Furniture Market Size and Forecast 2028


New Jersey, United States, – Verified Market Research recently published a new study on the Furniture market with statistical data represented in tables, pie charts, graphs and numbers to help better understand the market. The report presents the current development scenario and emerging market trends. The research report provides a comprehensive assessment of the market and provides forward-looking perspectives regarding market trends, growth factors, facts, and industry validated market data. The research study provides an accurate forecast estimate of the furniture market up to 2028. The report also covers a comprehensive analysis of the competitive landscape with a detailed profile of the major competitors.

The report covers the analysis of the impact of the COVID-19 pandemic on the global market. The pandemic has dynamically altered the economic landscape and drastically changed the trends and demands for products and services in the market. The report also covers the current and future impact of the pandemic and provides an overview of the post-COVID-19 scenario.

The furniture market is expected to grow at a CAGR of 4.5% from 2020 to 2027.

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The report covers an in-depth analysis of the major market players in the market, along with their business overview, expansion plans, and strategies. The major players studied in the report include:

The Herman Miller Ashley Furniture Industries Haworth HNI Corporation Godrej & Boyce Manufacturing Co, Global Furniture Group, Heritage Home Group LLC, La-Z-Boy Inc., IKEA Group, Humanscale Corporation.

Competitive analysis focuses on the key players and the innovations and business strategies they implement. The report captures the best long-term growth opportunities for the industry and includes the latest process and product developments. The report includes basic information of the companies along with their market position, history, market capitalization, and revenue. The report covers the revenue, market growth rate and gross profit margin of each player based on regional classification and overall market position. The report provides a separate analysis of recent business strategies such as mergers, acquisitions, product launches, joint ventures, partnerships and collaborations.

Segmentation of the furniture market

Furniture market by material

• Metal
• plastic
• Drink
• Cane and Bamboo
• A glass
• Others

Furniture market by type

• Hardwood
• Softwood

Furniture Market by Application

• RTA
• Residential
o Kitchen and dining room
o Living room
o Room
o Exterior
o Others
• Commercial
• Desks
• Hotels
• Others

Furniture market by distribution channel

• Supermarkets and hypermarkets
• Convenience stores
• Specialty stores
• E-commerce
• Others

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Scope of the Furniture Market Report

ATTRIBUTE DETAILS
ESTIMATED YEAR 2021
YEAR OF REFERENCE 2020
PLANNED YEAR 2028
HISTORICAL YEAR 2019
UNITY Value (million USD / billion)
COVERED SEGMENTS Types, applications, end users, etc.
COVER OF THE REPORT Revenue forecast, company ranking, competitive landscape, growth factors and trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free customization of the report (equivalent to 4 working days for analysts) with purchase. Add or change the scope of country, region and segment.

Geographic segment covered in the report:

The Furniture report provides information about the market area, which is further subdivided into sub-regions and countries / regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region during the estimated period.

• North America (United States and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and the rest of Latin America)
• Middle East and Africa (GCC and rest of Middle East and Africa)

Key questions answered in the report:

• What is the growth potential of the Furniture market?
• Which product segment will take the lion’s share?
• Which regional market will emerge as a pioneer in the years to come?
• Which application segment will experience strong growth?
• What growth opportunities could arise in the furniture industry in the years to come?
• What are the most significant challenges facing the Furniture market in the future?
• Who are the leading companies in the furniture market?
• What are the main trends that positively impact the growth of the market?
• What growth strategies are players considering to stay in the Furniture market?

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