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Furniture Market Growth, Size, Trends Analysis - By Product, By Material, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Feb 07, 2025
Length 233 Pages
SKU # SPER19656789

Description

Furniture Market Introduction and Overview

According to SPER market research, ‘Global Furniture Market Size- By Product, By Material, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Furniture Market is predicted to reach 1388.89 billion by 2034 with a CAGR of 6.17%.

Furniture is made up of movable objects that facilitate a variety of human activities, including sleeping, sitting, and storing possessions. It is divided into many sorts, including desks, seats, tables, beds, couches, and cupboards. Beds offer a place to relax, tables are utilized for work and dining, chairs and sofas allow seating, and desks and cabinets aid with organizing and storage.

Restraints:Market expansion is expected to be hampered by the existing middle class’s preference for low-cost products and used furnishings over luxury items. Large organizations’ growth is also being hampered by intense competition from unorganized enterprises in other countries. The growth of the furniture industry is expected to be hampered by global variations in the price of raw materials as well as various import and customs levies on furniture components.
Production expenses are directly impacted by the high cost of raw materials, which restricts the market’s demand for furniture. Changes in the price of goods like metal, wood, and fabrics can increase production costs and lower the profit margins of furniture manufacturers.

Scope of the Report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By Material, By Application.

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.

Companies Covered

Ashley Furniture Industries Inc., IKEA, Jason Furniture (HangZhou) Co., Ltd, La-Z-Boy Inc., Oppein Home Group Inc., Raymour & Flanigan, RH (Restoration Hardware), Steelcase Inc., Williams-Sonoma, Inc., and others.

Furniture Market Segmentation:

By Product:Based on the Product, Global Furniture Market is segmented as; Beds, Tables & Desks, Sofa & Couch, Chairs & Stools, Cabinets & Shelves, Others.

By Material:Based on the Material, Global Furniture Market is segmented as; Metal, Wood, Plastic, Glass, Others.

By Application:Based on the Application, Global Furniture Market is segmented as; Residential, Commercial.

By Region:This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.

Table of Contents

233 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Furniture Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Furniture Market
7. Global Furniture Market, By Product, (USD Million) 2021-2034
7.1. Beds
7.2. Tables & Desks
7.3. Sofa & Couch
7.4. Chairs & Stools
7.5. Cabinets & Shelves
7.6. Others
8. Global Furniture Market, By Material, (USD Million) 2021-2034
8.1. Metal
8.2. Wood
8.3. Plastic
8.4. Glass
8.5. Others
9. Global Furniture Market, By Application, (USD Million) 2021-2034
9.1. Residential
9.2. Commercial
10. Global Furniture Market, (USD Million) 2021-2034
10.1. Global Furniture Market Size and Market Share
11. Global Furniture Market, By Region, (USD Million) 2021-2034
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. American Signature
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Ashley Furniture Industries Inc.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. IKEA
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Jason Furniture (HangZhou) Co., Ltd
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. La-Z-Boy Inc.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Oppein Home Group Inc.
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Raymour & Flanigan
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. RH (Restoration Hardware)
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Steelcase Inc.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Williams-Sonoma, Inc.
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links

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