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Global Furniture Market: By Type: Metal, Wood, Plastic, Glass, Others; By End Use: Residential, Commercial; By Distribution Channel: Offline, Online; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Porter’s Five Forces Analysis; Value Chain Analysis; Competitive Landscape & Supplier Analysis; Events and Developments; Feedstock Analysis; Trade Data Analysis; Manufacturing Process; Cost Analysis and Project Economics

Global Furniture Market Key Insights:.

 

  • Market Overview
  • Market Opportunities
  • Regional Market Analysis
  • Historical Market Size 2015-2019
  • Competitive Landscape
  • SWOT Analysis
  • Market Forecast 2020-2025
  • Events and Developments
  • Market Indicators

 

Market Outlook

The global furniture market is expected to grow at a CAGR of about 5.2% in the forecast period of 2020-2025, 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.

Furniture Market Report and Forecast 2020-2025

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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.

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.

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 (2015-2019)?
  • What is the forecast assessment of the furniture market for 2020-2025?
  • What are the major drivers of the historical (2015-2019) and forecast (2020-2025) periods?
  • What are the major constraints of the historical (2015-2019) and forecast (2020-2025) 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?

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 (2015-2019) & Forecast (2020-2025)
    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 (2015-2019) & Forecast (2020-2025)
        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 (2015-2019) & Forecast (2020-2025)
        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 (2015-2019) & Forecast (2020-2025)
        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 (2015-2019) & Forecast (2020-2025)
        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    Events and Developments

Additional Customization Available:

14    Feedstock Analysis
15    Procurement Strategy

    15.1    Value Chain Analysis
    15.2    Contract Terms
    15.3    Buying and Sourcing Trends
    15.4    Storage and Warehousing
    15.5    Certifications and Regulations
    15.6    Risk Factors
16    Trade Data Analysis
    16.1    Major Exporting Countries: By Value and Volume
    16.2    Major Importing Countries: By Value and Volume
17    Manufacturing Process
    17.1    Detailed Process Flow
    17.2    Operations Involved
    17.3    Mass Balance
18    Cost Analysis and Project Economics
    18.1    Land, Location and Site Development
    18.2    Construction
    18.3    Plant Machinery
    18.4    Cost of Raw Material
    18.5    Packaging
    18.6    Transportation
    18.7    Utilities
    18.8    Manpower
    18.9    Other Capital Investment
19    Production Cost Analysis

Introduction

EMR is one of the foremost business intelligence and market research companies with a database of syndicated and customised reports spanning more than 100 industries across global and regional markets. We leverage the knowledge of our highly skilled team of over 100 analysts and more than 3000 independent consultants to provide our clients with thoroughly researched and reliable data tailored to their requirements. We help our clients, who range from Fortune 1000 companies to medium and niche enterprises, make informed strategic decisions through our varied tools and methodology.

Our meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. We understand the distinct nature and requirements for each industry and thus, modify our methodology to best fit the industry in question. Our research methodology uses a combination of cutting-edge analytical tools and the expertise of our highly accomplished team, thus, providing our customers with industry insights that are accurate, actionable, and help them remain ahead of their competition. EMR’ s fine-tuned research methodology and data analysis, formulated through years of cross-industry experience of our team, ensure that our clients are provided with:

  • Value-added and infallible market intelligence.
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Assessment Approach

Our approach gives our clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources.

Price Assessment

We assess the historical, prevailing, and expected prices of commodities and raw materials by analysing our assiduously collected data from verified primary and secondary sources. Our assessments reflect the market values of related commodities within a region to help our consumers understand the interdependencies and formulate profitable industry strategies. Our price assessments cover both the average global prices along with the prevailing regional prices.

Market Assessment

Our market assessments determine the global and regional production and consumption of the product, according to their value and volume. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions. We also take into account the demographic, economic, cultural, and political factors that might influence the industry.

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We gather market intelligence through our extensive database of reliable secondary sources and our exhaustive interviews with multiple industry stakeholders. The information gathered through our primary and secondary sources help us verify and extrapolate data relating to prices, trade, and industry fluctuations along with the latest developments in the industry.

Primary Research

As a part of our primary research, we interact with highly placed industrial professionals possessing an expansive and meticulous insight into the industry. We conduct our interviews via mails, telephonic conversations, and one-on-one meetings. Thus, our exhaustive interviews with both buyers and consumers help us provide our clients with verified intelligence regarding the market size, share, drivers, prices, and forecast along with a detailed assessment of your supply chain.

Secondary Research

EMR has access to extensive internal and subscribed databases, which apprise us of the historical and prevailing industry conditions and help us forecast the market for the coming few years. Our secondary research involves a wide array of sources ranging from the annual and financial reports of the key players in the industry to governmental and regulatory databases. We refer to various scientific and industry publications and whitepapers to form a comprehensive understanding of the product and the supply chain. Our wide-ranging research also refers to relevant articles and press releases to provide our customers with an up-to-date understanding of the contemporary market. We derive extensive raw data from our secondary research, which then go through a thorough verification and validation process, to help us formulate an exhaustive understanding of the industry, the supply chain, the competitive landscape, and the product.

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Our extensive and intricate data models, formulated through our propriety technological and analytical resources, help you easily comprehend the expansive industry data and aid you in framing vital business and industry strategies. Our tools provide you with a cohesive understanding of the industry outlook, taking into account the qualitative and quantitative market variables. Our analytical tools and models are regularly updated according to the changes in the continually evolving market scenarios as well as being adapted to best meet our client’s specific needs. Our research methods involve a blend of the best technological tools used in the industry along with the expertise of our analysts and consultants who can spot and assess the implications of the subtle factors influencing the more complex markets.

Data Prioritisation

Our market assessments take into consideration only those data that are confirmed and are derived from credible and transparent sources. Thus, our clients are presented with accurate and infallible data which can be incorporated into their business strategies.

Data Validation

Before our data is presented to the clients, they undergo an intensive cross-verification and validation process. We corroborate the data gathered through our primary and secondary research by the review and validation of the initial sources along with the verification of the data from other thoroughly vetted sources.
Exigent Data Assessment

Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the industry across regions. By constantly updating our databases and reports to reflect the changes taking place in the industry, our market and price assessments accurately reflect the prevailing industry conditions.

Thus, our rigorous data collection, thorough statistical analysis, and specialist assessments ensure that our clientele has a greater understanding of the industry space, supply chain, price fluctuations, competitive landscape, and other vital factors, helping them emerge as the undisputed industry leaders in their respective fields.

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