Furniture Market Growth Analysis and Emerging Trends 2018-2025 | Key Players include Advanced Disposal Services, Veolia Environment S.A, Republic Services Inc., Covanta, Biffa Group, Hitachi Zosen Corporation.

According to a new report titled,"Global Furniture Market by Type, Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"The global furniture market size was valued at $583,159 million in 2017 and is projected to reach $800,596 million by 2025, registering a CAGR of 3.5 % from 2018 to 2025. Furniture are objects used to support various human activities such as seating, eating, sleeping, and others. Furniture are also used to hold and position an object at certain required height either to store things or for aesthetic appeal. Depending on end use, furniture designs can be modified through machine-based processes and handcrafting. Furniture manufacturing involves highly skilled and creative professionals.

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The residential segment in the furniture market is anticipated to have the highest market share during the forecast period. The rise in global economy has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the furniture market. The growing phase of infrastructure and real estate market has boosted the demand for residential furniture products in the various country across the globe.

The Major players reported in the market include:
The major players analyzed in this report include Haworth, Inc., Inter IKEA Systems BV, Steelcase Inc., Masco Corporation, HNI Corporation, L. & J.G. STICKLEY, INC., Kimball International, Inc., Okamura Corporation, Heritage Home Group LLC, and Durham Furniture Inc.

KEY BENEFITS
The study provides an in-depth analysis of the Furniture market along with current and future trends to elucidate the imminent investment pockets.
The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.
Porter's Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.
The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.
The quantitative analysis of the market during the period of 2018-2025is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:
By Type
RTA
Residential
Commercial

By Distribution Channel
Supermarkets & Hypermarkets
Specialty Stores
E-Commerce
Others

BY GEOGRAPHY
North America
Europe
Asia Pacific
Central & South America
Middle East and Africa

Key findings of the Furniture Market:
Based on type, the residential segment accounted for the highest furniture market share in 2017, growing at a CAGR of 3.5% from 2018 to 2025.
Based on distribution, the specialty stores segment accounted for about 49.3% share of the furniture market share in 2017 and is expected to experience growth at the highest CAGR of 3.4%.
Based on region, North America accounted for about 37.7% of the furniture market size and is expected to grow at a CAGR of 3.4%.
Based on type, the commercial segment accounted for 28.9% furniture market in 2017, growing at a CAGR of 4.5% from 2018 to 2025.
Based on region, Asia-Pacific furniture market industry and is expected to grow at the highest CAGR of 5.7%.

TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 WORLD FURNITURE MARKET, BY END USER
CHAPTER 5 WORLD FURNITURE MARKET, BY APPLICATION
CHAPTER 6 WORLD FURNITURE MARKET, BY GEOGRAPHY
CHAPTER 7 COMPANY PROFILES

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This release was published on openPR.