{ "id": "retail/market-size/eu-furniture-consumer-market-size", "generated_at": "2026-06-22T12:28:40.830611+00:00", "last_refresh": "2026-06-22", "source": "Eurostat nama_10_cp18, COICOP CP051, unit CP_MEUR. CP051 covers household consumption of furniture, furnishings and floor coverings. Nowcasts, where present, use matching API furniture retail turnover yearly growth from the latest Eurostat consumer market-size year. Lithuania pre-2020 rows use Eurostat nama_10_co3_p3, COICOP 1999 CP051, unit CP_MEUR. Norway rows use Statistics Norway StatBank 14656 expenditure 05.1, current prices, NOK million, converted with ECB annual average exchange rates. Switzerland rows use FSO household final consumption CP05, current prices, scaled by FSO household-budget furniture expenditure share from 581/5810 and converted with ECB annual average exchange rates.", "source_description": "Annual European furniture consumer market size in million EUR, based on Eurostat COICOP CP051 household consumption for furniture, furnishings and floor coverings. Latest missing years are nowcast where a matching full-year furniture retail turnover series is available. Lithuania includes a COICOP 1999 CP051 bridge for pre-2020 history until the COICOP 2018 backcast is available. Norway uses Statistics Norway household consumption expenditure 05.1, converted from NOK to EUR. Switzerland uses FSO national accounts CP05 scaled by a dynamic FSO household-budget furniture share from 581/5810.", "table_id": "retail/market-size/eu-furniture-consumer-market-size", "meta": { "indicator_name": "Latvia furniture consumer market size", "indicator_description": "Annual Latvia furniture consumer market size, measuring buyer-side furniture demand and furniture consumption.", "title": "EU furniture consumer market size", "description": "Annual European furniture consumer market size in million EUR, based on Eurostat COICOP CP051 household consumption for furniture, furnishings and floor coverings. Latest missing years are nowcast where a matching full-year furniture retail turnover series is available. Lithuania includes a COICOP 1999 CP051 bridge for pre-2020 history until the COICOP 2018 backcast is available. Norway uses Statistics Norway household consumption expenditure 05.1, converted from NOK to EUR. Switzerland uses FSO national accounts CP05 scaled by a dynamic FSO household-budget furniture share from 581/5810.", "source": "Eurostat nama_10_cp18, COICOP CP051, unit CP_MEUR. CP051 covers household consumption of furniture, furnishings and floor coverings. Nowcasts, where present, use matching API furniture retail turnover yearly growth from the latest Eurostat consumer market-size year. Lithuania pre-2020 rows use Eurostat nama_10_co3_p3, COICOP 1999 CP051, unit CP_MEUR. Norway rows use Statistics Norway StatBank 14656 expenditure 05.1, current prices, NOK million, converted with ECB annual average exchange rates. Switzerland rows use FSO household final consumption CP05, current prices, scaled by FSO household-budget furniture expenditure share from 581/5810 and converted with ECB annual average exchange rates.", "source_description": "Annual European furniture consumer market size in million EUR, based on Eurostat COICOP CP051 household consumption for furniture, furnishings and floor coverings. Latest missing years are nowcast where a matching full-year furniture retail turnover series is available. Lithuania includes a COICOP 1999 CP051 bridge for pre-2020 history until the COICOP 2018 backcast is available. Norway uses Statistics Norway household consumption expenditure 05.1, converted from NOK to EUR. Switzerland uses FSO national accounts CP05 scaled by a dynamic FSO household-budget furniture share from 581/5810.", "visibility": "public", "updated_at": "2026-06-22T11:20:59.293873Z", "last_refresh": "2026-06-22", "table_id": "retail/market-size/eu-furniture-consumer-market-size", "topic": "Retail", "subtopic": "Market size", "geo": [ "LV" ], "geo_included": [ "LV" ], "page_slug": "latvia-furniture-consumer-market-size", "page_url": "/indicators/retail/market-size/latvia-furniture-consumer-market-size/", "chart_type": "bar", "series_type": "single", "frequency": "yearly", "units": "million EUR; local currency fields use ECB annual average exchange rates where configured", "legend": false, "featured_topic": false, "featured_subtopic": false, "featured_rank_topic": null, "featured_rank_subtopic": null, "chart_title": "Latvia Furniture Consumer Market Size", "y_axis_label": "EUR million", "related_indicators": [ { "title": "Latvia Furniture Retail Market Size", "url": "/indicators/retail/market-size/latvia-furniture-retail-turnover/", "label": "Retail" }, { "title": "Latvia Furniture Production Market Size", "url": "/indicators/industry/market-size/latvia-furniture-production-turnover/", "label": "Production" }, { "title": "Latvia Furniture Producer Price Index", "url": "/indicators/industry/indexes/latvia-furniture-producer-price-index/", "label": "Prices" } ], "taxonomy_path": [ "retail", "market-size", "consumer-market-size" ], "taxonomy_labels": [ "Retail", "Market size", "Consumer market size" ], "taxonomy_nodes": [ { "id": "retail", "label": "Retail", "has_page": true, "sort_order": 20 }, { "id": "market-size", "label": "Market size", "has_page": true, "sort_order": 20 }, { "id": "consumer-market-size", "label": "Consumer market size", "has_page": false, "sort_order": 10 } ], "taxonomy_page_path": [ "retail", "market-size" ], "taxonomy_page_labels": [ "Retail", "Market size" ], "taxonomy_collection": "consumer-market-size", "taxonomy_collection_label": "Consumer market size", "entity": { "type": "country", "geo": [ "LV" ] }, "data_hash": "0260d165e4b2c00347e468900545ee5246147e23de35ae7704fed85f3deed117", "supplemental_data_tables": [ { "id": "consumer_market_size_peer_comparison", "title": "Consumer market size peer comparison", "summary": "Consumer market size peer comparison", "data_id": "retail/market-size/eu-furniture-consumer-market-size", "rows": [ { "name": "Germany", "label": "DE", "value": 39173.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 40579.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "Italy", "label": "IT", "value": 26355.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 26131.2, "value_local": null, "cur": null, "local_currency": null }, { "name": "France", "label": "FR", "value": 17636.3, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 18469.9, "value_local": null, "cur": null, "local_currency": null }, { "name": "Netherlands", "label": "NL", "value": 11768.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 11552.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "Spain", "label": "ES", "value": 10101.0, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 10023.0, "value_local": null, "cur": null, "local_currency": null }, { "name": "Poland", "label": "PL", "value": 5951.6, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 6461.0, "value_local": 25626.1, "cur": "PLN", "local_currency": "PLN" }, { "name": "Austria", "label": "AT", "value": 5804.5, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 6090.5, "value_local": null, "cur": null, "local_currency": null }, { "name": "Belgium", "label": "BE", "value": 5571.3, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 5501.8, "value_local": null, "cur": null, "local_currency": null }, { "name": "Sweden", "label": "SE", "value": 3980.9, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 4116.5, "value_local": 45505.3, "cur": "SEK", "local_currency": "SEK" }, { "name": "Switzerland", "label": "CH", "value": 3924.4, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 3951.9, "value_local": 3738.4, "cur": "CHF", "local_currency": "CHF" } ], "show_on_indicator_page": false, "columns": [ "name", "label", "year", "value_local", "value", "cur", "local_currency" ] }, { "id": "consumer_expenditure_per_capita_peer_comparison", "title": "Furniture expenditure per capita peer comparison", "summary": "Furniture expenditure per capita peer comparison", "data_id": "retail/market-size/eu-furniture-consumer-market-size,macro_economics/population/country_population_yearly", "rows": [ { "name": "LU", "label": "LU", "geo": "LU", "year": "2024", "value_per_capita": 788.33, "metric_value": 529800000.0, "population": 672050 }, { "name": "Netherlands", "label": "NL", "geo": "NL", "year": "2024", "value_per_capita": 655.86, "metric_value": 11768000000.0, "population": 17942942 }, { "name": "Austria", "label": "AT", "geo": "AT", "year": "2024", "value_per_capita": 633.77, "metric_value": 5804500000.0, "population": 9158750 }, { "name": "Denmark", "label": "DK", "geo": "DK", "year": "2024", "value_per_capita": 506.0, "metric_value": 3016400000.0, "population": 5961249 }, { "name": "Belgium", "label": "BE", "geo": "BE", "year": "2024", "value_per_capita": 471.46, "metric_value": 5571300000.0, "population": 11817096 }, { "name": "Germany", "label": "DE", "geo": "DE", "year": "2024", "value_per_capita": 469.38, "metric_value": 39173000000.0, "population": 83456045 }, { "name": "Italy", "label": "IT", "geo": "IT", "year": "2024", "value_per_capita": 446.91, "metric_value": 26355000000.0, "population": 58971230 }, { "name": "Ireland", "label": "IE", "geo": "IE", "year": "2024", "value_per_capita": 405.76, "metric_value": 2171500000.0, "population": 5351681 }, { "name": "Sweden", "label": "SE", "geo": "SE", "year": "2024", "value_per_capita": 377.28, "metric_value": 3980900000.0, "population": 10551707 }, { "name": "Finland", "label": "FI", "geo": "FI", "year": "2024", "value_per_capita": 303.9, "metric_value": 1703000000.0, "population": 5603851 } ], "show_on_indicator_page": false, "columns": [ "name", "geo", "year", "value_per_capita", "metric_value", "population" ] } ], "trend_summary": "The Latvia furniture consumer market size reached 290.3 million euros in 2025, marking a 5.4% increase from the previous year’s 275.5 million euros. Over the last three years, the market has shown an upward trend, with values rising from 272.2 million euros in 2023 to the current peak. This recent momentum appears to be accelerating, as evidenced by a 6.6% growth over the last three years. The market has increased by 52.1% since the trough in 2015, indicating strong growth over the period.", "trend_summary_generated_at": "2026-06-22T12:28:47.375685+00:00", "key_findings": [ "The Latvia furniture consumer market size reached 290.3 million euros in 2025, marking a 5.4% increase from the previous year’s 275.5 million euros.", "Over the last three years, the market has shown an upward trend, with values rising from 272.2 million euros in 2023 to the current peak.", "This recent momentum appears to be accelerating, as evidenced by a 6.6% growth over the last three years." ], "chart_alt_text": "Bar chart for Latvia Furniture Consumer Market Size in million euro. The series runs from 2015 to 2025; the latest value is 290.3 million euro." }, "data": [ { "x_axis": "2015", "value": 190.8, "value_label": "190.8", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2016", "value": 193.3, "value_label": "193.3", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2017", "value": 194.6, "value_label": "194.6", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2018", "value": 205.0, "value_label": "205.0", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2019", "value": 201.3, "value_label": "201.3", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2020", "value": 210.2, "value_label": "210.2", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2021", "value": 256.3, "value_label": "256.3", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2022", "value": 277.3, "value_label": "277.3", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2023", "value": 272.2, "value_label": "272.2", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2024", "value": 275.5, "value_label": "275.5", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "eurostat_coicop_2018" }, { "x_axis": "2025", "value": 290.3, "value_label": "290.3", "comment": "", "is_preliminary": false, "style_hint": "solid", "fill_hint": "solid", "classification": "COICOP 2018 CP051", "source_method": "retail_turnover_nowcast" } ] }