Wooden Furniture Market Size in Europe 2020 - Industry Trends Report to 2026

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Wooden Furniture Market Size in Europe 2020 - Industry Trends Report to 2026

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Europe Wooden Furniture Market size will reach USD 127.7 billion by 2026. The increasing adoption of aesthetic products in homes is primarily augmenting the demand for wooden furniture in Europe. The shifting trend among consumers from aluminum chairs to comfortable wooden furniture over the years has fueled the Europe wooden furniture market growth. Design & product innovations supported by a stimulating furniture demand are propelling the wooden furniture industry expansion. – PowerPoint PPT presentation

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Title: Wooden Furniture Market Size in Europe 2020 - Industry Trends Report to 2026


1

Europe Wooden Furniture Market to hit 127.7 Bn
by 2026 Graphical Research
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Europe Wooden Furniture Market size will reach
USD 127.7 billion by 2026. The increasing
adoption of aesthetic products in homes is
primarily augmenting the demand for wooden
furniture in Europe. The shifting trend among
consumers from aluminum chairs to comfortable
wooden furniture over the years has fueled the
Europe wooden furniture market growth. Design
product innovations supported by a stimulating
furniture demand are propelling the wooden
furniture industry expansion. Rising furniture
consumption has forced producers to expand their
design product contributions in indoor and
outdoor segments. Producers are concentrating on
enhancing their market stake by improving
distribution frequency coupled with portfolio
expansion. Key distribution channels of the
wooden furniture market include DIY outlets,
modern furniture shops, furniture home dƩcor
retailers, and e-commerce stores. The penetration
of e-commerce in the furniture market is
stimulating wooden furniture sales in the region.
Higher discounts, product variety, and reduced
delivery time are the key factors propelling
business growth through online stores. The
revenue of retail stores is majorly driven by
large-item purchases, dining sets, and
sofas. Furthermore, the rising demand for
high-end wooden furniture amongst senior
citizens, particularly in European countries, is
fueling business revenues. The aging population
along with a better purchasing power of this age
group, particularly in developed economies, will
boost the outdoor market growth. In Europe, Italy
and Germany have the largest shares of senior
citizens. European countries will witness a
larger count of aged population along with large
disposable incomes, which are expected to boost
the market size by 2026.
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Get sample copy of this research report _at_
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Wooden materials have lower durability in extreme
weather, such as winter and rainy seasons, as dew
and water can harm the wooden furniture. This
factor can be a key restraint in the development
of the Europe wooden furniture market by
2026. The Europe market from the commercial
segment is estimated to observe an industry share
of over 30 by 2026. Wooden furniture in the
commercial segment is generally used in several
areas including hotels, open restaurants,
schools, resorts, colleges, hospitals, and public
parks. Enhanced designing capabilities offered by
wood along with the availability of multiple
shapes will support the segment proliferation in
the coming years. Industry participants are
continuously innovating their product portfolio
to attract consumers and differentiate from the
products of competitors. Ā  Ā  The foremost market
players operating in the Europe wooden furniture
market are Century Furniture, Ashley Furniture
Industries, Bernhardt Furniture Company, Bassett
Furniture Industries, Inc., Doimo, Dorel
Industries, Inc., Avy Interior Limited Company,
Casta, Bush Industries, Inc.., Moc Furniture,
Hooker Furniture Corporation, IKEA Systems B.V.,
Ethan Allen Global, Inc., and Hafele.
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Segmentation of Europe Wooden Furniture
Market Wooden Furniture Market, By
Application Residential Upholstered
furniture Non-upholstered furniture Bedroom Kitche
n cabinet Commercial Business/Office Educational
Healthcare The above information is provided on
a country basis for the following Europe Germany
UK Italy France Russia Belgium
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About Graphical Research Graphical Research is
a business research firm that provides industry
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with dedicated analyst support across the
purchase lifecycle. Contact Us Parikhit
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ResearchĀ  Phone1-800-986-6917EmailĀ sales_at_graphi
calresearch.comĀ  WebĀ https//www.graphicalresea
rch.com
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