The global retail furniture market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for furniture in developing countries and the growing number of retail stores in these regions. The growth of this market is also attributed to the increase in disposable income and consumer spending on furniture, which are expected to drive demand for high-quality products. The global retail furniture market has been segmented into four major types: wooden furniture, leather & fabric furniture, metal furniture and others (glass & plastic). Wooden Furniture accounted for a share of over 50% in 2017 and is expected to maintain its dominance throughout the forecast period due to its affordability as well as durability. Leather & Fabric Furniture accounted for a share of over 30% in 2017 and is projected to grow at a CAGR of 5% during the forecast period due to its popularity among consumers owing to their comfort level with these products. Metal Furniture accounted for a share of over 10% in 2017 and it is projected that it will grow at an average rate during the forecast period owing mainly due its durability as well as affordability factor among consumers.
- The retail furniture market is expected to grow at a CAGR of 3.5% from 2017-2022.
- The retail furniture market is driven by the increasing demand for home furnishings and the growing number of households in emerging economies.
- The retail furniture market is also driven by the increasing demand for home furnishings and the growing number of households in emerging economies.
- Increasing disposable income levels, rising population, and urbanization are some other factors that drive this market.
Industry Growth Insights published a new data on “Retail Furniture Market”. The research report is titled “Retail Furniture Market research by Types (Wooden Furniture, Leather & Fabric Furniture, Metal Furniture, Other), By Applications (Independent Specialist Retailers, Independent Furniture Chains, Convenient Stores, Others (Online)), By Players/Companies Sauder Woodworking, Dorel Industries, Bush Industries, Whalen Furniture, Homestar North America, IKEA, Flexsteel (Home Styles), Simplicity Sofas, Prepac, South Shore”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Retail Furniture Market Research Report
By Type
Wooden Furniture, Leather & Fabric Furniture, Metal Furniture, Other
By Application
Independent Specialist Retailers, Independent Furniture Chains, Convenient Stores, Others (Online)
By Companies
Sauder Woodworking, Dorel Industries, Bush Industries, Whalen Furniture, Homestar North America, IKEA, Flexsteel (Home Styles), Simplicity Sofas, Prepac, South Shore
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Retail Furniture Market Report Segments:
The global Retail Furniture market is segmented on the basis of:
Types
Wooden Furniture, Leather & Fabric Furniture, Metal Furniture, 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
Independent Specialist Retailers, Independent Furniture Chains, Convenient Stores, Others (Online)
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:
- Sauder Woodworking
- Dorel Industries
- Bush Industries
- Whalen Furniture
- Homestar North America
- IKEA
- Flexsteel (Home Styles)
- Simplicity Sofas
- Prepac
- South Shore
Highlights of The Retail 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:
- Wooden Furniture
- Leather & Fabric Furniture
- Metal Furniture
- Other
- By Application:
- Independent Specialist Retailers
- Independent Furniture Chains
- Convenient Stores
- Others (Online)
- 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 Retail 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.
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- 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?
Retail furniture is furniture that is sold in a store, rather than being made or purchased by the customer.
Some of the key players operating in the retail furniture market are Sauder Woodworking, Dorel Industries, Bush Industries, Whalen Furniture, Homestar North America, IKEA, Flexsteel (Home Styles), Simplicity Sofas, Prepac, South Shore.
The retail furniture market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Retail Furniture 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. Retail Furniture Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Retail Furniture Market - Supply Chain
4.5. Global Retail Furniture Market Forecast
4.5.1. Retail Furniture Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Retail Furniture Market Size (000 Units) and Y-o-Y Growth
4.5.3. Retail Furniture Market Absolute $ Opportunity
5. Global Retail Furniture 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. Retail Furniture Market Size and Volume Forecast by Type
5.3.1. Wooden Furniture
5.3.2. Leather & Fabric Furniture
5.3.3. Metal Furniture
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Retail Furniture 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. Retail Furniture Market Size and Volume Forecast by Application
6.3.1. Independent Specialist Retailers
6.3.2. Independent Furniture Chains
6.3.3. Convenient Stores
6.3.4. Others (Online)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Retail Furniture 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. Retail Furniture 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 Retail Furniture 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. Retail Furniture 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 Retail Furniture Demand Share Forecast, 2019-2026
9. North America Retail Furniture 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 Retail Furniture 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 Retail Furniture Market Size and Volume Forecast by Application
9.4.1. Independent Specialist Retailers
9.4.2. Independent Furniture Chains
9.4.3. Convenient Stores
9.4.4. Others (Online)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Retail Furniture Market Size and Volume Forecast by Type
9.7.1. Wooden Furniture
9.7.2. Leather & Fabric Furniture
9.7.3. Metal Furniture
9.7.4. 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 Retail Furniture Demand Share Forecast, 2019-2026
10. Latin America Retail Furniture 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 Retail Furniture 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 Retail Furniture Market Size and Volume Forecast by Application
10.4.1. Independent Specialist Retailers
10.4.2. Independent Furniture Chains
10.4.3. Convenient Stores
10.4.4. Others (Online)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Retail Furniture Market Size and Volume Forecast by Type
10.7.1. Wooden Furniture
10.7.2. Leather & Fabric Furniture
10.7.3. Metal Furniture
10.7.4. 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 Retail Furniture Demand Share Forecast, 2019-2026
11. Europe Retail Furniture 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 Retail Furniture 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 Retail Furniture Market Size and Volume Forecast by Application
11.4.1. Independent Specialist Retailers
11.4.2. Independent Furniture Chains
11.4.3. Convenient Stores
11.4.4. Others (Online)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Retail Furniture Market Size and Volume Forecast by Type
11.7.1. Wooden Furniture
11.7.2. Leather & Fabric Furniture
11.7.3. Metal Furniture
11.7.4. Other
11.8. Basis oint 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 Retail Furniture Demand Share, 2019-2026
12. Asia Pacific Retail Furniture 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 Retail Furniture 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 Retail Furniture Market Size and Volume Forecast by Application
12.4.1. Independent Specialist Retailers
12.4.2. Independent Furniture Chains
12.4.3. Convenient Stores
12.4.4. Others (Online)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Retail Furniture Market Size and Volume Forecast by Type
12.7.1. Wooden Furniture
12.7.2. Leather & Fabric Furniture
12.7.3. Metal Furniture
12.7.4. 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 Retail Furniture Demand Share, 2019-2026
13. Middle East & Africa Retail Furniture 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 Retail Furniture 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 Retail Furniture Market Size and Volume Forecast by Application
13.4.1. Independent Specialist Retailers
13.4.2. Independent Furniture Chains
13.4.3. Convenient Stores
13.4.4. Others (Online)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Retail Furniture Market Size and Volume Forecast by Type
13.7.1. Wooden Furniture
13.7.2. Leather & Fabric Furniture
13.7.3. Metal Furniture
13.7.4. 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 Retail Furniture Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Retail Furniture Market: Market Share Analysis
14.2. Retail Furniture Distributors and Customers
14.3. Retail Furniture Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sauder Woodworking
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dorel Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bush Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Whalen Furniture
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Homestar North America
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IKEA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Flexsteel (Home Styles)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Simplicity Sofas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Prepac
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. South Shore
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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