Furniture Market 2018 Outlook, Strategies, Manufacturers, Countries, Type and Application, Forecast To Opportunity Analysis and Industry Forecast, 2016-2023 2025 Global Opportunity Analysis and Industry Forecast, 2016-2023
Pages: 184 Tables: 77 Charts: 34
Furniture Market
“The global demand for furniture is expected to increase due to rapid urbanization and high purchasing power of millennial generation. The residential segment dominates the market due to growing phase of infrastructure and real estate market. Moreover, advance technology of manufacturing has lowered the cost and time for manufacturing. However, manufacturers believe that rise in raw material prices would have a long-term impact on the market and hamper growth of market during the forecast period�
Furniture Market
Furniture Market size was valued at $583,159 million in 2017 and is projected to reach $800,596 million by 2025, registering a CAGR of 3.5% from 2018 to 2025. Furniture are objects used to support various human activities such as seating, eating, sleeping, and others. Furniture are also used to hold and position an object at certain required height either to store things or for aesthetic appeal. Depending on end use, furniture designs can be modified through machine-based processes and handcrafting. Furniture manufacturing involves highly skilled and creative professionals. The residential segment in the furniture market is anticipated to have the highest market share during the forecast period. The rise in global economy has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the furniture market. The growing phase of infrastructure and real estate market has boosted the demand for residential furniture products in the various country across the globe.
Furniture Market
This report provides a quantitative analysis of the current furniture market trends, estimations, and dynamics of the global furniture market size from 2018 to 2025 to identify the prevailing furniture market opportunity. The key countries in all the major regions are mapped based on their furniture 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. A comprehensive analysis of factors that drive and restrict the furniture market growth is provided. An in-depth analysis of the global market helps determine the prevailing market opportunities. The report includes details of the analysis of the regional and global markets, key players, market segments, application areas, and growth strategies.
Furniture Market
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. Based on region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA). Request Sample Copy: https://www.alliedmarketresearch.com/request-sample/5147
Furniture Market
Based on type, it is classified as RTA, residential, and commercial. In 2017, residential was the leading furniture market segments, due to rise in global economy that has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the market. In addition, growing commercial infrastructure and real estate sector has fueled the demand for the residential furniture products across the globe.
Furniture Market
Based on distribution channel, the market is categorized into supermarkets & hypermarkets, specialty stores, e-commerce, and others. In 2017, specialty store was the leading segment in the global market, owing to wide range of furniture category that is offered by specialty store. In addition, the increase in income levels and change in lifestyle of consumers are expected to further drive the market growth.
Furniture Market
The key players operating in the furniture industry are 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. For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5147
Furniture Market LIST OF FIGURES FIGURE 01. FURNITURE MARKET SNAPSHOT FIGURE 02. FURNITURE MARKET SEGMENTATION FIGURE 03. TOP INVESTMENT POCKET, 2017-2015 FIGURE 04. TOP WINNING STRATEGIES, BY YEAR, 2015-2018* FIGURE 05. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2018* (%) FIGURE 06. TOP WINNING STRATEGIES, BY COMPANY, 2015-2018* FIGURE 07. LOW BARGAINING POWER OF SUPPLIERS FIGURE 08. HIGH BARGAINING POWER OF BUYERS FIGURE 09. MODERATE THREAT OF SUBSTITUTION FIGURE 10. LOW THREAT OF NEW ENTRANTS FIGURE 11. HIGH INTENSITY OF COMPETITIVE RIVALRY FIGURE 12. FURNITURE MARKET BY DRIVERS,RESTRAINT,OPPORTUNITYES 2017 FIGURE 13. GLOBAL FURNITURE MARKET SHARE, BY TYPE, 2017 (%) Source: https://www.marketwatch.com/press-release/furniture-market-projected-to-attain-800596-million-by-2025-at-a-35-amr-2 019-07-18?mod=mw_quote_news
Furniture Market
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Furniture Market
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