“Global Furniture Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global furniture market. Furniture is household equipment that is widely used in different spaces, such as offices, kitchens, and bedrooms, to enhance the appearance and functionality of the place. Apart from this, furniture can also be used as accessories, such as paintings and lights, that aid in improving the aesthetic appeal of the given space.
Increasing residential and infrastructural development activities across the globe, coupled with the rising population, are primarily fueling the demand for furniture across the globe. Furthermore, due to the inflating disposable incomes of the masses, consumers are now inclining toward the adoption of luxury furniture items, thereby creating a positive outlook for the market. Other factors, such as the easy availability of furniture through online retail stores and rapid urbanization, are also propelling the market growth.
Beginning with a global overview, the report explores the dynamics that have a strong influence on the furniture market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the furniture market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the furniture market in detail for the latest trends, outlook and opportunities.
The report analyses the competitive structure of the furniture Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the furniture Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the furniture Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the furniture Industry. Furthermore, the value chain analysis of the furniture Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.
Key Segments and Highlights of the Global Furniture Market
The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the furniture Industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.
1 Introduction
1.1 Research Objectives
1.2 Stakeholders
1.3 Scope of the Report
1.4 Assumptions and Limitations
2. Research Methodology
2.1. Data Collection
2.1.1 Primary Sources
2.1.2 Secondary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Validation
3. Executive Summary
4. Global Furniture Market
4.1 Industry Overview
4.2 Key Industry Developments
4.3 Market Trends
4.3.1 Key Market Indicators
4.3.2 Historical Market Trends
4.3.3 Impact of COVID-19
4.3.4 Market Forecast
4.4 Price Analysis
4.4.1 Key Price Indicators
4.4.2 Pricing Structure
4.4.3 Historical Price Trends
4.4.4 Price Forecast
4.5 Market Breakup by Region
4.6 Market Breakup by Type
4.7 Market Breakup by End-Use
5. Global Furniture Market: Value Chain Analysis
5.1 Overview
5.2 Research and Development
5.3 Raw Material Suppliers
5.4 Inbound Logistics
5.5 Production
5.6 Marketing
5.7 Outbound Logistics
5.8 Consumers
6. Global Furniture Market: SWOT Analysis
6.1 Overview
6.2 Strengths
6.3 Weaknesses
6.4 Opportunities
6.5 Threats
7. Global Furniture Market: Porter’s Five Forces Analysis
7.1 Overview
7.2 Threat of New Entrants
7.3 Threat of Substitutes
7.4 Bargaining Power of Buyers
7.5 Bargaining Power of Suppliers
7.6 Intensity of Rivalry
8. Competitive Landscape
8.1 Market Structure
8.2 Key Players
8.3 Key Success Factors
9. Performance by Region
9.1 North America
9.1.1 Overview
9.1.2 Market Trends
9.1.3 Market Segmentation
9.1.4 Market Forecast
9.2 Europe
9.2.1 Overview
9.2.2 Market Trends
9.2.3 Market Segmentation
9.2.4 Market Forecast
9.3 Asia Pacific
9.3.1 Overview
9.3.2 Market Trends
9.3.3 Market Segmentation
9.3.4 Market Forecast
9.4 Latin America
9.4.1 Overview
9.4.2 Market Trends
9.4.3 Market Segmentation
9.4.4 Market Forecast
9.5 Middle East and Africa
9.5.1 Overview
9.5.2 Market Trends
9.5.3 Market Segmentation
9.5.4 Market Forecast
10 Key Player Profiles
List of Figures
Figure 1: Global: Furniture Market, 2017-2022
Figure 2: Global: Furniture Market Forecast, 2023-2028
Figure 3: Global: Furniture Market: Price Trends, 2017-2022
Figure 4: Global: Furniture Market Forecast: Price Trends, 2023-2028
Figure 5: Global: Furniture Market: Breakup by Region, 2022
Figure 6: Global: Furniture Market: Breakup by Type, 2022
Figure 7: Global: Furniture Market: Breakup by End Use, 2022
Figure 8: Global: Furniture Industry: Value Chain Analysis
Figure 9: Global: Furniture Industry: SWOT Analysis
Figure 10: Global: Furniture Industry: Porter’s Five Forces Analysis
Figure 11: Global: Furniture Market: Breakup by Key Players, 2022
Figure 12: North America: Furniture Market, 2017-2022
Figure 13: North America: Furniture Market: Breakup by Segment, 2022
Figure 14: North America: Furniture Market Forecast, 2023-2028
Figure 15: Europe: Furniture Market, 2017-2022
Figure 16: Europe: Furniture Market: Breakup by Segment, 2022
Figure 17: Europe: Furniture Market Forecast, 2023-2028
Figure 18: Asia Pacific: Furniture Market, 2017-2022
Figure 19: Asia Pacific: Furniture Market: Breakup by Segment, 2022
Figure 20: Asia Pacific: Furniture Market Forecast, 2023-2028
Figure 21: Latin America: Furniture Market, 2017-2022
Figure 22: Latin America: Furniture Market: Breakup by Segment, 2022
Figure 23: Latin America: Furniture Market Forecast, 2023-2028
Figure 24: Middle East and Africa: Furniture Market, 2017-2022
Figure 25: Middle East and Africa: Furniture Market: Breakup by Segment, 2022
Figure 26: Middle East and Africa: Furniture Market Forecast, 2023-2028
List of Tables
Table 1: Global: Furniture Industry: Market Summary
Table 2: Global: Furniture Industry: Market Overview, 2022 and 2028
Table 3: Global: Furniture Industry: Market Structure
Table 4: Global: Furniture Market: Market by Region, 2023-2028
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