spain, marking an 11.3% increase compared to the same period the year before that, and reaching levels not seen since before the 2008 financial and real estate crisis.
Madrid, Barcelona, and Málaga are the focal points of this growth, hosting the majority of Spain's new business activity. The rise of new companies in these cities is generating the demand for workspaces, prompting the demand for contract furniture.
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Our clientele includes a mix of contract furniture market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain contract furniture market , including forecasts for subscribers. This country databook contains high-level insights into Spain contract furniture market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain contract furniture market size, by product, 2018-2030 (US$M)
Spain Contract Furniture Market Outlook Share, 2023 & 2030 (US$M)
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