Furniture Market Size, Share, Industry Growth Report 2030

 

The global furniture market size was valued at US$ 551.6 billion in 2023 and is expected to reach a value of US$ 827.5 million by 2030, growing at a CAGR of 5.2% from 2024 to 2030. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the Furniture Market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.  

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The global Furniture Market segmentation:
1) By Type: Ready-to-Assemble (RTA), Non-RTA
2) By Material: Metal, Wood, Plastic, Glass
3) By Application: Residential (Upholstered furniture, Non-upholstered furniture, Bedroom, Kitchen Cabinet, Dining Room, Blinds & Shades, Mattresses) ( Commercial (Business/Office, Educational, Healthcare, Hospitality
4) By Distribution Channel: Home Centers, Flagships Stores, Specialty Stores, Online.

The primary factors of the Furniture Market drivers are construction industry's growth, are expected to drive significant demand for furniture solutions. The Furniture Market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.

The Furniture Market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America was the largest region in the Furniture Market report, accounting for the highest share in 2022. It was followed by Asia Pacific, and then the other regions.

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The important profiles and strategies adopted by the Furniture Market key players are Bassett Furniture Industries (Bassett), Durham Furniture, Haworth, Inc., Hni Corporation, Inter Ikea Systems Bv, Kimball International Inc., L. & J.G. Stickley, Inc., Masco Corporation, Okamura Corporation (Okamura), Steelcase Inc. TRENDLER, INC. is covered here to help them in strengthening their place in the market.

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