Furniture refers to movable objects intended to support various human activities such as seating (e.g., chairs, stools, and sofas), eating (tables), and sleeping (e.g., beds). Furniture is also used to hold objects at a convenient height for work (as horizontal surfaces above the ground, such as tables and desks), or to store things (e.g., cupboards and shelves). Furniture can be a product of design and is considered a form of decorative art. In addition to furniture's functional role, it can serve a symbolic or religious purpose. It can be made from many materials, including metal, plastic, and wood. Furniture can be made using a variety of woodworking joints which often reflect the local culture.
Due to the COVID-19 pandemic, the global Retail Furniture market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Retail Furniture market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Retail Furniture landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Wooden Furniture accounting for % of the Retail Furniture global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Independent Specialist Retailers segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Retail Furniture include Sauder Woodworking, Dorel Industries, Bush Industries, Whalen Furniture, Homestar North America, IKEA, Flexsteel(Home Styles), Simplicity Sofas and Prepac and etc. In terms of revenue, the global 3 largest players have a % market share of Retail Furniture in 2021.
This report focuses on Retail Furniture volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Retail Furniture market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Retail Furniture Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Wooden Furniture
Leather & Fabric Furniture
Metal Furniture
Other
Segment by Application
Independent Specialist Retailers
Independent Furniture Chains
Convenient Stores
Others(Online)
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Sauder Woodworking
Dorel Industries
Bush Industries
Whalen Furniture
Homestar North America
IKEA
Flexsteel(Home Styles)
Simplicity Sofas
Prepac
South Shore