Contract Furniture and Furnishing Market in Nordic countries 2024-2028

The contract furniture and furnishing market in Nordic countries is forecasted to grow by USD 342.4 mn during 2023-2028, accelerating at a CAGR of 3.93% during the forecast period. The report on the contract furniture and furnishing market in Nordic countries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing popularity of contract furniture among end-users, the growth of the hospitality industry in Nordic countries, and the rising importance of interior decoration.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.86%
CAGR	3.93%
Incremental Value	$342.4mn

Technavio's contract furniture and furnishing market in Nordic countries is segmented as below:

By End-user

Hospitality and food services
Offices and home offices
Retail stores
Institutions
Others

By Type

Turnkey contract
Soft contract

This study identifies the technology integration in furniture manufacturing as one of the prime reasons driving the contract furniture and furnishing market in Nordic countries growth during the next few years. Also, the rise in innovation in office furniture and the rising adoption of sustainable practices in the furniture industry will lead to sizable demand in the market.

The report on the contract furniture and furnishing market in Nordic countries covers the following areas:

Contract furniture and furnishing market in Nordic countries sizing
Contract furniture and furnishing market in Nordic countries forecast
Contract furniture and furnishing market in Nordic countries industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading contract furniture and furnishing market in Nordic countries vendors that include BoConcept, Ekornes Ltd., Fogia Collection, Fora Form, Fritz Hansen, Inter IKEA Holding B.V., Kinnarps AB, LAMMHULTS MOBEL AB, Martela Oyj, MillerKnoll Inc., Muubs, OFFECCT AB, Otto GmbH and Co. KG, Svenheim, and VESTRE. Also, the contract furniture and furnishing market in Nordic countries analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR77074

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Nordic Countries - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Regional - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Nordic Countries: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Regional - Market size and forecast 2023-2028 ($ million)

4 Historic Market Size

4.1 Contract furniture and furnishing market in Nordic countries 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on contract furniture and furnishing market in nordic countries 2018 - 2022 ($ million)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 22: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 23: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 24: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 25: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 26: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 27: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 28: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 29: Chart on End-user - Market share 2023-2028 (%)
Exhibit 30: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 31: Chart on Comparison by End-user
Exhibit 32: Data Table on Comparison by End-user
6.3 Hospitality and food services - Market size and forecast 2023-2028
Exhibit 33: Chart on Hospitality and food services - Market size and forecast 2023-2028 ($ million)
Exhibit 34: Data Table on Hospitality and food services - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Chart on Hospitality and food services - Year-over-year growth 2023-2028 (%)
Exhibit 36: Data Table on Hospitality and food services - Year-over-year growth 2023-2028 (%)
6.4 Offices and home offices - Market size and forecast 2023-2028
Exhibit 37: Chart on Offices and home offices - Market size and forecast 2023-2028 ($ million)
Exhibit 38: Data Table on Offices and home offices - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Chart on Offices and home offices - Year-over-year growth 2023-2028 (%)
Exhibit 40: Data Table on Offices and home offices - Year-over-year growth 2023-2028 (%)
6.5 Retail stores - Market size and forecast 2023-2028
Exhibit 41: Chart on Retail stores - Market size and forecast 2023-2028 ($ million)
Exhibit 42: Data Table on Retail stores - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Chart on Retail stores - Year-over-year growth 2023-2028 (%)
Exhibit 44: Data Table on Retail stores - Year-over-year growth 2023-2028 (%)
6.6 Institutions - Market size and forecast 2023-2028
Exhibit 45: Chart on Institutions - Market size and forecast 2023-2028 ($ million)
Exhibit 46: Data Table on Institutions - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Chart on Institutions - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Institutions - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Exhibit 49: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 51: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by End-user
Exhibit 53: Market opportunity by End-user ($ million)
Exhibit 54: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 55: Chart on Type - Market share 2023-2028 (%)
Exhibit 56: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 57: Chart on Comparison by Type
Exhibit 58: Data Table on Comparison by Type
7.3 Turnkey contract - Market size and forecast 2023-2028
Exhibit 59: Chart on Turnkey contract - Market size and forecast 2023-2028 ($ million)
Exhibit 60: Data Table on Turnkey contract - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Chart on Turnkey contract - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Turnkey contract - Year-over-year growth 2023-2028 (%)
7.4 Soft contract - Market size and forecast 2023-2028
Exhibit 63: Chart on Soft contract - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on Soft contract - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on Soft contract - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Soft contract - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 67: Market opportunity by Type ($ million)
Exhibit 68: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 70: Chart on Market share by geography - 2023-2028 (%)
Exhibit 71: Data Table on Market share by geography - 2023-2028 (%)
9.2 Geographic comparison
Exhibit 72: Chart on Geographic comparison
Exhibit 73: Data Table on Geographic comparison
9.3 Sweden - Market size and forecast 2023-2028
Exhibit 74: Chart on Sweden - Market size and forecast 2023-2028 ($ million)
Exhibit 75: Data Table on Sweden - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Chart on Sweden - Year-over-year growth 2023-2028 (%)
Exhibit 77: Data Table on Sweden - Year-over-year growth 2023-2028 (%)
9.4 Denmark - Market size and forecast 2023-2028
Exhibit 78: Chart on Denmark - Market size and forecast 2023-2028 ($ million)
Exhibit 79: Data Table on Denmark - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Chart on Denmark - Year-over-year growth 2023-2028 (%)
Exhibit 81: Data Table on Denmark - Year-over-year growth 2023-2028 (%)
9.5 Norway - Market size and forecast 2023-2028
Exhibit 82: Chart on Norway - Market size and forecast 2023-2028 ($ million)
Exhibit 83: Data Table on Norway - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Chart on Norway - Year-over-year growth 2023-2028 (%)
Exhibit 85: Data Table on Norway - Year-over-year growth 2023-2028 (%)
9.6 Finland - Market size and forecast 2023-2028
Exhibit 86: Chart on Finland - Market size and forecast 2023-2028 ($ million)
Exhibit 87: Data Table on Finland - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Chart on Finland - Year-over-year growth 2023-2028 (%)
Exhibit 89: Data Table on Finland - Year-over-year growth 2023-2028 (%)
9.7 Iceland - Market size and forecast 2023-2028
Exhibit 90: Chart on Iceland - Market size and forecast 2023-2028 ($ million)
Exhibit 91: Data Table on Iceland - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Chart on Iceland - Year-over-year growth 2023-2028 (%)
Exhibit 93: Data Table on Iceland - Year-over-year growth 2023-2028 (%)
9.8 Market opportunity by geography
Exhibit 94: Market opportunity by geography ($ million)
Exhibit 95: Data Table on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 96: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 97: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 98: Overview on factors of disruption
11.4 Industry risks
Exhibit 99: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 100: Vendors covered
12.2 Market positioning of vendors
Exhibit 101: Matrix on vendor position and classification
12.3 BoConcept
Exhibit 102: BoConcept - Overview
Exhibit 103: BoConcept - Product / Service
Exhibit 104: BoConcept - Key offerings
12.4 Ekornes Ltd.
Exhibit 105: Ekornes Ltd. - Overview
Exhibit 106: Ekornes Ltd. - Product / Service
Exhibit 107: Ekornes Ltd. - Key offerings
12.5 Fogia Collection
Exhibit 108: Fogia Collection - Overview
Exhibit 109: Fogia Collection - Product / Service
Exhibit 110: Fogia Collection - Key offerings
12.6 Fora Form
Exhibit 111: Fora Form - Overview
Exhibit 112: Fora Form - Product / Service
Exhibit 113: Fora Form - Key offerings
12.7 Fritz Hansen
Exhibit 114: Fritz Hansen - Overview
Exhibit 115: Fritz Hansen - Product / Service
Exhibit 116: Fritz Hansen - Key offerings
12.8 Inter IKEA Holding B.V.
Exhibit 117: Inter IKEA Holding B.V. - Overview
Exhibit 118: Inter IKEA Holding B.V. - Product / Service
Exhibit 119: Inter IKEA Holding B.V. - Key offerings
12.9 Kinnarps AB
Exhibit 120: Kinnarps AB - Overview
Exhibit 121: Kinnarps AB - Product / Service
Exhibit 122: Kinnarps AB - Key offerings
12.10 LAMMHULTS MOBEL AB
Exhibit 123: LAMMHULTS MOBEL AB - Overview
Exhibit 124: LAMMHULTS MOBEL AB - Product / Service
Exhibit 125: LAMMHULTS MOBEL AB - Key offerings
12.11 Martela Oyj
Exhibit 126: Martela Oyj - Overview
Exhibit 127: Martela Oyj - Product / Service
Exhibit 128: Martela Oyj - Key offerings
12.12 MillerKnoll Inc.
Exhibit 129: MillerKnoll Inc. - Overview
Exhibit 130: MillerKnoll Inc. - Business segments
Exhibit 131: MillerKnoll Inc. - Key offerings
Exhibit 132: MillerKnoll Inc. - Segment focus
12.13 Muubs
Exhibit 133: Muubs - Overview
Exhibit 134: Muubs - Product / Service
Exhibit 135: Muubs - Key offerings
12.14 OFFECCT AB
Exhibit 136: OFFECCT AB - Overview
Exhibit 137: OFFECCT AB - Product / Service
Exhibit 138: OFFECCT AB - Key offerings
12.15 Otto GmbH and Co. KG
Exhibit 139: Otto GmbH and Co. KG - Overview
Exhibit 140: Otto GmbH and Co. KG - Business segments
Exhibit 141: Otto GmbH and Co. KG - Key news
Exhibit 142: Otto GmbH and Co. KG - Key offerings
Exhibit 143: Otto GmbH and Co. KG - Segment focus
12.16 Svenheim
Exhibit 144: Svenheim - Overview
Exhibit 145: Svenheim - Product / Service
Exhibit 146: Svenheim - Key offerings
12.17 VESTRE
Exhibit 147: VESTRE - Overview
Exhibit 148: VESTRE - Product / Service
Exhibit 149: VESTRE - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 150: Inclusions checklist
Exhibit 151: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 152: Currency conversion rates for US$
13.4 Research methodology
Exhibit 153: Research methodology
Exhibit 154: Validation techniques employed for market sizing
Exhibit 155: Information sources
13.5 List of abbreviations
Exhibit 156: List of abbreviations