LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global wooden furniture market size and it is poised to grow by USD 44.86 billion during 2020-2024, progressing at a CAGR of over 2% 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.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ashley Furniture Industries Inc., Duresta Upholstery Ltd., Herman Miller Inc., HNI Corp., Inter IKEA Holding BV, Laura Ashley Holdings Plc, Okamura Corp., Steelcase Inc., Williams-Sonoma Inc., and Yihua Enterprise (Group) Co. Ltd. are some of the major market participants. 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.
The growth of the real estate and construction industry has been instrumental in driving the growth of the market. However, the cost challenges faced by manufacturers and vendors might hamper market growth.
Wooden Furniture Market 2020-2024 : Segmentation
Wooden Furniture Market is segmented as below:
- North America
- South America
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Wooden 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 wooden furniture market report covers the following areas:
- Wooden Furniture Market size
- Wooden Furniture Market trends
- Wooden Furniture Market industry analysis
This study identifies the rising demand for luxury furniture as one of the prime reasons driving the wooden furniture market growth during the next few years.
Wooden Furniture Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the wooden furniture market, including some of the vendors such as Ashley Furniture Industries Inc., Duresta Upholstery Ltd., Herman Miller Inc., HNI Corp., Inter IKEA Holding BV, Laura Ashley Holdings Plc, Okamura Corp., Steelcase Inc., Williams-Sonoma Inc., and Yihua Enterprise (Group) Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the wooden 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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Wooden Furniture Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist wooden furniture market growth during the next five years
- Estimation of the wooden furniture market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the wooden furniture market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of wooden furniture market vendors
Table Of Contents :
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segment
Market Segmentation by Application
- Market segments
- Comparison by Application
- Home - Market size and forecast 2019-2024
- Office - Market size and forecast 2019-2024
- Market opportunity by Application
- 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 by geography
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Ashley Furniture Industries Inc.
- Duresta Upholstery Ltd.
- Herman Miller Inc.
- HNI Corp.
- Inter IKEA Holding BV
- Laura Ashley Holdings Plc
- Okamura Corp.
- Steelcase Inc.
- Williams-Sonoma Inc.
- Yihua Enterprise (Group) Co. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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