Market Overview:
The global wall-mounted wardrobes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wall-mounted wardrobes from hotels, residences, and apartments. Additionally, the growing awareness about interior design is also propelling the demand for wall-mounted wardrobes across the globe. On the basis of type, the global wall-mounted wardrobes market can be segmented into lacquer, aluminium, glass, wood, and pewter. Of these segments, lacquer is expected to witness highest growth during the forecast period owing to its properties such as durability and resistance to scratches and stains. On account of their aesthetic appeal and functionality glass Wardrobes are witnessing high demand in residential applications across developed economies such as North America and Europe . However , In developing countries such as India , China etc., wood Wardrobe segments are expected witness higher adoption rates due their low cost . Regionally speaking , Asia Pacific is anticipatedto exhibit highest CAGR over 2018 – 2030 followed by MEA region on account of rising disposable income levels coupled with burgeoning construction industry in these regions .
Product Definition:
A wall-mounted wardrobe is a piece of furniture that is attached to the wall and used to store clothes. They are often used in bedrooms, but can also be found in other areas of the home, such as the garage or laundry room. Wall-mounted wardrobes are important because they provide storage for clothing and other items. They can help keep a room organized and tidy, and they free up floor space so that people can move around more easily.
Lacquer:
Lacquer is a coating material made from lac, which is derived from the tree resin of balsam fir. It has high durability and low water absorption rate. The major factor that differentiates it from other coatings available in the market is its thickness; it ranges between 1-4 mils (2.5-102).
Aluminium:
Aluminum is a metal that is obtained from bauxite ores. It has the highest melting point of any metal and can be easily cooled. Aluminum alloys are used in various applications such as automobiles, aircraft, household appliances, etc. The major application of aluminum is in the form of wall-mounted wardrobes as it offers flexibility to adjust the opening size and also provides easy access to inside the clothes owing to its lightweight property.
Application Insights:
Apartments application segment dominated the global wall-mounted wardrobes market, accounting for over 55% of the total revenue in 2017. The product is gaining popularity among apartment owners as it helps in saving space and also provides an aesthetic appeal to the living room. Apartments are considered to be a tight fit for any furniture owing to limited space available. However, with the advent of wall-mounted wardrobe, this constraint has been overcome as these types of cabinets can be installed on both sides of a partition thus providing ample storage options without occupying much space on either side.
Hotels are expected to emerge as one of the fastest growing application segments during forecast years owing to increasing tourism at present day rates across various regions including Asia Pacific and Middle East & Africa countries such as Turkey, Morocco and India which is likely to propel demand for hotels thereby supporting industry growth during projected years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing demand for storage units in the region, along with growing trend of urbanization and modernization. Moreover, high disposable income of consumers is driving demand for luxury apartments and hotels, thereby boosting regional growth. Asia Pacific is expected to witness significant growth over the forecast period owing to rising number of construction projects in India and China on account of rapid urbanization coupled with growing middle-class population seeking better living standards. Furthermore, increasing spending power among consumers looking for better quality products will drive product sales over next seven years.
Countries such as Germany are anticipated to witness considerable growth followed by U.K.
Growth Factors:
- Increasing demand for organized and clutter-free homes: A major driving factor for the wall-mounted wardrobe market is the increasing demand for organized and clutter-free homes. Wall-mounted wardrobes provide a space-efficient storage solution that helps in decluttering the home. This is especially beneficial for small homes where every inch of space needs to be utilized effectively.
- Rising disposable income of consumers: Another key growth driver for the wall-mounted wardrobe market is rising disposable income of consumers, which enables them to invest in premium storage solutions such as wall mounted wardrobes.
- Growing trend of minimalism: The growing trend of minimalism is also contributing to the growth of the wall mounted wardrobe market as it encourages people to reduce clutter and live a simpler life with less stuff. Wall mounted wardrobes are an ideal storage solution for those who want to adopt a minimalist lifestyle as they help in decluttering spaces without taking up too much floor or counter space.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall-Mounted Wardrobes Market Research Report
By Type
Lacquer, Aluminium, Glass, Wood, Pewter
By Application
Hotels, Residences, Apartments, Other
By Companies
Porro, Kristalia, Colombini, Febal Casa, Pianca, MOBILSPAZIO, Zalf, ANYWAY DOORS, CARPANELLI, POLIFORM, Molteni&C, Dall'Agnese
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Wall-Mounted Wardrobes Market Report Segments:
The global Wall-Mounted Wardrobes market is segmented on the basis of:
Types
Lacquer, Aluminium, Glass, Wood, Pewter
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
Hotels, Residences, Apartments, 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:
- Porro
- Kristalia
- Colombini
- Febal Casa
- Pianca
- MOBILSPAZIO
- Zalf
- ANYWAY DOORS
- CARPANELLI
- POLIFORM
- Molteni&C
- Dall'Agnese
Highlights of The Wall-Mounted Wardrobes 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:
- Lacquer
- Aluminium
- Glass
- Wood
- Pewter
- By Application:
- Hotels
- Residences
- Apartments
- 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 Wall-Mounted Wardrobes 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.
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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?
Wall-mounted wardrobes are a type of wardrobe that is mounted on the wall. They are typically smaller in size than traditional wardrobes and can be more easily moved around.
Some of the major companies in the wall-mounted wardrobes market are Porro, Kristalia, Colombini, Febal Casa, Pianca, MOBILSPAZIO, Zalf, ANYWAY DOORS, CARPANELLI, POLIFORM, Molteni&C, Dall'Agnese.
The wall-mounted wardrobes 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 Wall-Mounted Wardrobes 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 Wall-Mounted Wardrobes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wall-Mounted Wardrobes 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 Wall-Mounted Wardrobes 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 Wall-Mounted Wardrobes Market Size & Forecast, 2020-2028
4.5.1 Wall-Mounted Wardrobes Market Size and Y-o-Y Growth
4.5.2 Wall-Mounted Wardrobes 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 Lacquer
5.2.2 Aluminium
5.2.3 Glass
5.2.4 Wood
5.2.5 Pewter
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 Hotels
6.2.2 Residences
6.2.3 Apartments
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wall-Mounted Wardrobes 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 Wall-Mounted Wardrobes 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 Lacquer
9.6.2 Aluminium
9.6.3 Glass
9.6.4 Wood
9.6.5 Pewter
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 Hotels
9.10.2 Residences
9.10.3 Apartments
9.10.4 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 Lacquer
10.6.2 Aluminium
10.6.3 Glass
10.6.4 Wood
10.6.5 Pewter
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 Hotels
10.10.2 Residences
10.10.3 Apartments
10.10.4 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 Lacquer
11.6.2 Aluminium
11.6.3 Glass
11.6.4 Wood
11.6.5 Pewter
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 Hotels
11.10.2 Residences
11.10.3 Apartments
11.10.4 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 Lacquer
12.6.2 Aluminium
12.6.3 Glass
12.6.4 Wood
12.6.5 Pewter
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 Hotels
12.10.2 Residences
12.10.3 Apartments
12.10.4 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 Lacquer
13.6.2 Aluminium
13.6.3 Glass
13.6.4 Wood
13.6.5 Pewter
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 Hotels
13.10.2 Residences
13.10.3 Apartments
13.10.4 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 Wall-Mounted Wardrobes Market: Competitive Dashboard
14.2 Global Wall-Mounted Wardrobes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Porro
14.3.2 Kristalia
14.3.3 Colombini
14.3.4 Febal Casa
14.3.5 Pianca
14.3.6 MOBILSPAZIO
14.3.7 Zalf
14.3.8 ANYWAY DOORS
14.3.9 CARPANELLI
14.3.10 POLIFORM
14.3.11 Molteni&C
14.3.12 Dall'Agnese
