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 .
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:
- HNI Corporation
- Okamura
- Ashley Furniture Industries
- Steelcase
- Herman Miller
- Kokuyo
- Williams-Sonoma
- Godrej
- IKEA
- Creative Wood
- HNI Corporation
- Wipro Furniture
- Steelcase
Highlights of The DIY Furniture 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:
- Metal
- Wood
- Plastic
- Glass
- 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 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
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?
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