Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global DIY Furniture Market by Type (Metal, Wood, Plastic, Glass, Others), By Application (Residential, Commercial) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global DIY Furniture Market by Type (Metal, Wood, Plastic, Glass, Others), By Application (Residential, Commercial) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 290556 4200 Consumer Goods 377 163 Pages 4.5 (48)
                                          

Market Overview:


The global DIY furniture market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for customized furniture, rising disposable income, and growing awareness about DIY projects. The global DIY furniture market is segmented on the basis of type into metal, wood, plastic, glass, and others. The wood segment is expected to hold the largest share in the global DIY furniture market during the forecast period owing to its properties such as durability and strength. However, with technological advancements leading to new materials being developed every day, other segments such as plastic and glass are also expected to grow at a high rate during the forecast period. On basis of application, residential applications are anticipated dominate over commercial applications in terms of revenue contribution throughoutthe forecast period; however there will be higher growth rates witnessed for commercial applications due rising number office spaces across globe .Regionally North America accounted for larger revenue share followed by Europe in 2017 .


Global DIY Furniture Industry Outlook


Product Definition:


DIY furniture is furniture that is made by the person who will be using it, as opposed to buying it pre-made. This type of furniture is often more affordable, and can be tailored to fit the specific needs of the person making it. DIY furniture can also add a personal touch to a home, and can be a fun project for people who enjoy crafts or woodworking.


Metal:


Metal is one of the most important raw materials used in furniture production. It provides strength, rigidity, and durability to a product. The metal furniture market has been witnessing significant growth over the past few years owing to its increasing demand from residential and commercial applications including beds, dressers, chairs & tables, storage units etc. In addition to this growing demand for metal based products from various end-use industries such as hospitality and healthcare have also contributed towards industry growth over the past few years.


Wood:


Wood is one of the most commonly used materials for making furniture. It can be classified as hardwood and softwood based on its properties. Hardwood includes species such as oak, maple, rosewood, teak; whereas soft wood includes pine among others. Wood is available in various forms such as plywood, particle board & MDF (medium density fiberboard), veneers & laminates among others.


Application Insights:


The commercial application segment dominated the global DIY furniture market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to a rise in demand from residential as well as commercial sectors such as hotels, restaurants and offices. Increasing infrastructural development across the globe has supported the growth of this segment over recent years.


The residential application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising disposable income among consumers coupled with an increase in their spending capacity due to rapid economic development over past two decades globally since 1990s including China, India.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing disposable income, growing population of millennials and rapid urbanization in countries, such as Canada and Mexico. Moreover, rising number of housing constructions due to growing population is also anticipated to drive demand for furniture products in this region over the forecast period.


Asia Pacific is projected to witness significant growth from 2018 to 2030 owing herring economy developing economies including China.


Growth Factors:


  • Increasing disposable income of the population: The disposable income of the population is increasing, which is resulting in an increase in demand for DIY furniture.
  • Rising popularity of home improvement shows: Home improvement shows are becoming increasingly popular, and this is resulting in an increase in demand for DIY furniture.
  • Availability of a wide range of DIY furniture products: A wide range of DIY furniture products is available in the market, which is making it easier for consumers to find what they are looking for.
  • Growing trend towards customization: There is a growing trend towards customization among consumers, who want to be able to personalize their furniture according to their own preferences and needs.

Scope Of The Report

Report Attributes

Report Details

Report Title

DIY Furniture Market Research Report

By Type

Metal, Wood, Plastic, Glass, Others

By Application

Residential, Commercial

By Companies

HNI Corporation, Okamura, Ashley Furniture Industries, Steelcase, Herman Miller, Kokuyo, Williams-Sonoma, Godrej, IKEA, Creative Wood, HNI Corporation, Wipro Furniture, Steelcase

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

163

Number of Tables & Figures

115

Customization Available

Yes, the report can be customized as per your need.


Global DIY Furniture Market Report Segments:

The global DIY Furniture market is segmented on the basis of:

Types

Metal, Wood, Plastic, Glass, 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:

  1. HNI Corporation
  2. Okamura
  3. Ashley Furniture Industries
  4. Steelcase
  5. Herman Miller
  6. Kokuyo
  7. Williams-Sonoma
  8. Godrej
  9. IKEA
  10. Creative Wood
  11. HNI Corporation
  12. Wipro Furniture
  13. Steelcase

Global DIY Furniture Market Overview


Highlights of The DIY Furniture Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Metal
    2. Wood
    3. Plastic
    4. Glass
    5. Others
  1. By Application:

    1. Residential
    2. Commercial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the DIY Furniture 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

Global DIY Furniture Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


DIY furniture is furniture that is made by the individual. This can include pieces like a table or chair that are made from scratch, or items that are modified or rebuilt from existing pieces.

Some of the key players operating in the diy furniture market are HNI Corporation, Okamura, Ashley Furniture Industries, Steelcase, Herman Miller, Kokuyo, Williams-Sonoma, Godrej, IKEA, Creative Wood, HNI Corporation, Wipro Furniture, Steelcase.

The diy furniture market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DIY Furniture 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 DIY Furniture Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 DIY Furniture 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 DIY Furniture 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 DIY Furniture Market Size & Forecast, 2018-2028       4.5.1 DIY Furniture Market Size and Y-o-Y Growth       4.5.2 DIY Furniture Market Absolute $ Opportunity

Chapter 5 Global DIY Furniture 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 DIY Furniture Market Size Forecast by Type
      5.2.1 Metal
      5.2.2 Wood
      5.2.3 Plastic
      5.2.4 Glass
      5.2.5 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global DIY Furniture 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 DIY Furniture Market Size Forecast by Applications
      6.2.1 Residential
      6.2.2 Commercial
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global DIY Furniture 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 DIY Furniture 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 DIY Furniture Analysis and Forecast
   9.1 Introduction
   9.2 North America DIY Furniture 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 DIY Furniture Market Size Forecast by Type
      9.6.1 Metal
      9.6.2 Wood
      9.6.3 Plastic
      9.6.4 Glass
      9.6.5 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 DIY Furniture 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 DIY Furniture Analysis and Forecast
   10.1 Introduction
   10.2 Europe DIY Furniture 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 DIY Furniture Market Size Forecast by Type
      10.6.1 Metal
      10.6.2 Wood
      10.6.3 Plastic
      10.6.4 Glass
      10.6.5 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 DIY Furniture 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 DIY Furniture Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific DIY Furniture 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 DIY Furniture Market Size Forecast by Type
      11.6.1 Metal
      11.6.2 Wood
      11.6.3 Plastic
      11.6.4 Glass
      11.6.5 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 DIY Furniture 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 DIY Furniture Analysis and Forecast
   12.1 Introduction
   12.2 Latin America DIY Furniture 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 DIY Furniture Market Size Forecast by Type
      12.6.1 Metal
      12.6.2 Wood
      12.6.3 Plastic
      12.6.4 Glass
      12.6.5 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 DIY Furniture 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) DIY Furniture Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) DIY Furniture 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) DIY Furniture Market Size Forecast by Type
      13.6.1 Metal
      13.6.2 Wood
      13.6.3 Plastic
      13.6.4 Glass
      13.6.5 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) DIY Furniture 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 DIY Furniture Market: Competitive Dashboard
   14.2 Global DIY Furniture Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 HNI Corporation
      14.3.2 Okamura
      14.3.3 Ashley Furniture Industries
      14.3.4 Steelcase
      14.3.5 Herman Miller
      14.3.6 Kokuyo
      14.3.7 Williams-Sonoma
      14.3.8 Godrej
      14.3.9 IKEA
      14.3.10 Creative Wood
      14.3.11 HNI Corporation
      14.3.12 Wipro Furniture
      14.3.13 Steelcase

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