Uploaded on Sep 6, 2024
According to the latest research report by IMARC Group, The global furniture market size reached US$ 660.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 701.7 Billion by 2032. More Info:- https://www.imarcgroup.com/furniture-market
Furniture Market Growth, Demand and Challenges of the Key Industry Players 2024-2032
Global Furniture Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom high-growth s tar tups to For tune 500 companies. We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies, compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies , set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing compet i tors, and opt imiz ing procurement s t rategies. Accord ing to t he la tes t repor t by IMARC Group , t i t l ed "Furn i tu re Market : G l oba l Indust ry T rends , Share , S ize , G rowth , Opportun i ty and Forecast 2024- 2032, " t he g loba l f u rn i t u re marke t s i ze reached US$ 660 .5 B i l l i on i n 2023. Furn i t u re i s a movab le a r t i c le t ha t suppor t s var ious human ac t i v i t i es , i nc lud ing Report s leep ing , sea t ing , and d in ing . I t i nc ludes tab les , cha i rs , desks , and cab ine ts t ha t a re used in houses , o f f i ces , o r i ns t i t u t i ons . Fu rn i t u re has a lso become a Highlight and necess i t y in t he educa t iona l sec to r w i th t he new age o f i n t e rac t i ve c lass rooms. Nowadays , f u rn i t u re i s m ade f rom recyc led i t ems , l i ke sa lvaged wood, t ex t i l es and wood pa l le t s , and na tu ra l ma ter ia l s such as bamboo , ra t t an and seagrasses Description due t o the r i s ing env i r onmen t a l conce rns . I n recen t years , t he demand fo r f u rn i t u re has a lso inc reased as i t enhances t he aes t he t i cs o f a space and prov ides func t iona l i t y and comfo r t t o t he user . Request fo r a PDF sample o f th is repor t : ht tps : / / www. imarcgroup .com/ f u rn i t u re -marke t / r eques t sample Report Description G l ob a l F urn i t u re M ar ke t T rend s : The g loba l f u r n i t u r e m ar ke t i s p r im a r i l y d r i ven by t he i nc r e as ing dem and f r om t h e r ea l es t a t e and hosp i t a l i t y i ndus t r i es . The r i s i ng d i spos ab le i n com e leve l s and im pr ov ing l i v i ng s t a nda r ds a r e a ls o enc ou r a g ing co nsum er s t o s pend on m u l t i - u t i l i t y f u r n i t u r e i t em s w i t h m a x im um s t o r age sp ace . Be s ides t h is , i n c r eas ing i nves t m e nt s i n t h e t ou r i sm , h ea l t h ca r e , a nd educa t i on s ec t o r s a r e a l s o f ue l i ng t he dem a nd f o r po r t ab le a nd ad jus t ab le f u r n i t u r e w i t h eas y r eco n f i gu r a t i on . Fu r t h e r m o r e , w i t h t h e e m er g ing wo r k f r om hom e t r en d and o n l i ne c la sses o f ch i l d r en due t o t he o u t b r eak o f c o r on av i r us d i seas e ( C O VI D- 19 ) , t h e r e has been a s ign i f i can t r i se i n t he s a les o f e r go nom ic a l l y de s igne d f u r n i t u r e , wh ic h he lps p r ev en t h ea l t h and pos t u r e p r ob le m s i n adu l t s a nd ch i l d r en . I n add i t i on t o t h i s , exp and ing e - com m er ce p la t f o r m s have i nc r eas ed t he a va i l ab i l i t y o f a va r i e t y o f des ig ns a nd m ode ls o f f u r n i t u r e p r oduc t s , wh ic h i s a t t r ac t i ng a w id e r c onsu m er bas e . M or eove r , f ac t o r s i nc lu d i ng t he r i s i n g n um b er o f n uc lea r f am i l i es , a nd t he i n t r oduc t i on o f ec o - f r i end l y , ve r sa t i l e and m u l t i - f unc t i ona l p r od uc t s t ha t p r ov id e easy acco m m od a t io n i n sm a l l spa ces , a r e a l so c r ea t i n g a f avo r ab le m ar k e t o u t l ook . Look i ng f o rw ard , t he mark e t i s exp ec t ed t o reac h a v a l ue o f U S$ 70 1 . 7 B i l l i on b y 20 32 . V i ew Repo r t T O C, F i g ures and T ab l e s : h t t ps : / / w w w . i mar cgrou p . com / f u rn i t u re - m ark e t Material Insights: • Metal • Wood • Plast ic • Glass • Others Report Segmentation Distribution Channel Insights: • Supermarkets and Hypermarkets • Specialty Stores • Online Stores • Others End Use Insights: • Residential • Commercial Regional Insights: Report • North America • Asia-Pacifi c Segmentation • Europe • Latin America • Middle East and Afr ica • Durham Furniture Inc. • Haworth Inc. (Haworth International Ltd.) • HNI Corporation Competitive • Inter IKEA Systems B.V. ( Interogo Foundation) Landscape • Kimbal l International Inc. with Key • Kohler Co. Players • Masco Corporation • Okamura Corporat ion • Steelcase Inc. • Stickley Furniture Inc. How has the global furniture market performed so far, and how will it perform in the coming years? What are the drivers, restraints, and opportunities in the global furniture market? What is the impact of each driver, restraint, and Key opportunity on the global furniture market? Questions What are the key regional markets? Answered in Which countries represent the most attractive furniture the Report market? What is the breakup of the market based on the material? Which is the most attractive material in the furniture market? What is the breakup of the market based on the distribution channel? Which is the most attractive distribution channel in the furniture market? What is the breakup of the market based on the end use? Key Which is the most attractive end use in the furniture market? Questions What is the competitive structure of the market? Answered in the Report Who are the key players/companies in the global furniture market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l F u r n i t u r e M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y M a t e r i a l 6 . 1 M e t a l 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 W o o d 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 P l a s t i c 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 6 . 4 G l a s s 6 . 4 . 1 M a r k e t T r e n d s 6 . 4 . 2 M a r k e t F o r e c a s t 6 . 5 O t h e r s 6 . 5 . 1 M a r k e t T r e n d s 6 . 5 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y D i s t r i b u t i o n C h a n n e l 7 . 1 S u p e r m a r k e t s a n d H y p e r m a r k e t s 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 S p e c i a l t y S t o r e s 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t Table of 7 . 3 O n l i n e S t o r e s 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t Contents 7 . 4 O t h e r s 7 . 4 . 1 M a r k e t T r e n d s 7 . 4 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y E n d U s e 8 . 1 R e s i d e n t i a l 8 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 2 M a r k e t F o r e c a s t 8 . 2 C o m m e r c i a l 8 . 2 . 1 M a r k e t T r e n d s 8 . 2 . 2 M a r k e t F o r e c a s t 9 M a r k e t B r e a k u p b y R e g i o n 9 . 1 N o r t h A m e r i c a 9 . 1 . 1 U n i t e d S t a t e s 9 . 1 . 1 . 1 M a r k e t T r e n d s 9 . 1 . 1 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w. im a rcg ro u p . co m / f u rn i t u re - m a r ke t / t o c Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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