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Home / Opportunities / Furniture

Furniture

opportunity

Capture Africa's growing domestic furniture market! Invest in domestic manufacturing to capitalize on rising middle-class demand and reduce import reliance.

$550 Bn

Market Size

3-5%

CAGR

$800 Bn

Forecast

Estimated 900 billion USD (furniture units)

Consumption Volume

Furniture by-product markets

Art

Chairs

Desks

Doors

Flooring

Home Accessories

Outdoor

Storage

Tables

Bar Cabinet

Furniture CAPABILITIES & FACILITIES IN AFRICA

Ready-Made Sheds

for rent are provided exclusively for furniture manufacturers in ARISE Zones

FURNITURE BUSINESS ADVANTAGES IN AFRICA

Research suggests a furniture import gap of USD 2 billion in Africa.
The African middle class market is rapidly expanding, and is expected to reach a value of USD 24.4 billion by 2027, reflecting a significant CAGR of 8.2%.
Africa has a large and young workforce, that will create a strong foundation for a robust furniture manufacturing industry. This translates to a readily available, cost-effective workforce.
Strategic partnerships with established furniture brands or retailers will open doors to international markets, allowing you to leverage existing distribution channels and reach a wider customer base.

Furniture
Investment Zones in Africa

Plateformes Industrielles du Congo (PIC) is a public private partnership between ARISE IIP and the Republic of Congo. The objective of this partnership is to develop 3 SEZ in Pointe-Noire, Oyo and Ouesso. The government intends to diversify its economy, which until now has relied solely on revenues generated by the oil sector.

Gabon Special Economic Zone (GSEZ) SA, is a Public Private Partnership (PPP) between ARISE IIP and the Republic of Gabon, spread over 1126 ha at Nkok (27 Km from the capital city of Libreville). GSEZ has tremendous timbre processing business opportunities.