Furniture Market by Product Type, Distribution Channel, End User 2024-2032
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Sep 06, 2024
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About This Presentation
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
About IMARC Group IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. Across the six major continents and 100+ countries, we work alongside our business partners as one team with a common ambition to achieve unparalleled results, gain a competitive edge, and transform industries. IMARC Group excels in understanding its clients’ business priorities and delivering tailored solutions that drive meaningful outcomes. Our client base spans over 3,000 organizations in the private, public, and social sectors, ranging from high-growth startups to Fortune 500 companies. We provide a comprehensive suite of market entry and expansion services. Our offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. These services are designed to assist companies in evaluating market opportunities, setting up new entities, navigating regulatory landscapes, boosting brand visibility, analyzing competitors, and optimizing procurement strategies.
Report Highlight and Description According to the latest report by IMARC Group, titled "Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," the global furniture market size reached US$ 660.5 Billion in 2023. Furniture is a movable article that supports various human activities, including sleeping, seating, and dining. It includes tables, chairs, desks, and cabinets that are used in houses, offices, or institutions. Furniture has also become a necessity in the educational sector with the new age of interactive classrooms. Nowadays, furniture is made from recycled items, like salvaged wood, textiles and wood pallets, and natural materials such as bamboo, rattan and seagrasses due to the rising environmental concerns. In recent years, the demand for furniture has also increased as it enhances the aesthetics of a space and provides functionality and comfort to the user. Request for a PDF sample of this report: https://www.imarcgroup.com/furniture-market/requestsample
Report Description Global Furniture Market Trends : The global furniture market is primarily driven by the increasing demand from the real estate and hospitality industries. The rising disposable income levels and improving living standards are also encouraging consumers to spend on multi-utility furniture items with maximum storage space. Besides this, increasing investments in the tourism, healthcare, and education sectors are also fueling the demand for portable and adjustable furniture with easy reconfiguration. Furthermore, with the emerging work from home trend and online classes of children due to the outbreak of coronavirus disease (COVID-19), there has been a significant rise in the sales of ergonomically designed furniture, which helps prevent health and posture problems in adults and children. In addition to this, expanding e-commerce platforms have increased the availability of a variety of designs and models of furniture products, which is attracting a wider consumer base. Moreover, factors including the rising number of nuclear families, and the introduction of eco-friendly, versatile and multi-functional products that provide easy accommodation in small spaces, are also creating a favorable market outlook. Looking forward, the market is expected to reach a value of US$ 701.7 Billion by 2032. View Report TOC, Figures and Tables : https://www.imarcgroup.com/furniture-market
Report Segmentation Material Insights: Metal Wood Plastic Glass Others Distribution Channel Insights: Supermarkets and Hypermarkets Specialty Stores Online Stores Others
Report Segmentation End Use Insights: Residential Commercial Regional Insights: North America Asia-Pacific Europe Latin America Middle East and Africa
Competitive Landscape with Key Players Durham Furniture Inc. Haworth Inc. (Haworth International Ltd.) HNI Corporation Inter IKEA Systems B.V. ( Interogo Foundation) Kimball International Inc. Kohler Co. Masco Corporation Okamura Corporation Steelcase Inc. Stickley Furniture Inc.
Key Questions Answered in the Report
Key Questions Answered in the Report
Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Furniture Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Material 6.1 Metal 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Wood 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Plastic 6.3.1 Market Trends 6.3.2 Market Forecast
Table of Contents 6.4 Glass 6.4.1 Market Trends 6.4.2 Market Forecast 6.5 Others 6.5.1 Market Trends 6.5.2 Market Forecast 7 Market Breakup by Distribution Channel 7.1 Supermarkets and Hypermarkets 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Specialty Stores 7.2.1 Market Trends 7.2.2 Market Forecast 7.3 Online Stores 7.3.1 Market Trends 7.3.2 Market Forecast 7.4 Others 7.4.1 Market Trends 7.4.2 Market Forecast 8 Market Breakup by End Use 8.1 Residential 8.1.1 Market Trends 8.1.2 Market Forecast 8.2 Commercial 8.2.1 Market Trends 8.2.2 Market Forecast 9 Market Breakup by Region 9.1 North America 9.1.1 United States 9.1.1.1 Market Trends 9.1.1.2 Market Forecast For more information, visit : https://www.imarcgroup.com/furniture-market/toc