Press release
Furniture Market Global Industry Analysis, Key Manufacturers, Trends, Size And 2030 Forecasts
The Business research company
The furniture market consists of sales of furniture by entities (organizations, sole traders and partnerships) that produce furniture including tables, chairs, desks, cabinets or fixtures that are used in a room or building to support various human activities.
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The global furniture market is expected to decline from $731.6 billion in 2019 to $705.7 billion in 2020 at a compound annual growth rate (CAGR) of -3.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.
Furniture manufacturing companies are integrating technology with furniture products to offer customers innovative and functional products. Technological advancements are helping furniture companies to offer customers convenience to address their day to day needs.
Furniture Market Segmentation: -
By Type
1. Metal
2. Wood
3. Others
By Distribution Channel
1. Exclusive Showrooms
2. Online
3. Hypermarkets
4. Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Furniture Market Characteristics
4. Furniture Market Product Analysis
5. Furniture Market Supply Chain
……
20. Furniture Market Competitive Landscape
21. Key Mergers And Acquisitions In The Furniture Market
22. Market Background: Paper, Plastics, Rubber, Wood And Textile Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the furniture market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the furniture market are IKEA AB; Ashley Furniture Industries Inc; Steelcase Inc; Tempur Sealy International Inc; Leggett & Platt Incorporated
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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