Press release
Wooden Furniture Market Increasing Demand, Growth Analysis and Future Outlook by 2031
The global wooden furniture market is anticipated to grow at a CAGR of 4.64% during the forecast period (2024-2031). The market growth is driven by the rising disposable incomes, the rapid expansion of the real estate and hospitality sectors, and rising demand for luxury and premium furniture from certain consumer segments. The introduction of marketing campaigns by market players is also contributing significantly towards the market growth. For instance, in July 2022 Wooden Furniture brand HATIL, crafted a new product campaign namely 'Modern furniture crafted with elegance'.To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/wooden-furniture-market
The global wooden furniture market is segmented by the wooden type (into softwood and hardwood), product (into chairs, tables, cabinets, and others (Sofas and Couches)), distribution channel (into Supermarkets and Hypermarket, Specialty Stores, e-commerce, and others (local stores and independent retailers)), end users (into residential and commercial) and geographies (into North America, Europe, Asia-Pacific, and the Rest of the World).
Market Highlights and Recent Developments
• The chair and tables segment is anticipated to hold a considerable market share owing to the rise in the development of designs and innovative art.
• Additionally, the supermarket and specialty stores sub-segment is expected to hold a considerable share, due to the rising demand of wooden furniture in supermarkets and specialty stores, attributing to the urbanization and the housing boom, interior design and home décor trends, eco-friendly and substantial options, product variety and affordability, and marketing and promotional tactics.
A full report of Wooden Furniture Market available @ https://www.omrglobal.com/industry-reports/wooden-furniture-market
• In June 2023, a selection of veneer furniture pieces was launched by Durian Furniture. They have introduced a highly sought-after line of classic coffee tables, side tables, TV stands, buffets, and other furniture.
• The Asia-Pacific region is anticipated to hold a prominent share of the market across the globe, owing to the high concentration of the market solution vendors including Xuzhou Mega Industries Ltd. Godrej Interio, Excel Furniture, Linyi haisen Wood Co., Ltd., and others.
• In addition, the North American region is anticipated to grow at a considerable CAGR over the forecast period, owing to the improvements in production processes, design skills, and finishes, resulting in the development of novel furniture designs.
• In April 2023, Dropcity, a Milan-based architecture and design center, announced the opening of its center in 2024. The center will feature 28 tunnels, which will house libraries, production workshops, exhibition galleries, and prototyping labs.
• In April 2023, IKEA US launched the Interior Design Service, for DIY furniture projects and minimalist décor pieces, to aid low-cost home renovations.
• However, the market growth is restrained by the growing demand of second-hand products, Competition from Alternative Materials (such as metal, plastic, engineered wood, steel, aluminum, and iron), and changing consumer preferences.
• The eco-friendly initiative of responsible wood sourcing from sustainable and certified forests is presenting opportunities for market expansion for the market players. Also, offering various after-sales services such as furniture repair, refinishing, or upcycling is potent for global expansion.
The major players in the global wooden furniture market include Haworth, Inc., Inter IKEA Systems BV, Steelcase Inc., Masco Corp., HNI Corp., & J.G. STICKLEY, INC., Kimball International, Inc., Okamura Corp., Heritage Home Group LLC, and Durham furniture Inc., and others. The market players are contributing considerably to the market growth by the adoption of various market strategies. For instance, in January 2023, In Mumbai, the omnichannel furniture company Wooden Street opened its eighth experience store. The recently opened shop will sell furniture and home decor items and is situated at Arihant Aarohi, Kalyan-Shil Road, Shilphata, Padle Gaon in Thane, Maharashtra.
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Visit more report at
https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/
https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wooden Furniture Market Increasing Demand, Growth Analysis and Future Outlook by 2031 here
News-ID: 3452278 • Views: …
More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…

Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…

Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…

Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for Furniture
Hotel Furniture Market to See Booming Growth | Northland Furniture, Foliot Furni …
The latest study released on the Global Hotel Furniture Market by AMA Research evaluates market size, trend, and forecast to 2027. The Hotel Furniture market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Bedroom Furniture Market Share by Top Companies, Size, Growth, Industry Analysis …
Bedroom Furniture Market Scope & Overview: The research investigates the key factors influencing international market growth. In order to assess the overall size of the Bedroom Furniture market during the forecast period, the report employed a bottom-up technique to collect and forecast data for a wide range of industrial verticals and end-user sectors, as well as their reach across numerous categories.
Market participants may utilize market data to develop strategies to…
Home Furniture Market, Office Furniture Market, Hospital Furniture Market, Woode …
Furniture is a movable/mutable object intended to support a variety of human activity including seating, sleeping, fencing and protection. It is also used to hold the object at the proper height for working. It can also be designed & used as a decorative object. Furniture has become a vital part of human life since non-nomadic culture. It is kept in home or other commercial buildings to make the living &…
Bedroom Furniture Market Growth 2017 to 2022: Dominated by ughan-Bassett Furnitu …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives…
Bedroom Furniture Market Size to Grow Rapidly in Future | Global Key Players - a …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives…
Bedroom Furniture Market Key Player Information are - Vaughan-Bassett Furniture …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022.
During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives…