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Furniture Manufacturing in Luxembourg Industry Data and Analysis
European furniture manufacturing revenue is slated to grow at a compound annual rate of 2.7% over the five years through 2025. A recent turbulent economic climate has weighed on furniture manufacturers' growth levels. Challenges initially stemmed from the COVID-19 pandemic but worsened with inflationary pressures. Macroeconomic headwinds weakened demand for new construction projects across most European countries in 2023 and 2024, reducing the number of new spaces that required furnishing. Businesses have increasingly preserved cash and opted to postpone or cancel significant construction projects, especially after interest rates were hiked to help combat soaring inflation, causing the cost of borrowing to spike. This dampened demand for furniture manufacturers, causing revenue growth to stagnate. Inflationary pressures also weakened disposable incomes and caused people to cut their discretionary spending, limiting furniture purchases.
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What's included in this industry analysis
IBISWorld's research coverage on the Furniture Manufacturing industry in Luxembourg includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
About this industry
What's this industry report about?
The Furniture Manufacturing industry in Luxembourg operates under the industry code LU-C31. Furniture manufacturers produce a range of furniture, including furniture for offices and shops, kitchens, mattresses, sofas, garden furniture, beds, cabinets and drawers. The industry caters for a range of markets, including businesses and consumers. Related terms covered in the Furniture Manufacturing industry in Luxembourg include woodworking machinery, plywood and side-opening tambour.
What's included in this industry?
Products and services covered in Furniture Manufacturing industry in Luxembourg include Office and shop furniture, Kitchen furniture and Mattresses.
What companies are included in this industry?
The Furniture Manufacturing industry in Luxembourg is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Furniture Manufacturing industry in Luxembourg.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Furniture Manufacturing industry in Luxembourg.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Furniture Manufacturing industry in Luxembourg.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Furniture Manufacturing industry in Luxembourg. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Furniture Manufacturing industry in Luxembourg. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Furniture Manufacturing industry in Luxembourg. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Furniture Manufacturing industry in Luxembourg. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Furniture Manufacturing industry in Luxembourg.
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Frequently Asked Questions
What is the market size of the Furniture Manufacturing industry in Luxembourg in 2026?
The market size of the Furniture Manufacturing industry in Luxembourg is €25.3m in 2026.
How many businesses are there in the Furniture Manufacturing industry in Luxembourg in 2025?
There are 27 businesses in the Furniture Manufacturing industry in Luxembourg, which has declined at a CAGR of 1.1 % between 2020 and 2025.
Has the Furniture Manufacturing industry in Luxembourg grown or declined over the past 5 years?
The market size of the Furniture Manufacturing industry in Luxembourg has been growing at a CAGR of 1.4 % between 2020 and 2025.
What is the forecast growth of the Furniture Manufacturing industry in Luxembourg over the next 5 years?
Over the next five years, the Furniture Manufacturing industry in Luxembourg is expected to grow.
What does the Furniture Manufacturing industry in Luxembourg include?
Office and shop furniture and Kitchen furniture are part of the Furniture Manufacturing industry in Luxembourg.
How competitive is the Furniture Manufacturing industry in Luxembourg?
The level of competition is high and increasing in the Furniture Manufacturing industry in Luxembourg.
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