RTA (Ready-to-assemble) Furniture Market Size, Share, and Industry Forecast till 2028
“Rise in number of online distribution channels and increasing product penetration are expected to drive the growth of the RTA (Ready-to-assemble) Furniture Market.�
The global RTA (ready-to-assemble) furniture market is expected to display higher growth rate over the forecast period. Rapid surge in the market growth is credited to the growth in residential housing sector. Rise in number of online distribution channels and increasing product penetration are expected to drive the growth of the market over the forecast period. Increasing demand for RTA furniture, particularly in Asia-Pacific region is credited to the massive boom in commercial as well as residential housing sector and ever-growing population. Globally, market is predicted to generate massive revenue in the upcoming years, providing numerous opportunities for industry participants to invest in research and development of RTA (ready-to-assemble) furniture. Factors responsible for sustained growth of ready-to-assemble furniture market include rising per capita income, growing awareness level regarding online retail platforms and declining cost of raw materials. Increasing adoption of RTA (ready-to-assemble) furniture from commercial sector to enhance workplace comfort for employees, thus improving organizational productivity, is expected to fuel industry growth over the coming years. RTA (ready-to-assemble) furniture is considered as a key aspect for home automation, thereby generating several growth opportunities for industry players. However, lack of awareness among general population, particularly in developing and underdeveloped economies is expected to limit market growth to a certain extent. Additionally, higher initial cost and