Report ID : AMR1004195 | Industries : Others | Published On :December 2023 | Page Count : 212
Global Wooden Furniture Market Size, Trends, and Growth Opportunity, Global Wooden Furniture Market By Product Type (Hardwood, Softwood), By Application (Residential, Commercial), By Distribution Channel (Retail, Mass Market Players, Furniture Store, Monobrand Furniture Stores, Online), By Region and forecast till 2030.
Global Wooden Furniture Market
Global Wooden Furniture Market was valued at USD 425 billion in 2022 and is slated to reach USD 645 billion by 2030 at a CAGR of 6.14% from 2023-2030.
Wooden Furniture are specialized mechanical devices or pieces of equipment that are utilized in the pharmaceutical and healthcare industries. They are intended to remove individual tablets, capsules, or other solid dosage forms from blister packaging in an efficient and safe manner. Blister packaging is often made of a plastic or aluminum sheet with discrete pockets (blisters) for storing pharmaceuticals. Wooden Furniture are used to recover the contents of blisters for a variety of purposes, including quality checking, repackaging, recycling, and disposal.
Market Drivers
The growing worldwide population, particularly in cities, is boosting the demand for housing and, as a result, furniture, notably wooden furniture. As the population grows, so does the demand for housing and furnishings, necessitating a greater demand for wooden furniture. Urbanization, which is generally connected with population expansion, stimulates this need even more, as people who relocate to cities typically purchase new furniture for their homes. Furthermore, changing interior design trends and a preference for eco-friendly materials are driving the appeal of wooden furniture.
Market Restraints
The traditional wooden furniture market faces competition from alternative materials like metal, plastic, and engineered wood. Metal furniture, known for durability and modern aesthetics, is popular for outdoor use due to its weather resistance. Plastic furniture, lightweight and cost-effective, is used indoors and outdoors, with manufacturing advancements achieving wood-like appearances.
Impact of COVID-19
The pandemic impacted global supply systems, causing delays in the production and transportation of wooden furniture. Factory closures, transit limitations, and labor shortages in manufacturing hotspots such as China and Southeast Asia hampered the supply of raw materials and finished goods. The epidemic caused financial market uncertainty, impacting investment decisions and consumer confidence. This uncertainty contributed to lower furniture sales and postponed home furnishings investments.
Recent Development
In July 2022, Harman Miller Inc. collaborated with G@ Esports to provide gaming chairs, desks, and monitor arms. This partnership is expected to boost the company's sales revenue and gross profit.
Market Segmentation
Global Wooden Furniture Market is segmented into product type, application and distribution channel. By product type such as hardwood, softwood. By application such as residential, commercial. By distribution channel such as retail, mass market players, furniture store, monobrand furniture stores, online.
Regional Analysis
Global Wooden Furniture Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Asia Pacific area is dominant and is expected to increase significantly during the projection period. This can be assigned to shifting customer preferences for adaptable furniture, the growing influence of Western cultures and trends, expanding demand for modular kitchen and lighting solutions, and the region's ready availability of raw materials.
Key Players
This report includes a list of numerous Key Players, namely Ashley Furniture Industries Inc., Haworth Inc., Herman Miller Inc., HNI Corporation, Inter IKEA Systems B.V., Kinnarps AB, Klaussner Home Furnishing, KOKUYO Co. Ltd., La-Z-Boy Incorporated, Okamura Corporation, Steelcase Inc., Williams-Sonoma Inc., etc.
Market Taxonomy
By Product Type
• Hardwood
• Softwood
By Application
• Residential
• Commercial
By Distribution Channel
• Retail
• Mass Market Players
• Furniture Store
• Monobrand Furniture Stores
• Online
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
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Global Wooden Furniture Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Wooden Furniture Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Wooden Furniture Market, By Product Type
5.1. Y-o-Y Growth Comparison, By Product Type
5.2. Global Wooden Furniture Market Share Analysis, By Product Type
5.3. Global Wooden Furniture Market Size and Forecast, By Product Type
5.3.1. Hardwood
5.3.2. Softwood
6. Global Wooden Furniture Market, By Application
6.1. Y-o-Y Growth Comparison, By Application
6.2. Global Wooden Furniture Market Share Analysis, By Application
6.3. Global Wooden Furniture Market Size and Forecast, By Application
6.3.1. Residential
6.3.2. Commercial
7. Global Wooden Furniture Market, By Distribution Channel
7.1. Y-o-Y Growth Comparison, By Distribution Channel
7.2. Global Wooden Furniture Market Share Analysis, By Distribution Channel
7.3. Global Wooden Furniture Market Size and Forecast, By Distribution Channel
7.3.1. Retail
7.3.2. Mass Market Players
7.3.3. Furniture Store
7.3.4. Monobrand Furniture Stores
7.3.5. Online
8. Global Wooden Furniture Market, By Region
8.1. Global Wooden Furniture Market Share Analysis, By Region
8.2. Global Wooden Furniture Market Share Analysis, By Region
8.3. Global Wooden Furniture Market Size and Forecast, By Region
9. North America Wooden Furniture Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. North America Wooden Furniture Market Share Analysis, By Product Type
9.3. North America Wooden Furniture Market Share Analysis, By Application
9.4. North America Wooden Furniture Market Share Analysis, By Distribution Channel
9.5. North America Wooden Furniture Market Size and Forecast, By Country
9.5.1. U.S.
9.5.1.1. Market Size and Forecast, By Product Type
9.5.1.2. Market Size and Forecast, By Application
9.5.1.3. Market Size and Forecast, By Distribution Channel
9.5.2. Canada
9.5.2.1. Market Size and Forecast, By Product Type
9.5.2.2. Market Size and Forecast, By Application
9.5.2.3. Market Size and Forecast, By Distribution Channel
9.5.3. Mexico
9.5.3.1. Market Size and Forecast, By Product Type
9.5.3.2. Market Size and Forecast, By Application
9.5.3.3. Market Size and Forecast, By Distribution Channel
10. Europe Wooden Furniture Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Europe Wooden Furniture Market Share Analysis, By Product Type
10.3. Europe Wooden Furniture Market Share Analysis, By Application
10.4. Europe Wooden Furniture Market Share Analysis, By Distribution Channel
10.5. Europe Wooden Furniture Market Size and Forecast, By Country
10.5.1. Germany
10.5.1.1. Market Size and Forecast, By Product Type
10.5.1.2. Market Size and Forecast, By Application
10.5.1.3. Market Size and Forecast, By Distribution Channel
10.5.2. France
10.5.2.1. Market Size and Forecast, By Product Type
10.5.2.2. Market Size and Forecast, By Application
10.5.2.3. Market Size and Forecast, By Distribution Channel
10.5.3. UK
10.5.3.1. Market Size and Forecast, By Product Type
10.5.3.2. Market Size and Forecast, By Application
10.5.3.3. Market Size and Forecast, By Distribution Channel
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Product Type
10.5.4.2. Market Size and Forecast, By Application
10.5.4.3. Market Size and Forecast, By Distribution Channel
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Product Type
10.5.5.2. Market Size and Forecast, By Application
10.5.5.3. Market Size and Forecast, By Distribution Channel
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Product Type
10.5.6.2. Market Size and Forecast, By Application
10.5.6.3. Market Size and Forecast, By Distribution Channel
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Product Type
10.5.7.2. Market Size and Forecast, By Application
10.5.7.3. Market Size and Forecast, By Distribution Channel
11. Asia Pacific Wooden Furniture Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Asia Pacific Wooden Furniture Market Share Analysis, By Product Type
11.3. Asia Pacific Wooden Furniture Market Share Analysis, By Application
11.4. Asia Pacific Wooden Furniture Market Share Analysis, By Distribution Channel
11.5. Asia Pacific Wooden Furniture Market Size and Forecast, By Country
11.5.1. China
11.5.1.1. Market Size and Forecast, By Product Type
11.5.1.2. Market Size and Forecast, By Application
11.5.1.3. Market Size and Forecast, By Distribution Channel
11.5.2. Japan
11.5.2.1. Market Size and Forecast, By Product Type
11.5.2.2. Market Size and Forecast, By Application
11.5.2.3. Market Size and Forecast, By Distribution Channel
11.5.3. India
11.5.3.1. Market Size and Forecast, By Product Type
11.5.3.2. Market Size and Forecast, By Application
11.5.3.3. Market Size and Forecast, By Distribution Channel
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Product Type
11.5.4.2. Market Size and Forecast, By Application
11.5.4.3. Market Size and Forecast, By Distribution Channel
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Product Type
11.5.5.2. Market Size and Forecast, By Application
11.5.5.3. Market Size and Forecast, By Distribution Channel
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Product Type
11.5.6.2. Market Size and Forecast, By Application
11.5.6.3. Market Size and Forecast, By Distribution Channel
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Product Type
11.5.7.2. Market Size and Forecast, By Application
11.5.7.3. Market Size and Forecast, By Distribution Channel
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Product Type
11.5.8.2. Market Size and Forecast, By Application
11.5.8.3. Market Size and Forecast, By Distribution Channel
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Product Type
11.5.9.2. Market Size and Forecast, By Application
11.5.9.3. Market Size and Forecast, By Distribution Channel
12. Latin America Wooden Furniture Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Latin America Wooden Furniture Market Share Analysis, By Product Type
12.3. Latin America Wooden Furniture Market Share Analysis, By Application
12.4. Latin America Wooden Furniture Market Share Analysis, By Distribution Channel
12.5. Latin America Wooden Furniture Market Size and Forecast, Country
12.5.1. Brazil
12.5.1.1. Market Size and Forecast, By Product Type
12.5.1.2. Market Size and Forecast, By Application
12.5.1.3. Market Size and Forecast, By Distribution Channel
12.5.2. Argentina
12.5.2.1. Market Size and Forecast, By Product Type
12.5.2.2. Market Size and Forecast, By Application
12.5.2.3. Market Size and Forecast, By Distribution Channel
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Product Type
12.5.3.2. Market Size and Forecast, By Application
12.5.3.3. Market Size and Forecast, By Distribution Channel
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Product Type
12.5.4.2. Market Size and Forecast, By Application
12.5.4.3. Market Size and Forecast, By Distribution Channel
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Product Type
12.5.5.2. Market Size and Forecast, By Application
12.5.5.3. Market Size and Forecast, By Distribution Channel
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Product Type
12.5.6.2. Market Size and Forecast, By Application
12.5.6.3. Market Size and Forecast, By Distribution Channel
12.5.7. Rest of Latin America
12.5.7.1. Market Size and Forecast, By Product Type
12.5.7.2. Market Size and Forecast, By Application
12.5.7.3. Market Size and Forecast, By Distribution Channel
13. Middle East Wooden Furniture Market Analysis and Forecast (2023-2030)
13.1. Introduction
13.2. Middle East Wooden Furniture Market Share Analysis, By Product Type
13.3. Middle East Wooden Furniture Market Size and Forecast, By Application
13.4. Middle East Wooden Furniture Market Size and Forecast, By Distribution Channel
13.5. Middle East Wooden Furniture Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Product Type
13.5.1.2. Market Size and Forecast, By Application
13.5.1.3. Market Size and Forecast, By Distribution Channel
13.5.2. UAE
13.5.2.1. Market Size and Forecast, By Product Type
13.5.2.2. Market Size and Forecast, By Application
13.5.2.3. Market Size and Forecast, By Distribution Channel
13.5.3. Egypt
13.5.3.1. Market Size and Forecast, By Product Type
13.5.3.2. Market Size and Forecast, By Application
13.5.3.3. Market Size and Forecast, By Distribution Channel
13.5.4. Kuwait
13.5.4.1. Market Size and Forecast, By Product Type
13.5.4.2. Market Size and Forecast, By Application
13.5.4.3. Market Size and Forecast, By Distribution Channel
13.5.5. South Africa
13.5.5.1. Market Size and Forecast, By Product Type
13.5.5.2. Market Size and Forecast, By Application
13.5.5.3. Market Size and Forecast, By Distribution Channel
13.5.6. Rest of Middle East & Africa
13.5.6.1. Market Size and Forecast, By Product Type
13.5.6.2. Market Size and Forecast, By Application
13.5.6.3. Market Size and Forecast, By Distribution Channel
14. Competitive Analysis
14.1. Competition Dashboard
14.2. Market share Analysis of Top Vendors
14.3. Key Development Strategies
15. Company Profiles
15.1. Herman Miller Inc.
15.1.1. Offerings
15.1.2. Key Financials
15.1.3. Business Segment & Geographic Overview
15.1.4. Key Market Developments
15.1.5. Key Strategies
15.2. HNI Corporation
15.2.1. Overview
15.2.2. Offerings
15.2.3. Key Financials
15.2.4. Business Segment & Geographic Overview
15.2.5. Key Market Developments
15.2.6. Key Strategies
15.3. Inter IKEA Systems B.V.
15.3.1. Overview
15.3.2. Offerings
15.3.3. Key Financials
15.3.4. Business Segment & Geographic Overview
15.3.5. Key Market Developments
15.3.6. Key Strategies
15.4. Kinnarps AB
15.4.1. Overview
15.4.2. Offerings
15.4.3. Key Financials
15.4.4. Business Segment & Geographic Overview
15.4.5. Key Market Developments
15.4.6. Key Strategies
15.5. Klaussner Home Furnishing
15.5.1. Overview
15.5.2. Offerings
15.5.3. Key Financials
15.5.4. Business Segment & Geographic Overview
15.5.5. Key Market Developments
15.5.6. Key Strategies
15.6. KOKUYO Co. Ltd.
15.6.1. Overview
15.6.2. Offerings
15.6.3. Key Financials
15.6.4. Business Segment & Geographic Overview
15.6.5. Key Market Developments
15.6.6. Key Strategies
15.7. La-Z-Boy Incorporated
15.7.1. Overview
15.7.2. Offerings
15.7.3. Key Financials
15.7.4. Business Segment & Geographic Overview
15.7.5. Key Market Developments
15.7.6. Key Strategies
15.8. Okamura Corporation
15.8.1. Overview
15.8.2. Offerings
15.8.3. Key Financials
15.8.4. Business Segment & Geographic Overview
15.8.5. Key Market Developments
15.8.6. Key Strategies
15.9. Steelcase Inc.
15.9.1. Overview
15.9.2. Offerings
15.9.3. Key Financials
15.9.4. Business Segment & Geographic Overview
15.9.5. Key Market Developments
15.9.6. Key Strategies
15.10. Williams-Sonoma Inc.
15.10.1. Overview
15.10.2. Offerings
15.10.3. Key Financials
15.10.4. Business Segment & Geographic Overview
15.10.5. Key Market Developments
15.10.6. Key Strategies
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