Furniture Market USD 654.60 billion till 2025

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Furniture Market Research Report - Global
Forecast till 2025
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2025
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Furniture Market Research Report- Forecast to 2025
Furniture Market 2020 Industry Survey, Growth,
Competitive Landscape and Forecasts to 2025
The global furniture market is estimated to be
valued at USD 654.60 billion by 2025 and expected
to grow at a CAGR of 2.64 during the forecast
period. The wood segment of the furniture
accounted for the largest market share in the
material type segment. However, melamine segment
has been projected to grow at the highest CAGR on
account of increasing demand in Asia-Pacific and
its low cost. Among the furniture type, sofas
accounted for the largest market share of 23.3
in 2018, closely followed by beds in the second
place. However, the cabinets segment is expected
to grow with the highest growth rate of 3.00
during the forecast period. However, the only
bottleneck in a growth trajectory of the global
furniture market is the high prevalence of the
unorganized sector in the furniture industry.
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Furniture Market Research Report-
Forecast to 2025
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Furniture
Market Research Report - Global Forecast 2025
Global furniture market has been segmented on the
basis of type, material type, furniture type,
end-use, and region. On the basis of type, the
market has been divided into RTA and non-RTA.
Ready-to-assemble furniture (RTA), also referred
to as knock-down furniture (KD), flat pack
furniture, or kit furniture, is a form of
furniture that requires customer assembly. The
popularity of RTA furniture is rising since it
has become consumer-friendly owing to improved
materials, hardware, and design innovation.
Non-RTA furniture is fully assembled furniture
that does not require the need for assembling and
are sold by suppliers after completing the
required fitting and assembling. The non-RTA
furniture is finished with the highest quality
and high appeal since it comes assembled from the
supplier. The non-RTA accounts for a higher
market share compared to the RTA furniture type.
However, non-RTA is expected to propel with the
highest growth rate of 3.83 during the forecast
period.
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Furniture Market Research Report- Forecast to
2025
Global Furniture Market, by Region, 2020
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Furniture Market Research Report- Forecast to
2025
Regional Analysis
Geographically, the global furniture market is
segmented into Asia-Pacific, Europe, North
America, and Rest of the World. As per MRFR
analysis, Asia-Pacific dominated the market,
accounted for the largest share of the market in
2018, and expected to grow with the highest CAGR
of 2.78. The furniture market in North America
is expected to have the second position after
Asia-Pacific in terms of market share which was
31.38 in 2018. Europe is estimated to reach USD
158.3 billion by the end of 2025. Asia-Pacific is
expected to reach USD 223.22 billion by 2025.
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Furniture Market Research Report- Forecast to
2025
Application Major Players in this Research

• Furniture Market Prominent Players
• Dorel Industries Inc. (Canada)
• Sauder Woodworking Company (US)
• Inter IKEA Systems B.V. (Netherlands)
• Cymax Group Inc. (Canada)
• Herman Miller Inc. (US)
• HNI Corporation (US)
• Venture Horizon Corporation (US)
• Dunns Furniture (US)
• The Godrej and Boyce Mfg. Co. Ltd (India)

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Furniture Market Research Report- Forecast to
2025
Furniture Market Segmented on the basis of

• By Product Type
• RTA
• Non-RTA
• By Furniture Type
• Chairs,
• Sofas,
• Tables,
• Beds
• By Region
• North America,
• Europe,
• Asia-Pacific

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