The Business Research
Company has announced the addition of the "Household Furniture Market
Global Opportunities And Strategies To 2023" report to their offering.
The household furniture market consists of
sales of household furniture products such as dining tables, sofas, beds,
chairs, bassinets, bookcases, chairs, TV stands, juvenile furniture and other
household furniture products made from materials including wood, metal,
plastics, reed, rattan, wicker and fiberglass.
View Complete Report:
Household
Furniture Market Size
The global household furniture market reached
a value of nearly $235 billion in 2018, having grown at a compound annual
growth rate (CAGR) of more than 6% since 2014.
Growth in the household furniture market in
the historic period resulted from the growth in emerging markets, rise in
internet penetration, and growth in residential construction. Factor that
negatively affected growth in the historic period was lumber supply crisis.
Going forward, economic growth, growing popularity
of eco-friendly furniture and changes in lifestyle will drive growth. Factors
that could hinder the growth of this market in the future include shortages of
skilled workers, trade protectionism and stringent regulations.
The Key
drivers of the household furniture market include:
Growing Popularity of Eco-Friendly Furniture
- The household furniture market is expected to benefit from the growing
popularity of products made from sustainable raw materials such as rattan.
Consumers are showing a preference for furniture with raw materials procured
from sustainable sources. Household furniture products made from rattan, which
grows faster than wood, are durable and more resistant to wear and tear. This
has increased its use in household furniture manufacturing. According to a
survey conducted by Furniture Today in 2015, 70% of respondents were willing to
pay more for eco-friendly materials. This rise in the demand for
eco-friendly products is likely to drive the household furniture market during
the forecast period.
Request a Sample of This Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=2317&type=smp
Table Of
Content:
Chapter 1.Executive Summary
Chapter 2.Table of Contents
Chapter 3.List of Figures
Chapter 4.List of Tables
Chapter 5.Report Structure
Chapter 6.Introduction
Chapter 7.Household Furniture Market
Characteristics
Chapter 8.Household Furniture Market
Development Process And Distribution Channels
Chapter 9.Household Furniture Market Customer
Information
Chapter 10.Household Furniture Market Trends
and Strategies
Chapter 11.Household Furniture Market Size And
Growth
Chapter 12.Household Furniture Market Regional
And Country Analysis
Chapter 13.Household Furniture Market
Segmentation
Chapter 14.Household Furniture Market Metrics
Chapter 15.Asia-Pacific Household Furniture
Market
Discount Offered On The Household Furniture Market Report:
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