Furniture Market 2020-2024 | Increase in Residential and Commercial Construction to Boost Growth | Technavio

Technavio has been monitoring the furniture market and it is poised to grow by USD 137.3 bn during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request the latest free sample report of 2020-2024

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increase in residential and commercial construction has been instrumental in driving the growth of the market.

Furniture Market 2020-2024: Segmentation

Furniture Market is segmented as below:

Product

• Home Furniture
• Office Furniture
• Other Commercial Furniture

Geographic Segmentation

• APAC
• Europe
• MEA
• North America
• South America

To learn more about the global trends impacting the future of market research, download the latest free sample of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR31591

Furniture Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our furniture market report covers the following areas:

• Furniture Market Size
• Furniture Market Trends
• Furniture Market Industry Analysis

This study identifies increasing number of strategic alliances and partnerships as one of the prime reasons driving the furniture market growth during the next few years.

Furniture Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the furniture market, including some of the vendors such as Ashley Furniture Industries Inc., Herman Miller Inc., HNI Corp., Steelcase Inc. and Williams-Sonoma Inc. Backed with competitive intelligence and benchmarking, our research reports on the furniture market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Furniture Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist furniture market growth during the next five years
• Estimation of the furniture market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the furniture market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of furniture market vendors

Table of Content

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

• Market segmentation by product
• Comparison by product
• Home furniture - Market size and forecast 2019-2024
• Office furniture - Market size and forecast 2019-2024
• Other commercial furniture - Market size and forecast 2019-2024
• Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Increasing number of strategic alliances and partnerships
• Growing environmental concerns about deforestation
• Rising wages in manufacturing hubs

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Ashley Furniture Industries, Inc.
• Herman Miller, Inc.
• HNI Corp.
• Steelcase Inc.
• Williams-Sonoma Inc.

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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