DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lcvkjp/global_furniture) has announced the addition of the "Global Furniture Market 2014-2018" report to their offering.
The Global Furniture market on the basis of revenue to grow at a CAGR of 3.38 percent over the period 2013-2018.
Furniture is a term that refers to any kind of movable object that is built to support most human activities such as sleeping, eating, and seating. It can also be used for decorative or symbolic purposes. Furniture is made from materials such as wood, plastic, glass, and metal. The Global Furniture market is a low-tech industry, and it has been growing since the days of non-nomadic cultures. Furniture is meant for specific functionality.
One key trend in this market is the increasing demand for luxury furniture. With the increase in the high-net-worth individual population, vendors are offering premium or luxury furniture with unique designs and styles to consumers.
According to the report, one of the main drivers of the market is the increased influence of globalization on the market, which has led to easy and wider availability of different furniture styles for consumers. Reduced trade barriers have led to the entry of many players into various markets globally.
Further, the report states that one key challenge that the market faces is the highly fragmented nature of the market, which has led to cluttered product offerings and price wars. This is negatively affecting the vendors in the market, especially the small vendors.
Key Vendors
- Ashley Furniture Industries
- IKEA International Groups
- Sears Holdings
- Steelcase
Other Prominent Vendors
- Furniture Brands
- Haworth
- Herman Miller
- HNI
- Kimball International
- Klaussner Furniture Industries
- Knoll
- KOKUYO Furniture
- La-Z-Boy
- Masco
- Poltrona Frau
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Application
- Market Segmentation by Material
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/lcvkjp/global_furniture
