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Home Furniture Market
Home Furniture Market by Product (Beds, Tables & Desks, Chairs & Stools, Recliners, Sofas & Couches, Others), Material (Wood, Metal, Glass, Others), Type (RTA, Prefabricated), Distribution Channel (Offline, Online) & Geography - Global Forecast to 2031
Report ID:MROTH - 1041239 Pages: 260 Jun-2024 Formats*: PDF Category: Others Delivery: 24 to 72 HoursHome Furniture Market Size & Forecast
The Home Furniture Market is expected to reach $720.9 Billion by 2031, at a CAGR of 5.5% from 2024 to 2031. The growth of the home furniture market is driven by increasing demand for luxury furniture, the growing focus on customized home furniture, and the increase in disposable income. However, the inclination towards rental furniture and issues around the availability of suitable raw materials at competitive prices are factors restraining the growth of this market.
Furthermore, the growing focus of key players on omni-channel presence, adoption of technology to visualize the placement of furniture, and rise in urban population are expected to generate growth opportunities for the stakeholders in this market. However, the growing demand for second-hand furniture is a major challenge impacting market growth. Additionally, the rise in demand for sustainable furniture and the development of smart furniture are prominent trends in the home furniture market.
Home Furniture Market Growth Drivers
Increase Demand for Luxury Furniture, Boosting Market Growth
The demand for luxury furniture is flourishing, serving consumers looking for premium home decor. Luxury furniture is known for its premium materials, exceptional craftsmanship, and exquisite designs. Consumers are showing interest in furniture that adds aesthetic value to their homes. Due to the growing demand for luxury furniture, several luxury furniture brands are expanding their business across urban cities. For instance, in October 2023, Durian Industries Ltd. (India)launched a new store in Jaipur, India. This expansive 4800 sq. ft. establishment offers a diverse range of exquisite furniture, including sofas, coffee tables, beds, and more, meticulously crafted to meet the highest standards of quality and durability. Factors such as disposable income, globalization, urbanization, and evolving consumer preferences are driving the demand for luxury furniture.
Growing Focus on Customized Home Furniture Drives the Demand for the Home Furniture
Custom furniture is crafted to fit space perfectly, ensuring optimal functionality and aesthetics. Many furniture companies focus on the mass production of furniture that often lacks the uniqueness and character that many consumers desire. This leads to a growing appreciation for customization, where individuals look for furniture that reflects their personal style and preferences. Furthermore, customized furniture is often perceived as being of higher quality than mass-produced furniture. Companies and artisans majorly focus on selecting the finest materials and paying meticulous attention to detail, resulting in furniture that is not just aesthetically pleasing but also durable and long-lasting. This focus on quality craftsmanship has further contributed to the popularity of customized furniture.
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Home Furniture Market Trend
Rising Demand for Sustainable Furniture
In recent years, as environmental awareness has grown, the furniture business has experienced an increase in sustainable practices and eco-friendly initiatives. Customers are looking for eco-friendly furniture that has less impact on the environment. This approach is shifting the customer's preference towards sustainable furniture crafted from recycled materials and eco-friendly woods such as bamboo and acacia. Sustainable furniture is made from renewable, recyclable, or biodegradable materials and is designed to have a minimal negative impact on the environment. This includes using materials like bamboo, recycled wood, and organic cotton and avoiding materials that are harmful to the environment, like plastics and toxic chemicals. This approach of companies and growing preference for sustainably made furniture is expected to drive the demand for furniture.
Home Furniture Market Opportunity
Growing Focus of Key Players on Omni-channel Presence Expected to Generate Growth Opportunities for Market Players
Omnichannel commerce is a multi-faceted approach to sales that is focused on providing seamless customer experiences across multiple channels. With a strong omnichannel strategy in place, key players operating in the home furniture market are offering customers more value, personalized communication, and 24/7 availability of customer service. This translates to superior customer experience management, optimal brand performance, customer retention, and lasting brand loyalty. Key players are focusing on strategies to strengthen their omnichannel presence. For instance, in April 2023, Ingka Group (Netherlands), the largest IKEA retailer, announced an investment of more than USD 2.2 billion (EUR 2 billion) in omnichannel growth in the United States over the next three years. Hence, the increased focus of key players on strengthening omni-channel presence is expected to provide opportunities to players operating in the home furniture market.
Adoption of Technology to Visualize the Placement of Furniture Expected to Generate Growth Opportunities for Market Players
The furniture industry is experiencing a remarkable transformation with the adoption of technology for the visualization of furniture placement. AR/VR is a revolutionary technology in the furniture industry, allowing manufacturers, designers, and customers to superimpose virtual furniture pieces in real-world settings. The AR/VR applications are useful for placing the preferred furniture piece in a real space, thus giving a perception of scale, design, color, and the way the space will look after the placement of the furniture pieces. Several players are implementing AR capabilities in applications and websites. For instance, IKEA Group (Netherlands) offers IKEA Place, an augmented reality (AR) application, to let customers experience how furniture pieces look in space. Hence, the increased adoption of such technology for the visualization of furniture is expected to create demand for home furniture in the coming years.
Home Furniture Market Analysis: Key Findings
By Product: In 2024, the Beds Segment to Dominate the Home Furniture Market
Based on product, the home furniture market is segmented into beds, tables & desks, chairs & stools, wardrobes, cabinets & shelves; recliners, sofas & couches; dining table, and other furniture. In 2024, the beds segment is expected to account for the largest share of above 26.0% of the home furniture market. The segment’s large market share is mainly attributed to factors such as the necessity of a bed for resting, growing awareness regarding the need for quality sleep, and increased focus of customers on improving their lifestyles.
However, the wardrobes, cabinets, & shelves segment is expected to record the highest CAGR during the forecast period. This segment's growth is mainly driven by changes in lifestyles, the increasing use of cabinetry in interior design and home décor, and the rise in disposable incomes.
By Material: In 2024, the Wood Segment to Dominate the Home Furniture Market
Based on material, the home furniture market is segmented into wood, metal, glass, plastic, and other materials. In 2024, the wood segment is expected to account for the largest share of above 64.0% of the home furniture market. The wood segment is further segmented into hard wood, soft wood, and engineered wood. The segment’s large share is mainly attributed to factors such as increased demand for handcrafted furniture, availability & suitability of several wood types for manufacturing furniture, and ease of processing and dimensional stability.
Moreover, the wood segment is expected to record the highest CAGR during the forecast period. This segment's growth is mainly driven by increasing demand for sustainable wood furniture, the growing use of engineered wood, and companies' growing focus on using eco-friendly woods such as bamboo and acacia for manufacturing furniture.
By Type: In 2024, the Prefabricated Furniture Segment to Dominate the Home Furniture Market
Based on type, the home furniture market is segmented into ready-to-assemble (RTA) furniture and prefabricated furniture. In 2024, the prefabricated furniture segment is expected to account for the larger share of the home furniture market. The segment’s large share is mainly attributed to the strong focus of companies operating in the furniture industry on mass-producing furniture, the increase in spending on home décor by customers, and the increased demand for furniture on e-commerce platforms.
However, the ready-to-assemble (RTA) furniture segment is expected to record the highest CAGR during the forecast period. The segment’s growth is mainly driven by its affordability than prefabricated furniture, the growing inclination of the customers to build personalize and design furniture on their own, and reduced labor charges.
By Distribution Channel: In 2024, the Offline Channel Segment to Dominate the Home Furniture Market
Based on distribution channel, the home furniture market is segmented into offline channel, and online channel. In 2024, the offline channel segment is expected to account for the larger share of above 71.0% of the home furniture market. The segment’s large share is mainly attributed to the growing number of local players, the increased focus of key players on expanding retail store chains across cities, and the growing customer preference for the touch and feel of the product.
Moreover, the online channel segment is expected to record the highest CAGR during the forecast period. This segment's growth is mainly driven by the increased use of e-commerce furniture sales, the growing focus of retail furniture stores on omni-channel presence, evolving customer preferences, and the growing adoption of AR technology by furniture retailers.
Geographical Analysis
In 2024, Asia-Pacific Region to Dominate the Home Furniture Market
In 2024, Asia-Pacific is expected to account for the largest share of above 42.0% of the home furniture market. The large market share of this segment is attributed to the availability of raw materials such as wood in the region, the presence of local players, the presence of a large number of households, the availability of low-cost and skilled workforce, and the growing investment of key players for expanding operations in the region.
Moreover, the Asia-Pacific region is also projected to register the highest CAGR of 6.5% during the forecast period. The growth of this region is mainly driven by a rise in urban population, increased spending on e-commerce, rapid housing development across the region, and growing disposable income in the region.
Home Furniture Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last 3 to 4 years. Some of the key players operating in the home furniture market are Inter IKEA Group (Netherlands), MillerKnoll, Inc. (U.S.), The AZEK Company Inc. (U.S.), La-Z-Boy Incorporated (U.S.), Arhaus, Inc. (U.S.), Williams-Sonoma Inc. (U.S.), KARTELL S.p.A. (Italy), RH (Restoration Hardware) (U.S.), Ashley Furniture International (U.S.), Steelcase Inc. (U.S.), Ethan Allen Interiors Inc. (U.S.), The Lovesac Company (U.S.), Hooker Furnishings Corporation (U.S.), Westwing Group SE (Germany), and Flexsteel Industries, Inc. (U.S.).
Home Furniture Industry Overview: Latest Developments from Key Industry Players
- In March 2024, MillerKnoll, Inc. (U.S.), a global furniture provider, announced the opening of its sixth Dealer Showroom in Chennai.
- In September 2023, La-Z-Boy Incorporated (U.S.) launched next-gen 3D product configuration and WebAR OnDemand technology, which is available on their website. The upgraded product configurations and the addition of appless AR provide an immersive brand experience that bridges online product research with the in-store experience.
Home Furniture Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
260 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
5.5% |
|
Market Size (Value) |
USD 720.9 Billion by 2031 |
|
Segments Covered |
By Products
By Material
By Type
By Distribution Channel
|
|
Countries Covered |
Europe (U.K., Germany, France, Italy, Spain, Sweden, Switzerland, Netherlands, Norway, Austria, Denmark, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Australia, Malaysia, Rest of Asia-Pacific), North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of Latin America), and the Middle East & Africa (Israel, UAE, Rest of Middle East & Africa) |
|
Key Companies |
Inter IKEA Group (Netherlands), MillerKnoll, Inc. (U.S.), The AZEK Company Inc. (U.S.), La-Z-Boy Incorporated (U.S.), Arhaus, Inc. (U.S.), Williams-Sonoma Inc. (U.S.), KARTELL S.p.A. (Italy), RH (Restoration Hardware) (U.S.), Ashley Furniture International (U.S.), Steelcase Inc. (U.S.), Ethan Allen Interiors Inc. (U.S.), The Lovesac Company (U.S.), Hooker Furnishings Corporation (U.S.), Westwing Group SE (Germany), and Flexsteel Industries, Inc. (U.S.) |
Key questions answered in the home furniture market report:
The home furniture market study focuses on market assessment and opportunity analysis through the sales of home furniture across different competitive analysis for home furniture based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies.
The home furniture market is expected to reach $720.9 billion by 2031, at a CAGR of 5.5% from 2024 to 2031.
In 2024, the bed segment is expected to hold the largest share of the home furniture market.
The online channel segment is expected to register the highest CAGR during the forecast period.
The growth of the home furniture market is driven by increased demand for luxury furniture, a growing focus on customized home furniture, and an increase in disposable income. Furthermore, key players' growing focus on omni-channel presence, adoption of technology to visualize the placement of furniture, and the rise in urban population is expected to generate growth opportunities for the stakeholders in this market.
Key players operating in the home furniture market are Inter IKEA Group (Netherlands), MillerKnoll, Inc. (U.S.), The AZEK Company Inc. (U.S.), La-Z-Boy Incorporated (U.S.), Arhaus, Inc. (U.S.), Williams-Sonoma Inc. (U.S.), KARTELL S.p.A. (Italy), RH (Restoration Hardware) (U.S.), Ashley Furniture International (U.S.), Steelcase Inc. (U.S.), Ethan Allen Interiors Inc. (U.S.), The Lovesac Company (U.S.), Hooker Furnishings Corporation (U.S.), Westwing Group SE (Germany), and Flexsteel Industries, Inc. (U.S.).
Asia-Pacific is expected to record a higher CAGR during the forecast period.
1. Introduction
1.1. Market Definition & Scope
1.2. Currency & Limitations
1.2.1. Currency
1.2.2. Limitations
2. Research Methodology
2.1. Research Approach
2.2. Process of Data Collection and Validation
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast
2.4. Assumptions for the Study
3. Executive Summary
3.1. Market Overview
3.2. Market Analysis, by Product
3.3. Market Analysis, by Material
3.4. Market Analysis, by Type
3.5. Market Analysis, by Distribution Channel
3.6. Market Analysis, by Geography
3.7. Competition Analysis
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Rising Demand for Luxury Furniture
4.2.1.2. Growing Focus on Customized Home Furniture
4.2.1.3. Increase in Disposable Income
4.2.2. Restraints
4.2.2.1. Inclination towards Rental Furniture
4.2.2.2. Issues Around Availability of Suitable Raw Material at Competitive Prices
4.2.3. Opportunities
4.2.3.1. Growing Focus of Key Players on Omni-channel Presence
4.2.3.2. Adoption of Technology to Visualize the Placement of Furniture
4.2.3.3. Rise in Urban Population
4.2.4. Challenges
4.2.4.1. Growing Demand for Second-hand Furniture
4.3. Trends
4.3.1. The Rise In Demand Of Sustainable Furniture
4.3.2. Development of Smart Furniture
4.4. Porter's Five Forces Analysis
4.4.1. Bargaining Power of Buyers
4.4.2. Bargaining Power of Suppliers
4.4.3. Threat of Substitutes
4.4.4. Threat of New Entrants
4.4.5. Degree of Competition
4.5. Vendor Selection Criteria/Factors Influencing Buying Decisions
4.6. Value Chain Analysis
5. Home Furniture Market Assessment—by Product
5.1. Overview
5.2. Beds
5.3 Tables & Desks
5.4. Chairs & Stools
5.5. Wardrobes, Cabinets & Shelves
5.6. Recliners, Sofas & Couches
5.7. Dining Set
5.8. Other Furniture
6. Home Furniture Market Assessment—by Material
6.1. Overview
6.2. Wood
6.2.1. Hard Wood
6.2.2. Soft Wood
6.2.3. Engineered Wood
6.3. Metal
6.4. Glass
6.5. Plastic
6.6. Other Materials
7. Home Furniture Market Assessment—by Type
7.1. Overview
7.2. Ready-to-assemble (RTA) Furniture
7.3. Prefabricated Furniture
8. Home Furniture Market Assessment—by Distribution Channel
8.1. Overview
8.2. Offline Channel
8.2.1. Superstore
8.2.2. Hyperstore
8.2.3. Speciality Store
8.3. Online Channel
9. Home Furniture Market Assessment—by Geography
9.1. Overview
9.2. Europe
9.2.1. U.K.
9.2.2. Germany
9.2.3. France
9.2.4. Italy
9.2.5. Spain
9.2.6. Sweden
9.2.7. Switzerland
9.2.8. Netherlands
9.2.9. Norway
9.2.10. Austria
9.2.11. Denmark
9.2.12. Rest of Europe
9.3. Asia Pacific
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. South Korea
9.3.5. Singapore
9.3.6. Australia
9.3.7. Malaysia
9.3.8. Rest of Asia Pacific
9.4. North America
9.4.1. U.S.
9.4.2. Canada
9.5. Latin America
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
9.6. Middle East & Africa
9.6.1. Israel
9.6.2. UAE
9.6.3. Rest of Middle East & Africa
10. Competition Analysis
10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Competitive Dashboard
10.4.1. Industry Leaders
10.4.2. Market Differentiators
10.4.3. Vanguards
10.4.4. Emerging Companies
10.5. Market Ranking by Key Players
11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Developments)
11.1. Inter IKEA Group
11.2. MillerKnoll, Inc.
11.3. The AZEK Company Inc.
11.4. La-Z-Boy Incorporated
11.5. Arhaus, Inc.
11.6. Williams-Sonoma Inc.
11.7. KARTELL S.p.A.
11.8. RH (Restoration Hardware)
11.9. Ashley Furniture International
11.10. Steelcase Inc.
11.11. Ethan Allen Interiors Inc.
11.12. The Lovesac Company
11.13. Hooker Furnishings Corporation
11.14. Westwing Group SE
11.15. Flexsteel Industries, Inc.
(Note: SWOT analyses of the top 5 companies will be provided.)
12. Appendix
12.1. Available Customizations
12.2. Related Reports
List of Tables
Table 1 Currency Conversion Rate (2019–2023)
Table 2 Global Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 3 Global Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 4 Global Beds Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Tables & Desks Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Chairs & Stools Market, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Wardrobes, Cabinets & Shelves Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Recliner, Sofas & Couches Market, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Dining Set Market, by Country/Region, 2022–2031 (USD Million)
Table 10 Global Other Furnitures Market, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 12 Global Home Wood Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 14 Global Home Hard Wood Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 15 Global Home Soft Wood Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Home Engineered Wood Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 17 Global Home Metal Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Home Glass Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Home Plastic Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 20 Global Home Other Materials Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 22 Global Ready-to-assemble (RTA) Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 23 Global Prefabricated Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 24 Global Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 25 Global Offline Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 26 Global Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 27 Global Superstore Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 28 Global Hyperstore Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 29 Global Speciality Store Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 30 Global Online Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 31 Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 32 North America: Home Furniture Market, by Country, 2022–2031 (USD Million)
Table 33 North America: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 34 North America: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 35 North America: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 36 North America: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 37 North America: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 38 North America: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 39 U.S.: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 40 U.S.: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 41 U.S.: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 42 U.S.: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 43 U.S.: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 44 U.S.: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 45 Canada: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 46 Canada: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 47 Canada: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 48 Canada: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 49 Canada: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 50 Canada: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 51 Europe: Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 52 Europe: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 53 Europe: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 54 Europe: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 55 Europe: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 56 Europe: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 57 Europe: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 58 Germany: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 59 Germany: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 60 Germany: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 61 Germany: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 62 Germany: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 63 Germany: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 64 U.K.: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 65 U.K.: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 66 U.K.: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 67 U.K.: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 68 U.K.: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 69 U.K.: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 70 Italy: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 71 Italy: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 72 Italy: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 73 Italy: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 74 Italy: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 75 Italy: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 76 France: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 77 France: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 78 France: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 79 France: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 80 France: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 81 France: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 82 Spain: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 83 Spain: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 84 Spain: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 85 Spain: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 86 Spain: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 87 Spain: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 88 Switzerland: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 89 Switzerland: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 90 Switzerland: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 91 Switzerland: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 92 Switzerland: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 93 Switzerland: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 94 Netherlands: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 95 Netherlands: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 96 Netherlands: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 97 Netherlands: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 98 Netherlands: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 99 Netherlands: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 100 Norway: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 101 Norway: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 102 Norway: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 103 Norway: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 104 Norway: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 105 Norway: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 106 Sweden: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 107 Sweden: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 108 Sweden: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 109 Sweden: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 110 Sweden: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 111 Sweden: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 112 Denmark: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 113 Denmark: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 114 Denmark: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 115 Denmark: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 116 Denmark: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 117 Denmark: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 118 Austria: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 119 Austria: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 120 Austria: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 121 Austria: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 122 Austria: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 123 Austria: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 124 Rest of Europe: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 125 Rest of Europe: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 126 Rest of Europe: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 127 Rest of Europe: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 128 Rest of Europe: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 129 Rest of Europe: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 130 Asia-Pacific: Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 131 Asia-Pacific: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 132 Asia-Pacific: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 133 Asia-Pacific: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 134 Asia-Pacific: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 135 Asia-Pacific: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 136 Asia-Pacific: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 137 China: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 138 China: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 139 China: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 140 China: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 141 China: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 142 China: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 143 Japan: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 144 Japan: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 145 Japan: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 146 Japan: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 147 Japan: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 148 Japan: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 149 India: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 150 India: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 151 India: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 152 India: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 153 India: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 154 India: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 155 South Korea: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 156 South Korea: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 157 South Korea: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 158 South Korea: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 159 South Korea: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 160 South Korea: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 161 Singapore: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 162 Singapore: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 163 Singapore: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 164 Singapore: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 165 Singapore: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 166 Singapore: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 167 Australia: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 168 Australia: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 169 Australia: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 170 Australia: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 171 Australia: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 172 Australia: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 173 Malaysia: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 174 Malaysia: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 175 Malaysia: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 176 Malaysia: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 177 Malaysia: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 178 Malaysia: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 179 Rest of Asia-Pacific: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 180 Rest of Asia-Pacific: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 181 Rest of Asia-Pacific: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 182 Rest of Asia-Pacific: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 183 Rest of Asia-Pacific: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 184 Rest of Asia-Pacific: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 185 Latin America: Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 186 Latin America: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 187 Latin America: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 188 Latin America: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 189 Latin America: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 190 Latin America: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 191 Latin America: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 192 Brazil: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 193 Brazil: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 194 Brazil: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 195 Brazil: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 196 Brazil: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 197 Brazil: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 198 Mexico: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 199 Mexico: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 200 Mexico: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 201 Mexico: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 202 Mexico: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 203 Mexico: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 204 Rest of Latin America: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 205 Rest of Latin America: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 206 Rest of Latin America: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 207 Rest of Latin America: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 208 Rest of Latin America: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 209 Rest of Latin America: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 210 Middle East & Africa: Home Furniture Market, by Country/Region, 2022–2031 (USD Million)
Table 211 Middle East & Africa: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 212 Middle East & Africa: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 213 Middle East & Africa: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 214 Middle East & Africa: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 215 Middle East & Africa: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 216 Middle East & Africa: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 217 Israel: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 218 Israel: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 219 Israel: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 220 Israel: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 221 Israel: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 222 Israel: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 223 UAE: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 224 UAE: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 225 UAE: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 226 UAE: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 227 UAE: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 228 UAE: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 229 Rest of Middle East & Africa: Home Furniture Market, by Product, 2022–2031 (USD Million)
Table 230 Rest of Middle East & Africa: Home Furniture Market, by Material, 2022–2031 (USD Million)
Table 231 Rest of Middle East & Africa: Home Wood Furniture Market, by Type, 2022–2031 (USD Million)
Table 232 Rest of Middle East & Africa: Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 233 Rest of Middle East & Africa: Home Furniture Market, by Distribution Channel, 2022–2031 (USD Million)
Table 234 Rest of Middle East & Africa: Offline Home Furniture Market, by Type, 2022–2031 (USD Million)
Table 235 Recent Developments by Major Market Players (2021–2024)
Table 236 Top Companies In the Home Furniture Market
List of Figures
Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown Of Primary Interviews (Supply-side & Demand-side)
Figure 8 Market Sizing And Growth Forecast Approach
Figure 9 Key Insights
Figure 10 Home Furniture Market, by Product, 2024 Vs. 2031 (USD Million)
Figure 11 Home Furniture Market, by Material, 2024 Vs. 2031 (USD Million)
Figure 12 Home Furniture Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 13 Home Furniture Market, by Distribution Channel, 2024 Vs. 2031 (USD Million)
Figure 14 Geographic Snapshot: Global Home Furniture Market
Figure 15 Impact Analysis Of Market Dynamics
Figure 16 Porter’s Five Forces Analysis
Figure 17 Vendor Selection Criteria/Factors Influencing Buying Decisions
Figure 18 Value Chain Analysis: Home Furniture Market
Figure 19 Global Home Furniture Market, by Product, 2024 Vs. 2031 (USD Million)
Figure 20 Global Home Furniture Market, by Material, 2024 Vs. 2031 (USD Million)
Figure 21 Global Home Furniture Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 22 Global Home Furniture Market, by Distribution Channel, 2024 Vs. 2031 (USD Million)
Figure 23 Home Furniture Market, by Region, 2024 Vs. 2031 (USD Million)
Figure 24 Asia-Pacific: Home Furniture Market Snapshot
Figure 25 Europe: Home Furniture Market Snapshot
Figure 26 North America: Home Furniture Market Snapshot
Figure 27 Latin America: Home Furniture Market Snapshot
Figure 28 Middle East & Africa: Home Furniture Market Snapshot
Figure 29 Growth Strategies Adopted by Leading Market Players (2021–2024)
Figure 30 Recent Developments by Major Market Players (2021–2024)
Figure 31 Vendor Market Positioning Analysis (2021–2024)
Figure 32 Competitive Dashboard: Home Furniture Market
Figure 33 Inter IKEA Group: Financial Overview
Figure 34 MillerKnoll, Inc.: Financial Overview
Figure 35 The AZEK Company Inc.: Financial Overview
Figure 36 La-Z-Boy Incorporated: Financial Overview
Figure 37 Arhaus, Inc.: Financial Overview
Figure 38 Williams-Sonoma Inc.: Financial Overview
Figure 39 RH: Financial Overview
Figure 40 Ashley Furniture International: Financial Overview
Figure 41 Steelcase Inc.: Financial Overview
Figure 42 The Lovesac Company: Financial Overview
Figure 43 Hooker Furnishings Corporation: Financial Overview
Figure 44 Westwing Group SE: Financial Overview
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