Market Overview:
The global upholstery furniture 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 upholstery furniture from households and commercial establishments across the globe. In addition, rising disposable income and changing lifestyle preferences are also contributing to the growth of this market. The global upholstery furniture market is segmented on the basis of type, application, and region. On the basis of type, sofas & chairs, beds & mattresses, and others are included in this study. Sofas & chairs held a major share in 2017 owing to their growing popularity among consumers for their comfort and aesthetic appeal. Beds & mattresses are also witnessing high demand due to their numerous health benefits such as improved sleep quality and reduced stress levels. Based on application, household accounted for a majority share in 2017 followed by commercial applications such as hotels, restaurants etc., owing to rising consumer spending on home furnishings globally .Region-wise ,the global upholstery furniture market is segmented into North America , Latin America , Europe Asia Pacific (APAC),and Middle East Africa (MEA). APAC held a dominant position in terms of revenue contribution in 2017 followed by Europe .
Product Definition:
Upholstery furniture is furniture that has been covered with some type of upholstery. This can be a fabric, leather, or even a vinyl. Upholstery furniture is important because it can add comfort and style to a room.
Sofas & Chairs:
Sofas & chairs are the two main categories in upholstery furniture. Sofa is a seating device, usually designed as a single or double bed with an attached armrest and back support; it is primarily used for relaxation and leisure purposes. Chairs are used to sit on or lean against; they can be fixed to tables, each other, or into wall cabinets. They come in various forms such as lounge chair, kitchen chair etc., depending upon their usage.
Beds & Mattresses:
Beds and mattresses are used in upholstery furniture to provide support and comfort to the user. The product is available in different forms such as Platform, Cot, Sofa & Cribs, Bunk Bed with Storage Unit and Single Bed with Dresser & Chest of Drawers.
Application Insights:
The household application segment accounted for the largest share of more than 60.0% in 2017. The growing trend of living room remodeling is expected to remain a key factor driving the demand for upholstery furniture in this segment over the forecast period. In addition, an increase in consumer disposable income has led to an increase in demand for home dĩcor and improvement in lifestyle, which has further increased upholstery product sales within households across various regions globally.
The commercial application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising renovation activities within hotels and restaurants sector that are increasingly focusing on providing comfortable seating experience along with aesthetic appeal of their interiors, thereby leading towards higher consumption of upholstery products such as sofas and chairs by these industries globally over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing demand for upholstery furniture in the region, which is majorly driven by rising number of households due to growing population. In addition, presence of key players such as Knoll Inc., Herman Miller and Steelcase Inc. has contributed significantly to regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing product adoption in countries such as China and India on account commercial spaces like hotels, restaurants.
Growth Factors:
- Increasing disposable income of the population: The growth in the upholstery furniture market is majorly attributed to the increasing disposable income of the population, especially in developing countries. This has led to an increase in demand for high-end furniture products, including upholstered furniture.
- Urbanization and modernization: The rise in urbanization and modernization has led to a growing demand for stylish and comfortable home furnishings, including upholstered furniture. This is driving the growth of the global upholstery furniture market.
- Changing lifestyle trends: There has been a shift towards modern lifestyles, which favors comfort over traditional styles of furnishing homes. This is resulting in an increase in demand for upholstered furniture across all regions globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Upholstery Furniture Market Research Report
By Type
Sofas & Chairs, Beds & Mattresses, Others
By Application
Household, Commercial, Other
By Companies
Pearson, Rowe Furniture, Sherrill Furniture, American Furniture Manufacturing, Inc., Century Furniture, Norwalk Furniture, Craftmaster Furniture, Delta, Intermountain Furniture Manufacturing, Hughes Furniture, Pearson
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Upholstery Furniture Market Report Segments:
The global Upholstery Furniture market is segmented on the basis of:
Types
Sofas & Chairs, Beds & Mattresses, 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
Household, Commercial, Other
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:
- Pearson
- Rowe Furniture
- Sherrill Furniture
- American Furniture Manufacturing, Inc.
- Century Furniture
- Norwalk Furniture
- Craftmaster Furniture
- Delta
- Intermountain Furniture Manufacturing
- Hughes Furniture
- Pearson
Highlights of The Upholstery 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:
- Sofas & Chairs
- Beds & Mattresses
- Others
- By Application:
- Household
- Commercial
- Other
- 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 Upholstery 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?
Upholstery furniture is any piece of furniture that is upholstered, which means it has a fabric or leather covering on one or more of its surfaces. This can include chairs, sofas, beds, and even curtains. Upholstery furniture can be expensive and often requires special care in order to keep it looking good.
Some of the major companies in the upholstery furniture market are Pearson, Rowe Furniture, Sherrill Furniture, American Furniture Manufacturing, Inc., Century Furniture, Norwalk Furniture, Craftmaster Furniture, Delta, Intermountain Furniture Manufacturing, Hughes Furniture, Pearson.
The upholstery furniture 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 Upholstery 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 Upholstery Furniture Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Upholstery 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 Upholstery 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 Upholstery Furniture Market Size & Forecast, 2020-2028
4.5.1 Upholstery Furniture Market Size and Y-o-Y Growth
4.5.2 Upholstery Furniture 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 Sofas & Chairs
5.2.2 Beds & Mattresses
5.2.3 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 Household
6.2.2 Commercial
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Upholstery 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 Upholstery 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 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 Sofas & Chairs
9.6.2 Beds & Mattresses
9.6.3 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 Household
9.10.2 Commercial
9.10.3 Other
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 Sofas & Chairs
10.6.2 Beds & Mattresses
10.6.3 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 Household
10.10.2 Commercial
10.10.3 Other
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 Sofas & Chairs
11.6.2 Beds & Mattresses
11.6.3 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 Household
11.10.2 Commercial
11.10.3 Other
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 Sofas & Chairs
12.6.2 Beds & Mattresses
12.6.3 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 Household
12.10.2 Commercial
12.10.3 Other
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 Sofas & Chairs
13.6.2 Beds & Mattresses
13.6.3 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 Household
13.10.2 Commercial
13.10.3 Other
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 Upholstery Furniture Market: Competitive Dashboard
14.2 Global Upholstery Furniture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pearson
14.3.2 Rowe Furniture
14.3.3 Sherrill Furniture
14.3.4 American Furniture Manufacturing, Inc.
14.3.5 Century Furniture
14.3.6 Norwalk Furniture
14.3.7 Craftmaster Furniture
14.3.8 Delta
14.3.9 Intermountain Furniture Manufacturing
14.3.10 Hughes Furniture
14.3.11 Pearson
