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Global Furniture Market (2022 to 2027) - Increasing Demand for Eco-Friendly Raw Materials Presents Opportunities

·6-min read
Company Logo
Company Logo

Global Furniture Market

Global Furniture Market
Global Furniture Market

Dublin, June 15, 2022 (GLOBE NEWSWIRE) -- The "Global Furniture Market (2022-2027) by Type, Distribution, Geography, Competitive Analysis, and the Impact of Covid-19with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Furniture Market is estimated to be USD 420 Bn in 2022 and is projected to reach USD 505.13 Bn by 2027, growing at a CAGR of 3.76%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Furniture Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Anton Doll Holzmanufaktur, BoConcept, Burrow, Cisco Home, Durham Furniture, EcoBalanza, Furniture Village, Hand & Stone Franchise, Haworth, Heritage Home Group, Herman Miller, HNI, IKEA Systems, JUMBO GROUP, Kimball International, KOKUYO, L & JG STICKLEY, Masco, Okamura, Poliform, Roche Bobois, Sahara furniture, Simply Amish, Steelcase, Vermont Woods Studios, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)

  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)

  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)

  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Furniture Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

  • The report analyses the Global Furniture Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

  • Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Furniture Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.

  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.

  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Government Investment in Infrastructure Development
4.1.2 Rise in Disposable Income has Raised Demand for Furniture in Developing Countries
4.1.3 Growing Inclination of Consumers Towards Modular Furniture
4.2 Restraints
4.2.1 Fluctuation in Raw Material Price
4.3 Opportunities
4.3.1 Increasing Demand for Eco-Friendly Raw Materials
4.3.2 Growing E Commerce Sector in Furniture
4.4 Challenges
4.4.1 Stringent Environmental Regulations Associated with Deforestation

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Furniture Market, By Type
6.1 Introduction
6.2 Home Furniture
6.2.1 Bedroom Furniture
6.2.2 Dining Room Furniture
6.2.3 Kitchen Furniture
6.2.4 Living Room Furniture
6.3 Hospital Furniture
6.4 Hospitality Furniture
6.5 Office Furniture

7 Global Furniture Market, By Distribution
7.1 Introduction
7.2 Offline Mode
7.3 Online Mode

8 Americas' Furniture Market
8.1 Introduction
8.2 Argentina
8.3 Brazil
8.4 Canada
8.5 Chile
8.6 Colombia
8.7 Mexico
8.8 Peru
8.9 United States
8.10 Rest of Americas

9 Europe's Furniture Market
9.1 Introduction
9.2 Austria
9.3 Belgium
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Netherlands
9.10 Norway
9.11 Poland
9.12 Russia
9.13 Spain
9.14 Sweden
9.15 Switzerland
9.16 United Kingdom
9.17 Rest of Europe

10 Middle East and Africa's Furniture Market
10.1 Introduction
10.2 Egypt
10.3 Israel
10.4 Qatar
10.5 Saudi Arabia
10.6 South Africa
10.7 United Arab Emirates
10.8 Rest of MEA

11 APAC's Furniture Market
11.1 Introduction
11.2 Australia
11.3 Bangladesh
11.4 China
11.5 India
11.6 Indonesia
11.7 Japan
11.8 Malaysia
11.9 Philippines
11.10 Singapore
11.11 South Korea
11.12 Sri Lanka
11.13 Thailand
11.14 Taiwan
11.15 Rest of Asia-Pacific

12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements

13 Company Profiles
13.1 Anton Doll Holzmanufaktur
13.2 BoConcept
13.3 Burrow
13.4 Cisco Home
13.5 Durham Furniture
13.6 EcoBalanza
13.7 Furniture Village
13.8 Hand & Stone Franchise
13.9 Haworth
13.10 Heritage Home Group
13.11 Herman Miller
13.12 HNI
13.13 IKEA Systems
13.14 JUMBO GROUP
13.15 Kimball International
13.16 KOKUYO
13.17 L & JG STICKLEY
13.18 Masco
13.19 Okamura
13.20 Poliform
13.21 Roche Bobois
13.22 Sahara furniture
13.23 Simply Amish
13.24 Steelcase
13.25 Vermont Woods Studios

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/6g2x2f

Attachment

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