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Global Furniture Market: By Type: Metal, Wood, Plastic, Glass, Others; By End Use: Residential, Commercial; By Distribution Channel: Offline, Online; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Furniture Market Outlook

The global furniture market is expected to grow at a CAGR of about 5.2% in the forecast period of 2021-2026, driven by the growing infrastructure and hospitality sectors.

 

Other factors driving the furniture market include changing customer preferences in developing economies, growth in organized retail, and growing residential and commercial development.

 

Global Furniture Market

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Properties and Applications

Furniture refers to mobile objects, which are used to make space or building ideal for living or working in, such as tables, chairs, or desks.

 

Global Furniture Market by Type

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Based on type, the furniture market can be divided into:

  • Metal
  • Wood
  • Plastic
  • Glass
  • Others

It finds its end-use in commercial as well as residential sectors. The furniture market can be broadly categorised based on its distribution channel into:

  • Online
  • Offline

The EMR report looks into the regional furniture markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Furniture Market by Region

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Market Analysis

Technological advancements like the introduction of high-speed Internet services such as 4G and the accelerated adoption of smart devices are improving the e-commerce market in India. Such developments also make it easier for customers to purchase furniture via online platforms, thus, boosting the growth of the furniture market. In addition, the increasing number of smartphone users across the country and rising online shopping platforms enable furniture industry players to launch their products across online channels, aiding the furniture market. The wooden furniture segment is the dominating type of furniture in the global furniture market.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global furniture market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Kokuyo Co., Ltd.
  • Okamura Corporation
  • Godrej & Boyce Manufacturing Company Limited
  • Inter Ikea Systems B.V.
  • HNI Corporation, (NYSE: HNI)
  • Kimball International Inc.
  • Herman Miller, Inc.

The EMR report gives an in-depth insight into the furniture market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Questions Answered in the Report

  • How has the global furniture market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the furniture market for 2021-2026?
  • What are the major drivers of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints of the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major price indicators of the global furniture market?
  • What are the major demand indicators of the global furniture market?
  • Who are the key manufacturers in the global furniture market?
  • What is the degree of competition in the global furniture market?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Furniture Market Analysis
    6.1    Global Furniture Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Furniture Market Breakup by Type
        6.2.1    Metal
        6.2.2    Wood
        6.2.3    Plastic
        6.2.4    Glass
        6.2.5    Others
    6.3    Global Furniture Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Metal
        6.3.2    Wood
        6.3.3    Plastic
        6.3.4    Glass
        6.3.5    Others   
    6.4    Global Furniture Market Breakup by End-Use
        6.4.1    Residential
        6.4.2    Commercial
    6.5    Global Furniture Market Breakup by End-Use: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Residential
        6.5.2    Commercial 
    6.6      Global Furniture Market Breakup by Distribution Channel
        6.6.1    Offline
        6.6.2    Online
    6.7    Global Furniture Market Breakup by Distribution Channel: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Offline
        6.7.2    Online 
    6.8    Global Furniture Market Breakup by Region
        6.8.1    North America
        6.8.2    Europe
        6.8.3    Asia Pacific
        6.8.4    Latin America
        6.8.5    Middle East & Africa
    6.9     Global Furniture Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    North America
        6.9.2    Europe
        6.9.3    Asia Pacific
        6.9.4    Latin America
        6.9.5    Middle East & Africa
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes
9    Value Chain Analysis
10    EMR’s Key Indicators for Demand
11    EMR’s Key Indicator for Price
12    Competitive Landscape & Supplier Analysis

    12.1    Kokuyo Co., Ltd., 7984 (TYO)
    12.2    Okamura Corporation, 7994 (TYO)
    12.3    Godrej & Boyce Manufacturing Company Limited
    12.4    Inter Ikea Systems B.V.
    12.5    HNI Corporation, HNI (NYSE)
    12.6    Kimball International Inc., KBAL (NASDAQ)
    12.7    Herman Miller, Inc.
13    Industry Events and Developments

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