Press release
RTA Furniture Market Size To Reach US$ 19.1 Billion by 2028 | IMARC Group
RTA furniture, also known as knock-down, flat-pack, or kit furniture, offers the convenience of assembling it on site. It is also considered appropriate for optimizing small spaces on account of its dismantling properties. Some of the most common RTA furniture includes desks, tables, sofas, cabinets, chairs, beds, and wardrobes. It is manufactured from glass, wood and steel, and are either shipped flat-packed or unassembled. They can be customized as per the customer's requirements and are available in numerous materials, sizes, and designs. In recent years, RTA furniture has gained traction due to its extensive adoption in commercial and residential complexes.
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RTA Furniture Market Trends:
One of the primary factors driving the market is the rising preference for flexible furniture amongst the masses. Other than this, the shifting preferences of young consumers toward space-saving furniture are creating a positive influence on the market. As a result, RTA furniture is widely employed in apartments and offices with limited spaces. Besides this, the expanding real-estate sector, increasing urbanization, and discretionary expenditure on furnishing products are propelling the market growth. Furthermore, the growing trend of working from home (WFH) has led to a rise in the demand for home office furniture, thus strengthening the market growth. Along with this, the numerous product innovations, such as the introduction of click furniture technology which reduces the usage of nuts and bolts for assembling the furniture, are creating lucrative growth opportunities for the leading players in the market. Moreover, the vigorous promotional activities by key players and the easy accessibility of the product through online retail channels are escalating the demand for RTA furniture. Other growth-inducing factors include increasing expenditure capacities of the customers and excellent-quality furnishing products.
RTA Furniture Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global RTA furniture market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Ashley HomeStore
Bush Furniture
Flexsteel Industries Inc
Homestar Corporation
Inter IKEA Systems B.V
Prepac Manufacturing Ltd
Sauder Woodworking Co
Simplicity Sofas
South Shore Furniture
Tvilum A/S
Walker Edison Furniture Company LLC
Whalen Furniture
Li & Fung Limited
Key Market Segmentation:
The report has segmented the global RTA furniture market on the basis of product, material, distribution channel and end user.
Breakup by Product:
Tables
Chairs and Sofas
Storage
Beds
Others
Breakup by Material:
Wood
Glass
Steel
Others
Breakup by Distribution Channel:
Specialty Stores
Flagship Stores
Home Centers
Online Stores
Others
Breakup by End User:
Residential
Commercial
Breakup by Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4696&flag=E
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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