Global Furniture Market Projected to grow at a CAGR of 7.0% over the Forecast Period 2016-2024

Posted on 2018-08-29 by Goldstein Research in Consumer Services, Industrial // 0 Comments

New York, USA, 2018-Aug-29 — /EPR Network/ —According to Goldstein Research, global furniture market is largely witnessed to be driven by rising urbanization and simultaneously rising personal disposable income of people. Global furniture market is expected to reach USD 550.0 billion by 2024 from USD 400 billion in 2016, growing at a CAGR of 4.2% over the forecast period 2016-2024. Global furniture market breakdown includes material types such as wood, plastic, metal, leather and glass.

The fast development in real estate business coupled with rapid urbanization across the world has significantly bolstered the growth of the furniture market. The furniture market has expanded to the manufacturing of home interiors and furnishing that exhibit class and high-quality. Global furniture market is dominated by the Asia Pacific with a 1/3^rd share of global furniture market in 2016. China and India are the largest producers of furniture in the APAC region which is expected to witness significant growth in production owing to rising domestic demand for furniture.

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Market Segmentation

Global Furniture Market can be segmented as follows:

On the basis of Product Type

Seating Furniture Market Analysis, 2016-2024
Sleeping Furniture Market Analysis, 2016-2024
Tables Furniture Market Analysis, 2016-2024
Storage Furniture Market Analysis, 2016-2024

On the basis of Material Type

Wood Based Furniture Market Analysis, 2016-2024
Plastic Based Furniture Market Analysis, 2016-2024
Metal-Based Furniture Market Analysis, 2016-2024
Leather Based Furniture Market Analysis, 2016-2024
Glass Based Furniture Market Analysis, 2016-2024

On the basis of End-Users

Residential
Commercial

On the basis of Distribution Channel

Online Distribution Channels
Offline Distribution Channels (wholesaler, retailers, Agents etc )

By Region

North America Furniture Market Analysis, 2016-2024
Europe Furniture Market Analysis, 2016-2024
The Middle East And Africa Furniture Market Analysis, 2016-2024
Latin America Furniture Market Analysis, 2016-2024
Asia Pacific Furniture Market Analysis, 2016-2024
Rest Of The World Furniture Market Analysis, 2016-2024

Browse Full Report: https://www.goldsteinresearch.com/report/global-furniture-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

“Global Furniture Market Outlook 2024” contains the detailed overview of the global furniture market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, material type, end users, distribution channel and geography.

The Global Furniture Market Report highlights the in-depth analysis of furniture market report that will help the clients to assess their business strategies as per the competitive environment in the market space. The competitive outlook of major global players discussed in the global furniture market report includes the business strategies, revenue distribution, financial analysis, product portfolio, R&D activities and investments.

Major players of the global furniture market discussed in the report are IKEA, Williams-Sonoma, Ashley Furniture, Steel Case, Okamura, 9 to 5 Seating, Godrej Interio, Rooms To Go, TJX, Herman Miller, HNI, Clarin, Creative Wood, Kimball International, etc.

Further, the Global Furniture Market Report encompasses the major trends & opportunities, market dynamics and other growth factors of the market. The Furniture Market Share also comprises key challenges, risk analysis, BPS analysis, SWOT Analysis and Market Attractiveness. The market analysis report also highlights the expert analysis to provide the complete overview of the market including the PESTLE analysis of each region and country.

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