The Household Furniture And Kitchen Cabinet Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Household Furniture And Kitchen Cabinet Global Market Report 2024, The household furniture and kitchen cabinet market size has grown strongly in recent years. It will grow from $379.95 billion in 2023 to $402.91 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to population growth and urbanization, retail expansion and marketing strategies, e-commerce growth, environmental awareness, sustainable and circular furniture practices.
The household furniture and kitchen cabinet market size is expected to see strong growth in the next few years. It will grow to $499.48 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to compact and multifunctional furniture, energy-efficient home products, shift in kitchen design preferences, innovations in materials and finishes, focus on outdoor furniture. Major trends in the forecast period include smart furniture integration, customized kitchen cabinets and storage solutions, open shelving and display cabinets, collaborations with designers, bold colors in furniture, automated and smart kitchen.
The increasing demand for online shopping is expected to help the household furniture and kitchen cabinets market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically, driving the growth of the furniture manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of household furniture and kitchen cabinet manufacturers by giving larger exposure to producers who were confined to one geography.
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The household furniture and kitchen cabinet market covered in this report is segmented –
1) By Type: Household Furniture, Kitchen Cabinet
2) By Type of Material: Metal, Wood, Other Material Types
3) By Distribution Channel: Online, Offline
Subsegments Covered: Wooden Household Furniture, Metal Household Furniture, Plastic Household Furniture, Other Household Furniture
RTA furniture is gaining traction among homeowners and renters globally. This is primarily because RTA furniture are cheap and serves the purpose of quick furnishings. The RTA furniture, also known as Knock Down furniture, is not assembled by the manufacturer and is available in parts with instructions to assemble the piece of furniture. Already popular in developed countries, RTA furniture has been gaining traction in developing economies such as China and India. RTA furniture also benefits manufacturers by eliminating the assembly time and cost of manufacturing, which allows manufacturers to focus only on design and production of parts. Some examples of RTA furniture include RTA bedroom sets, RTA dressers, RTA computer desks, RTA bookcases, and RTA filing cabinets. For instance, IKEA, a major ready to assemble manufacturer, has opened stores in India owing to the high demand for ready to assemble furniture.
The household furniture and kitchen cabinet market report table of contents includes:
- Executive Summary
- Household Furniture And Kitchen Cabinet Market Characteristics
- Household Furniture And Kitchen Cabinet Market Trends And Strategies
- Household Furniture And Kitchen Cabinet Market - Macro Economic Scenario
- Global Household Furniture And Kitchen Cabinet Market Size and Growth
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- Global Household Furniture And Kitchen Cabinet Market Competitive Benchmarking
- Global Household Furniture And Kitchen Cabinet Market Competitive Dashboard
- Key Mergers And Acquisitions In Household Furniture And Kitchen Cabinet Market
- Household Furniture And Kitchen Cabinet Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Samsung Electronics Co. Ltd.
- LG Electronics Inc.
- Haier Smart Home Co. Ltd.
- Dacor Inc.
- Gree Electric Appliances Inc. of Zhuhai
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The Business Research Company published its Household Furniture And Kitchen Cabinet Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global household furniture and kitchen cabinet market.
The report covers the household furniture and kitchen cabinet market’s segments- by type: household furniture; kitchen cabinet, by type of material: metal; wood; others, and by distribution channel: online; offline subsegments covered: wooden household furniture; metal household furniture; plastic household furniture; other household furniture; tall cabinet; sink cabinets; shelving cabinets.View Complete Report: https://www.thebusinessresearchcompany.com/report/household-furniture-and-kitchen-cabinet-global-market-report-2020-30-covid-19-impact-and-recoveryHousehold Furniture And Kitchen Cabinet Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It also compares the market’s historic and forecast growth.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.The demand for small and portable furniture in urban centers is increasing.
Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reportsThe Household Furniture And Kitchen Cabinet Global Market Report 2020-30 by The Business Research Company describes and explains the global household furniture and kitchen cabinet market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030.
The report evaluates the market across each region and for the major economies within each region.The Household Furniture And Kitchen Cabinet Global Market Report 2021 covers household furniture and kitchen cabinet market drivers, household furniture and kitchen cabinet market trends, household furniture and kitchen cabinet market segments, household furniture and kitchen cabinet market growth rate, household furniture and kitchen cabinet market major players, and household furniture and kitchen cabinet market size.View Complete Report: https://www.thebusinessresearchcompany.com/report/household-furniture-and-kitchen-cabinet-global-market-report-2020-30-covid-19-impact-and-recoveryThe household furniture and kitchen cabinet market report provides an in-depth analysis of the impact of COVID-19 on the global household furniture and kitchen cabinet industry, along with revised market numbers due to the effects of the coronavirus and the expected household furniture and kitchen cabinet market growth numbers 2021-2030.Household Furniture And Kitchen Cabinet Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=2972=smpThe global household furniture and kitchen cabinet market is expected to grow from $282.6 billion in 2020 to $343.
billion in 2021 at a compound annual growth rate (CAGR) of 21.%.
The market is expected to reach $426.7 billion in 2025 at a CAGR of 6%.The report covers the household furniture and kitchen cabinet market’s segments-1) By Type: Household Furniture, Kitchen Cabinet.2) By Type of Material: Metal, Wood, Others.3) By Distribution Channel: Online, Offline.Subsegments Covered: Wooden Household Furniture, Metal Household Furniture, Plastic Household Furniture, Other Household Furniture.About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
If you want to change the kitchen furniture then some analysis for the furniture design and cabinet hardware. because there is now a variety are available for the cabinet hardware. Here present the information about the cabinets must consider in the kitchen accessories.
Household Furniture And Kitchen Cabinet Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact – both negative and positive – of COVID-19 on the household furniture and kitchen cabinet industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
This includes revised market numbers according to the effects of the coronavirus and the expected household furniture and kitchen cabinet market growth numbers 2021-2030.View Complete Report:https://www.thebusinessresearchcompany.com/report/household-furniture-and-kitchen-cabinet-global-market-report-2020-30-covid-19-impact-and-recoveryThe Household Furniture And Kitchen Cabinet Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global household furniture and kitchen cabinet market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030.
The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.The Household Furniture And Kitchen Cabinet Global Market Report 2021 covers household furniture and kitchen cabinet market drivers, household furniture and kitchen cabinet market trends, household furniture and kitchen cabinet market growth rate, household furniture and kitchen cabinet market major players, player-adopted strategies in the market, and household furniture and kitchen cabinet market size.The global household furniture and kitchen cabinet market is expected to grow from $282.6 billion in 2020 to $343 billion in 2021 at a compound annual growth rate (CAGR) of 21%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The market is expected to reach $426.7 billion in 2025 at a CAGR of 6%.Request For The Sample Now: https://www.thebusinessresearchcompany.com/sample.aspx?id=2972=smpThe report covers the household furniture and kitchen cabinet market segments- 1) By Type: Household Furniture, Kitchen Cabinet 2) By Type of Material: Metal, Wood, Others 3) By Distribution Channel: Online, OfflineSub-segments Covered: Wooden Household Furniture, Metal Household Furniture, Plastic Household Furniture, And Other Household Furniture.About The Business Research Company: The Business Research Company is a market intelligence firm that excels in company, market, and consumer research.
Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.
The Business Research Company published its Household Furniture And Kitchen Cabinet Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Household Furniture And Kitchen Cabinet market.
The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.The report covers the Household Furniture And Kitchen Cabinet market’s segments-1) By Type: Household Furniture, Kitchen Cabinet2) By Type of Material: Metal, Wood, Others3) By Distribution Channel: Online, Offline.Subsegments covered: Wooden Household Furniture, Metal Household Furniture, Plastic Household Furniture, Other Household Furniture, Tall Cabinet, Sink Cabinets, Shelving Cabinets.View Complete Report:https://www.thebusinessresearchcompany.com/report/household-furniture-and-kitchen-cabinet-global-market-report-2020-30-covid-19-impact-and-recoveryHousehold Furniture And Kitchen Cabinet Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.The global household furniture and kitchen cabinet market is expected to decline from $379.7 billion in 2019 to $363.5 billion in 2020 at a compound annual growth rate (CAGR) of -4.3%.
The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.
The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $429.6 billion in 2023.The demand for small and portable furniture in urban centers is increasing.
