Furniture Market Will Revenue to Cross revised size of US$ 560470 million by 2028 Research by Business Opportunities, Top Companies report covers, Market-specific challenges, consumption by Regional data

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PUNE, Jan. 16, 2023 (GLOBE NEWSWIRE) — “Furniture Market” research report focus on overall information that can help to take decisions on current market situation.

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.

Furniture Market Report Contains 2023: –

  • Complete overview of the global Furniture Market
  • Top Country data and analysis for United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc. It also throws light on the progress of key regional Furniture Markets such as North America, Europe, Asia-Pacific, South America and Middle East and Africa
  • Description and analysis of Furniture market potential by type, Deep Dive, disruption, application capacity, end use industry
  • impact evaluation of most important drivers and restraints, and dynamics of the global Furniture Market and current trends in the enterprise
  • Detailed profiles of the Top major players in the industry, including. Steelcase,Herman Miller,Haworth,HNI Corporation,Okamura Corporation,Kokuyo,ITOKI,Global Furniture Group,Teknion,Knoll,Kimball International,KI,Kinnarps Holding,Nowy Styl,Ahrend,Henglin Chair Industry,Flokk,Fursys,SUNON,Uchida Yoko,Changjiang Furniture Company,Sedus Stoll,EFG Holding,Aurora,Bene,Quama,Martela,USM Holding,VS,Lanlin,IKEA,Ashley Furniture Industries,Steinhoff,Kimball,Hill-Rom,Stryker

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Furniture Market Segmentation: –

Report Overview

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Furniture estimated at US$ 440400 million in the year 2022, is projected to reach a revised size of US$ 560470 million by 2028, growing at a CAGR of 4.1% during the forecast period 2022-2028.

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.

Report Scope

This latest report researches the industry structure, sales, revenue, price and gross margin. Major producers’ production locations, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Furniture manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases.

This report also includes a discussion of the major players across each regional Furniture market. Further, it explains the major drivers and regional dynamics of the global Furniture market and current trends within the industry.

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researcher’s latest report provides a deep insight into the global Furniture Market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

Furniture Market segments help decision-makers direct the product, sales, and marketing strategies, and can power your product development cycles by informing how you make product offerings for different segments.

Segment by Type

  • Metal Furniture
  • Plastic Furniture
  • Wood Furniture
  • Furniture

Segment by Application

  • Household
  • Office
  • Hospitality & Hotel
  • Education
  • Healthcare
  • Other

Market segment by Region/Country including: –

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain, etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Southeast Asia, etc.)
  • South America (Brazil, Argentina, Colombia, etc.)
  • Middle East & Africa (South Africa, UAE, Saudi Arabia, etc.)

Key Players in the Furniture Market: –

  • Steelcase
  • Herman Miller
  • Haworth
  • HNI Corporation
  • Okamura Corporation
  • Kokuyo
  • ITOKI
  • Global Furniture Group
  • Teknion
  • Knoll
  • Kimball International
  • KI
  • Kinnarps Holding
  • Nowy Styl
  • Ahrend
  • Henglin Chair Industry
  • Flokk
  • Fursys
  • SUNON
  • Uchida Yoko
  • Changjiang Furniture Company
  • Sedus Stoll
  • EFG Holding
  • Aurora
  • Bene
  • Quama
  • Martela
  • USM Holding
  • VS
  • Lanlin
  • IKEA
  • Ashley Furniture Industries
  • Steinhoff
  • Kimball
  • Hill-Rom
  • Stryker

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Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Furniture market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Report Includes:

This report presents an overview of global market for Furniture, sales, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2017 – 2021, estimates for 2022, and projections of CAGR through 2028.

This report researches the key producers of Furniture, also provides the sales of main regions and countries. Highlights of the upcoming market potential for Furniture, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Furniture sales, revenue, market share and industry ranking of main manufacturers, data from 2017 to 2022. Identification of the major stakeholders in the global Furniture market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2017 to 2028. Evaluation and forecast the market size for Furniture sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Steelcase, Herman Miller, Haworth, HNI Corporation, Okamura Corporation, Kokuyo, ITOKI, Global Furniture Group and Teknion, etc.

Key Benefits of Furniture Market Research Report:

  • Types, applications, regions, and key players covered in the study
  • Industry drivers, restraints, and opportunities covered in the study
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Artificial Intelligence AI Chips Market
  • Sales, price, revenue, market share, and growth rate are covered in the report sales channels, distributors, traders, dealers, etc. are covered in the report

Detailed TOC of Global Furniture Industry Research Report, Growth Trends and Competitive Analysis 2022-2028

  • 1 Report Overview
        1.1 Research Scope
        1.2 Market Segment by Type
            1.2.1 Global Furniture Market Size Growth Rate by Type (2017 VS 2021 VS 2028)
            1.2.2 Metal Furniture
            1.2.3 Plastic Furniture
            1.2.4 Wood Furniture
        1.3 Market Segment by Application
            1.3.1 Global Furniture Market Share by Application (2017 VS 2021 VS 2028)
            1.3.2 Household
            1.3.3 Office
            1.3.4 Hospitality & Hotel
            1.3.5 Education
            1.3.6 Healthcare
            1.3.7 Other
        1.4 Study Objectives
        1.5 Years Considered
    2 Market Perspective
        2.1 Global Furniture Market Size (2017-2028)
            2.1.1 Global Furniture Revenue (2017-2028)
            2.1.2 Global Furniture Sales (2017-2028)
        2.2 Global Furniture Market Size across Key Geographies Worldwide: 2017 VS 2021 VS 2028
            2.2.1 Global Furniture Sales by Regions (2017-2022)
            2.2.2 Global Furniture Revenue by Regions (2017-2022)
        2.3 Global Furniture Market Size Forecast by Region
            2.3.1 Global Furniture Sales Forecast by Region (2023-2028)
            2.3.2 Global Furniture Revenue Forecast by Region (2023-2028)
        2.4 Global Top Furniture Regions (Countries) Ranking by Market Size
        2.5 Furniture  Market Dynamics
            2.5.1 Furniture Market Trends
            2.5.2 Furniture Market Drivers
            2.5.3 Furniture Market Challenges
            2.5.4 Furniture Market Restraints

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1.To study and analyze the global Furnitureconsumption (value) by key regions/countries, product type and application

2.To understand the structure of Furniture Market by identifying its various sub segments.

3.Focuses on the key global Furnituremanufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in next few years.

4.To analyze the Furniture with respect to individual growth trends, future prospects, and their contribution to the total market.

5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

6.To project the consumption of Furniture submarkets, with respect to key regions (along with their respective key countries).

7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

8.To strategically profile the key players and comprehensively analyze their growth strategies.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global Furniture Market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the Furniture Market and its impact in the global market.

Learn about the Furniture Market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the Furniture Market.

Besides the standard structure reports, we also provide custom research according to specific requirements

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Client Focus
1. Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Furniture market?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and we elaborate at full length on the impact of the pandemic and the war on the Furniture,Industry.

2. How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Please find the key player list in Summary.

3. What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report.
Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.

Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

4. Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

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