Skip to main content Skip to footer content Shop Ads Virtual Shopping. Industry Trends. # 2. The Furniture Market size was valued at USD 637.26 billion in 2021 and is predicted to reach USD 945.53 billion by 2030 with a CAGR of 4.5% from 2022-2030. Looking forward, IMARC Group expects the market to reach US$ 676 Billion by 2027, exhibiting a CAGR of 1.21% during 2022-2027. Furniture Market size exceeded USD 545.78 billion in 2020 and is estimated to exhibit 5.4% CAGR from 2021 to 2027. Independent Furniture Retailers - 15% 3. Canada's office furniture manufacturing GDP 2015-2022. Complete Market Research, Market Analysis, CAGR, Trends, Major Players, Market Share, Market Size. 2021 and expected to reach USD 8,536.18 million in 2022, and is projected to grow at a CAGR 12.46% to reach USD 14,878.49 million by 2027. Read More. And of course, much more. The global "Retail Furniture Market" size is projected to reach Multimillion USD by 2027, In comparision to 2021, at unexpected CAGR during 2022-2027 and generated magnificent revenue. 8. Large exhibition salons and centers from various Chinese manufacturers are represented. Having great products and stellar service isn't enough to compete. OYESDesgn. Source: " The furniture distribution in Europe. Market Shares of Sales Channels. Retail Furniture Market 2021-2026: The Global Retail Furniture market exhibits comprehensive information that is a valuable source of insightful data for business strategists during the decade 2015-2026. Furniture spending drops by 0.8% in 2020, before a quick 4.7% recovery in 2021. The sudden COVID-19 pandemic, which hit the world during the initial days of 2020, has changed the face of the furniture industry on a large scale. Regions and Countries Level Analysis Regional analysis is another highly comprehensive part of the research and analysis study of the global Retail Furniture market presented in the report. 2019 to 2026. Detailed statistics. Global: revenue of the furniture market from 2012 . A year of unprecedented growth online. Springdale became northwest Arkansas' furniture market because of cheaper rent and sales taxes that were traditionally 1 percent less than in neighboring cities. Number of furniture manufacturing establishments in Ontario. Online retail furniture is the sale of furniture through e-commerce sales. 01-27-2022 11:45 AM CET | Advertising, Media Consulting, Marketing Research. ET The global "Retail Furniture Market" size is projected to reach Multimillion USD by 2027, In comparision to 2021, at unexpected CAGR during 2022-2027 and generated magnificent revenue. Figures are from 2012 through 2021, with forecasts for 2022 and 2026. Online Retail Furniture Latest Research Report. Home Furnishings Business' 2022 Forecast predicts 2021 furniture industry sales will end up +18.8% and forecasts 2022 at +5.9%, with the furniture and bedding industry totaling over $160 billion by the end of 2022. . Mail Order Companies - 4.3% 5. The commercial application segment is expected to grow at a CAGR of more than 5.8% over the forthcoming time period. The MarketWatch News Department was not involved in the creation of this content. 6.1.2.6 Steinhoff UK Retail Limited* *List Not Exhaustive . The report . This comprehensive market research report offers of an in-depth outlook on the Global Online Retail Furniture Market encompassing crucial factors such as the overall size of the global online retail furniture market, in both regional and country-wise terms, as well as market share values, an analysis of recent developments and potential opportunities, sales and competitive . Consumer and Retail; Furniture Market Furniture Market Size, Share Analysis . The furniture market is poised to foresee lucrative growth in the years ahead owing to the . We offer syndicated/off-the-shelf and custom market research reports covering Furniture Retailing industry. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of . The growing furniture online market . The global impact of COVID-19 has been unprecedented and staggering, with the market witnessing a positive demand shock . Number of furniture . The Online Retail Furniture Market size is expected to grow at an annual average of CAGR 2% during the forecast period (2022-2028). Retail Furniture Market to See Massive Growth by 2026 | Dorel Industries, Simplicity Sofas, Whalen Furniture. Furniture market value in Denmark 2016, by product group Furniture's share of retail trade turnover in Russia 1992-2020 Furniture market value in Switzerland 2006-2012 47" to 71" Custom Reception desk, Office Furniture, Reception Counter, Retail Counter Cash Wrap, Sales Counter, Front Desk, Modern Desk. Market overview. The United Kingdom home furniture market is projected to register a CAGR of greater than 3.2% during the forecast period, 2021-2026. IBISWorld's statistic shows that as of 2022 the market size of the Furniture Stores industry is $75.7bn an increase of 3.57% from 2021. Thomas Lester is Retail Editor for Furniture Today and Digital/Managing Editor for Home Accents Today. Pazhou JSWB furniture . According To Verified Market Research, Global Online Retail Furniture Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the . 1.4.1 Global Retail Furniture Market Size and Growth Rate of Independent Specialist Retailers from 2014 to 2026. Select Language. Despite challenges, the outlook on furniture industry growth is incredibly strong. The "Global Online Retail Furniture Market" Analysis 2020 to 2026 is a specialized and in-depth study of the Online Retail Furniture industry with a focus on the global market trend. Order online then pick up in stock items from your local NFM store same day with fast and free store pickup, or get it delivered. Global Online Retail Furniture Market by Type (Wooden Furniture, Leather & Fabric Furniture, Metal Furniture, Other), By Application (Household, Commercial, Others) And By Region (North . Direct-to-consumer furniture brands can be seen doing their part to boost e-commerce furniture sales. On the basis of historical data, Retail Furniture market report provides key segments and their sub-segments, revenue and demand & supply data Retail Furniture Market By Type (Wooden Furniture, Leather & Fabric Furniture, Metal Furniture, Other), By Application (Independent Specialist Retailers, Independent Furniture Chains, Convenient Stores, Others (Online)), Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2021-2027 Growing development of new residential projects across the globe is likely to drive the industry growth. The report also considers the impact of COVID-19 on the global Retail Furniture Market. The sudden COVID-19 pandemic, which hit the world during the initial days of 2020, has changed the face of the furniture industry on a large scale. The market research report includes: Historical data and analysis for the key drivers of this industry. Online Retail Furniture Market Competition by Manufacturers Impact Analysis of COVID-19 on Online Retail Furniture Market Online Retail FurnitureCapacity, Production, Revenue (Value) by Region . The global furniture market is expected to grow at a CAGR of about 5.2% in the forecast period of 2022-2027, driven by the growing infrastructure and hospitality sectors. Online retail furniture is the sale of furniture through e-commerce sales. Direct-to-consumer furniture brands can be seen doing their part to boost e-commerce furniture sales. (52) $1,145.00 FREE shipping. Online Retail Furniture Market In 2022 (Short Description) : Online Retail Furniture is a form of e-commerce that allows consumers to shop from anywhere using a web-based app. Looking forward, IMARC Group expects the market to reach US$ 18.2 Billion by 2027, exhibiting at a CAGR of 5.7% during 2022-2027. Online Retail Furniture market is split by Type and by Application. 1.4.3 Global Retail Furniture Market Size and Growth Rate of Convenient Stores from 2014 to 2026 1,537. Change Language. 18003369136 . The market is segmented on the basis of End-user Industry (Independent Specialist Retailers, Independent Furniture Chains, Convenient Stores (Online)), By Type (Wooden Furniture, Leather and Fabric Furniture . The global RTA furniture market reached a value of US$ 13.1 Billion in 2021. New Jersey, N.J., Aug 14, 2022 The Online Retail Furniture Market research report provides all the information related to the industry. Need Help? 1.4.2 Global Retail Furniture Market Size and Growth Rate of Independent Furniture Chains from 2014 to 2026. New Jersey, United States,-The Global Retail Furniture Market report 2022-2028 covers revenue, trade volume, size, value and such valuable data.The Retail Furniture market report provides an objective and unbiased assessment and evaluation of the opportunities in the Retail Furniture market through a systematic market research report that includes numerous other market-related fundamentals. According to CSIL estimates, the top 15 retailing companies generate nearly 30% of the total value of the Western European market. Furniture Industry Statistics. A graduate of Emory & Henry College's Mass Communications program, Lester spent a dozen years . Market Overview: The global retail furniture market is expected to grow at a CAGR of 5.5% from 2022 to 2030. COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. You need to be top of mind at the right time and provide a buying experience that compels shoppers to complete the sale. Now, Bynum's sofas range in price from $277 to $1,000. The Online Retail Furniture market is segmented into Product Types: Wooden Furniture; Leather & Fabric Furniture The following list illustrates the market share of the different sales channels within the furniture industry. Disruption sends shockwaves across the retail sector. An assessment of the competitive landscape and market shares for major companies. The furniture market is expected to register a CAGR of 5% during the forecast period of 2021-2026. High Point is known as the Home Furnishings Capital of the World and for good reason. MARKET OPPORTUNITIES AND FUTURE TRENDS. 3.Focuses on the key global Retail Furniture manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years. What is the market size of the Furniture Stores industry in the US? 2.To understand the structure of Retail Furniture market by identifying its various subsegments. 7. The report includes quantitative analysis of the market supported by the market drivers, challenges, and trends to accurately map the market scenario and . According to this latest study, In 2022 the growth of Bed Frames Market is projected to reach Multimillion USD by 2028, In comparison to 2021, Over the 2022 Retail Sales of Furniture Coverings, Including Ready-Made and Custom-Made Global Market Size & Growth Report with Updated Forecasts. The Retail Furniture market is segmented into Product Types: Wooden Furniture; Leather & Fabric Furniture; Metal . The Retail Furniture market regional presence is showcased in five major regions Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. 3/4" Thick Birch. Big-ticket sectors hit by disruption in mid-2020, lining up a windfall of new demand moving forward. A five-year forecast of the market and noted trends. . 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