{ "id": "retail/market-size/eu-furniture-consumer-market-size", "generated_at": "2026-07-13T13:14:18.558975+00:00", "last_refresh": "2026-07-13", "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. UK rows use ONS Consumer Trends CP051 quarterly household final consumption expenditure summed to complete calendar years. The Europe aggregate uses the fixed 28-country country set listed in countries_included and is expressed as a bottom-up EUR sum.", "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. UK rows use ONS Consumer Trends quarterly CP051 data summed to complete calendar years. The Europe aggregate is a bottom-up sum across the fixed Furnilytics 28-country European coverage set.", "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. UK rows use ONS Consumer Trends quarterly CP051 data summed to complete calendar years. The Europe aggregate is a bottom-up sum across the fixed Furnilytics 28-country European coverage set.", "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. UK rows use ONS Consumer Trends CP051 quarterly household final consumption expenditure summed to complete calendar years. The Europe aggregate uses the fixed 28-country country set listed in countries_included and is expressed as a bottom-up EUR sum.", "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. UK rows use ONS Consumer Trends quarterly CP051 data summed to complete calendar years. The Europe aggregate is a bottom-up sum across the fixed Furnilytics 28-country European coverage set.", "visibility": "public", "updated_at": "2026-07-13T09:05:12.415362Z", "last_refresh": "2026-07-13", "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 Market Hub", "url": "/market/latvia-furniture-market-hub/", "label": "Market hub" }, { "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": "EUROPE", "label": "EUROPE", "value": 184165.8, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 188016.8, "value_local": null, "cur": null, "local_currency": null }, { "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": "United Kingdom", "label": "UK", "value": 29849.1, "year": "2024", "period_label": "2024", "previous_year": "2023", "previous_value": 31344.7, "value_local": 25256.0, "cur": "GBP", "local_currency": "GBP" }, { "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": 11602.0, "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 } ], "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": 646.61, "metric_value": 11602000000.0, "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": 569.44, "metric_value": 3394600000.0, "population": 5961249 }, { "name": "Norway", "label": "NO", "geo": "NO", "year": "2024", "value_per_capita": 537.31, "metric_value": 2982200000.0, "population": 5550203 }, { "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": "Switzerland", "label": "CH", "geo": "CH", "year": "2024", "value_per_capita": 437.88, "metric_value": 3924400000.0, "population": 8962258 }, { "name": "Ireland", "label": "IE", "geo": "IE", "year": "2024", "value_per_capita": 405.76, "metric_value": 2171500000.0, "population": 5351681 } ], "show_on_indicator_page": false, "columns": [ "name", "geo", "year", "value_per_capita", "metric_value", "population" ] } ], "trend_summary": "In 2025, Latvia's furniture consumer market size reached 290.3 million euro, marking an increase of 5.4% from 275.5 million euro in 2024. Over the last three years, the market has shown an upward trend, with a total growth of 6.6% from 2023 to 2025. This recent momentum is accelerating, indicating a positive trajectory in the market. The market size in 2025 represents a 52.1% increase from the trough in 2015. The average market size over the last three years was 279.3 million euro, reflecting a 12.7% increase compared to the previous three-year period.", "trend_summary_generated_at": "2026-07-13T13:14:32.024191+00:00", "key_findings": [ "In 2025, Latvia's furniture market size reached 290.3 million euro, a 5.4% rise from 2024's 275.5 million euro.", "Latvia's market grew 6.6% from 2023 to 2025, reflecting a positive trend in Baltic consumer demand.", "Latvia's 2025 market size, up 52.1% since 2015, should be viewed with Baltic peer growth trends." ], "key_findings_source": "ai_rewrite", "key_findings_generated_at": "2026-07-13T13:14:36.090349+00:00", "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" } ] }