Press release
Furniture Logistics Market Anticipated To Witness Robust Growth, Surpassing $147.99 Billion By 2029
Furniture Logistics
What Is the Current Furniture Logistics Market Size and Its Estimated Growth Rate?
The furniture logistics market size has grown strongly in recent years. It will grow from $108.66 billion in 2024 to $115.91 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing international trade, expansion of direct-to-consumer sales channels, growth of the e-commerce sector, increasing outsourcing of logistics, and expansion of e-commerce.
The furniture logistics market is projected to reach $147.99 billion by 2029, growing at a CAGR of 6.3%. Growth is driven by urbanization, rising consumer expectations, last-mile delivery importance, warehouse infrastructure investments, and sustainability. Trends include digital transformation, real-time tracking, green logistics integration, and data analytics.
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How Are Emerging Segments Shaping the Furniture Logistics Market Landscape?
The furniture logisticsmarket covered in this report is segmented -
1) By Service Type: Transportation Services, Warehousing Services, Distribution Services, Assembly And Installation Services, Reverse Logistics Services
2) By Furniture Type: Residential Furniture, Commercial Furniture
3) By Transportation Mode: Road Transportation, Rail Transportation, Air Transportation, Sea Transportation
4) By Distribution Channel: Direct-To-Consumer (DTC), Retailers, E-Commerce Platforms, Wholesale Distributors, Other Distribution Channels
Subsegments:
1) By Transportation Services: Local Transportation, Long-Distance Transportation, Freight Transportation, Specialized Furniture Transportation, White-Glove Delivery Services
2) By Warehousing Services: Temperature-Controlled Warehousing, General Warehousing, Customizable Storage Solutions, Inventory Management Services, Cross-Docking Services
3) By Distribution Services: Direct-To-Consumer Distribution, Retail Distribution, E-commerce Distribution, Last-Mile Delivery, Bulk Distribution Services
4) By Assembly And Installation Services: In-House Assembly Services, On-Site Installation Services, Flat-Pack Assembly Services, Custom Furniture Assembly, Disassembly Services For Relocation
5) By Reverse Logistics Services: Returns Management, Recycling And Disposal Services, Repair And Refurbishment Services, Resale Of Returned Furniture, Inventory Liquidation Services
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Which Growth Factors Are Influencing Furniture Logistics Market Expansion?
A surge in furniture demand is projected to drive the furniture logistics market. With trends like home makeovers and interior redesigns gaining popularity globally, furniture purchases are rising. Logistics services are essential in managing the transport, storage, and delivery of furniture. In February 2023, Hollywood Mirror stated the furniture manufacturing sector earned $3.22 billion in 2020, and in 2021, UK manufacturers sold 5.58 million wooden bedroom furniture items. This increase fuels the growth of the furniture logistics market.
Who Are the Dominant Players Across Different Furniture Logistics Market Segments?
Major companies operating in the furniture logistics market are Savino Del Bene S.p.A., DB Schenker, Kuehne + Nagel International AG, J.B. Hunt Transport Services Inc., Maersk Logistics and Services, Kerry Logistics Network Limited, XPO Logistics Inc., Röhlig Logistics GmbH & Co. KG, AIT Worldwide Logistics Inc., Noatum Logistics USA LLC, Logistics Plus Inc., Samskip Multimodal, Speed Commerce Inc., Ceva Logistics AG, ColliCare Logistics AS, LGT Logistics AB, DHL Supply Chain, CG Logistics Pvt. Ltd., Massood Logistics Inc., NTG Nordic Transport Group A/S, Ross Furniture Logistics
What Are the Major Trends Shaping the Furniture Logistics Market?
Companies in the furniture logistics market are forging strategic partnerships to develop new in-home delivery services. These partnerships combine resources and expertise to improve delivery processes, expanding market reach and innovation. For instance, in July 2022, Kirkland's partnered with Ryder System to introduce a new in-home delivery service in the United States, offering last-mile delivery, assembly, and packaging disposal for large furniture items, enhancing the customer experience through improved logistics and technology.
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Which Geographic Regions Are Expected to Dominate the Furniture Logistics Market in the Coming Years?
Asia-Pacific was the largest region in the furniture logistics market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the furniture logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Furniture Logistics Market?
2. What is the CAGR expected in the Furniture Logistics Market?
3. What Are the Key Innovations Transforming the Furniture Logistics Industry?
4. Which Region Is Leading the Furniture Logistics Market?
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