Breaking News

By 2028,the Global Furniture and Furnishing Market Size is Estimated to be USD 713.07 billion

The furniture and furnishing industry is a manufacturing sector in global with a long history. It includes the production of household, office and kitchen furniture, as well as mattresses, bedding and parts of furniture. A large variety of raw materials are used in production, including wood, rattan, plastic and metal. Wooden furniture is the industry’s leading category in terms of production and exports.
jia-ju-he-zhuang-shi.jpg (8 KB)

As the global economy mends, the 2021 growth of Furniture and Furnishing will have significant change from previous year. According to our latest study, the global Furniture and Furnishing market size is USD 486.30 billion in 2021 from USD 412.41 billion in 2020, with a change of 19.72% between 2020 and 2021. The global Furniture and Furnishing market size will reach USD 713.07 billion in 2028, growing at a CAGR of 5.16% over the analysis period.

The furniture and furnishing is classified into the home furniture, office furniture, hotel furniture, healthcare furniture, educational furniture, furnishing and others according to the product type. As of 2021, home furniture segment dominates the market contributing more than 64.57% of the total market share, reach to US$ 314.02 billion, followed by office furniture, which occupied 13.90%, while healthcare furniture is seeing a fast growing as a result of Covid-19 impact.

The furniture and furnishing market is very fragment; key players include IKEA, Ashley Furniture Industries, Tempur Sealy International, Williams-Sonoma, Restoration Hardware, Steelcase, Herman Miller, Kuka Home, Oppein Home Group, Okamura, HNI Corporation, Sleep Number, Haworth, La-Z-Boy, Serta Simmons Bedding, KOKUYO, Sofia Furniture, Sleemon and others; IKEA is the largest players, with revenue US$ 25132 million in 2021, holds 5.17% market share global.

 

What can we bring to our customers?

*Improve efficiency

Analysis of upstream and downstream market opportunities to help enterprises to seek a breakthrough in efficiency

 

* Market insight

Historical data and forecast data layout, grasp the market trends

 

*Grasp the policy

Policies lead the development of the industry and boost the market layout of enterprises

 

* Risk aversion

SWOT analysis of competitors, cost and profit analysis and potential industry turnover analysis

 

For More Information On This Report, Please Visit @

https://www.globalinforesearch.com/reports/717391/furniture-furnishing

 

About report customization:

The Global Information Research Department can customize the report according to your needs. The report can be personalized to meet your requirements. Please contact our sales team, they will ensure that you can get a report that suits your needs.

 

About Us:

GlobaI Info Research(GIR) is a report publisher, a customer, interest-based suppliers. Focusing on customized research, management consulting,IPO consulting,industry chain research, data base & top industries Serviceses well.The company owns large basic databases (such as National Bureau of Statistics Datbase, Customs import and Export Database, Industry Association Database, etc.), Expert resources (including industry experts who own more than 10 years experiences on marketing or R&D in dustries of energy, automotive, chemicals, medical ICT consumer goods, etc.)

 

Contact US

Global Info Research

E-mail::[email protected]

Tel:  +86-17665052062      00852-58197708(HK)

Add:FLAT/RM A 9/F SILVERCORP INTERNATIONAL TOWER 707-713 NATHAN ROAD MONGKOK KL HONG KONG

Website:http://www.globalinforesearch.com

 

Leave a Reply

Your email address will not be published. Required fields are marked *