Consumer

Bedroom Furniture Market Growth 2019-2024


Bedroom Furniture Market4608.jpeg

Bedroom furniture, sometimes called a bedroom set or bedroom suite consists of a group of furniture in a bedroom or sleeping quarters. Pieces of furniture referred to as bedroom furniture usually include: beds, wardrobes, dressers, chests, nightstands, armoires, vanities, trunks, and mirrors. There are also many variations of these pieces as furniture styles have changed through time and as individual manufacturers have put their own spin on them.

In the coming years there is an increasing demand for bedroom furniture in the regions of Asia Pacific, North America and Europe that is expected to drive the market for more high-quality bedroom furniture. Growth in residence income in the principal countries, increasing of consuming expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of bedroom furniture will drive growth in North America and Europe markets.

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Globally, the bedroom furniture industry market is very fragmented as the manufacturing technology of bedroom furniture is relatively matures than some high-tech equipment. And some enterprises, like IKEA, Ashley Furniture Industries, Steinhoff, Suofeiya Home Collection, NITORI, Sleemon, La-Z-Boy, Quanyou Furniture, Vaughan-Bassett Furniture, Hooker Furniture, Sauder Woodworking, Nolte Group, Klaussner Home Furnishings, Markor International Home Furnishings, Airsprung Group, etc.

are well-known for the wonderful performance of their bedroom furniture and related services. At the same time, United States reach to 48.57 billion USD in bedroom furniture industry, occupied 40.09% consumption market share in 2017, is remarkable in the global bedroom furniture industry because of their market share and technology status of bedroom furniture.The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.

According to this study, over the next five years the Bedroom Furniture market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 152300 million by 2024, from US$ 130900 million in 2019.
 

In particular, this report presents the global market share (sales and revenue) of key companies in the Bedroom Furniture business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Bedroom Furniture market by product type, application, key manufacturers and key regions and countries.This study considers the Bedroom Furniture value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Beds
  • Clothes Closets
  • Nightstands
  • Dressers
  • Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Household
  • Commercial

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • IKEA
  • Ashley Furniture Industries
  • Steinhoff
  • Suofeiya Home Collection
  • NITORI
  • Sleemon
  • La-Z-Boy
  • Quanyou Furniture
  • Vaughan-Bassett Furniture
  • Hooker Furniture
  • Sauder Woodworking
  • Nolte Group
  • Klaussner Home Furnishings
  • Markor International Home Furnishings
  • Airsprung Group
  • Hiep Long Fine Furniture
  • Godrej Interio
  • Wellem?bel
  • Royal Furniture Holding
  • Hukla
  • Sleepeezee
  • Qumei Home Furnishings Group
  • Durian
  • Hevea Furniture
  • D.P. Woodtech

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Bedroom Furniture consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Bedroom Furniture market by identifying its various subsegments.
  • Focuses on the key global Bedroom Furniture manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Bedroom Furniture with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Bedroom Furniture submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Bedroom Furniture Consumption 2014–2024
2.1.2 Bedroom Furniture Consumption CAGR by Region
2.2 Bedroom Furniture Segment by Type

3 Global Bedroom Furniture by Players
3.1 Global Bedroom Furniture Sales Market Share by Players
3.1.1 Global Bedroom Furniture Sales by Players (2017–2019)
3.1.2 Global Bedroom Furniture Sales Market Share by Players (2017–2019)

Key Que Answered in this report:

  1. What will the Global Bedroom Furniture Market?
  2. What are the key factors driving the Global Bedroom Furniture Market?
  3. What are the key market trends in the Bedroom Furniture Market?
  4. improve pasting the growth of this Bedroom Furniture Market?
  5. What are the market opportunities and threats faced by the Bedroom Furniture Market?
  6. What are the key outcomes of the five forces analysis of the Bedroom Furniture Market?

What is our report offers:

Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments

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