Furniture refers to movable objects intended to support various human activities such as seating (e.g., chairs, stools, and sofas), eating (tables), and sleeping (e.g., beds). Furniture is also used to hold objects at a convenient height for work (as horizontal surfaces above the ground, such as tables and desks), or to store things (e.g., cupboards and shelves). Furniture can be a product of design and is considered a form of decorative art. In addition to furniture's functional role, it can serve a symbolic or religious purpose. It can be made from many materials, including metal, plastic, and wood.
The home furniture segment accounts for the largest revenue share due to the evolution of flat-pack and RTA furniture. To cater to the rising demand, the vendors in the market are focusing on manufacturing flat-pack furniture for medium-price segments and solid wood furniture targeted at the high-end market.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market. This is mainly due to the increasing spending capacity of the end users. Additionally, the growth of the developing countries in the region that will stimulate the demand for modern furniture, will also fuel the market’s growth prospects.
In 2019, the market size of Furniture is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Furniture.
This report studies the global market size of Furniture, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Furniture sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Ashley Furniture Industries
IKEA
Steelcase
Williams-Sonoma
Rooms To Go
TJX
Herman Miller
HNI Corporation
Okamura
9to5 Seating
Clarin
Creative Wood
Kimball International
Market Segment by Product Type
Metal Furniture
Plastic Furniture
Wood Furniture
Market Segment by Application
Home Application
Office Application
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Furniture status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Furniture manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Furniture are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Furniture. Industry analysis & Market Report on Furniture is a syndicated market report, published as Global (United States, European Union and China) Furniture Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Furniture market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.