Depending on material, the wood segment was the dominant segment in the global furniture market during the furniture market analysis period.
The global furniture market size was valued at $556.3 billion in 2023, and is projected to reach $840.5 billionby 2034, growing at a CAGR of 4.0% from 2024 to 2034. โ
WILMINGTON, DE, UNITED STATES, March 12, 2025 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โfurniture market" was valued at $556.3 billion in 2023, and is projected to reach $840.5 billion by 2034, growing at a CAGR of 4% from 2024 to 2034.โ Allied Market Research
Furniture comprises movable objects designed to support human activities such as seating, sleeping, and storage. It is classified in different types that include chairs, tables, beds, sofas, cabinets, and desks. Chairs & sofas provide seating, tables facilitate dining & work, beds offer a place for rest, and cabinets & desks provide storage & organization solutions. It enhances functionality, comfort, and aesthetic appeal in homes, offices, and public spaces. Its design reflects cultural and stylistic trends, often serving as a medium for artistic expression. Quality furniture balances form & function and contributes to the overall atmosphere and usability of a space.
๐ ๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐๐ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/request-sample/5147
The Study Will Help the Readers-
1. Acknowledge the complete market dynamics.
2. Inspect the competitive scenario along with the future market landscape with the help of different strictures such as Porterโs five forces and parent/peer market.
3. Understand the impact of government regulations during the Covid-19 pandemic and evaluate the market throughout the global health crisis.
4. Consider the portfolios of the major market players operational in the market coupled with the comprehensive study of the products and services they offer.
The Furniture Market Analysis is done on the basis of type, material, distribution channel, and region. On the basis of type, the market is divided into residential, office and outdoor furniture. As per material, the market is segregated into wood, metal, plastic. On the basis of distribution channel, the market is bifurcated into online sales channels and offline stores. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @: https://www.alliedmarketresearch.com/purchase-enquiry/5147
Players operating in the global furniture market have adopted various developmental strategies to expand their furniture market share, increase profitability, and remain competitive in the market. Key players profiled in this report include InterIKEA Group
Ashley Furniture Industries Inc.
Durham Furniture Inc.
American Signature
Raymour & Flanigan
Jason Furniture (HangZhou) Co., Ltd
Oppein Home Group Inc.
La-Z-Boy Inc.
Kimball International
Williams-Sonoma, Inc.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ @ https://www.alliedmarketresearch.com/checkout-final/9ad6e109e4cf3cdf16af9e3dd8273e70
KEY FINDINGS OF STUDY
By type, the residential segment was the highest revenue contributor to the market in 2023.?
Depending on material, the wood segment was the dominant segment in the global furniture market during the furniture market analysis period.??
On the basis of distribution channel, the offline stores segment was the major revenue generator in 2023.?
Region wise, Asia-Pacific was the highest revenue contributor in 2023.?
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐จ๐จ๐๐ฌ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐๐ฏ๐๐ง๐ญ๐ฎ๐ซ๐ ๐๐จ๐ฎ๐ซ๐ข๐ฌ๐ฆ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/adventure-tourism-market
๐๐๐ญ ๐ ๐จ๐จ๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/pet-food-market
๐๐ซ๐๐ฏ๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/travel-retail-market
Davin Correa
Allied Market Research
+1 8007925285
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
