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
Global Furniture Market: Material Analysis
Global Furniture Market: Application Analysis
Global Furniture Market: Regional Segmentation Analysis
KEY REPORT POINTERS & HIGHLIGHTS:
Table of Content
Key Insights from Primary Research
Key Recommendations from Analysts
Global Furniture Market Revenue Share In 2019 – By Application
Industry Major Market Players
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