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Furniture and Furnishing Market, Global Outlook and Forecast 2023-2029

Furniture and Furnishing Market, Global Outlook and Forecast 2023-2029

  • Published on : 29 March 2023
  • Pages :108
  • Report Code:SMR-7620607

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Report overview

The furniture and furnishing industry is a manufacturing sector in global with a long history. It includes the production of household, office and kitchen furniture, as well as mattresses, bedding and parts of furniture. A large variety of raw materials are used in production, including wood, rattan, plastic and metal. Wooden furniture is the industry?s leading category in terms of production and exports.
This report aims to provide a comprehensive presentation of the global market for Furniture and Furnishing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furniture and Furnishing. This report contains market size and forecasts of Furniture and Furnishing in global, including the following market information:
Global Furniture and Furnishing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Furniture and Furnishing market was valued at US$ 500380 million in 2022 and is projected to reach US$ 701180 million by 2029, at a CAGR of 4.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key furniture and furnishing players include IKEA, Ashley Furniture Industries and Tempur Sealy International etc. The top 3 companies hold a share about 8%. Asia-Pacific is the largest market with a share over 40%, followed by America and Europe.
In terms of product, home furniture is the largest segment with a share about 65%. And in terms of applications, the largest application is residental with a share about 75%.
We surveyed the Furniture and Furnishing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Furniture and Furnishing Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Furniture and Furnishing Market Segment Percentages, by Type, 2022 (%)
Home
Office
Hotel
Healthcare
Educational
Furnishing
Others
Global Furniture and Furnishing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Furniture and Furnishing Market Segment Percentages, by Application, 2022 (%)
Residential
Commercial
Global Furniture and Furnishing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Furniture and Furnishing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Furniture and Furnishing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Furniture and Furnishing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IKEA
Ashley Furniture Industries
Tempur Sealy International
Williams-Sonoma
Restoration Hardware
Steelcase
Herman Miller
Kuka Home
Oppein Home Group
Okamura
HNI Corporation
Sleep Number
Haworth
La-Z-Boy
Serta Simmons Bedding
KOKUYO
Sofia Furniture
Sleemon
Outline of Major Chapters:
Chapter 1: Introduces the definition of Furniture and Furnishing, market overview.
Chapter 2: Global Furniture and Furnishing market size in revenue.
Chapter 3: Detailed analysis of Furniture and Furnishing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Furniture and Furnishing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.