Global Furniture Market Outlook To 2026: In-Depth Market Overview, Key Material Categories (Metal, Wood, Plastic, Glass, Others), End-Use (Residential, Commercial), Regional Segmentation, Pricing Analysis, Pipeline Analysis, Competitive Dynamics, M&A Insights, Segment Forecast and Conclusion

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The global Furniture Market was valued at $502.54 Billion in 2018 and is forecast to grow at a modest 6.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $654.8 Billion.

 

Furnitures is the movable or shifting objects in a room which are used for decoration, functions, & for sitting. Furniture makes a room comfortable for living, helps decorate a room, it can used for storage purpose, its supports human body to relax, help us hold objects from ground. Furniture’s are classified by material such as wooden furniture, bamboo furniture, metal furniture, plastic furniture, glass furniture, concrete furniture. Furniture helps to decorate home in a very attractive design & it helps to create pleasant, productive office environments with well-designed furniture that’s incorporates new technology into the classic office mode, in which real people can work happily.

 

The furniture market has exhibited the steady improvement over the years owing to the rise living standards, increasing disposable incomes, economic growth & urbanization.

Global Furniture Market

 

Pricing Analysis

 

“Optimal Price Point (OPP) for Furnitures”

 

Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Furnitures are available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.

 

FurnituresMarket by “Material Categories”

 

We have segmented the Furniture market based on Material categories as Metal, Wood, Plastic, Glass, Others.

 

We have observed the significant growth of furniture market by wood materials segment which dominates the market & is expected to expand at the highest CAGR 14.2% over the forecast period. Wooden furniture requires very less maintenance & it is extremely resilient. It has a higher insulation rather than plastic or steel as a result of its natural cellular structure. It means buildings & homes requires less energy to maintain heat & cool and regulates humidity level to a small degree. Wood is used in all kind of furniture both indoor as well as outdoor, it is used to make door & windows frames, used to make patterns, paving materials. Wood materials are used for structural frames & steam bent furniture pieces. Different types of wood have different strength, texture, color, &properties. Some specific type of wood is specially used for lining drawers, boxes &chest. So due to the demand for construction with the increasing populations generates a demand for furniture’s market over the forecast period.

 

Furnitures Market by “End-Use”

 

We have segmented the Furniture market based on product types are Residential & Commercial.

 

We have observed the rapid growth of furniture’s market by the end use of residential segment which dominate the market & expected to expand at highest CAGR more than 8.0% over the forecast period. Growing demand for furniture’s in living room, hall, bedroom, kitchen, bathroom with increase in construction projects is expected to boost the demand of furniture’s market during the forecast period.

 

Regional Segmentation

 

China and India accounted for the maximum revenue share of over xx% in 2018 due to increased demand of Furnitures materials followed by EU- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.

 

Increase demand for living room followed by hall, dining room, kitchen & bedroom and availability of wood, metal, plastic & others materials option, create an impact in developing countries for demand of furniture’s.

 

“Competitive Landscape”and“Merger & Acquisition Insights”

 

The key market participants include BERCO DESIGNS, Ashley Furniture Industries, AFC SYSTEMS, Herman Miller Inc, Kimball International Inc, HNI Corporation, Inter IKEA Systems B.V., Godrej & Boyce Manufacturing Company Limited, OKAMURA CORPORATION are few major players in Furnitures markets. The Furnitures market is fragmented with large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovations & new product development are major focus area for dominant companies.

 

Market Segmentation

 

Furniture Market by Material Categories (Revenue, Million, 2018 – 2026)

  • Metal
  • Wood
  • Plastic
  • Glass
  • Others

 

Furniture Market by End-Use (Revenue, Million, 2018 – 2026)

 

  • Residential
  • Commercial

 

Furniture Market Regional Outlook (Revenue, USD Million, 2018- 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Columbia
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

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Chapter 1 Methodology and Scope

  • Research Methodology
  • Research Scope & Assumptions
  • List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Furniture Market Overview

  • Market Ecosystem
  • Key Stakeholders
  • Industry Trends & Analysis

Chapter 4 Furniture Industry Outlook

  • Market Overview
  • Market Segmentation
  • Market Size and Growth Prospects
  • Leading Brand Dynamics
  • Key Market Drivers
    • Rapid Industrialization
    • Increased demand for luxury furniture’s
    • Demand for construction
  • Key Market Challenges
    • High cost of raw materials
    • High demand for pre-owned furnitures
  • Key Opportunities Prioritized
  • Industry Analysis - Porter’s
  • Furnitures Market-PESTEL Analysis

Chapter 5: -Furniture Market by “Material Categories” (USD Million)

Furniture Market Landscape by Material Categories – 2018 & 2026
  • Metal
    • Market Landscape Analysis, 2018-2026
  • Wood
    • Market Landscape Analysis, 2018-2026
  • Plastic
    • Market Landscape Analysis, 2018-2026
  • Glass
    • Market Landscape Analysis, 2018-2028
  • Others
    • Market Landscape Analysis, 2018-2026

Chapter 6: -Furniture Market by “End-Use” (USD Million)

Furniture Market Landscape by End-Use - 2018 & 2026
  • Residential
    • Market Landscape Analysis, 2018-2026
  • Commercial
    • Market Landscape Analysis, 2018-2026

Chapter 8: Regional Market Outlook

Furniture Market Landscape by Region- 2018
  • North America Market Landscape Analysis, 2018-2026 (USD Mn)
    • U.S. Market Landscape Analysis, 2018-2026
    • Canada Market Landscape Analysis-2018-2026
  • Europe Market Landscape Analysis, 2018-2026 (USD Mn)
    • UK Market Landscape Analysis, 2018-2026
    • Germany Market Landscape Analysis, 2018-2026
    • France Market Landscape Analysis, 2018-2026
    • Italy Market Landscape Analysis, 2018-2026
    • Spain Market Landscape Analysis, 2018-2026
  • Latin America Market Landscape Analysis, 2018-2026 (USD Mn)
    • Brazil Market Landscape Analysis, 2018-2026
    • Mexico Market Landscape Analysis, 2018-2026
    • Colombia Market Landscape Analysis, 2018-2026
  • Asia Pacific Market Landscape Analysis, 2018-2026 (USD Mn)
    • Japan Market Landscape Analysis, 2018-2026
    • China Market Landscape Analysis, 2018-2026
    • India Market Landscape Analysis, 2018-2026
  • Middle East & Africa Market Landscape Analysis, 2018-2026(USD Mn)
    • Saudi Arabia Market Landscape Analysis, 2018-2026
    • South Africa Market Landscape Analysis, 2018-2026

Chapter 9: Pricing Analysis

Optimal Price Points (OPP), Indifference price points (IPP) and Range of Acceptable Prices and (RAP) of leading brands by Region- 2018
  • North America Pricing Analysis (OPP, IPP, and RAP - 2018)
    • U.S. Pricing Analysis-2018
    • Canada Pricing Analysis-2018
  • Europe Pricing Analysis (OPP, IPP, and RAP - 2018)
    • UK Pricing Analysis-2018
    • Germany Pricing Analysis-2018
    • France Pricing Analysis-2018
    • Italy Pricing Analysis-2018
    • Spain Pricing Analysis-2018
  • Latin America Pricing Analysis (OPP, IPP, and RAP - 2018)
    • Brazil Pricing Analysis-2018
    • Mexico Pricing Analysis-2018
    • Colombia Pricing Analysis-2018
  • Asia Pacific Pricing Analysis (OPP, IPP, and RAP - 2018)
    • Japan Pricing Analysis-2018
    • China Pricing Analysis-2018
    • India Pricing Analysis-2018
  • Middle East Pricing Analysis (OPP, IPP, and RAP - 2018)
    • Saudi Arabia Pricing Analysis-2018
    • South Africa Pricing Analysis-2018

Chapter 10: Furniture Pipeline Analysis

  • Executive Summary
  • Late Stage Pipeline analysis
  • Key R&D trends

Chapter 11: Furniture Merger &Acquisition Outlook

  • Factors driving M&A in Furniture market
  • Key trends and future outlook

Chapter 12: Competitive Landscape

  • BERCO DESIGNS
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Ashley Furniture Industries
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • AFC SYSTEMS
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Herman Miller Inc
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Kimball International Inc
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • HNI Corporation
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Inter IKEA Systems B.V
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Godrej & Boyce Manufacturing Company Limited
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
 

List of Tables

 
  • TABLE 1 Furniture Market - Industry Snapshot & Key Buying Criteria, 2018 - 2026
  • TABLE 2 Global Furniture Market, 2018 – 2026
  • TABLE 3 Global Furniture Market Analysis by Product-2018
  • TABLE 4Global Furniture Market Analysis by Technology-2018
  • TABLE 5 Global Furniture Market Analysis by Application-2018
  • TABLE 7 Global Furniture Market Analysis by Geography-2018
  • TABLE 8 Global Furniture Market Analysis by Leading Brands-2018
  • TABLE 9 Furniture Market - Key market driver analysis
  • TABLE 10 Furniture Market - Key market restraint analysis
  • TABLE 11 North America Market Furniture Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 12 U.S. Furniture Market Landscape Analysis, 2018-2026
  • TABLE 13 Canada Furniture Market Landscape Analysis, 2018-2026
  • TABLE 14 Europe Furniture Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 15 U.K Furniture Market Landscape Analysis, 2018-2026
  • TABLE 16 Germany Furniture Market Landscape Analysis, 2018-2026
  • TABLE 17 France Furniture Market Landscape Analysis, 2018-2026
  • TABLE 18 Italy Furniture Market Landscape Analysis, 2018-2026
  • TABLE 19 Spain Furniture Market Landscape Analysis, 2018-2026
  • TABLE 20 Latin America Furniture Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 21 Brazil Furniture Market Landscape Analysis, 2018-2026
  • TABLE 22 Mexico Furniture Market Landscape Analysis, 2018-2026
  • TABLE 20 Colombia Furniture Market Landscape Analysis, 2018-2026
  • TABLE 21 Asia Pacific Furniture Market Landscape Analysis, 2018-2026 (USD Mn)
  • TABLE 22 Japan Furniture Market Landscape Analysis, 2018-2026
  • TABLE 23 China Furniture Market Landscape Analysis, 2018-2026
  • TABLE 24 India Furniture Market Landscape Analysis, 2018-2026
  • TABLE 25 North America Pricing Analysis
  • TABLE 26 North America Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 27 U.S. Pricing Analysis-2018
  • TABLE 28 Canada Pricing Analysis-2018
  • TABLE 29 Europe Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 30 U.K Pricing Analysis-2018
  • TABLE 31 Germany Pricing Analysis-2018
  • TABLE 32 France Pricing Analysis-2018
  • TABLE 33 Italy Pricing Analysis-2018
  • TABLE 34 Spain Pricing Analysis-2018
  • TABLE 35 Latin America Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 36 Brazil Pricing Analysis-2018
  • TABLE 37 Mexico Pricing Analysis-2018
  • TABLE 38 Colombia Pricing Analysis-2018
  • TABLE 39 Asia Pacific Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 40 Japan Pricing Analysis-2018
  • TABLE 41 China Pricing Analysis-2018
  • TABLE 42 India Pricing Analysis-2018
  • TABLE 43 Middle East Pricing Analysis (OPP, IPP, and RAP- 2018)
  • TABLE 44 Saudi Arabia Pricing Analysis-2018
  • TABLE 45 South Africa Pricing Analysis-2018
 

List of Figures

 
  • 1 Furniture Market Segmentation
  • 2 Market Size & Growth Prospects
  • 3 Leading Brand Dynamics
  • 4 Penetration & Growth Prospects
  • 5 Industry Analysis – Porter’s
  • 6 Furniture Market – PESTEL Analysis
  • 7 Furniture Market Share by Product Type, 2018& 2026
  • 8 Furniture Market Share by Cell Type, 2018& 2026
  • 9 Furniture Market Share by Technique, 2018& 2026
  • 10 Furniture Market Share by Application, 2018& 2026
  • 11 Furniture Market Share by End-Use, 2018& 2026
  • 12 Furniture Market Share by Region, 2018& 2026

Key Insights Addressed:  

  • Defining market size from 2015 to 2018.
  • Estimating market growth till 2026 and consequence market forecast.
  • Identifying market drivers, restraints & future opportunities and allowing decision-maker with a range of possible outcomes and the probabilities that will occur for any choice of action.
  • Market segments and regions that will drive or lead market growth.
  • Defining Optimal Price Point (OPP) which will be accepted and recommended by maximum customers.
  • A bird’s-eye view of competitive landscape and the key market players.
  • Key strategic growth driver adopted by market players. In-depth analysis of their strategies and implication on competition & growth.
    Key Findings:  
  • The global Furnitures Market was valued at $502.54 Billion in 2018 and is forecast to grow at a modest 6.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $654.8 Billion.
  • Furnitures is the movable or shifting objects in a room which are used for decoration, functions, & for sitting. Furnitures makes a room comfortable for living, helps decorate a room, it can used for storage purpose, its supports human body to relax, help us hold objects from ground.
  • We have segmented the Furnitures market based on Material categories as Metal, Wood, Plastic, Glass, Others.
  • We have segmented the Furnitures market based on product types are Residential & Commercial.
  • The key market participants include BERCO DESIGNS, Ashley Furniture Industries, AFC SYSTEMS, Herman Miller Inc, Kimball International Inc, HNI Corporation, Inter IKEA Systems B.V., Godrej & Boyce Manufacturing Company Limited, OKAMURA CORPORATION.

Ameri Research implies a unique methodology of published information and primary research to bring key insights to customer decision making process. Our analytics model helps us to understand the structured and unstructured information from various sources. Key steps involves in the process are as below-

    1. Analyzing Published Information- Access to large pool of paid and unpaid published information via different sources and analyzing market trend.
    2. Setting Foundation- Input from analysis of secondary sources set our foundation to market analysis and helps in setting the scope for further research. Setting the scope involves Ameri Research proprietary statistical model, discussion with industry leaders, internal brain storming, key discussion pointers from various forums etc.
    3. Need Gap Analysis- Defining the gap between our scope and availability of information.
    4. KOL Panel Discussion- Focused Group Discussion with a structured discussion guide to fine tune the gap and deriving the factors driving/restraining the market trend.
    5. Quantitative Research- Sampling large number of industry players, Education/Research Institutes, Government bodies, NGOs, Individual acclaimed researchers and conducting primary interview with a structured questionnaire.
    6. Data Triangulation- We applies bottom-up demand approach or top-down estimation or a combined approach to triangulate the data points.
    7. Analyst Comment- Each of our analyst carry large pool of experience from domain perspective and add their value which are directional in nature
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Description

The global Furniture Market was valued at $502.54 Billion in 2018 and is forecast to grow at a modest 6.3 % CAGR between 2018 and 2026, culminating in 2026 global sales of $654.8 Billion.

 

Furnitures is the movable or shifting objects in a room which are used for decoration, functions, & for sitting. Furniture makes a room comfortable for living, helps decorate a room, it can used for storage purpose, its supports human body to relax, help us hold objects from ground. Furniture’s are classified by material such as wooden furniture, bamboo furniture, metal furniture, plastic furniture, glass furniture, concrete furniture. Furniture helps to decorate home in a very attractive design & it helps to create pleasant, productive office environments with well-designed furniture that’s incorporates new technology into the classic office mode, in which real people can work happily.

 

The furniture market has exhibited the steady improvement over the years owing to the rise living standards, increasing disposable incomes, economic growth & urbanization.

Global Furniture Market

 

Pricing Analysis

 

“Optimal Price Point (OPP) for Furnitures”

 

Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.

 

Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the China Furnitures are available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.

 

FurnituresMarket by “Material Categories”

 

We have segmented the Furniture market based on Material categories as Metal, Wood, Plastic, Glass, Others.

 

We have observed the significant growth of furniture market by wood materials segment which dominates the market & is expected to expand at the highest CAGR 14.2% over the forecast period. Wooden furniture requires very less maintenance & it is extremely resilient. It has a higher insulation rather than plastic or steel as a result of its natural cellular structure. It means buildings & homes requires less energy to maintain heat & cool and regulates humidity level to a small degree. Wood is used in all kind of furniture both indoor as well as outdoor, it is used to make door & windows frames, used to make patterns, paving materials. Wood materials are used for structural frames & steam bent furniture pieces. Different types of wood have different strength, texture, color, &properties. Some specific type of wood is specially used for lining drawers, boxes &chest. So due to the demand for construction with the increasing populations generates a demand for furniture’s market over the forecast period.

 

Furnitures Market by “End-Use”

 

We have segmented the Furniture market based on product types are Residential & Commercial.

 

We have observed the rapid growth of furniture’s market by the end use of residential segment which dominate the market & expected to expand at highest CAGR more than 8.0% over the forecast period. Growing demand for furniture’s in living room, hall, bedroom, kitchen, bathroom with increase in construction projects is expected to boost the demand of furniture’s market during the forecast period.

 

Regional Segmentation

 

China and India accounted for the maximum revenue share of over xx% in 2018 due to increased demand of Furnitures materials followed by EU- Top 5 countries contribute $X.6 Billion in 2018 and expected to reach $x.5 Billion by 2026.

 

Increase demand for living room followed by hall, dining room, kitchen & bedroom and availability of wood, metal, plastic & others materials option, create an impact in developing countries for demand of furniture’s.

 

“Competitive Landscape”and“Merger & Acquisition Insights”

 

The key market participants include BERCO DESIGNS, Ashley Furniture Industries, AFC SYSTEMS, Herman Miller Inc, Kimball International Inc, HNI Corporation, Inter IKEA Systems B.V., Godrej & Boyce Manufacturing Company Limited, OKAMURA CORPORATION are few major players in Furnitures markets. The Furnitures market is fragmented with large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovations & new product development are major focus area for dominant companies.

 

Market Segmentation

 

Furniture Market by Material Categories (Revenue, Million, 2018 – 2026)

  • Metal
  • Wood
  • Plastic
  • Glass
  • Others

 

Furniture Market by End-Use (Revenue, Million, 2018 – 2026)

 

  • Residential
  • Commercial

 

Furniture Market Regional Outlook (Revenue, USD Million, 2018- 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Columbia
  • Middle East and Africa
    • South Africa
    • Saudi Arabia

Global Furniture Market,Global Furniture Market Analytics,Global Furniture Market Share,Global Furniture Market Research,Global Furniture Market Forecast, Global Furniture Market Insight,Global Furniture Market Trend, Global Furniture Market Value,Global Furniture Market Size,Global Furniture Market Analysis, Global Furniture Market Survey,Global Furniture Market Research Report

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