Furniture Manufacturing Market in Bulgaria 2016-2020

  • Published: Dec 2016
  • Pages: 50
  • SKU: IRTNTR10110

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This industry research report presents a comprehensive analysis of the key vendors, including Avgusta Mebel, Bonana, Dabora, Elma 13, Evrika Furniture Factory, Furniture Factory Meblex, Gadevski, Gold-Apolo, Hegra D, Interior 46 Design, Karabulev, Kronos Mebel, Mebel Stil, Mebex, Nicoletti, Pantadesign Studio, Retroujut, and Valiyan. It also segments the market by products, including sub-segments like office and shop furniture, mattresses, kitchen furniture, and others.

Outlook of the furniture manufacturing market in Bulgaria

According to Technavio’s market research analyst, the market for furniture manufacturing in Bulgaria will grow steadily and will be positively affected by changing consumer preferences. Over the past two years, it has been observed that the consumers of furniture in Bulgaria are purchasing low and medium-priced products as opposed to premium furniture products, which were in substantial demand before the global economic crisis of 2008. Manufacturers of such products are focusing on enhancing their production processes to increase productivity and lower costs, along with expanding their portfolios. This has opened up new growth opportunities for manufacturers of furniture operating in this price segment. A comprehensive market study carried out by the analysts at Technavio has shown that the market for furniture manufacturing in Bulgaria will grow at a CAGR of over 5% by 2020.

The augmented demand for wood-based panels is another factor spurring growth in this market. Wood-based panels are being extensively used as raw materials for the production of furniture in Bulgaria. Consequently, the demand for solid wood has decreased. The recent increase in the demand for wood-based panels from furniture manufacturers is also because of their low price, especially when compared to sawn wood. Since wood-based panels offer ease-of-assembly to furniture manufacturers, the manufacturing costs for vendors will also decrease.

Competitive landscape and key vendors

This market is marked by the presence of diverse international and regional manufacturers. However, as international players have established their footprint in the market, regional manufacturers are finding it increasingly difficult to compete with them, especially on the basis of quality, technology, and pricing. The competitive environment in this market will likely intensify further with an increase in product/service extensions, technological innovations, and M&A activities.

Key manufacturers in this market are -

  • Avgusta Mebel
  • Bonana
  • Dabora
  • Elma 13
  • Evrika Furniture Factory
  • Furniture Factory Meblex
  • Gadevski
  • Gold-Apolo
  • Hegra D
  • Interior 46 Design
  • Karabulev
  • Kronos Mebel
  • Mebel Stil
  • Mebex
  • Nicoletti
  • Pantadesign Studio
  • Retroujut – Aksaga
  • Rikostyle
  • Teoharovi
  • Valiyan

Product-based segmentation analysis of the furniture manufacturing market in Bulgaria

  • Office and shop furniture
  • Mattresses
  • Kitchen furniture

According to this market analysis, the office and shop furniture segment accounted for a market share of over 12% and will lead the market in terms of revenue over the next four years.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the furniture manufacturing market in Bulgaria?
  • What are the key market trends impacting the growth of the furniture manufacturing market in Bulgaria?
  • What are the challenges to market growth?
  • Who are the key vendors in the furniture manufacturing market in Bulgaria?
  • What are the market opportunities and threats faced by the vendors in the furniture manufacturing market in Bulgaria?
  • Trending factors influencing the market shares of Bulgaria.
  • What are the key outcomes of the five forces analysis of the furniture manufacturing market in Bulgaria?

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Related reports

This is preliminary content. The table of contents is subject to change.

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

  • Competitive landscape
  • Other prominent vendors

PART 14: Key vendor analysis

PART 15: Appendix

  • List of abbreviation

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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