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Furniture Market 2016:Competitor,Share,Demand,Applications,Opportunities & Forecasts to 2020

Wednesday, November 16, 2016 5:47
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WiseGuyReports.Com Publish a New Market Research Report On –Furniture Market 2016:Competitor,Share,Demand,Applications,Opportunities & Forecasts to 2020”.


This industry research report presents a detailed segmentation of the global furniture market by product type (home furniture and office furniture) and by geography (Americas, APAC, Europe, and MEA). The leading vendors analyzed in this market research are Ashley, IKEA, and Steelcase.

Outlook of the global furniture market 
The market research analyst anticipates the global furniture market to grow moderately at a CAGR of around 4% until the end of 2020. The growing global trend of home improvement will impel the prospects for growth in this market. Furthermore, as a result of the growing number of small-size houses across the globe, the populace’s demand for furniture, which have facilities for extra storage, will also increase. This increase in the demand for furniture with additional storage facilities will foster the demand for multi-functional furniture during the forecast period.


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Segmentation by product type and analysis of the furniture market 
- Home furniture 
- Office furniture 
In this market study, analysts have estimated the office furniture segment to be the largest market segment during the forecast period. This segment currently dominates the global furniture market and is envisaged to retain its hold over the market until the end of 2020 owing to factors like the rising utilization of extra home spaces for an office. This growing utilization of extra home spaces will, in turn, augment the demand for home-office furniture during the forecast period.

Geographical segmentation of the furniture market 
- Americas 
- Europe 
- MEA 

Geographically, the APAC region is anticipated to lead the global furniture market and will account for more than one-third of the total market share by the end of 2015. Growth in the residential furniture segment, which is due to the rising demand from key countries such as India and China, will impel the prospects for market growth by the end of 2020.

Competitive landscape and key vendors 
The global furniture market is fragmented due to the presence of multiple vendors, which includes both international and regional players. These vendors compete on the basis of product portfolio and pricing to gain maximum market traction during the forecast period. The high level of vendor competition in this market will result in an increased number of mergers and acquisitions, wherein smaller entities will be acquired by, or merged with, larger players.

Leading vendors in the market are -

Other prominent vendors in the market include 9to5 Seating, AFC Systems, Berco Furniture Solution, Clarin, Creative Wood, HNI, Herman Miller, Global Upholstery, Godrej & Boyce, KI, Kimball International, Kinnarps, Knoll, Kokuyo, and Okamura.


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Key questions answered in the report include 
- What will the market size and the growth rate be in 2020? 
- What are the key factors driving the global furniture market? 
- What are the key market trends impacting the growth of the global furniture market? 
- What are the challenges to market growth? 
- Who are the key vendors in this market space? 
- What are the market opportunities and threats faced by the vendors in the global furniture market? 
- Trending factors influencing the market shares of Americas, APAC, Europe, and MEA. 
- What are the key outcomes of the five forces analysis of the global furniture market?


Table Of Contents – Major Key Points

PART 01: Executive summary


PART 02: Scope of the report

Market overview 
Top-vendor offerings 

PART 03: Market research methodology

Research methodology 
Economic indicators 

PART 04: Introduction

Key market highlights 

PART 05: Market landscape

Market overview 
Market size and forecast 

PART 06: Value chain model

Value chain model (production of furniture) 

PART 07: Diamond model of furniture industry

Diamond model of furniture industry 
Five forces analysis 

PART 08: Market segmentation by product

Market overview 
Global home furniture market (living room furniture market, bedroom furniture market, home-office furniture market, others) 
Global office furniture market (office furniture seating market, office furniture systems market, office furniture tables market, office furniture storage units and files market, office furniture overhead bins market) 


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Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.

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