A new market research report on
the Global Furniture market has introduced by KD Market Insights.
The report is dedicated to in-depth industry analysis of the global Furniture
market. The Global Furniture analysis is broken down on different segmentation levels including Market By Type, By Distribution Channel.
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
Access 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
1.2. 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
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
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1.
Market definition and scope
3.2. Key findings
3.2. Key findings
3.2.1.
Top investment pocket
3.2.2. Top winning strategies
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
3.3.2. 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
3.4.1.2. 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
3.4.2.2. 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
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.
6.2.2. 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
6.2.5.2. 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
6.2.6.2. 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
6.2.7.2. 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
6.3.2. 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
6.3.5.2. 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
6.3.6.2. 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
6.3.7.2. 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
6.3.8.2. 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
6.3.9.2. 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
6.3.10.2. Market size and forecast, by distribution channel
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New York, USA 12207
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Website: www.kdmarketinsights.com
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