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Furniture Market By Type (Tables, Chairs, Beds, Sofas, Cupboards, and Others (Storage Units, Accessories, etc.)), By Material (Wood, Plastic, Metal, Others (Glass, Leather, and Rubber)), and Application (Residential, and Commercial): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026

  • Publish On: Mar-2020
  • Total Pages: 178
  • Report Code: FAF-878
  • Base Year: 2019
  • Format:

Industry Insights

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the furniture industry. The report analyzes and declares the historical and current trends analysis of the Furnitureindustry and subsequently recommends the projected trends anticipated to be observed in the furniture market during the upcoming years.

The furniture market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire furniture market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the furniture industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the furniture industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the furniture market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Furniture industry. The furniture market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Furniture sector. Key strategic developments in the furniture market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the furniture market are appropriately highlighted in the report.

The global furniture market is experiencing significant growth that is expected to continue over the upcoming years. A massive rise in the demand for furniture in residential and commercial sectors is likely to act as a key driver of the global furniture market.

The furniture market research report delivers an acute valuation and taxonomy of the Furniture industry by practically splitting the market on the basis of different types, materials, applications,and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Furniture industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the furniture industry is provided for the leading economies of the world.

The furniture market is segmented based on type, material, and application. On the basis of type segmentation, the market is classified into chairs, tables, sofas, beds, cupboards, and others (accessories, storage units, etc.). In terms of material segmentation, the market is bifurcated into plastic, wood, metal, and others (leather, glass, and rubber). In terms of application segmentation, the market is bifurcated into the residential, and commercial.

Some of the essential players operating in the furniture market, but not restricted to include IKEA International Group, Knoll Inc., Steel Case Inc., Kimball International, Sears Holding Corp, Masco Corporation, Herman Miller Inc., HNI Corp, Kokuyo Furniture Co. Ltd, Haworth Inc., Ashley Furniture Industries Ltd., and Mattress Firm., among others.

The taxonomy of the Furniture industry by its scope and segmentation is as follows:

Global Furniture Market: Type Analysis

  • Tables
  • Chairs
  • Beds
  • Sofas
  • Cupboards
  • Others (Storage Units, Accessories, etc.)

Global Furniture Market: Material Analysis

  • Wood
  • Plastic
  • Metal
  • Others (Glass, Leather, and Rubber)

Global Furniture Market: Application Analysis

  • Residential
  • Commercial

Global Furniture Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY REPORT POINTERS & HIGHLIGHTS:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable  Segments and Sub-segments of the Market
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
  • Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
  • Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Technological Roadmap, Patents Analysis, Potential Substitutes, and Technical Analysis
  • The professionally substantiated market research report study is calculated, constructed, and assembled by implementing a Robust Research Methodology. The Triangular Process comprises abuoyant mix of Exhaustive Primary Research (focused interviews, questionnaires, and ad-hoc surveys) and Extended Secondary Research (paid external databases, proprietary in-house database, and publically-available validated sources), where it is finally triangulated and validated through in-house industry experts, industry leaders, and independent consultants through a tri-level quality check practice.

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Furniture market – Type Analysis
    1. 2.1. Global Furniture Market – Type Overview
    2. 2.2. Global Furniture Market Share, by Type, 2019 & 2026 (USD Million)
    3. 2.3. Tables
      1. 2.3.1. Global Tables Furniture Market, 2016-2026 (USD Million)
    4. 2.4. Chairs
      1. 2.4.1. Global Chairs Furniture Market, 2016-2026 (USD Million)
    5. 2.5. Beds
      1. 2.5.1. Global Beds Furniture Market, 2016-2026 (USD Million)
    6. 2.6. Sofas
      1. 2.6.1. Global Sofas Furniture Market, 2016-2026 (USD Million)
    7. 2.7. Cupboards
      1. 2.7.1. Global Cupboards Furniture Market, 2016-2026 (USD Million)
    8. 2.8. Others (Storage Units, Accessories, etc.)
      1. 2.8.1. Global Others (Storage Units, Accessories, etc.) Furniture Market, 2016-2026 (USD Million)
  3. CHAPTER 3. Furniture market – Material Analysis
    1. 3.1. Global Furniture Market – Material Overview
    2. 3.2. Global Furniture Market Share, by Material, 2019 & 2026 (USD Million)
    3. 3.3. Wood
      1. 3.3.1. Global Wood Furniture Market, 2016-2026 (USD Million)
    4. 3.4. Plastic
      1. 3.4.1. Global Plastic Furniture Market, 2016-2026 (USD Million)
    5. 3.5. Metal
      1. 3.5.1. Global Metal Furniture Market, 2016-2026 (USD Million)
    6. 3.6. Others (Glass, Leather, and Rubber)
      1. 3.6.1. Global Others (Glass, Leather, and Rubber) Furniture Market, 2016-2026 (USD Million)
  4. CHAPTER 4. Furniture market – Application Analysis
    1. 4.1. Global Furniture Market – Application Overview
    2. 4.2. Global Furniture Market Share, by Application, 2019 & 2026 (USD Million)
    3. 4.3. Residential
      1. 4.3.1. Global Residential Furniture Market, 2016-2026 (USD Million)
    4. 4.4. Commercial
      1. 4.4.1. Global Commercial Furniture Market, 2016-2026 (USD Million)
  5. CHAPTER 5. Furniture market – Regional Analysis
    1. 5.1. Global Furniture Market Regional Overview
    2. 5.2. Global Furniture Market Share, by Region, 2019 & 2026 (Value)
    3. 5.3. North America
      1. 5.3.1. North America Furniture Market size and forecast, 2016-2026
      2. 5.3.2. North America Furniture Market, by Country, 2019 & 2026 (USD Million)
      3. 5.3.3. North America Furniture Market, by Type, 2016-2026
      4. 5.3.4. North America Furniture Market, by Material, 2016-2026
      5. 5.3.5. North America Furniture Market, by Application, 2016-2026
      6. 5.3.6. U.S.
      7. 5.3.7. Canada
    4. 5.4. Europe
      1. 5.4.1. Europe Furniture Market size and forecast, 2016-2026
      2. 5.4.2. Europe Furniture Market, by Country, 2019 & 2026 (USD Million)
      3. 5.4.3. Europe Furniture Market, by Type, 2016-2026
      4. 5.4.4. Europe Furniture Market, by Material, 2016-2026
      5. 5.4.5. Europe Furniture Market, by Application, 2016-2026
      6. 5.4.6. Germany
      7. 5.4.7. France
      8. 5.4.8. U.K.
      9. 5.4.9. Italy
      10. 5.4.10. Spain
      11. 5.4.11. Rest of Europe
    5. 5.5. Asia Pacific
      1. 5.5.1. Asia Pacific Furniture Market size and forecast, 2016-2026
      2. 5.5.2. Asia Pacific Furniture Market, by Country, 2019 & 2026 (USD Million)
      3. 5.5.3. Asia Pacific Furniture Market, by Type, 2016-2026
      4. 5.5.4. Asia Pacific Furniture Market, by Material, 2016-2026
      5. 5.5.5. Asia Pacific Furniture Market, by Application, 2016-2026
      6. 5.5.6. China
      7. 5.5.7. Japan
      8. 5.5.8. India
      9. 5.5.9. South Korea
      10. 5.5.10. South-East Asia
      11. 5.5.11. Rest of Asia Pacific
    6. 5.6. Latin America
      1. 5.6.1. Latin America Furniture Market size and forecast, 2016-2026
      2. 5.6.2. Latin America Furniture Market, by Country, 2019 & 2026 (USD Million)
      3. 5.6.3. Latin America Furniture Market, by Type, 2016-2026
      4. 5.6.4. Latin America Furniture Market, by Material, 2016-2026
      5. 5.6.5. Latin America Furniture Market, by Application, 2016-2026
      6. 5.6.6. Brazil
      7. 5.6.7. Mexico
      8. 5.6.8. Rest of Latin America
    7. 5.7. The Middle-East and Africa
      1. 5.7.1. The Middle-East and Africa Furniture Market size and forecast, 2016-2026
      2. 5.7.2. The Middle-East and Africa Furniture Market, by Country, 2019 & 2026 (USD Million)
      3. 5.7.3. The Middle-East and Africa Furniture Market, by Type, 2016-2026
      4. 5.7.4. The Middle-East and Africa Furniture Market, by Material, 2016-2026
      5. 5.7.5. The Middle-East and Africa Furniture Market, by Application, 2016-2026
      6. 5.7.6. GCC Countries
      7. 5.7.7. South Africa
      8. 5.7.8. Rest of Middle-East Africa
  6. CHAPTER 6. Furniture market – Competitive Landscape
    1. 6.1. Competitor Market Share – Revenue
    2. 6.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 6.3. Strategic Development
      1. 6.3.1. Acquisitions and Mergers
      2. 6.3.2. New Products
      3. 6.3.3. Research & Development Activities
  7. CHAPTER 7. Company Profiles
    1. 7.1. IKEA International Group
      1. 7.1.1. Company Overview
      2. 7.1.2. IKEA International Group Revenue and Gross Margin
      3. 7.1.3. Product portfolio
      4. 7.1.4. Recent initiatives
    2. 7.2. Knoll Inc.
      1. 7.2.1. Company Overview
      2. 7.2.2. Knoll Inc. Revenue and Gross Margin
      3. 7.2.3. Product portfolio
      4. 7.2.4. Recent initiatives
    3. 7.3. Steel Case Inc.
      1. 7.3.1. Company Overview
      2. 7.3.2. Steel Case Inc. Revenue and Gross Margin
      3. 7.3.3. Product portfolio
      4. 7.3.4. Recent initiatives
    4. 7.4. Kimball International
      1. 7.4.1. Company Overview
      2. 7.4.2. Kimball International Revenue and Gross Margin
      3. 7.4.3. Product portfolio
      4. 7.4.4. Recent initiatives
    5. 7.5. Sears Holding Corp
      1. 7.5.1. Company Overview
      2. 7.5.2. Sears Holding Corp Revenue and Gross Margin
      3. 7.5.3. Product portfolio
      4. 7.5.4. Recent initiatives
    6. 7.6. Masco Corporation
      1. 7.6.1. Company Overview
      2. 7.6.2. Masco Corporation Revenue and Gross Margin
      3. 7.6.3. Product portfolio
      4. 7.6.4. Recent initiatives
    7. 7.7. Herman Miller Inc.
      1. 7.7.1. Company Overview
      2. 7.7.2. Herman Miller Inc. Revenue and Gross Margin
      3. 7.7.3. Product portfolio
      4. 7.7.4. Recent initiatives
    8. 7.8. HNI Corp
      1. 7.8.1. Company Overview
      2. 7.8.2. HNI Corp Revenue and Gross Margin
      3. 7.8.3. Product portfolio
      4. 7.8.4. Recent initiatives
    9. 7.9. Kokuyo Furniture Co. Ltd
      1. 7.9.1. Company Overview
      2. 7.9.2. Kokuyo Furniture Co. Ltd Revenue and Gross Margin
      3. 7.9.3. Product portfolio
      4. 7.9.4. Recent initiatives
    10. 7.10. Haworth Inc.
      1. 7.10.1. Company Overview
      2. 7.10.2. Haworth Inc. Revenue and Gross Margin
      3. 7.10.3. Product portfolio
      4. 7.10.4. Recent initiatives
    11. 7.11. Ashley Furniture Industries Ltd.
      1. 7.11.1. Company Overview
      2. 7.11.2. Ashley Furniture Industries Ltd. Revenue and Gross Margin
      3. 7.11.3. Product portfolio
      4. 7.11.4. Recent initiatives
    12. 7.12. Mattress Firm
      1. 7.12.1. Company Overview
      2. 7.12.2. Mattress Firm Revenue and Gross Margin
      3. 7.12.3. Product portfolio
      4. 7.12.4. Recent initiatives
  8. CHAPTER 8. Furniture — Industry Analysis
    1. 8.1. Furniture Market – Key Trends
      1. 8.1.1. Market Drivers
      2. 8.1.2. Market Restraints
      3. 8.1.3. Market Opportunities
    2. 8.2. Value Chain Analysis
    3. 8.3. Technology Roadmap and Timeline
    4. 8.4. Furniture Market – Attractiveness Analysis
      1. 8.4.1. By Type
      2. 8.4.2. By Material
      3. 8.4.3. By Application
      4. 8.4.4. By Region
  9. CHAPTER 9. Marketing Strategy Analysis, Distributors
    1. 9.1. Marketing Channel
    2. 9.2. Direct Marketing
    3. 9.3. Indirect Marketing
    4. 9.4. Marketing Channel Development Trend
    5. 9.5. Economic/Political Environmental Change
  10. CHAPTER 10. Report Conclusion
  11. CHAPTER 11. Research Approach & Methodology
    1. 11.1. Report Description
    2. 11.2. Research Scope
    3. 11.3. Research Methodology
      1. 11.3.1. Secondary Research
      2. 11.3.2. Primary Research
      3. 11.3.3. Models

      List of Figures

      FIG. 1 Global Furniture Market, 2016-2026 (USD Million)
      FIG. 2 Global Furniture Market Share, by Type, 2019 & 2026 (USD Million)
      FIG. 3 Global Tables Furniture Market, 2016-2026 (USD Million)
      FIG. 4 Global Chairs Furniture Market, 2016-2026 (USD Million)
      FIG. 5 Global Beds Furniture Market, 2016-2026 (USD Million)
      FIG. 6 Global Sofas Furniture Market, 2016-2026 (USD Million)
      FIG. 7 Global Cupboards Furniture Market, 2016-2026 (USD Million)
      FIG. 8 Global Others (Storage Units, Accessories, etc.) Furniture Market, 2016-2026 (USD Million)
      FIG. 9 Global Furniture Market Share, by Material, 2019 & 2026 (USD Million)
      FIG. 10 Global Wood Furniture Market, 2016-2026 (USD Million)
      FIG. 11 Global Plastic Furniture Market, 2016-2026 (USD Million)
      FIG. 12 Global Metal Furniture Market, 2016-2026 (USD Million)
      FIG. 13 Global Others (Glass, Leather, and Rubber) Furniture Market, 2016-2026 (USD Million)
      FIG. 14 Global Furniture Market Share, by Application, 2019 & 2026 (USD Million)
      FIG. 15 Global Residential Furniture Market, 2016-2026 (USD Million)
      FIG. 16 Global Commercial Furniture Market, 2016-2026 (USD Million)
      FIG. 17 Global Furniture Market Share, by Region, 2019 & 2026
      FIG. 18 North America Furniture Market, 2016-2026
      FIG. 19 U.S. Furniture Market, 2016-2026
      FIG. 20 Canada Furniture Market, 2016-2026
      FIG. 21 Europe Furniture Market, 2016-2026
      FIG. 22 Germany Furniture Market, 2016-2026
      FIG. 23 France Furniture Market, 2016-2026
      FIG. 24 U.K. Furniture Market, 2016-2026
      FIG. 25 Italy Furniture Market, 2016-2026
      FIG. 26 Spain Furniture Market, 2016-2026
      FIG. 27 Rest of Europe Furniture Market, 2016-2026
      FIG. 28 Asia Pacific Furniture Market, 2016-2026
      FIG. 29 China Furniture Market, 2016-2026
      FIG. 30 Japan Furniture Market, 2016-2026
      FIG. 31 India Furniture Market, 2016-2026
      FIG. 32 South  Korea Furniture Market, 2016-2026
      FIG. 33 South-East Asia Furniture Market, 2016-2026
      FIG. 34 Rest of Asia Pacific Furniture Market, 2016-2026
      FIG. 35 Latin America Furniture Market, 2016-2026
      FIG. 36 Brazil Furniture Market, 2016-2026
      FIG. 37 Mexico Furniture Market, 2016-2026
      FIG. 38 Rest of Latin America Furniture Market, 2016-2026
      FIG. 39 The Middle-East and Africa Furniture Market, 2016-2026
      FIG. 40 GCC Countries Furniture Market, 2016-2026
      FIG. 41 South Africa Furniture Market, 2016-2026
      FIG. 42 Rest of Middle-East Africa Furniture Market, 2016-2026
      FIG. 43 Competitor Market Share – Revenue
      FIG. 44 IKEA International Group Revenue and Growth Rate
      FIG. 45 IKEA International Group Market Share
      FIG. 46 Knoll Inc. Revenue and Growth Rate
      FIG. 47 Knoll Inc. Market Share
      FIG. 48 Steel Case Inc. Revenue and Growth Rate
      FIG. 49 Steel Case Inc. Market Share
      FIG. 50 Kimball International Revenue and Growth Rate
      FIG. 51 Kimball International Market Share
      FIG. 52 Sears Holding Corp Revenue and Growth Rate
      FIG. 53 Sears Holding Corp Market Share
      FIG. 54 Masco Corporation Revenue and Growth Rate
      FIG. 55 Masco Corporation Market Share
      FIG. 56 Herman Miller Inc. Revenue and Growth Rate
      FIG. 57 Herman Miller Inc. Market Share
      FIG. 58 HNI Corp Revenue and Growth Rate
      FIG. 59 HNI Corp Market Share
      FIG. 60 Kokuyo Furniture Co. Ltd Revenue and Growth Rate
      FIG. 61 Kokuyo Furniture Co. Ltd Market Share
      FIG. 62 Haworth Inc. Revenue and Growth Rate
      FIG. 63 Haworth Inc. Market Share
      FIG. 64 Ashley Furniture Industries Ltd. Revenue and Growth Rate
      FIG. 65 Ashley Furniture Industries Ltd. Market Share
      FIG. 66 Mattress Firm Revenue and Growth Rate
      FIG. 67 Mattress Firm Market Share
      FIG. 68 Market Dynamics
      FIG. 69 Global Furniture – Value Chain Analysis
      FIG. 70 Technology Roadmap and Timeline
      FIG. 71 Market Attractiveness Analysis – By Type
      FIG. 72 Market Attractiveness Analysis – By Material
      FIG. 73 Market Attractiveness Analysis – By Application
      FIG. 74 Market Attractiveness Analysis – By Region
      FIG. 75 Market Channel
      FIG. 76 Marketing Channel Development Trend
      FIG. 77 Growth in World Gross Product, 2008-2018

      List of Tables

      TABLE 1 Global Furniture Market, 2019 & 2026 (USD Million)
      TABLE 2 Global Furniture market, by Type, 2016-2026 (USD Million)
      TABLE 3 Global Furniture market, by Material, 2016-2026 (USD Million)
      TABLE 4 Global Furniture market, by Application, 2016-2026 (USD Million)
      TABLE 5 Global Furniture market, by Region, 2016-2026 (USD Million)
      TABLE 6 North America Furniture Market, by Type, 2016-2026 (USD Million)
      TABLE 7 North America Furniture Market, by Material, 2016-2026 (USD Million)
      TABLE 8 North America Furniture Market, by Application, 2016-2026 (USD Million)
      TABLE 9 Europe Furniture Market, by Type, 2016-2026 (USD Million)
      TABLE 10 Europe Furniture Market, by Material, 2016-2026 (USD Million)
      TABLE 11 Europe Furniture Market, by Application, 2016-2026 (USD Million)
      TABLE 12 Asia Pacific Furniture Market, by Type, 2016-2026 (USD Million)
      TABLE 13 Asia Pacific Furniture Market, by Material, 2016-2026 (USD Million)
      TABLE 14 Asia Pacific Furniture Market, by Application, 2016-2026 (USD Million)
      TABLE 15 Latin America Furniture Market, by Type, 2016-2026 (USD Million)
      TABLE 16 Latin America Furniture Market, by Material, 2016-2026 (USD Million)
      TABLE 17 Latin America Furniture Market, by Application, 2016-2026 (USD Million)
      TABLE 18 The Middle-East and Africa Furniture Market, by Type, 2016-2026 (USD Million)
      TABLE 19 The Middle-East and Africa Furniture Market, by Material, 2016-2026 (USD Million)
      TABLE 20 The Middle-East and Africa Furniture Market, by Application, 2016-2026 (USD Million)
      TABLE 21 Global Furniture Market - Company Revenue Analysis 2016-2019 (USD Million)
      TABLE 22 Global Furniture Market - Company Revenue Share Analysis 2016-2019(%)
      TABLE 23 Acquisitions and Mergers
      TABLE 24 New Product/Service Launch
      TABLE 25 Research & Development Activities
      TABLE 26 Market Drivers
      TABLE 27 Market Restraints
      TABLE 28 Market Opportunities

Key Insights from Primary Research

  • As per our primary respondents, the China furniture market is set to grow annually at a rate of around 6.0%
  • It was established through primary research that the Chinafurnituremarket was valued at more than USD 25,000.00million in 2019
  • The robust industrialization in China is supposed to display the highest growth in the regional market as it is one of the developed economies.
  • Increase urbanization is supposed to fuel market growth. The companies are supposed to invest in R&D to innovate the better products. Product invention will open new opportunities for the furniture thus is expected to propel the industry demand in the upcoming years.
  • The “Chairs” category, on the basis of type segmentation, was the leading revenue-generating category accounting for more than 20.0% share, in 2019.
  • The “Wood” category, on the basis of application segmentation, was the leading revenue-generating category accounting for more than40.0% share, in 2019.
  • The “Commercial” category, on the basis of sales channel segmentation, was the leading revenue-generating category accounting for more than 50.0% share, in 2019.

Key Recommendations from Analysts

  • The growing popularity of furniture as protective gear used to help the athletes play the sport in the various countries across the globe is increasing the demand for the furniture segment. There is a huge demand for furniture in developing regions such as the Asia Pacific, which is driving the sports and medical industry in the regions.
  • North America region is anticipated to a larger share of the furniture market in the upcoming years.
  • China'sfurnituremarket is anticipated to rise at the highest rate between 2020 and 2026.
  • Growing at a CAGR around 9.0%, China furniture and mining market provides numerous opportunities for all of the involved stakeholders across the entire value chain
  • Our analysts have identified “Chairs”, “Wood”, and  “Commercial” categories as the leading investment pockets for furniture market in terms of type, material and application segmentations respectively

Global Furniture Market Revenue Share In 2019 – By Application

Furniture Market

Industry Major Market Players

  • IKEA International Group
  •  Knoll Inc.
  •  Steel Case Inc.
  •  Kimball International
  •  Sears Holding Corp
  •  Masco Corporation
  •  Herman Miller Inc.
  •  HNI Corp
  •  Kokuyo Furniture Co. Ltd
  •  Haworth Inc.
  •  Ashley Furniture Industries Ltd.
  •  Mattress Firm.

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