Furniture Global Market Report 2020-30: Covid 19 Impact and Recovery

Furniture Global Market Report 2020-30: Covid 19 Impact and Recovery

Furniture Global Market Report 2020 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global furniture market as it emerges from the Covid 19 shut down.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Description:

Where is the largest and fastest growing market for the furniture? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Furniture global market report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider furniture market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The furniture market section of the report gives context. It compares the furniture market with other segments of the paper, plastics, rubber, wood and textile market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, furniture indicators comparison.
Scope

Markets Covered:

1) By Type: Institutional And Office Furniture; Household Furniture And Kitchen Cabinet; Mattresses, Blinds And Shades

2) By Type of Material: Metal; Wood; Others

3) By Distribution Channel: Exclusive Showrooms; Online; Hypermarkets; Others

Subsegments Covered: Institutional Furniture; Office Furniture; Household Furniture; Kitchen Cabinet; Mattresses; Blind And Shade

Companies Mentioned: IKEA AB; Ashley Furniture Industries Inc; Steelcase Inc; Tempur Sealy International Inc; Leggett & Platt Incorporated

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, furniture indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Executive Summary
2. Report Structure
3. Furniture Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Furniture Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Furniture Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Furniture Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Furniture Market Trends And Strategies
8. Furniture Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Furniture Market Regional Analysis
9.1. Global Furniture Market, 2019, By Region, Value ($ Billion)
9.2. Global Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
9.3. Global Furniture Market, Growth And Market Share Comparison, By Region
10. Furniture Market Segmentation
10.1. Global Furniture Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Institutional And Office Furniture
Household Furniture And Kitchen Cabinet
Mattresses, Blinds And Shades
10.2. Global Furniture Market, Segmentation By Type of Material, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Metal
Wood
Others
10.3. Global Furniture Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Exclusive Showrooms
Online
Hypermarkets
Others
11. Furniture Market Segments
11.1. Global Institutional And Office Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Institutional Furniture; Office Furniture
11.2. Global Household Furniture And Kitchen Cabinet Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Household Furniture; Kitchen Cabinet
11.3. Global Mattresses, Blinds And Shades Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion) - Mattresses; Blind And Shade
12. Furniture Market Metrics
12.1. Furniture Market Size, Percentage Of GDP, 2015-2023, Global
12.2. Per Capita Average Furniture Market Expenditure, 2015-2023, Global
13. Asia-Pacific Furniture Market
13.1. Asia-Pacific Furniture Market Overview
13.2. Asia-Pacific, Furniture Market, 2019, By Country, Value ($ Billion)
13.3. Asia-Pacific, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country
13.4. Asia-Pacific, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country
13.5. Asia-Pacific, Furniture Market Metrics
13.5.1. Per Capita Average Furniture Expenditure, 2015-2023, Asia-Pacific Countries
13.5.2. Number of Enterprises, Furniture Market, Furniture Market/Number of Enterprises, 2019, Asia-Pacific Countries
13.5.3. Number of Employees, Furniture Market, Furniture Market/Number of Employees, 2019, Asia-Pacific Countries
13.6. Asia-Pacific Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7. Asia-Pacific Furniture Market: Country Analysis
13.7.1. China Furniture Market
13.7.1.1. China Furniture Market Overview
13.7.1.2. China Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.2. Australia Furniture Market
13.7.2.1. Australia Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.3. Hong Kong Furniture Market
13.7.3.1. Hong Kong Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.4. India Furniture Market
13.7.4.1. India Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.5. Indonesia Furniture Market
13.7.5.1. Indonesia Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.6. Japan Furniture Market
13.7.6.1. Japan Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.7. Malaysia Furniture Market
13.7.7.1. Malaysia Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.8. New Zealand Furniture Market
13.7.8.1. New Zealand Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.9. Philippines Furniture Market
13.7.9.1. Philippines Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.10. Singapore Furniture Market
13.7.10.1. Singapore Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.11. South Korea Furniture Market
13.7.11.1. South Korea Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.12. Thailand Furniture Market
13.7.12.1. Thailand Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
13.7.13. Vietnam Furniture Market
13.7.13.1. Vietnam Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14. Western Europe Furniture Market
14.1. Western Europe Furniture Market Overview
14.2. Western Europe, Furniture Market, 2019, By Country, Value ($ Billion)
14.3. Western Europe, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country
14.4. Western Europe, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country
14.5. Western Europe, Furniture Market Metrics
14.5.1. Per Capita Average Furniture Expenditure, 2015-2023, Western Europe Countries
14.5.2. Number of Enterprises, Furniture Market, Furniture Market/Number of Enterprises, 2019, Western Europe Countries
14.5.3. Number of Employees, Furniture Market, Furniture Market/Number of Employees, 2019, Western Europe Countries
14.6. Western Europe Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7. Western Europe Furniture Market: Country Analysis
14.7.1. Austria Furniture Market
14.7.1.1. Austria Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.2. Belgium Furniture Market
14.7.2.1. Belgium Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.3. Denmark Furniture Market
14.7.3.1. Denmark Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.4. Finland Furniture Market
14.7.4.1. Finland Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.5. France Furniture Market
14.7.5.1. France Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.6. Germany Furniture Market
14.7.6.1. Germany Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.7. Ireland Furniture Market
14.7.7.1. Ireland Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.8. Italy Furniture Market
14.7.8.1. Italy Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.9. Netherlands Furniture Market
14.7.9.1. Netherlands Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.10. Norway Furniture Market
14.7.10.1. Norway Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.11. Portugal Furniture Market
14.7.11.1. Portugal Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.12. Spain Furniture Market
14.7.12.1. Spain Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.13. Sweden Furniture Market
14.7.13.1. Sweden Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.14. Switzerland Furniture Market
14.7.14.1. Switzerland Furniture Market Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
14.7.15. UK Furniture Market
14.7.15.1. UK Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
15. Eastern Europe Furniture Market
15.1. Eastern Europe Furniture Market Overview
15.2. Eastern Europe, Furniture Market, 2019, By Country, Value ($ Billion)
15.3. Eastern Europe, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country
15.4. Eastern Europe, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country
15.5. Eastern Europe, Furniture Market Metrics
15.5.1. Per Capita Average Furniture Expenditure, 2015-2023, Eastern Europe Countries
15.5.2. Number of Enterprises, Furniture Market, Furniture Market/Number of Enterprises, 2019, Eastern Europe Countries
15.5.3. Number of Employees, Furniture Market, Furniture Market/Number of Employees, 2019, Eastern Europe Countries
15.6. Eastern Europe Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
15.7. Eastern Europe Furniture Market: Country Analysis
15.7.1. Czech Republic Furniture Market,
15.7.1.1. Czech Republic Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
15.7.2. Poland Furniture Market
15.7.2.1. Poland Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
15.7.3. Romania Furniture Market
15.7.3.1. Romania Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
15.7.4. Russia Furniture Market
15.7.4.1. Russia Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
16. North America Furniture Market
16.1. North America Furniture Market Overview
16.2. North America, Furniture Market, 2019, By Country, Value ($ Billion)
16.3. North America, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country
16.4. North America, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country
16.5. North America, Furniture Market Metrics
16.5.1. Per Capita Average Furniture Expenditure, 2015-2023, North America Countries
16.5.2. Number of Enterprises, Furniture Market, Furniture Market/Number of Enterprises, 2019, North America Countries
16.5.3. Number of Employees, Furniture Market, Furniture Market/Number of Employees, 2019, North America Countries
16.6. North America Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
16.7. North America Furniture Market: Country Analysis
16.7.1. Canada Furniture Market
16.7.1.1. Canada Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
16.7.2. Mexico Furniture Market
16.7.2.1. Mexico Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
16.7.3. USA Furniture Market
16.7.3.1. USA Furniture Market Overview
16.7.3.2. USA Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
17. South America Furniture Market
17.1. South America Furniture Market Overview
17.2. South America, Furniture Market, 2019, By Country, Value ($ Billion)
17.3. South America, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country
17.4. South America, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country
17.5. South America, Furniture Market Metrics
17.5.1. Per Capita Average Furniture Expenditure, 2015-2023, South America Countries
17.5.2. Number of Enterprises, Furniture Market, Furniture Market/Number of Enterprises, 2019, South America Countries
17.5.3. Number of Employees, Furniture Market, Furniture Market/Number of Employees, 2019, South America Countries
17.6. South America Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
17.7. South America Furniture Market: Country Analysis
17.7.1. Argentina Furniture Market
17.7.1.1. Argentina Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
17.7.2. Brazil Furniture Market
17.7.2.1. Brazil Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
17.7.3. Chile Furniture Market
17.7.3.1. Chile Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
17.7.4. Colombia Furniture Market
17.7.4.1. Colombia Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
17.7.5. Peru Furniture Market
17.7.5.1. Peru Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
17.7.6. Venezuela Furniture Market
17.7.6.1. Venezuela Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
18. Middle East Furniture Market
18.1. Middle East Furniture Market Overview
18.2. Middle East, Furniture Market, 2019, By Country, Value ($ Billion)
18.3. Middle East, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country
18.4. Middle East, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country
18.5. Middle East, Furniture Market Metrics
18.5.1. Per Capita Average Furniture Expenditure, 2015-2023, Middle East Countries
18.5.2. Number of Enterprises, Furniture Market, Furniture Market/Number of Enterprises, 2019, Middle East Countries
18.5.3. Number of Employees, Furniture Market, Furniture Market/Number of Employees, 2019, Middle East Countries
18.6. Middle East Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
18.7. Middle East Furniture Market: Country Analysis
18.7.1. Saudi Arabia Furniture Market
18.7.1.1. Saudi Arabia Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
18.7.2. Israel Furniture Market
18.7.2.1. Israel Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
18.7.3. Turkey Furniture Market
18.7.3.1. Turkey Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
18.7.4. UAE Furniture Market
18.7.4.1. UAE Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
19. Africa Furniture Market
19.1. Africa Furniture Market Overview
19.2. Africa, Furniture Market, 2019, By Country, Value ($ Billion)
19.3. Africa, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Country
19.4. Africa, Furniture Market, 2015-2019, 2023F, 2025F, 2030F, Growth And Market Share Comparison, By Country
19.5. Africa, Furniture Market Metrics
19.5.1. Per Capita Average Furniture Expenditure, 2015-2023, Africa Countries
19.5.2. Number of Enterprises, Furniture Market, Furniture Market/Number of Enterprises, 2019, Africa Countries
19.5.3. Number of Employees, Furniture Market, Furniture Market/Number of Employees, 2019, Africa Countries
19.6. Africa Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
19.7. Africa Furniture Market: Country Analysis
19.7.1. Egypt Furniture Market
19.7.1.1. Egypt Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
19.7.2. Nigeria Furniture Market
19.7.2.1. Nigeria Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
19.7.3. South Africa Furniture Market
19.7.3.1. South Africa Furniture Market, Segmentation By Type, 2015-2019, 2023F, 2025F, 2030F, Value ($ Billion)
20. Furniture Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. IKEA AB
20.3.1.1. Company Overview
20.3.1.2. Products And Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. Ashley Furniture Industries Inc
20.3.2.1. Company Overview
20.3.2.2. Products And Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. Steelcase Inc
20.3.3.1. Company Overview
20.3.3.2. Products And Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4. Tempur Sealy International Inc
20.3.4.1. Company Overview
20.3.4.2. Products And Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
20.3.5. Leggett & Platt Incorporated
20.3.5.1. Company Overview
20.3.5.2. Products And Services
20.3.5.3. Strategy
20.3.5.4. Financial Performance
21. Key Mergers And Acquisitions In The Furniture Market
22. Market Background: Paper, Plastics, Rubber, Wood And Textile Market
22.1. Paper, Plastics, Rubber, Wood And Textile Market Characteristics
22.2. Paper, Plastics, Rubber, Wood And Textile Market Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, Growth, By Segment, Value ($ Billion), Global
22.3. Global Paper, Plastics, Rubber, Wood And Textile Market, 2019, By Region, Value ($ Billion)
22.4. Global Paper, Plastics, Rubber, Wood And Textile Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
22.5. Global Paper, Plastics, Rubber, Wood And Textile Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)
23. Recommendations
23.1. Global Furniture Market In 2023- Growth Countries
23.2. Global Furniture Market In 2023- Growth Segments
23.3. Global Furniture Market In 2023- Growth Strategies
24. Appendix
24.1. NAICS Definitions Of Industry Covered In This Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. The Business Research Company
25. Copyright And Disclaimer

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