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Highlights The global Furniture and Furnishing market is projected to reach US$ million by 2029 from an estimated US$ million in 2023, at a CAGR of % during 2024 and 2029. North American market for Furniture and Furnishing is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2024 through 2029. Asia-Pacific market for Furniture and Furnishing is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2024 through 2029. The major global companies of Furniture and Furnishing include IKEA, Ashley Furniture Industries, Tempur Sealy International, Williams-Sonoma, Restoration Hardware, Steelcase, Herman Miller, Kuka Home and Oppein Home Group, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue. The global market for Furniture and Furnishing in Residential is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2024 through 2029. Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, Home, which accounted for % of the global market of Furniture and Furnishing in 2022, is expected to reach million US$ by 2029, growing at a revised CAGR of % from 2024 to 2029. Report Scope This report aims to provide a comprehensive presentation of the global market for Furniture and Furnishing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furniture and Furnishing. The Furniture and Furnishing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Furniture and Furnishing market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. The report will help the Furniture and Furnishing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions. Key Companies & Market Share Insights In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue by companies for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include: IKEA Ashley Furniture Industries Tempur Sealy International Williams-Sonoma Restoration Hardware Steelcase Herman Miller Kuka Home Oppein Home Group Okamura HNI Corporation Sleep Number Haworth La-Z-Boy Serta Simmons Bedding KOKUYO Sofia Furniture Sleemon Product Type Insights Global markets are presented by Furniture and Furnishing type, along with growth forecasts through 2029. Estimates on revenue are based on the price in the supply chain at which the Furniture and Furnishing are procured by the companies. This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029). Furniture and Furnishing segment by Type Home Office Hotel Healthcare Educational Furnishing Others Application Insights This report has provided the market size (revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029). This report also outlines the market trends of each segment and consumer behaviors impacting the Furniture and Furnishing market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Furniture and Furnishing market. Furniture and Furnishing Segment by End Use Residential Commercial Regional Outlook This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue data of each region and country for the period 2018-2029. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America, Middle East & Africa. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast revenue for 2029. North America United States Canada Europe Germany France UK Italy Russia Nordic Countries Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA Key Drivers & Barriers High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects. COVID-19 and Russia-Ukraine War Influence Analysis The readers in the section will understand how the Furniture and Furnishing market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Reasons to Buy This Report This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Furniture and Furnishing market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. This report will help stakeholders to understand the global industry status and trends of Furniture and Furnishing and provides them with information on key market drivers, restraints, challenges, and opportunities. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. This report stays updated with novel technology integration, features, and the latest developments in the market This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Furniture and Furnishing industry. This report helps stakeholders to gain insights into which regions to target globally This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Furniture and Furnishing. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution. Core Chapters Chapter 1: Research objectives, research methods, data sources, data cross-validation; Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry. Chapter 6: Detailed analysis of Furniture and Furnishing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc. Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. Chapter 13: The main points and conclusions of the report. Frequently Asked Questions What factors will challenge the Product Name market growth? Which end-use segment will expand at the fastest CAGR in the Product Name market? Which are the emerging players in the Product Name market? How concentrated is the Product Name market? Which factors are positively contributing to the Product Name market growth? Which are the novel product innovations in the Product Name market? Which product segment will emerge as the most lucrative in the Product Name market? Which factors are increasing the competition in the Product Name market? Which are the strategic measures taken by the Product Name industry players? Which region will witness inactive growth during the forecast period? What key trends are likely to emerge in the Product Name market in the coming years?
1 Preface 1.1 Scope of Report 1.2 Reasons for Doing This Study 1.3 Research Methodology 1.4 Research Process 1.5 Data Source 1.5.1 Secondary Sources 1.5.2 Primary Sources 2 Market Overview 2.1 Product Definition 2.2 Furniture and Furnishing by Type 2.2.1 Market Value Comparison by Type (2018 VS 2022 VS 2029) 1.2.2 Home 1.2.3 Office 1.2.4 Hotel 1.2.5 Healthcare 1.2.6 Educational 1.2.7 Furnishing 1.2.8 Others 2.3 Furniture and Furnishing by End Use 2.3.1 Market Value Comparison by End Use (2018 VS 2022 VS 2029) 2.3.2 Residential 2.3.3 Commercial 2.4 Assumptions and Limitations 3 Furniture and Furnishing Breakdown Data by Type 3.1 Global Furniture and Furnishing Historic Market Size by Type (2018-2023) 3.2 Global Furniture and Furnishing Forecasted Market Size by Type (2023-2028) 4 Furniture and Furnishing Breakdown Data by End Use 4.1 Global Furniture and Furnishing Historic Market Size by End Use (2018-2023) 4.2 Global Furniture and Furnishing Forecasted Market Size by End Use (2018-2023) 5 Global Growth Trends 5.1 Global Furniture and Furnishing Market Perspective (2018-2029) 5.2 Global Furniture and Furnishing Growth Trends by Region 5.2.1 Global Furniture and Furnishing Market Size by Region: 2018 VS 2022 VS 2029 5.2.2 Furniture and Furnishing Historic Market Size by Region (2018-2023) 5.2.3 Furniture and Furnishing Forecasted Market Size by Region (2024-2029) 5.3 Furniture and Furnishing Market Dynamics 5.3.1 Furniture and Furnishing Industry Trends 5.3.2 Furniture and Furnishing Market Drivers 5.3.3 Furniture and Furnishing Market Challenges 5.3.4 Furniture and Furnishing Market Restraints 6 Market Competitive Landscape by Players 6.1 Global Top Furniture and Furnishing Players by Revenue 6.1.1 Global Top Furniture and Furnishing Players by Revenue (2018-2023) 6.1.2 Global Furniture and Furnishing Revenue Market Share by Players (2018-2023) 6.2 Global Furniture and Furnishing Industry Players Ranking, 2021 VS 2022 VS 2023 6.3 Global Key Players of Furniture and Furnishing Head office and Area Served 6.4 Global Furniture and Furnishing Players, Product Type & Application 6.5 Global Furniture and Furnishing Players, Date of Enter into This Industry 6.6 Global Furniture and Furnishing Market CR5 and HHI 6.7 Global Players Mergers & Acquisition 7 North America 7.1 North America Furniture and Furnishing Market Size (2018-2029) 7.2 North America Furniture and Furnishing Market Growth Rate by Country: 2018 VS 2022 VS 2029 7.3 North America Furniture and Furnishing Market Size by Country (2018-2023) 7.4 North America Furniture and Furnishing Market Size by Country (2024-2029) 7.5 United States 7.6 Canada 8 Europe 8.1 Europe Furniture and Furnishing Market Size (2018-2029) 8.2 Europe Furniture and Furnishing Market Growth Rate by Country: 2018 VS 2022 VS 2029 8.3 Europe Furniture and Furnishing Market Size by Country (2018-2023) 8.4 Europe Furniture and Furnishing Market Size by Country (2024-2029) 7.4 Germany 7.5 France 7.6 U.K. 7.7 Italy 7.8 Russia 7.9 Nordic Countries 9 Asia-Pacific 9.1 Asia-Pacific Furniture and Furnishing Market Size (2018-2029) 9.2 Asia-Pacific Furniture and Furnishing Market Growth Rate by Country: 2018 VS 2022 VS 2029 9.3 Asia-Pacific Furniture and Furnishing Market Size by Country (2018-2023) 9.4 Asia-Pacific Furniture and Furnishing Market Size by Country (2024-2029) 8.4 China 8.5 Japan 8.6 South Korea 8.7 Southeast Asia 8.8 India 8.9 Australia 10 Latin America 10.1 Latin America Furniture and Furnishing Market Size (2018-2029) 10.2 Latin America Furniture and Furnishing Market Growth Rate by Country: 2018 VS 2022 VS 2029 10.3 Latin America Furniture and Furnishing Market Size by Country (2018-2023) 10.4 Latin America Furniture and Furnishing Market Size by Country (2024-2029) 9.4 Mexico 9.5 Brazil 11 Middle East & Africa 11.1 Middle East & Africa Furniture and Furnishing Market Size (2018-2029) 11.2 Middle East & Africa Furniture and Furnishing Market Growth Rate by Country: 2018 VS 2022 VS 2029 11.3 Middle East & Africa Furniture and Furnishing Market Size by Country (2018-2023) 11.4 Middle East & Africa Furniture and Furnishing Market Size by Country (2024-2029) 10.4 Turkey 10.5 Saudi Arabia 10.6 UAE 12 Players Profiled 11.1 IKEA 11.1.1 IKEA Company Detail 11.1.2 IKEA Business Overview 11.1.3 IKEA Furniture and Furnishing Introduction 11.1.4 IKEA Revenue in Furniture and Furnishing Business (2017-2022) 11.1.5 IKEA Recent Development 11.2 Ashley Furniture Industries 11.2.1 Ashley Furniture Industries Company Detail 11.2.2 Ashley Furniture Industries Business Overview 11.2.3 Ashley Furniture Industries Furniture and Furnishing Introduction 11.2.4 Ashley Furniture Industries Revenue in Furniture and Furnishing Business (2017-2022) 11.2.5 Ashley Furniture Industries Recent Development 11.3 Tempur Sealy International 11.3.1 Tempur Sealy International Company Detail 11.3.2 Tempur Sealy International Business Overview 11.3.3 Tempur Sealy International Furniture and Furnishing Introduction 11.3.4 Tempur Sealy International Revenue in Furniture and Furnishing Business (2017-2022) 11.3.5 Tempur Sealy International Recent Development 11.4 Williams-Sonoma 11.4.1 Williams-Sonoma Company Detail 11.4.2 Williams-Sonoma Business Overview 11.4.3 Williams-Sonoma Furniture and Furnishing Introduction 11.4.4 Williams-Sonoma Revenue in Furniture and Furnishing Business (2017-2022) 11.4.5 Williams-Sonoma Recent Development 11.5 Restoration Hardware 11.5.1 Restoration Hardware Company Detail 11.5.2 Restoration Hardware Business Overview 11.5.3 Restoration Hardware Furniture and Furnishing Introduction 11.5.4 Restoration Hardware Revenue in Furniture and Furnishing Business (2017-2022) 11.5.5 Restoration Hardware Recent Development 11.6 Steelcase 11.6.1 Steelcase Company Detail 11.6.2 Steelcase Business Overview 11.6.3 Steelcase Furniture and Furnishing Introduction 11.6.4 Steelcase Revenue in Furniture and Furnishing Business (2017-2022) 11.6.5 Steelcase Recent Development 11.7 Herman Miller 11.7.1 Herman Miller Company Detail 11.7.2 Herman Miller Business Overview 11.7.3 Herman Miller Furniture and Furnishing Introduction 11.7.4 Herman Miller Revenue in Furniture and Furnishing Business (2017-2022) 11.7.5 Herman Miller Recent Development 11.8 Kuka Home 11.8.1 Kuka Home Company Detail 11.8.2 Kuka Home Business Overview 11.8.3 Kuka Home Furniture and Furnishing Introduction 11.8.4 Kuka Home Revenue in Furniture and Furnishing Business (2017-2022) 11.8.5 Kuka Home Recent Development 11.9 Oppein Home Group 11.9.1 Oppein Home Group Company Detail 11.9.2 Oppein Home Group Business Overview 11.9.3 Oppein Home Group Furniture and Furnishing Introduction 11.9.4 Oppein Home Group Revenue in Furniture and Furnishing Business (2017-2022) 11.9.5 Oppein Home Group Recent Development 11.10 Okamura 11.10.1 Okamura Company Detail 11.10.2 Okamura Business Overview 11.10.3 Okamura Furniture and Furnishing Introduction 11.10.4 Okamura Revenue in Furniture and Furnishing Business (2017-2022) 11.10.5 Okamura Recent Development 11.11 HNI Corporation 11.11.1 HNI Corporation Company Detail 11.11.2 HNI Corporation Business Overview 11.11.3 HNI Corporation Furniture and Furnishing Introduction 11.11.4 HNI Corporation Revenue in Furniture and Furnishing Business (2017-2022) 11.11.5 HNI Corporation Recent Development 11.12 Sleep Number 11.12.1 Sleep Number Company Detail 11.12.2 Sleep Number Business Overview 11.12.3 Sleep Number Furniture and Furnishing Introduction 11.12.4 Sleep Number Revenue in Furniture and Furnishing Business (2017-2022) 11.12.5 Sleep Number Recent Development 11.13 Haworth 11.13.1 Haworth Company Detail 11.13.2 Haworth Business Overview 11.13.3 Haworth Furniture and Furnishing Introduction 11.13.4 Haworth Revenue in Furniture and Furnishing Business (2017-2022) 11.13.5 Haworth Recent Development 11.14 La-Z-Boy 11.14.1 La-Z-Boy Company Detail 11.14.2 La-Z-Boy Business Overview 11.14.3 La-Z-Boy Furniture and Furnishing Introduction 11.14.4 La-Z-Boy Revenue in Furniture and Furnishing Business (2017-2022) 11.14.5 La-Z-Boy Recent Development 11.15 Serta Simmons Bedding 11.15.1 Serta Simmons Bedding Company Detail 11.15.2 Serta Simmons Bedding Business Overview 11.15.3 Serta Simmons Bedding Furniture and Furnishing Introduction 11.15.4 Serta Simmons Bedding Revenue in Furniture and Furnishing Business (2017-2022) 11.15.5 Serta Simmons Bedding Recent Development 11.16 KOKUYO 11.16.1 KOKUYO Company Detail 11.16.2 KOKUYO Business Overview 11.16.3 KOKUYO Furniture and Furnishing Introduction 11.16.4 KOKUYO Revenue in Furniture and Furnishing Business (2017-2022) 11.16.5 KOKUYO Recent Development 11.17 Sofia Furniture 11.17.1 Sofia Furniture Company Detail 11.17.2 Sofia Furniture Business Overview 11.17.3 Sofia Furniture Furniture and Furnishing Introduction 11.17.4 Sofia Furniture Revenue in Furniture and Furnishing Business (2017-2022) 11.17.5 Sofia Furniture Recent Development 11.18 Sleemon 11.18.1 Sleemon Company Detail 11.18.2 Sleemon Business Overview 11.18.3 Sleemon Furniture and Furnishing Introduction 11.18.4 Sleemon Revenue in Furniture and Furnishing Business (2017-2022) 11.18.5 Sleemon Recent Development 13 Report Conclusion 14 Disclaimer