The global wood furniture market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth in this market is driven by the increasing demand for eco-friendly products and rising disposable income levels in emerging economies such as China and India. Solid wood furniture accounted for the largest share of the global wood furniture market in 2017, followed by woobased panels furniture, miscellaneous furniture, and home furnishing applications. Home furnishing application was estimated to account for over one-third of total revenue generated from sales of wood furniture in 2017.
Some Of The Growth Factors Of This Market:
- The increasing demand for eco-friendly products and the rising disposable income of consumers are some of the factors driving the growth of this market.
- Wood furniture is considered as an eco-friendly product because it does not emit any harmful chemicals or gases into the environment and it can be recycled easily when it reaches its end life cycle, unlike other materials such as plastic or metal which cannot be recycled easily and have a negative impact on the environment when they reach their end life cycle This factor will drive the growth of this market in coming years due to increasing awareness about environmental issues among consumers worldwide, especially in developed countries where people are more conscious about their carbon footprint on earth and want to reduce their carbon footprint by using eco-friendly products such as wood furniture instead of other materials that have a negative impact on environment when they reach their end life cycle such as plastic or metal which cannot be recycled easily and emit harmful chemicals into environment when they reach their end life cycle.
Industry Growth Insights published a new data on “Wood Furniture Market”. The research report is titled “Wood Furniture Market research by Types (Solid Wood Furniture, Wood-based Panels Furniture, Miscellaneous Furniture, ), By Applications (Home Furniture, Office Furniture, Others, ), By Players/Companies IKEA, Ashley Furniture Industries, NITORI, Yihua Timber, Huafeng Furniture, Dorel Industries, Nobilia, Sauder Woodworking, Suofeiya, La-Z-Boy Inc., Nolte Furniture, Hooker Furniture, QUANU, Man Wah Holdings, Natuzzi, Hülsta group, Markor, Kinnarps AB, Klaussner Furniture Industries, Doimo, Samson Holding, Sunon, Nowy Styl Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Furniture Market Research Report
By Type
Solid Wood Furniture, Wood-based Panels Furniture, Miscellaneous Furniture,
By Application
Home Furniture, Office Furniture, Others,
By Companies
IKEA, Ashley Furniture Industries, NITORI, Yihua Timber, Huafeng Furniture, Dorel Industries, Nobilia, Sauder Woodworking, Suofeiya, La-Z-Boy Inc., Nolte Furniture, Hooker Furniture, QUANU, Man Wah Holdings, Natuzzi, Hülsta group, Markor, Kinnarps AB, Klaussner Furniture Industries, Doimo, Samson Holding, Sunon, Nowy Styl Group
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Wood Furniture Market Report Segments:
The global Wood Furniture market is segmented on the basis of:
Types
Solid Wood Furniture, Wood-based Panels Furniture, Miscellaneous Furniture,
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
Home Furniture, Office Furniture, Others,
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:
- IKEA
- Ashley Furniture Industries
- NITORI
- Yihua Timber
- Huafeng Furniture
- Dorel Industries
- Nobilia
- Sauder Woodworking
- Suofeiya
- La-Z-Boy Inc.
- Nolte Furniture
- Hooker Furniture
- QUANU
- Man Wah Holdings
- Natuzzi
- Hülsta group
- Markor
- Kinnarps AB
- Klaussner Furniture Industries
- Doimo
- Samson Holding
- Sunon
- Nowy Styl Group
Highlights of The Wood 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:
- Solid Wood Furniture
- Wood-based Panels Furniture
- Miscellaneous Furniture
- By Application:
- Home Furniture
- Office Furniture
- Others
- 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 Wood 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?
Wood furniture is made from wood that has been processed and shaped into a specific design. Wood furniture can be made from a variety of different types of wood, including oak, maple, cherry, and pine.
Some of the key players operating in the wood furniture market are IKEA, Ashley Furniture Industries, NITORI, Yihua Timber, Huafeng Furniture, Dorel Industries, Nobilia, Sauder Woodworking, Suofeiya, La-Z-Boy Inc., Nolte Furniture, Hooker Furniture, QUANU, Man Wah Holdings, Natuzzi, HƒÂ¼lsta group, Markor, Kinnarps AB, Klaussner Furniture Industries, Doimo, Samson Holding, Sunon, Nowy Styl Group.
The wood furniture market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wood 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. Wood Furniture Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wood Furniture Market - Supply Chain
4.5. Global Wood Furniture Market Forecast
4.5.1. Wood Furniture Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wood Furniture Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wood Furniture Market Absolute $ Opportunity
5. Global Wood 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. Wood Furniture Market Size and Volume Forecast by Type
5.3.1. Solid Wood Furniture
5.3.2. Wood-based Panels Furniture
5.3.3. Miscellaneous Furniture
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wood 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. Wood Furniture Market Size and Volume Forecast by Application
6.3.1. Home Furniture
6.3.2. Office Furniture
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wood 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. Wood 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 Wood 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. Wood 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 Wood Furniture Demand Share Forecast, 2019-2026
9. North America Wood 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 Wood 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 Wood Furniture Market Size and Volume Forecast by Application
9.4.1. Home Furniture
9.4.2. Office Furniture
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wood Furniture Market Size and Volume Forecast by Type
9.7.1. Solid Wood Furniture
9.7.2. Wood-based Panels Furniture
9.7.3. Miscellaneous Furniture
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 Wood Furniture Demand Share Forecast, 2019-2026
10. Latin America Wood 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 Wood 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 Wood Furniture Market Size and Volume Forecast by Application
10.4.1. Home Furniture
10.4.2. Office Furniture
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wood Furniture Market Size and Volume Forecast by Type
10.7.1. Solid Wood Furniture
10.7.2. Wood-based Panels Furniture
10.7.3. Miscellaneous Furniture
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 Wood Furniture Demand Share Forecast, 2019-2026
11. Europe Wood 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 Wood 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 Wood Furniture Market Size and Volume Forecast by Application
11.4.1. Home Furniture
11.4.2. Office Furniture
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wood Furniture Market Size and Volume Forecast by Type
11.7.1. Solid Wood Furniture
11.7.2. Wood-based Panels Furniture
11.7.3. Miscellaneous Furniture
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market ttractiveness/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 Wood Furniture Demand Share, 2019-2026
12. Asia Pacific Wood 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 Wood 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 Wood Furniture Market Size and Volume Forecast by Application
12.4.1. Home Furniture
12.4.2. Office Furniture
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wood Furniture Market Size and Volume Forecast by Type
12.7.1. Solid Wood Furniture
12.7.2. Wood-based Panels Furniture
12.7.3. Miscellaneous Furniture
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 Wood Furniture Demand Share, 2019-2026
13. Middle East & Africa Wood 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 Wood 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 Wood Furniture Market Size and Volume Forecast by Application
13.4.1. Home Furniture
13.4.2. Office Furniture
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wood Furniture Market Size and Volume Forecast by Type
13.7.1. Solid Wood Furniture
13.7.2. Wood-based Panels Furniture
13.7.3. Miscellaneous Furniture
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 Wood Furniture Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wood Furniture Market: Market Share Analysis
14.2. Wood Furniture Distributors and Customers
14.3. Wood Furniture Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IKEA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ashley Furniture 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. NITORI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yihua Timber
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Huafeng Furniture
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dorel Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nobilia
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sauder Woodworking
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Suofeiya
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. La-Z-Boy Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nolte Furniture
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hooker Furniture
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. QUANU
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Man Wah Holdings
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Natuzzi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hülsta group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Markor
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Kinnarps AB
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Klaussner Furniture Industries
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Doimo
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook