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Wooden Furniture Market Is Predicted To Witness Incremental Growth In The Forecast Period 2023-2032
Wooden Furniture Market
Wooden Furniture Market Size, Growth Rate, And Forecast
The global wooden furniture market size is expected to grow from $99.19 billion in 2022 to $105.92 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The global wooden furniture market size is expected to reach $133.86 billion in 2027 at a CAGR of 6.0%.
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Wooden Furniture Market Drivers
he growing construction sector is expected to boost the growth of the wooden furniture market. Due to its natural cellular structure, wood is a better insulator than steel and plastic which keeps heating and cooling in homes and workplaces and consumes less energy. Wood furniture also helps to control humidity levels. Hence, the growing construction sector is expected to boost the wooden furniture market.
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Wooden Furniture Market Segments
• By Product: Chairs, Tables, Cabinets, Other Products
• By Wood Type: Mango Wood, Sheesham Wood, Rubber Wood, Other Wood Types
• By Material: Lamination, Plywood, Medium Density Fibreboard (MDF), Other Materials
• By Distribution Channel: Hypermarkets, Specialty Stores, Online Retail, Other Distribution Channels
• By Application: Residential, Commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the wooden furniture market.
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Wooden Furniture Market Key Players
Major competitors in the wooden furniture market include Ashley Home Stores Ltd., Bassett Furniture Industries, Bernhardt Furniture Company, AVY Interior, An Cuong Wood Working Materials, Okamura Corporation, Dorel Industries, Ethan Allen Global Inc., Knoll Inc., Herman Miller Inc., Bush Furniture, Haworth Inc., Good's Home Furnishings., Doimo Salotti, and Inter IKEA Systems B.V.
The Business Research Company's "Global Wooden Furniture Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Wooden Furniture Market Include:
1. Executive Summary
2. Wooden Furniture Market Characteristics
3. Wooden Furniture Market Trends And Strategies
4. Wooden Furniture Market - Macro Economic Scenario
5. Wooden Furniture Market Size And Growth
……
26. Africa Wooden Furniture Market
27. Wooden Furniture Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wooden Furniture Market
29. Wooden Furniture Market Future Outlook And Potential Analysis
30. Appendix
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