Furniture Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-157 | Report Format : | Status : Upcoming |

Abstract

The English word “furniture” is derived from a French word “fourniture”, which means to supply or provide.Furniture is a product of design and is also considered as a form of decorative art.The term refers to movable objects that are deliberately used to support different human activities such as seating (for example, chairs, stools, tables, and sofas) and sleeping (for example, beds). It is also used to hold objects at an appropriate height for work, for example, as in horizontal surfaces above the ground, such as tables and desks or to store things,for example, cupboards and shelves. Besides its functional role, furniture can serve a symbolic or religious purpose.

On the basis of material used, the global furniture market is segmented as wood, metal, leather, plastic, and glass. The wood segment is further sub-segmented hardwood and softwood, and others. The others segment can be further categorized as teak, mahogany, redwood, fir, cedar, and brich. Hardwood is used for the manufacture of high-quality luxury furniture, whereas softwood is used for the manufacture of good medium-density furniture. Of all the segments, wood segment has witnessed the highest demand around the world owing to its beautiful natural look, resilience and durability, easy-to-use and maintain features. Apart from wooden furniture, molten metal are in fashion these days. In addition, glass is also used for the manufacture of furniture where design is the main focus. Powder coated, chromed, and anodized furniture also play important role in the growth of the market besides being much expensive.

Rising demand from the housing sector is one of the factors positively impacting the global furniture market. The astonishing antique wooden furniture is appreciated around the world. In addition, varied rich and unique designs in the furniture have boosted their demand in the furniture market. Increasing number of office-based sectors including software, hospitals, and schools is rising the demand of the furniture sector. All these factors are attributed to the growth of the global market. Moreover, manufactures providing a wide variety of well-designed, versatile, fashionable, compact, vogue, and customized furniture for every use is boosting the demand of the furniture sector. People opting for furniture serving requirements such as customization have also increased the demand in the global market. Other factors positively impacting the growth of the global market include increased advertising, ample direct sales opportunities, and strong relationships with distributors.

North America dominates the global furniture market owing to the major advancements in the furniture sector. In addition, the rising consumer disposable income also boosts the demand of the furniture in the region. Europe proves to be the next competitor in the global furniture market following North America. Owing to the changing life styles, China has emerged as the largest and the fastest growing furniture market in Asia Pacific.

Major players of the furniture market include HNI, Steelcase, Herman Miller, Kokuyo, and Okamura. Other key players who dominate the market are Creative wood, Kinnarps, Global Upholstery, Wipro Furniture, AFC Systems, and Godrej & Boyce.

Furniture Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Europe Air Curtain Market (Re-Circulating Air Curtains and Non Re-Circulating) For Commercial, Industrial And Others: Europe Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022

Apr-2017 | Price : $ 4199.00 | Pages: 91 | Report Code: ZMR-1489 | Report Format:

The report covers forecast and analysis for the Europe air curtain market on a country level. The study provides historic data of 2014 along with a forecast from 2017 to 2022 based on revenue (USD Million). The study includes drivers and restraints for the air curtain market along with the impact ...Read More

Car Accessories Market by Products (Working lights, Torches, Appearance accessories, Warning lights, Driving lights, Interior lights, E-sets, Interior accessories, Lifestyle gadget, Instruments and gauges, Safety, Light module tuning, Performance/stylish/luminaire tuning, Vision products, Appearance chemicals, Gas & oil additives, Solar powered HVAC systems, Retrofit air conditioner sets, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022

Apr-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-1476 | Report Format:

The report covers forecast and analysis for the car accessories market on a global and regional level. The study provides historic data of 2014, 2015 and 2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints of the car accessories ma...Read More

Optical Brighteners Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1471 | Report Format:

Global Optical Brighteners Market: Overview Optical brighteners are also known as fluorescent whitening agents or optical brightening agents. They are chemical compounds which absorb light in the ultraviolet region of the electromagnetic spectrum; with the help of fluorescence, they re-emit ligh...Read More

Rubber Molding Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1466 | Report Format:

Global Rubber Molding Market: Overview Rubber molding is the process of shaping rubber into functional products in the automotive industry. Rubber molding products are enclosed in a mold cavity and are then changed into the desired shape. Rubber molded components are used in some major areas whi...Read More

Fragrance Ingredients Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-1451 | Report Format:

Global Fragrance Ingredients Market: Overview Fragrance ingredients consist of synthetic and natural substances which when added to the products give them desired smell. They are actively used in products such as detergents, cosmetics, soaps, toiletries, and others. Fragrance ingredients are a c...Read More

Choose License Type:
Latest Published Reports

View All Published Reports