Latvia Furniture Consumer Market Size
Last updated:
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
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.
Latest data:
| x_axis | value |
|---|---|
| 2015 | 190.8 |
| 2016 | 193.3 |
| 2017 | 194.6 |
| 2018 | 205 |
| 2019 | 201.3 |
| 2020 | 210.2 |
| 2021 | 256.3 |
| 2022 | 277.3 |
| 2023 | 272.2 |
| 2024 | 275.5 |
| 2025 | 290.3 |
Latvia Furniture Consumer Market Size measures annual household furniture demand in Latvia, in million euro. It helps quantify the spending pool behind Riga's retail concentration, regional household replacement demand and the country's role in the wider Baltic furniture market.
The page is built for furniture analysts, suppliers and management teams that need a clear view of Latvian buyer-side demand before evaluating store networks, imports, production links or Baltic peer performance.
Market Context
Latvia is a mid-sized Baltic furniture market where Riga has an outsized role, but regional households, renovation spending and imported assortment still matter for the national demand picture. A consumer market-size view gives boards and commercial teams a simple annual benchmark for that opportunity.
Because Latvia sits between Estonia and Lithuania in many Baltic strategies, the market is easy to under- or over-generalise. Tracking consumer furniture demand helps show when Latvia is following the Baltic cycle and when local income, housing or retail-channel dynamics are creating a different signal.
Use this indicator with Latvia furniture retail turnover, production turnover and producer prices to compare buyer demand with sales-channel movement and manufacturing-side conditions.
