Press release
Household Furniture And Kitchen Cabinet Market | Worldwide Industry Analysis Report Till 2020-30: Covid 19 Impact And Recovery
The Business Research Company offers " Household Furniture And Kitchen Cabinet Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global household furniture and kitchen cabinet market is expected to decline from $379.7 billion in 2019 to $363.5 billion in 2020 at a compound annual growth rate (CAGR) of -4.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $429.6 billion in 2023.
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The household furniture and kitchen cabinet market consists of sales of household furniture and kitchen cabinets by entities (organizations, sole traders and partnerships) that produce household furniture including furniture for kitchens, bedrooms and living rooms. This market includes built-in kitchen cabinets.
The demand for small and portable furniture in urban centers is increasing. This is mainly because of the compact size and low cost these furniture offers, making them ideal for small households. Small and portable furniture are small in size when compared to a conventional furniture, and can be used for multiple purposes.
Household Furniture And Kitchen Cabinet Market Segmentation: -
By Type
1. Household Furniture
2. Kitchen Cabinet
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Household Furniture And Kitchen Cabinet Market Characteristics
4. Household Furniture And Kitchen Cabinet Market Product Analysis
5. Household Furniture And Kitchen Cabinet Market Supply Chain
………
20. Household Furniture And Kitchen Cabinet Market Competitive Landscape
21. Key Mergers And Acquisitions In The Household Furniture And Kitchen Cabinet Market
22. Market Background: Furniture Market
23. Recommendations
24. Appendix
The report covers the trends and market dynamics of the household furniture and kitchen cabinet 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 household furniture and kitchen cabinet market are IKEA AB; Ashley Furniture Industries Inc; Leggett & Platt Incorporated; La-Z-Boy Incorporated; Man Wah Holdings Limited
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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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