Now Available: Global Furniture Market 2016-2020

From: Fast Market Research, Inc.
Published: Fri Apr 15 2016

With the growing population, increase in the number of single-parent families, and the booming real estate industry worldwide, the market has been growing steadily year-on-year over the last few years. Vendors are sometimes unable to cope with the costs of production for reasons such as the rapid obsolescence of production technologies and the high cost of modernization and power, which are challenges that hinder the growth of the market. Revenue growth in the market will be driven by the rising demand for premium and designer furniture.

Full Report Details at

Technavio's analysts forecast the global furniture market to grow at a CAGR of 4.18% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global furniture market for 2016-2020. To calculate the market size, the report takes into account revenue generated from retail sales of home and office furniture. Home office furniture has been considered under the office furniture segment.

The market is divided into the following segments based on geography:

* Americas
* Europe

Technavio's report, Global Furniture Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* Ashley Furniture
* Steelcase
* Williams-Sonoma

Other prominent vendors

* 9to5 Seating
* Amazon
* ATG Stores
* AFC Systems
* Bed Bath & Beyond
* Berco Furniture Solutions
* Clarin
* Carrefour
* Costco Wholesale
* Creative Wood
* Global Upholstery
* Godrej & Boyce
* Herman Miller
* J.C. Penney
* KI
* Kimball International
* Kinnarps
* Knoll
* Kokuyo
* Okamura
* Otto
* Sears Holdings
* Steinhoff International
* Target
* Tesco
* Walmart
* Wayfair

Market driver

* Increase in number of office spaces and declining vacancy rate
* For a full, detailed list, view our report

Market challenge

* Complexity in supply chain operations
* For a full, detailed list, view our report

Market trend

* Online retailing
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2020 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?

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You may also be interested in these related reports:

- Global Luxury Furniture Market 2015-2019
- Global Furniture Wood Coatings Market 2015-2019
- Global Home Office Furniture Market 2015-2019
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- Global Baby Safety Products Market 2015-2019

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