According to Goldstein Research, furniture market is driven by growing urbanization and simultaneously rising personal disposable income of people. Global furniture market breakdown includes material types such as wood, plastic, metal, leather and glass. Furniture market is emerging along with the rise in personal and office space construction, mainly in urban areas. The furniture market has expanded to the manufacturing of home interiors and furnishing that show class and high-quality standards. Furniture industry is not limited to the use of wood; the other materials are also used like metal, leather, glass and plastic to add durability and elegance. Global furniture market is majorly growing in developing nations dependent on the expansion of real estate industry and significantly experiencing rise in demand for furniture.
Market Segmentation
On the basis of our in-depth analysis, Global Furniture Market can be segmented as follows:
• On the basis of Product Type
o Seating
o Sleeping
o Tables
o Storage
• On the basis of Material Type
o Wood
o Plastic
o Metal
o Leather
o Glass
• On the basis of End-Users
o Residential
o Commercial
• On the basis of Distribution Channel
o Online Channels
o Offline Channels (wholesaler, retailers, Agents etc )
• On the basis of region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Furniture Market Outlook 2024” contains detailed overview of the global furniture market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by material type, by end-user and by distribution channel.
Further, for the in-depth analysis, Global Furniture Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as IKEA, Williams-Sonoma, Ashley Furniture, Steel Case, Okamura, 9 to 5 Seating, Godrej Interio, Rooms To Go, TJX, Herman Miller, HNI, Clarin, Creative Wood, Kimball International, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global furniture market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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