Press release
Dining Table Market Share & Size Analysis, Growth, Trends, Report, 2024-2032
The global dining table market size was valued at USD 7.81 billion in 2023 and is expected to reach the valuation of USD 8.22 billion in 2024. The market is expected to reach USD 13.71 billion by 2032 with a CAGR of 6.6% during the forecast period. Nowadays, the households have been preferring customizable minimalistic designs for their home spaces. Manufacturers have been offering furniture which has been made of sustainable materials such as recycled wood & plastic, oak, teak, rosewood, etc. Rising need for furniture in the infrastructural facilities is set to drive the product demand. Fortune Business Insightsโข shares this information in its report titled "Dining Table Market, 2024-2032."๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/dining-table-market-106138
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ข๐ง๐ข๐ง๐ ๐๐๐๐ฅ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โฃ Steelcase Inc. (U.S.)
โฃ MillerKnoll, Inc. (U.S.)
โฃ Ashley Furniture Industries, Inc. (U.S.)
โฃ GLOBAL FURNITURE USA (U.S.)
โฃ KOKUYO Co., Ltd. (Japan)
โฃ Ethan Allen Global, Inc. (U.S.)
โฃ Godrej & Boyce Mfg. Co. Ltd. (India)
โฃ B&B ITALIA SPA (Italy)
โฃ Sunpan Trading & Importing, Inc. (Canada)
โฃ CB2 (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: ๐๐ข๐ง๐ข๐ง๐ ๐๐๐๐ฅ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Backed By Demand for Natural Furniture Items, Wood Is Set To Lead The Segment
On the basis of material, the market is segmented into wood, metal, plastic, and others. Wood segment is set to dominate due to demand for furniture items with natural wooden colors and gray, white, or brown color tones.
Backed By Easy Accessibility, Rectangular Segement Is Set To Lead The Market
By table shape, the market is divided into oval, rectangular, round, and square. The rectangular shaped tables are set to hold a dominant share due to easy accessibility to rectangular tables.
Owing To Increasing Focus On Interior Designing, Residential Segement Is Set To Lead The Market
According to the end-user, the market is segmented into residential and commercial. Residential segment holds a major market share due to increasing focus on interior designing and kitchen room decoration among households.
On the basis of regional ground, the market is studied across North America, Europe, Asia Pacific, South America, and Middle East & Africa.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/dining-table-market-106138
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report includes:
โฃ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โฃ Comprehensive insights into regional developments.
โฃ List of major industry players.
โฃ Key strategies adopted by the market players.
โฃ Recent industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
Preference For Dining Furniture Products Made From Sustainable Raw Materials To Drive Market Trajectory
Preference for dining furniture products made from recycled wood & plastic, oak, teak, rosewood, etc. is anticipated to drive dining table market growth. Increasing demand for customized designs and items for luxury furniture items is driving the revenues for the new products.
However, provision of counterfeit dining furniture products is negatively impacting the product sales in many countries globally which is expected to hamper the market growth.
๐๐ฟ๐ผ๐๐๐ฒ ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐:
https://www.fortunebusinessinsights.com/dining-table-market-106138
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Preference For Trending Furniture Items, Asia Pacific Is Poised To Lead The Market Share
Asia Pacific is projected led the global dining table market share with the valuation of USD 3.36 billion in the year 2022. The dominance is due to preference for trending furniture items such as dinner tables, chairs, beds, sofas, home textile products, etc. in events. Rising consumption of wooden furniture in China and India is set to propel regional growth.
Market growth in the Europe is due to rising demand for modern extendable dining tables suitable for space management at official spaces.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Market Players to Gain Competitive Edge by Offering New Designs
The key market players in the dining table market have been offering new designs for the expansion of their customer base on global level. In February 2023, Steelcase, Inc. and Frank Lloyd Wright Foundation collaborated for the launch of various products such as dining chairs, tables, and desks, called Racine Collection. These products are of high performance as they are made up of high quality fabrics, materials, and tweaks for better comfort and use.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Furniture Rental Service Market
https://www.fortunebusinessinsights.com/furniture-rental-service-market-106643
Outdoor Furniture Market
https://www.fortunebusinessinsights.com/outdoor-furniture-market-106406
Furniture Market
https://www.fortunebusinessinsights.com/furniture-market-106357
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
โข June 2023: NaughtOne launched Morse Table System at NeoCon and Design, a U.S. furniture design show. These dining tables can be converted easily into work desks & teamwork benches.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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