A recent report by KD market insights titled as "Furniture Market Size, Trends &
Opportunity Outlook – Forecast to 2025" provides the key
trends, opportunities and challenges market will face in the forecasted period
of 6 years i.e. 2018-2025. The study also provides the Furniture Market. competitors share and region
wise analysis around the globe.
Furniture offers different
solutions such as sleeping, dining, seating, and storage function. Furniture
products are important parts of office and home layout. In commercial spaces,
furniture plays an important role in seating arrangements and document storage.
Furniture products are manufactured using a variety of material and are
available in different designs. Depending on end use, furniture designs can be
modified through machine-based processes and handcrafting. Furniture
manufacturing involves highly skilled and creative professionals. The office
furniture segment caters to the commercial and office space. This segment has
witnessed rapid growth in recent years, in line with the growth in the global
economy and subsequent demand for office space. The thrust on real estate and office
construction is expected to sustain in the near future, indicating continued
growth for the furniture industry. Demand for versatile and multi-functional
products that offers portability and can easily be accommodated in small spaces
is also driving the market. Rise in number of nuclear families is increasing
the demand for portable and space-saving products. This factor is anticipated
to drive the demand for the market growth in the forthcoming years.
The market is driven by
various factors such as rise in disposable incomes, growth of real estate and
hospitality industries, and demand for luxury and premium furniture from certain
consumer sections. Additionally, increase in government investments in
infrastructural development is contributing toward increase in demand for
residential and commercial sector and can propel product demand in near future.
For instance, governments in the Middle East, especially, Saudi Arabia’s
government focus on development of real estate through various residential and
commercial projects that will ultimately help to foster their economy.
Furthermore, high investment in tourism, healthcare, and education sectors has
spurred proliferation of the construction industry in Saudi Arabia, which is
subsequently expected to drive product demand from the country. The key players
in the market are providing various products according to the preference and taste
of the consumers, which is likely to influence the sales of domestic and office
furniture during the forecast period. Moreover, increase in expenditure on
domestic furniture products has influenced the demand for furniture products,
which is in turn expected to provide lucrative opportunities for the growth of
the global furniture market during the forecast period.
In Asia-Pacific, many key
players in furniture market are launching their own online platform and are
entering into partnerships with the e-commerce retail stores to strengthen
their distribution network, which is anticipated to drive the growth of the
Asia-Pacific furniture market. In North America, leading furniture brands are
focusing on personalization in product offering, which is gaining popularity
among the various consumer groups.
The global furniture
market is segmented based on type, distribution channel, and region.
Based on type, it is classified into RTA, residential, and commercial. The
distribution channel comprises supermarkets & hypermarkets, specialty
stores, e-commerce, and others. By region, it is analyzed across North America,
Europe, Asia-Pacific, and LAMEA.
The major players analyzed
in this report include Haworth, Inc., Inter IKEA Systems BV, Steelcase Inc.,
Masco Corporation, HNI Corporation, L. & J.G. STICKLEY, INC., Kimball
International, Inc., Okamura Corporation, Heritage Home Group LLC, and Durham
Furniture Inc.
Key Benefits for
Furniture Market:
- This report provides a
quantitative analysis of the current trends, estimations, and dynamics of the
global furniture market from 2018 to 2025 to identify the prevailing market
opportunities.
- The key countries in all the major regions are mapped based on their market share.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier?buyer network.
- In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates bench-marking and provides a clear understanding of the present position of market players.
- The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
- The key countries in all the major regions are mapped based on their market share.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier?buyer network.
- In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates bench-marking and provides a clear understanding of the present position of market players.
- The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
Furniture Key Market
Segments:
By Type
- RTA
- Residential
- Commercial
- Residential
- Commercial
By Distribution Channel
- Supermarkets &
Hypermarkets
- Specialty Stores
- E-Commerce
- Others
- Specialty Stores
- E-Commerce
- Others
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- Spain
- UK
- Italy
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of LAMEA
- U.S.
- Canada
- Mexico
Europe
- Germany
- Spain
- UK
- Italy
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of LAMEA
Get Complete Research Report
with TOC @: https://www.kdmarketinsights.com/product/furniture-market-amr
Table Of Content:
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for
stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and
Models
CHAPTER 2: EXECUTIVE
SUMMARY
2.1. Key findings of the
study
2.2. CXO perspective
CHAPTER 3: MARKET
OVERVIEW
3.1. Market definition and
scope
3.2. Key findings
3.2.1. Top investment
pocket
3.2.2. Top winning
strategies
3.3. Porter's five forces
analysis
3.3.1. Bargaining power of
suppliers
3.3.2. Bargaining power of
buyers
3.3.3. Threat of
substitution
3.3.4. Threat of new
entrants
3.3.5. Intensity of
competitive rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in
disposable income
3.4.1.2. Growing
infrastructure investment in residential and commercial sector
3.4.1.3. Growing
inclination of customers toward modular furniture
3.4.2. Restraint
3.4.2.1. Rise in raw
material price
3.4.2.2. Environmental
restriction associated with deforestation
3.4.3. Opportunities
3.4.3.1. Development of
eco-friendly raw materials
3.4.3.2. Growing
E-commerce
3.4.3.3. Increase in
public spending
CHAPTER 4: FURNITURE
MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and
forecast, by type
CHAPTER 5: FURNITURE
MARKET, BY DISTRIBUTION CHANNEL
5.1. Overview
5.1.1. Market size and
forecast, by distribution channel
CHAPTER 6: FURNITURE
MARKET, BY REGION
6.1. Overview
6.1.1. Market size and
forecast, by region
6.2. North America
6.2.1. Key market trends,
growth factors, and opportunities
6.2.2. Market size and
forecast, by type
6.2.3. Market size and
forecast, by distribution channel
6.2.4. Market size and
forecast, by country
6.2.5. U.S.
6.2.5.1. Market size and
forecast, by type
6.2.5.2. Market size and
forecast, by distribution channel
6.2.6. Canada
6.2.6.1. Market size and
forecast, by type
6.2.6.2. Market size and
forecast, by distribution channel
6.2.7. Mexico
6.2.7.1. Market size and
forecast, by type
6.2.7.2. Market size and
forecast, by distribution channel
6.3. Europe
6.3.1. Key market trends,
growth factors, and opportunities
6.3.2. Market size and
forecast, by type
6.3.3. Market size and
forecast, by distribution channel
6.3.4. Market size and
forecast, by country
6.3.5. Germany
6.3.5.1. Market size and
forecast, by type
6.3.5.2. Market size and
forecast, by distribution channel
6.3.6. Spain
6.3.6.1. Market size and
forecast, by type
6.3.6.2. Market size and
forecast, by distribution channel
6.3.7. UK
6.3.7.1. Market size and
forecast, by type
6.3.7.2. Market size and
forecast, by distribution channel
6.3.8. Italy
6.3.8.1. Market size and forecast,
by type
6.3.8.2. Market size and
forecast, by distribution channel
6.3.9. France
6.3.9.1. Market size and
forecast, by type
6.3.9.2. Market size and
forecast, by distribution channel
6.3.10. Rest of Europe
6.3.10.1. Market size and
forecast, by type
6.3.10.2. Market size and
forecast, by distribution channel
6.4. Asia-Pacific
6.4.1. Key market trends,
growth factors, and opportunities
6.4.2. Market size and
forecast, by type
6.4.3. Market size and
forecast, by distribution channel
6.4.4. Market size and
forecast, by country
6.4.5. China
6.4.5.1. Market size and
forecast, by type
6.4.5.2. Market size and
forecast, by distribution channel
6.4.6. India
6.4.6.1. Market size and
forecast, by type
6.4.6.2. Market size and
forecast, by distribution channel
6.4.7. Japan
6.4.7.1. Market size and
forecast, by type
6.4.7.2. Market size and
forecast, by distribution channel
6.4.8. Australia
6.4.8.1. Market size and
forecast, by type
6.4.8.2. Market size and
forecast, by distribution channel
6.4.9. Japan
6.4.9.1. Market size and
forecast, by type
6.4.9.2. Market size and
forecast, by distribution channel
6.4.10. Rest of
Asia-Pacific
6.4.10.1. Market size and
forecast, by type
6.4.10.2. Market size and
forecast, by distribution channel
6.5. LAMEA
6.5.1. Key market trends,
growth factors, and opportunities
6.5.2. Market size and
forecast, by type
6.5.3. Market size and
forecast, by distribution channel
6.5.4. Market size and
forecast, by country
6.5.5. Brazil
6.5.5.1. Market size and
forecast, by type
6.5.5.2. Market size and
forecast, by distribution channel
6.5.6. Saudi Arabia
6.5.6.1. Market size and
forecast, by type
6.5.6.2. Market size and
forecast, by distribution channel
6.5.7. UAE
6.5.7.1. Market size and
forecast, by type
6.5.7.2. Market size and
forecast, by distribution channel
6.5.8. Rest of LAMEA
6.5.8.1. Market size and
forecast, by type
6.5.8.2. Market size and
forecast, by distribution channel
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