Market Overview:
The global ottomans 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 the increasing demand for ottomans from residential and commercial applications. Additionally, the growing popularity of upholstered furniture is also contributing to the growth of the global ottomans market. The fabric segment is expected to dominate the global ottomans market during the forecast period, followed by leather and other segments. The fabric segment is projected to grow at a CAGR of 5.8% during 2018-2030, while leather and other segments are projected to grow at a CAGR of 4%. In terms of application, residential applications are expected to account for majority share in terms revenue contribution in 2030 as compared with commercial applications; however, commercial applications are anticipated register higher CAGR over 2018-2030 owing rapid expansion across various industry verticals such as hospitality & tourism sector.
Product Definition:
Ottomans are a type of furniture that is typically upholstered and has legs. Ottomans can be used as a seat, footrest, or table.
Fabric:
Fabric is a flexible material, which is made from the weaving of threads. It can be used in various applications such as clothing, home furnishing and construction. The growth factor that drives the market for ottomans in the Ottoman Empire includes population growth, urbanization and government initiatives towards infrastructure development.
The Ottomans were skilled at using different fabrics to clothe their citizens as well as to provide comfort to visitors; they had an excellent eye for color combination.
Leather :
Leather is an animal skin, which is processed into various products such as footwear, apparel and accessories. It has been a long used material in the production of bags and pouches for personal use or storage. The leather market was mainly driven by two factors; firstly demand from clothing industry second hand leather goods market and thirdly high growth of automobile industry leading to increased sales of automotive leather seats globally.
Application Insights:
The commercial category dominated the overall industry, accounting for more than 70.0% share of the total revenue in 2017. Rising demand for comfortable seating has been a major factor driving the segment growth over recent years. Ottomans are increasingly being used as substitutes to chairs for meetings and conference rooms owing to their higher comfort level and aesthetic appeal. The residential application segment is expected to witness significant growth over the forecast period on account of increasing urbanization, especially in developing countries like India, China and Brazil where per capita houses have decreased significantly due to rapid industrialization and population increase since past few decades.
Regional Analysis:
Europe dominated the global Ottoman market in 2017, with a revenue share of more than 35.0%. The rising number of nuclear families in the region is expected to play a key role in increasing demand for single-person households, which will subsequently drive product sales. Furthermore, high disposable income and changing lifestyles are contributing to the regional market growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing population and rapid urbanization across countries such as India and China. In addition, an increase in spending power among middle-class groups is projected to boost consumer spending on household goods including furniture products such as ottomans over next few years. The rise of e-commerce companies such as Alibaba Group Holding Ltd., Flipkart Internet Pvt Ltd., Amazon India Pvt Ltd., Grofers Inc.
Growth Factors:
- Increasing demand from the hospitality sector for comfortable seating solutions
- Rising popularity of Ottomans as a versatile piece of furniture that can be used in multiple ways in the home
- Growing demand for Ottomans with storage facilities as people seek to declutter their homes
- Increasing use of Ottomans as coffee tables and side tables, especially in smaller living spaces
- Proliferation of online retailers offering a wide range of Ottoman designs and styles, making it easier for consumers to find the perfect Ottoman to suit their needs
Scope Of The Report
Report Attributes
Report Details
Report Title
Ottomans Market Research Report
By Type
Fabric, Leather , Other
By Application
Residential, Commercial
By Companies
B&B Italia, Alberta, Alf Uno, Artifort, B&B Italia, Dante, Interprofil, Jess Design, Koinor, Label Produkties bv, Mikabarr, Rosini, Sancal, BENSEN, BLU DOT, Casamilano, Cliff Young, VONDOM
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Ottomans Market Report Segments:
The global Ottomans market is segmented on the basis of:
Types
Fabric, Leather , Other
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:
- B&B Italia
- Alberta
- Alf Uno
- Artifort
- B&B Italia
- Dante
- Interprofil
- Jess Design
- Koinor
- Label Produkties bv
- Mikabarr
- Rosini
- Sancal
- BENSEN
- BLU DOT
- Casamilano
- Cliff Young
- VONDOM
Highlights of The Ottomans 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:
- Fabric
- LeatherÂ
- Other
- 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 Ottomans 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?
The Ottomans were a Muslim dynasty that ruled over much of the Middle East and Central Asia from the 14th to the 17th centuries.
Some of the major players in the ottomans market are B&B Italia, Alberta, Alf Uno, Artifort, B&B Italia, Dante, Interprofil, Jess Design, Koinor, Label Produkties bv, Mikabarr, Rosini, Sancal, BENSEN, BLU DOT, Casamilano, Cliff Young, VONDOM.
The ottomans market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ottomans Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ottomans Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ottomans Market - Supply Chain
4.5. Global Ottomans Market Forecast
4.5.1. Ottomans Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ottomans Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ottomans Market Absolute $ Opportunity
5. Global Ottomans Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ottomans Market Size and Volume Forecast by Type
5.3.1. Fabric
5.3.2. Leather
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ottomans Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ottomans Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ottomans Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ottomans Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ottomans Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ottomans Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ottomans Demand Share Forecast, 2019-2026
9. North America Ottomans Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ottomans Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ottomans Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ottomans Market Size and Volume Forecast by Type
9.7.1. Fabric
9.7.2. Leather
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ottomans Demand Share Forecast, 2019-2026
10. Latin America Ottomans Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ottomans Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ottomans Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ottomans Market Size and Volume Forecast by Type
10.7.1. Fabric
10.7.2. Leather
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ottomans Demand Share Forecast, 2019-2026
11. Europe Ottomans Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ottomans Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ottomans Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ottomans Market Size and Volume Forecast by Type
11.7.1. Fabric
11.7.2. Leather
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ottomans Demand Share, 2019-2026
12. Asia Pacific Ottomans Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ottomans Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ottomans Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ottomans Market Size and Volume Forecast by Type
12.7.1. Fabric
12.7.2. Leather
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ottomans Demand Share, 2019-2026
13. Middle East & Africa Ottomans Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ottomans Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ottomans Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ottomans Market Size and Volume Forecast by Type
13.7.1. Fabric
13.7.2. Leather
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ottomans Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ottomans Market: Market Share Analysis
14.2. Ottomans Distributors and Customers
14.3. Ottomans Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. B&B Italia
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alberta
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Alf Uno
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Artifort
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. B&B Italia
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dante
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Interprofil
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jess Design
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Koinor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Label Produkties bv
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mikabarr
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Rosini
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sancal
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BENSEN
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BLU DOT
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Casamilano
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Cliff Young
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. VONDOM
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
