Wood Furniture Market - Global Outlook and Forecast -2023

ReportsnReports.com adds "Wood Furniture Market - Global Outlook and Forecast 2017 – 2022" report to its research store.

Global wood furniture market to exceed $ 74 billion by 2023. Countries like US, UK, Germany, China, and Australia are the biggest markets for wood furniture. Growth in working population across the major markets in the world would lead to a rise in demand for wood furniture. Rise in awareness toward preservation of forests and rise in working population in major markets are the latest trends that is going to boost the wood furniture market growth.

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The major leaders in this market are Ashley Furniture, IKEA, Laura Ashley, Duresta Upholstery, Giovanni Visentin, and Williams-Sonoma. Many players are expected to expand their presence worldwide during the forecast period, especially in the fast-developing countries in APAC to gain more market share. North America to remain the dominant market and revenue share of APAC region will cross the revenue of Europe competing for the second position.

Major vendors profiled in the report are as following:
• Ashley furniture
• Duresta Upholstery
• IKEA
• Giovanni Visentin
• Laura Ashley
• Williams-Sonoma

Other vendors include Amazon.com, Allied Trade Group, Costco, Godrej & Boyce, Herman Miller, HNI, J.C. Penny, Kimball International, Sears Holdings, Steelcase, Target Corporation, Tesco, Walmart, Wayfair.

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Scope of the Report:

The report includes a comprehensive study of market drivers, trends, and restraints of the global Wood Furniture market. It analysis the market segments in details and provides the revenue forecast for the period 2016-2022. Also, the report profiles the leading vendors in the market and other prominent vendors.

Sales of major Wood Furniture vendors were aggregated to arrive at an estimate of the market size in terms of volume. The same approach is used to calculate the market size in terms of revenue. An estimated 85–90% of vendors’ capacities are mapped and considered in the calculation.

The report provides the analysis of the key segments of the market by product, end-user, geography, and vendors. It provides a detailed analysis of revenue from various segments:

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Product Types: Hardwood & Softwood

End-users: Residential & Commercial
• Distribution Channels
• Retail
• Mass market player
• Furniture stores
• Monobrand furniture stores
• Online

Major Geography:
• APAC
• Europe
• North America
• RoW

Key Countries:
• Canada
• China
• France
• Germany
• India
• US

Wood Furniture is referred to any movable objects made of wood that add to the comfort of living or working in residential and commercial spaces. Wood furniture is used in residential and commercial spaces to add to the comfort of individuals using the place. It also adds to the aesthetic value of the place which is why wood furniture is designed in various innovative looks to serve not only the purpose of relaxation but also enhance the ambience.

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This release was published on openPR.