Market Overview:
The global chests of drawers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for chests of drawers in residential and commercial applications. Additionally, the growing popularity of chest-of-drawers among consumers owing to its functionality and aesthetic appeal is also propelling the growth of this market. The global chests of drawers market can be segmented on the basis of type, application, and region. On the basis of type, the global chest-of-drawer market can be segmented into oak, pine, birch, and others. Oak is expected to account for a major share in terms revenue contribution in 2018 owing to its high durability and aesthetic appeal. Pine is also anticipated register significant growth duringthe forecast period due increased demand from residential applications across various regions globally Birchis projectedto witness highest CAGR overthe forecast period as it offers several advantages such as termite resistanceand low maintenance cost over other types available inthemarket .
Product Definition:
Chests of drawers are a type of storage furniture that typically has four or more drawers. They are used to store clothing, linens, and other items. Chests of drawers are important for storing clothes because they can provide a lot of space in a small amount of room.
Oak:
It is a tree that can grow in many different forms, the oak tree has acorns which are used to make good quality wine and oil. The oaks have many uses in furniture making also, it's wood is used for making drawers and chest of drawers. Oak wood helps to keep bugs away from the crops also it repels them with its strong smell.
Pine:
Pine is a woody, softwooded tree species of the genus Pinus. It's dicotyledonous counterpart species is known as "loblolly pine". The generic name "Pinus" comes from the Latin word meaning "pine cone". There are only four living species of pine: Pinus banksiana, Pinus elliottii, Pinus gerardii and Pinus palustris.
Application Insights:
The residential application segment accounted for the largest share of more than 60.0% in 2017. Rising demand for chests of drawers in single-family houses, apartments, and multi-family residential buildings are expected to drive the global market over the forecast period. Increasing urbanization across various regions is likely to augment product demand in near future as well.
Commercial application is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing adoption by designers and architects who are increasingly incorporating these into their furniture designs for storage purposes along with providing an aesthetic appeal along with functionality as well as space optimization benefits thereby driving product demand over the forecast period.
The Asia Pacific region has been witnessing significant growth due largely on account of rising manufacturing activities within China.
Regional Analysis:
North America dominated the global chests of drawers market in 2017. The region is expected to maintain its position during the forecast period. Increasing demand for furniture with storage space is one of the key factors driving regional growth. Moreover, consumers are increasingly preferring solid wood furniture owing to its aesthetic appeal and durability as compared to manufactured products. This trend will continue to drive product demand in North America over the coming years.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing consumer preference towards Asian made wooden products due their low prices and high quality as compared European counterparts’ In addition, rising disposable income levels coupled with growing real estate sector in developing countries such as India.
Europe was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for bedroom furniture in the developing countries
- Rising income levels of the population
- Growing popularity of chest of drawers among the youngsters
- Increasing trend of using customized furniture
- Availability of a wide range of designs and colors in the market
Scope Of The Report
Report Attributes
Report Details
Report Title
Chests of Drawers Market Research Report
By Type
Oak, Pine, Birch, Others
By Application
Residential, Commercial
By Companies
Ikea, Argos, Lema, Porro, LeCadre, Tomasella, ColombiniCasa, Febal Casa, Morelato, Cantori
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Chests of Drawers Market Report Segments:
The global Chests of Drawers market is segmented on the basis of:
Types
Oak, Pine, Birch, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ikea
- Argos
- Lema
- Porro
- LeCadre
- Tomasella
- ColombiniCasa
- Febal Casa
- Morelato
- Cantori
Highlights of The Chests of Drawers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oak
- Pine
- Birch
- Others
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chests of Drawers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A chest of drawers is a furniture piece that typically consists of a series of open shelves or compartments, each with its own door.
Some of the major players in the chests of drawers market are Ikea, Argos, Lema, Porro, LeCadre, Tomasella, ColombiniCasa, Febal Casa, Morelato, Cantori.
The chests of drawers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chests of Drawers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chests of Drawers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chests of Drawers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chests of Drawers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chests of Drawers Market Size & Forecast, 2020-2028
4.5.1 Chests of Drawers Market Size and Y-o-Y Growth
4.5.2 Chests of Drawers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Oak
5.2.2 Pine
5.2.3 Birch
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chests of Drawers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chests of Drawers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Oak
9.6.2 Pine
9.6.3 Birch
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Oak
10.6.2 Pine
10.6.3 Birch
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Oak
11.6.2 Pine
11.6.3 Birch
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Oak
12.6.2 Pine
12.6.3 Birch
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Oak
13.6.2 Pine
13.6.3 Birch
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chests of Drawers Market: Competitive Dashboard
14.2 Global Chests of Drawers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ikea
14.3.2 Argos
14.3.3 Lema
14.3.4 Porro
14.3.5 LeCadre
14.3.6 Tomasella
14.3.7 ColombiniCasa
14.3.8 Febal Casa
14.3.9 Morelato
14.3.10 Cantori
