(2022-2031) Furniture Global Market Report : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape | Ashley Furniture Industries Inc., Tempur Sealy International, Inc, Hunter Douglas N.V., Leggett & Platt Inc

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The global furniture market report by the business research company identifies increasing demand for online shopping is expected to help the furniture manufacturing market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the furniture manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of furniture manufacturers by giving larger exposure to producers who were confined to one geography.

The global furniture market grew from $634.53 billion in 2021 to $681.95 billion in 2022 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The furniture market is expected to grow to $846.93 billion in 2026 at a CAGR of 5.6%.

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Asia Pacific was the largest region in the furniture market in 2021. Western Europe was the second largest region in the furniture market. The regions covered in the furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major companies in the furniture market include Ashley Furniture Industries Inc., Tempur Sealy International, Inc, Hunter Douglas N.V., Leggett & Platt Incorporated, Steelcase Inc., Haworth Inc, Herman Miller Inc., Masco Corporation, Man Wah holdings and Sleep Number company.

The global Furniture market is segmented -
1) By Type: Institutional And Office Furniture, Household Furniture And Kitchen Cabinet, Mattresses, Blinds And Shades
2) By Type of Material: Metal, Wood, Other Materials
3) By Distribution Channel: Exclusive Showrooms, Online, Hypermarkets, Other Distribution Channels

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The Furniture Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Furniture Market Characteristics
4. Furniture Market Product Analysis
5. Furniture Market Supply Chain
.........
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

This 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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