Furniture Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Furniture Market: By Type( Ready-to-Assemble (RTA), Non-RTA) Material (Metal, Wood, Plastic, Glass) Application (Residential (Upholstered furniture, Non-upholstered furniture, Bedroom, Kitchen Cabinet, Dining Room, Blinds & Shades, Mattresses) ( Commercial (Business/Office, Educational, Healthcare, Hospitality) Distribution Channel (Home Centers, Flagships Stores, Specialty Stores, Online) and Geography

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Report

Description

Furniture Market size is valued at USD 551.6 billion in 2021 and is expected to reach a value of USD 827.5 million by 2028, growing at a CAGR of 5.2% during the forecast period 2022 to 2028. The global market provides a detailed overview of the furniture market and that can be segmented by type, material, application, and distribution channel. By type, the furniture market has been segmented into ready-to-assemble (RTA) and non-RTA. The ready-to-assemble (RTA) segment is likely to be the largest and fastest-growing segment in terms of type. Based on material, the market is segmented into metal, wood, plastic and glass.  Among these, the metal segment is expected to have the fastest-growing market during the forecast period 2022-2028. By application, the furniture market is segmented into residential and commercial. Among these, the residential segment is expected to have the fastest-growing market during the forecast period 2022-2028. Further, residential is segregated into upholstered furniture, non-upholstered furniture, bedroom, kitchen cabinet, dining room, blinds & shades, and mattresses, Commercial is divided into business/office, educational, healthcare, and hospitality, Based on distribution channel, the furniture market has been segmented into home centers, flagship stores, specialty stores, and online. The specialty stores segment is likely to be the largest and fastest-growing segment in terms of technology.


Furniture Market

MARKET SUMMARY
-
5.2%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR–5.2%
  • Fastest Growing Market– Asia-Pacific

Furniture Market:

  • The Furniture Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The Furniture Market is segmented based on type, application,  Distribution Channel and geography.
Key Players
  • Bassett Furniture Industries (Bassett)
  • Durham Furniture
  • Haworth, Inc.
  • Hni Corporation
  • Inter Ikea Systems Bv
  • Kimball International Inc.

Furniture Market Drivers

On a global scale, the furniture industry seeks to evolve and present pieces that appeal to a wide range of people and lifestyles. Consumer expectations and consumption habits in various locations are also crucial data points to examine. The continuous smart city developments, as well as the construction industry’s growth, are expected to drive significant demand for furniture solutions.


Asia-Pacific Got Significant Share

Furniture Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period fueled by the growth of the hospitality and real estate industries, as well as rising disposable incomes, particularly in urban locations Building and construction spending will increase as per capita disposable income rises, and the region's infrastructure improves, boosting product demand.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The furniture market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The furniture market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The furniture market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The furniture market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The furniture market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Furniture Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The Furniture Market is projected to expand at a CAGR of 5.2% during the forecast period.

The major players in the global Furniture Market are Bassett Furniture Industries (Bassett), Durham Furniture, Haworth, Inc., Hni Corporation, Inter Ikea Systems Bv, Kimball International Inc., L. & J.G. Stickley, Inc., Masco Corporation, Okamura Corporation (Okamura), Steelcase Inc. and TRENDLER, INC.

Asia-Pacific is the fastest-growing region for Furniture Market


Report

Table Of Content

1. Executive Summary
2. Global Furniture Market Introduction
2.1. Global Furniture Market – Taxonomy
2.2. Global Furniture Market –Definitions
2.2.1. By Type
2.2.2. By Material
2.2.3. By Application
2.2.4. By Distribution Channel
2.2.5. By Region
3. Global Furniture Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Furniture Market Dynamic Factors – Impact Analysis
3.6. Global Furniture Market – Competition Landscape
4. Global Furniture Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028(Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Furniture Market, By Type, 2017-2021and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Ready-to-Assemble (RTA)
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2.  Non-RTA
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Furniture Market, By Material, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Metal
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Wood
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Plastic
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Glass
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Furniture Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Residential
7.1.1. Upholstered furniture
7.1.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.1.3. Market Opportunity Analysis
7.1.2. Non-upholstered furniture
7.1.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.2.3. Market Opportunity Analysis
7.1.3. Bedroom
7.1.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3.3. Market Opportunity Analysis
7.1.4. Kitchen Cabinet
7.1.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.4.3. Market Opportunity Analysis
7.1.5. Dining Room
7.1.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.5.3. Market Opportunity Analysis
7.1.6. Blinds & Shades
7.1.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.6.3. Market Opportunity Analysis
7.1.7. Mattresses
7.1.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.7.3. Market Opportunity Analysis
7.1.8. Others
7.1.8.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.8.3. Market Opportunity Analysis
7.2. Commercial
7.2.1. Business/Office
7.2.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.1.3. Market Opportunity Analysis
7.2.2. Educational
7.2.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.2.3. Market Opportunity Analysis
7.2.3. Healthcare
7.2.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3.3. Market Opportunity Analysis
7.2.4. Hospitality
7.2.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.4.3. Market Opportunity Analysis
7.2.5. Others
7.2.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.5.3. Market Opportunity Analysis
8. Global Furniture Market, By Distribution Channel, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Home Centers
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Flagships Stores
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Specialty Stores
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Online
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Other Distribution Channels
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
9. Global Furniture Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Furniture Market – Opportunity Analysis Index, By Type, Material, Application, Distribution Channel, and Region, 2022-2028
10. North America Furniture Market Analysis,2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
10.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Ready-to-Assemble (RTA)
10.1.2. Non-RTA
10.2. Material Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Metal
10.2.2. Wood
10.2.3. Plastic
10.2.4. Glass
10.2.5. Others
10.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Residential
10.3.1.1. Upholstered furniture
10.3.1.2. Non-upholstered furniture
10.3.1.3. Bedroom
10.3.1.4. Kitchen Cabinet
10.3.1.5. Dining Room
10.3.1.6. Blinds & Shades
10.3.1.7. Mattresses
10.3.1.8. Others
10.3.2. Commercial
10.3.2.1. Business/Office
10.3.2.2. Educational
10.3.2.3. Healthcare
10.3.2.4. Hospitality
10.3.2.5. Others
10.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Home Centers
10.4.2. Flagships Stores
10.4.3. Specialty Stores
10.4.4. Online
10.4.5. Other Distribution Channels
10.5. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Furniture Market – Opportunity Analysis Index, By Type, Material, Application, Distribution Channel, and Country, 2022-2028
10.7. North America Furniture Market Dynamics – Trends
11. Europe Furniture Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
11.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Ready-to-Assemble (RTA)
11.1.2. Non-RTA
11.2. Material Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Metal
11.2.2. Wood
11.2.3. Plastic
11.2.4. Glass
11.2.5. Others
11.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Residential
11.3.1.1. Upholstered furniture
11.3.1.2. Non-upholstered furniture
11.3.1.3. Bedroom
11.3.1.4. Kitchen Cabinet
11.3.1.5. Dining Room
11.3.1.6. Blinds & Shades
11.3.1.7. Mattresses
11.3.1.8. Others
11.3.2. Commercial
11.3.2.1. Business/Office
11.3.2.2. Educational
11.3.2.3. Healthcare
11.3.2.4. Hospitality
11.3.2.5. Others
11.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Home Centers
11.4.2. Flagships Stores
11.4.3. Specialty Stores
11.4.4. Online
11.4.5. Other Distribution Channels
11.5. Country Analysis 2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Furniture Market – Opportunity Analysis Index, By Type, Material, Application, Distribution Channel, and Country, 2022-2028
11.7. Europe Furniture Market Dynamics – Trends
12. Asia-Pacific Furniture Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
12.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Ready-to-Assemble (RTA)
12.1.2. Non-RTA
12.2. Material Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Metal
12.2.2. Wood
12.2.3. Plastic
12.2.4. Glass
12.2.5. Others
12.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Residential
12.3.1.1. Upholstered furniture
12.3.1.2. Non-upholstered furniture
12.3.1.3. Bedroom
12.3.1.4. Kitchen Cabinet
12.3.1.5. Dining Room
12.3.1.6. Blinds & Shades
12.3.1.7. Mattresses
12.3.1.8. Others
12.3.2. Commercial
12.3.2.1. Business/Office
12.3.2.2. Educational
12.3.2.3. Healthcare
12.3.2.4. Hospitality
12.3.2.5. Others
12.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Home Centers
12.4.2. Flagships Stores
12.4.3. Specialty Stores
12.4.4. Online
12.4.5. Other Distribution Channels
12.5. Country Analysis2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Furniture Market – Opportunity Analysis Index, By Type, Material, Application, Distribution Channel, and Country,2022-2028
12.7. Asia-Pacific Furniture Market Dynamics – Trends
13. Latin America Furniture Market Analysis,2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
13.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Ready-to-Assemble (RTA)
13.1.2. Non-RTA
13.2. Material Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Metal
13.2.2. Wood
13.2.3. Plastic
13.2.4. Glass
13.2.5. Others
13.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Residential
13.3.1.1. Upholstered furniture
13.3.1.2. Non-upholstered furniture
13.3.1.3. Bedroom
13.3.1.4. Kitchen Cabinet
13.3.1.5. Dining Room
13.3.1.6. Blinds & Shades
13.3.1.7. Mattresses
13.3.1.8. Others
13.3.2. Commercial
13.3.2.1. Business/Office
13.3.2.2. Educational
13.3.2.3. Healthcare
13.3.2.4. Hospitality
13.3.2.5. Others
13.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Home Centers
13.4.2. Flagships Stores
13.4.3. Specialty Stores
13.4.4. Online
13.4.5. Other Distribution Channels
13.5. Country Analysis 2017-2021and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Furniture Market – Opportunity Analysis Index, By Type, Material, Application, Distribution Channel, and Country, 2022-2028
13.7. Latin America Furniture Market Dynamics – Trends
14. Middle East and Africa Furniture Market Analysis, 2017-2021and Forecast, 2022-2028(Revenue, USD Mn)
14.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Ready-to-Assemble (RTA)
14.1.2. Non-RTA
14.2. Material Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Metal
14.2.2. Wood
14.2.3. Plastic
14.2.4. Glass
14.2.5. Others
14.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Residential
14.3.1.1. Upholstered furniture
14.3.1.2. Non-upholstered furniture
14.3.1.3. Bedroom
14.3.1.4. Kitchen Cabinet
14.3.1.5. Dining Room
14.3.1.6. Blinds & Shades
14.3.1.7. Mattresses
14.3.1.8. Others
14.3.2. Commercial
14.3.2.1. Business/Office
14.3.2.2. Educational
14.3.2.3. Healthcare
14.3.2.4. Hospitality
14.3.2.5. Others
14.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Home Centers
14.4.2. Flagships Stores
14.4.3. Specialty Stores
14.4.4. Online
14.4.5. Other Distribution Channels
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Furniture Market – Opportunity Analysis Index, By Type, Material, Application, Distribution Channel, and Country, 2022-2028
14.7. MEA Furniture Market Dynamics – Trends
15. Competition Landscape
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, KeyOfferings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Bassett Furniture Industries (Bassett)
15.2.2. Durham Furniture
15.2.3. Haworth, Inc.
15.2.4. Hni Corporation
15.2.5. Inter Ikea Systems Bv
15.2.6. Kimball International Inc.
15.2.7. L. & J.G. Stickley, Inc.
15.2.8. Masco Corporation
15.2.9. Okamura Corporation (Okamura)
15.2.10. Steelcase Inc.
15.2.11. TRENDLER, INC.
16. Research Methodology
17. Key Assumptions and Acronyms

Report

Company Profile

  • Bassett Furniture Industries (Bassett)
  • Durham Furniture
  • Haworth, Inc.
  • Hni Corporation
  • Inter Ikea Systems Bv
  • Kimball International Inc.
  • L. & J.G. Stickley, Inc.
  • Masco Corporation
  • Okamura Corporation (Okamura)
  • Steelcase Inc.
  • TRENDLER, INC.

Description

Furniture Market size is valued at USD 551.6 billion in 2021 and is expected to reach a value of USD 827.5 million by 2028, growing at a CAGR of 5.2% during the forecast period 2022 to 2028. The global market provides a detailed overview of the furniture market and that can be segmented by type, material, application, and distribution channel. By type, the furniture market has been segmented into ready-to-assemble (RTA) and non-RTA. The ready-to-assemble (RTA) segment is likely to be the largest and fastest-growing segment in terms of type. Based on material, the market is segmented into metal, wood, plastic and glass.  Among these, the metal segment is expected to have the fastest-growing market during the forecast period 2022-2028. By application, the furniture market is segmented into residential and commercial. Among these, the residential segment is expected to have the fastest-growing market during the forecast period 2022-2028. Further, residential is segregated into upholstered furniture, non-upholstered furniture, bedroom, kitchen cabinet, dining room, blinds & shades, and mattresses, Commercial is divided into business/office, educational, healthcare, and hospitality, Based on distribution channel, the furniture market has been segmented into home centers, flagship stores, specialty stores, and online. The specialty stores segment is likely to be the largest and fastest-growing segment in terms of technology.

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