Furniture Market Latest News and Updates | How big is the Furniture Industry?

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.

Furniture

Who is the largest manufacturer of Furniture worldwide?

Some of the key players operating in the Furniture Market include : 9to5 Seating, Haworth, Ashley Furniture, KI, Williams-SonomaBed Bath & Beyond, Kottermann, Waldner, Amazon, ATG Stores, HNI Corporation, Labtec, IKEA, Steelcase, Herman Miller, Kewaunee Scientific Corp

How big is the Furniture market?

The Worldwide Furniture market size was valued at USD 669115.7 million in 2021 and is expected to expand at a Compound annual growth rate of 1.18% during the forecast period, Reaching USD 717998.43 million by 2027.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 126 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

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 in Chapters, we elaborate at full length on the impact of the pandemic and the war on the Furniture Industry

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Furniture Industry.

What are the major opportunities in the Furniture market?

Increased use of Furniture in [Home Furniture, Office Furniture, School Furniture, Laboratory Furniture, Others] industries is an opportunity for the Furniture market in North America..

The Furniture segments and sub-section of the market are illuminated below:

Based on Product Types the Market is categorized into [Wood Furniture, Metal Furniture, Plastic Furniture, Others] that held the largest Furniture market share In 2022.

Get a Sample Copy of the Furniture Market Report 2023

Furniture Market – Competitive and Segmentation Analysis:

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.

Short Description About Furniture Market:

The Global Furniture market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2029. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Furniture market covering all its essential aspects.

For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.

In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.

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.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2017-2029) of the following regions are covered in Chapters:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Also Read : Growth of Luxury furniture Market from 2023-2028

This Furniture Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Furniture market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Furniture? What are the upcoming industry applications and trends for Furniture market?
  • What Are Projections of Global Furniture Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Furniture? What are the raw materials used for Furniture manufacturing?
  • How big is the opportunity for the Furniture market? How will the increasing adoption of Furniture for mining impact the growth rate of the overall market?
  • How much is the global Furniture market worth? What was the value of the market In 2020?
  • Who are the major players operating in the Furniture market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Furniture Industry?

Customization of the Report

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.

Detailed TOC of Global Furniture Market Insights and Forecast to 2029

Table of Content

1 Furniture Market Overview
1.1 Product Overview and Scope of Furniture Market
1.2 Furniture Market Segment by Type
1.2.1 Global Furniture Market Sales Volume and CAGR (%) Comparison by Type (2017-2027)
1.3 Global Furniture Market Segment by Application
1.3.1 Furniture Market Consumption (Sales Volume) Comparison by Application (2017-2027)
1.4 Global Furniture Market, Region Wise (2017-2027)
1.4.1 Global Furniture Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2027)
1.4.2 United States Furniture Market Status and Prospect (2017-2027)
1.4.3 Europe Furniture Market Status and Prospect (2017-2027)
1.4.4 China Furniture Market Status and Prospect (2017-2027)
1.4.5 Japan Furniture Market Status and Prospect (2017-2027)
1.4.6 India Furniture Market Status and Prospect (2017-2027)
1.4.7 Southeast Asia Furniture Market Status and Prospect (2017-2027)
1.4.8 Latin America Furniture Market Status and Prospect (2017-2027)
1.4.9 Middle East and Africa Furniture Market Status and Prospect (2017-2027)
1.5 Global Market Size of Furniture (2017-2027)
1.5.1 Global Furniture Market Revenue Status and Outlook (2017-2027)
1.5.2 Global Furniture Market Sales Volume Status and Outlook (2017-2027)
1.6 Global Macroeconomic Analysis
1.7 The impact of the Russia-Ukraine war on the Furniture Market

2 Industry Outlook
2.1 Furniture Industry Technology Status and Trends
2.2 Industry Entry Barriers
2.2.1 Analysis of Financial Barriers
2.2.2 Analysis of Technical Barriers
2.2.3 Analysis of Talent Barriers
2.2.4 Analysis of Brand Barrier
2.3 Furniture Market Drivers Analysis
2.4 Furniture Market Challenges Analysis
2.5 Emerging Market Trends
2.6 Consumer Preference Analysis
2.7 Furniture Industry Development Trends under COVID-19 Outbreak
2.7.1 Global COVID-19 Status Overview
2.7.2 Influence of COVID-19 Outbreak on Furniture Industry Development

3 Global Furniture Market Landscape by Player
3.1 Global Furniture Sales Volume and Share by Player (2017-2022)
3.2 Global Furniture Revenue and Market Share by Player (2017-2022)
3.3 Global Furniture Average Price by Player (2017-2022)
3.4 Global Furniture Gross Margin by Player (2017-2022)
3.5 Furniture Market Competitive Situation and Trends
3.5.1 Furniture Market Concentration Rate
3.5.2 Furniture Market Share of Top 3 and Top 6 Players
3.5.3 Mergers & Acquisitions, Expansion

4 Global Furniture Sales Volume and Revenue Region Wise (2017-2022)
4.1 Global Furniture Sales Volume and Market Share, Region Wise (2017-2022)
4.2 Global Furniture Revenue and Market Share, Region Wise (2017-2022)
4.3 Global Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4 United States Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4.1 United States Furniture Market Under COVID-19
4.5 Europe Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.5.1 Europe Furniture Market Under COVID-19
4.6 China Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.6.1 China Furniture Market Under COVID-19
4.7 Japan Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.7.1 Japan Furniture Market Under COVID-19
4.8 India Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.8.1 India Furniture Market Under COVID-19
4.9 Southeast Asia Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.9.1 Southeast Asia Furniture Market Under COVID-19
4.10 Latin America Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.10.1 Latin America Furniture Market Under COVID-19
4.11 Middle East and Africa Furniture Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.11.1 Middle East and Africa Furniture Market Under COVID-19

5 Global Furniture Sales Volume, Revenue, Price Trend by Type
5.1 Global Furniture Sales Volume and Market Share by Type (2017-2022)
5.2 Global Furniture Revenue and Market Share by Type (2017-2022)
5.3 Global Furniture Price by Type (2017-2022)
5.4 Global Furniture Sales Volume, Revenue and Growth Rate by Type (2017-2022)
5.4.1 Global Furniture Sales Volume, Revenue and Growth Rate of Wood Furniture (2017-2022)
5.4.2 Global Furniture Sales Volume, Revenue and Growth Rate of Metal Furniture (2017-2022)
5.4.3 Global Furniture Sales Volume, Revenue and Growth Rate of Plastic Furniture (2017-2022)
5.4.4 Global Furniture Sales Volume, Revenue and Growth Rate of Others (2017-2022)

6 Global Furniture Market Analysis by Application
6.1 Global Furniture Consumption and Market Share by Application (2017-2022)
6.2 Global Furniture Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Furniture Consumption and Growth Rate by Application (2017-2022)
6.3.1 Global Furniture Consumption and Growth Rate of Home Furniture (2017-2022)
6.3.2 Global Furniture Consumption and Growth Rate of Office Furniture (2017-2022)
6.3.3 Global Furniture Consumption and Growth Rate of School Furniture (2017-2022)
6.3.4 Global Furniture Consumption and Growth Rate of Laboratory Furniture (2017-2022)
6.3.5 Global Furniture Consumption and Growth Rate of Others (2017-2022)

7 Global Furniture Market Forecast (2022-2027)
7.1 Global Furniture Sales Volume, Revenue Forecast (2022-2027)
7.1.1 Global Furniture Sales Volume and Growth Rate Forecast (2022-2027)
7.1.2 Global Furniture Revenue and Growth Rate Forecast (2022-2027)
7.1.3 Global Furniture Price and Trend Forecast (2022-2027)
7.2 Global Furniture Sales Volume and Revenue Forecast, Region Wise (2022-2027)
7.2.1 United States Furniture Sales Volume and Revenue Forecast (2022-2027)
7.2.2 Europe Furniture Sales Volume and Revenue Forecast (2022-2027)
7.2.3 China Furniture Sales Volume and Revenue Forecast (2022-2027)
7.2.4 Japan Furniture Sales Volume and Revenue Forecast (2022-2027)
7.2.5 India Furniture Sales Volume and Revenue Forecast (2022-2027)
7.2.6 Southeast Asia Furniture Sales Volume and Revenue Forecast (2022-2027)
7.2.7 Latin America Furniture Sales Volume and Revenue Forecast (2022-2027)
7.2.8 Middle East and Africa Furniture Sales Volume and Revenue Forecast (2022-2027)
7.3 Global Furniture Sales Volume, Revenue and Price Forecast by Type (2022-2027)
7.3.1 Global Furniture Revenue and Growth Rate of Wood Furniture (2022-2027)
7.3.2 Global Furniture Revenue and Growth Rate of Metal Furniture (2022-2027)
7.3.3 Global Furniture Revenue and Growth Rate of Plastic Furniture (2022-2027)
7.3.4 Global Furniture Revenue and Growth Rate of Others (2022-2027)
7.4 Global Furniture Consumption Forecast by Application (2022-2027)
7.4.1 Global Furniture Consumption Value and Growth Rate of Home Furniture(2022-2027)
7.4.2 Global Furniture Consumption Value and Growth Rate of Office Furniture(2022-2027)
7.4.3 Global Furniture Consumption Value and Growth Rate of School Furniture(2022-2027)
7.4.4 Global Furniture Consumption Value and Growth Rate of Laboratory Furniture(2022-2027)
7.4.5 Global Furniture Consumption Value and Growth Rate of Others(2022-2027)
7.5 Furniture Market Forecast Under COVID-19

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8 Furniture Market Upstream and Downstream Analysis
8.1 Furniture Industrial Chain Analysis
8.2 Key Raw Materials Suppliers and Price Analysis
8.3 Manufacturing Cost Structure Analysis
8.3.1 Labor Cost Analysis
8.3.2 Energy Costs Analysis
8.3.3 R&D Costs Analysis
8.4 Alternative Product Analysis
8.5 Major Distributors of Furniture Analysis
8.6 Major Downstream Buyers of Furniture Analysis
8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Furniture Industry

9 Players Profiles
9.1 9to5 Seating
9.1.1 9to5 Seating Basic Information, Manufacturing Base, Sales Region and Competitors
9.1.2 Furniture Product Profiles, Application and Specification
9.1.3 9to5 Seating Market Performance (2017-2022)
9.1.4 Recent Development
9.1.5 SWOT Analysis
9.2 Haworth
9.2.1 Haworth Basic Information, Manufacturing Base, Sales Region and Competitors
9.2.2 Furniture Product Profiles, Application and Specification
9.2.3 Haworth Market Performance (2017-2022)
9.2.4 Recent Development
9.2.5 SWOT Analysis
9.3 Ashley Furniture
9.3.1 Ashley Furniture Basic Information, Manufacturing Base, Sales Region and Competitors
9.3.2 Furniture Product Profiles, Application and Specification
9.3.3 Ashley Furniture Market Performance (2017-2022)
9.3.4 Recent Development
9.3.5 SWOT Analysis
9.4 KI
9.4.1 KI Basic Information, Manufacturing Base, Sales Region and Competitors
9.4.2 Furniture Product Profiles, Application and Specification
9.4.3 KI Market Performance (2017-2022)
9.4.4 Recent Development
9.4.5 SWOT Analysis
9.5 Williams-SonomaBed Bath & Beyond
9.5.1 Williams-SonomaBed Bath & Beyond Basic Information, Manufacturing Base, Sales Region and Competitors
9.5.2 Furniture Product Profiles, Application and Specification
9.5.3 Williams-SonomaBed Bath & Beyond Market Performance (2017-2022)
9.5.4 Recent Development
9.5.5 SWOT Analysis
9.6 Kottermann
9.6.1 Kottermann Basic Information, Manufacturing Base, Sales Region and Competitors
9.6.2 Furniture Product Profiles, Application and Specification
9.6.3 Kottermann Market Performance (2017-2022)
9.6.4 Recent Development
9.6.5 SWOT Analysis
9.7 Waldner
9.7.1 Waldner Basic Information, Manufacturing Base, Sales Region and Competitors
9.7.2 Furniture Product Profiles, Application and Specification
9.7.3 Waldner Market Performance (2017-2022)
9.7.4 Recent Development
9.7.5 SWOT Analysis
9.8 Amazon
9.8.1 Amazon Basic Information, Manufacturing Base, Sales Region and Competitors
9.8.2 Furniture Product Profiles, Application and Specification
9.8.3 Amazon Market Performance (2017-2022)
9.8.4 Recent Development
9.8.5 SWOT Analysis
9.9 ATG Stores
9.9.1 ATG Stores Basic Information, Manufacturing Base, Sales Region and Competitors
9.9.2 Furniture Product Profiles, Application and Specification
9.9.3 ATG Stores Market Performance (2017-2022)
9.9.4 Recent Development
9.9.5 SWOT Analysis
9.10 HNI Corporation
9.10.1 HNI Corporation Basic Information, Manufacturing Base, Sales Region and Competitors
9.10.2 Furniture Product Profiles, Application and Specification
9.10.3 HNI Corporation Market Performance (2017-2022)
9.10.4 Recent Development
9.10.5 SWOT Analysis
9.11 Labtec
9.11.1 Labtec Basic Information, Manufacturing Base, Sales Region and Competitors
9.11.2 Furniture Product Profiles, Application and Specification
9.11.3 Labtec Market Performance (2017-2022)
9.11.4 Recent Development
9.11.5 SWOT Analysis
9.12 IKEA
9.12.1 IKEA Basic Information, Manufacturing Base, Sales Region and Competitors
9.12.2 Furniture Product Profiles, Application and Specification
9.12.3 IKEA Market Performance (2017-2022)
9.12.4 Recent Development
9.12.5 SWOT Analysis
9.13 Steelcase
9.13.1 Steelcase Basic Information, Manufacturing Base, Sales Region and Competitors
9.13.2 Furniture Product Profiles, Application and Specification
9.13.3 Steelcase Market Performance (2017-2022)
9.13.4 Recent Development
9.13.5 SWOT Analysis
9.14 Herman Miller
9.14.1 Herman Miller Basic Information, Manufacturing Base, Sales Region and Competitors
9.14.2 Furniture Product Profiles, Application and Specification
9.14.3 Herman Miller Market Performance (2017-2022)
9.14.4 Recent Development
9.14.5 SWOT Analysis
9.15 Kewaunee Scientific Corp
9.15.1 Kewaunee Scientific Corp Basic Information, Manufacturing Base, Sales Region and Competitors
9.15.2 Furniture Product Profiles, Application and Specification
9.15.3 Kewaunee Scientific Corp Market Performance (2017-2022)
9.15.4 Recent Development
9.15.5 SWOT Analysis

10 Research Findings and Conclusion

11 Appendix
11.1 Methodology
11.2 Research Data Source

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