Clients can easily download both quantitative as well as qualitative reports in PDF and excel formats. NORTH AMERICA FURNITURE MARKET, BY COUNTRY, 2017–2025 ($MILLION)TABLE 05. T&C*. The rise in the global economy has increased the spending capacity of the consumers, which in turn has impelled the sale of branded furniture items in the market. UAE FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 49. Market size and forecast, by distribution channel, 6.5.7.1. Performance of China’s furniture market: decreasing performance in 2018 According to the National Bureau of Statistics, in 2015, there were 5,290 furniture enterprises in China with a total estimation of 769.61 million pieces of furniture produced. Low-cost furniture producers such as China and Vietnam are also anticipated to drive the growth of the furniture market. Brazil, 6.5.5.1. Retail sales share of IKEA worldwide in fiscal year 2020, by sales channel [Graph]. However, scarcity of skilled labor, better transportation facilities, and infrastructure facilities may act as a hindrance for the global furniture market. U.S. FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 07. In addition, emerging new species of wood tree for furniture manufacturing and marketing through internet are some of the factors that are expected to contribute to the growth of the market across the globe. Market size and forecast, by distribution channel, 6.2.7.1. Online retailing and increase in demand for multifunctional furniture present significant opportunities for the growth of the North America furniture market. REST OF ASIA-PACIFIC FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 31. INDIA FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 33. Additionally, minimal use of sustainable material and online retailing of furniture also boosts the market demand among the various income groups. CHINA FURNITURE MARKET, 2017–2025 ($MILLION)FIGURE 26. HIGH INTENSITY OF COMPETITIVE RIVALRYFIGURE 12. Operating players in this market prefer to sell their products through e-commerce platforms for maximizing reach. These factors are expected to boost the sale of furniture though e-commerce segment during the forecast period. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook This is a list of top 9 Ikea competitors. Areas where the Local Furniture Industry is Concentrated at in China. Market size and forecast, by type6.5.6.2. This report provides a quantitative analysis of the current furniture market trends, estimations, and dynamics of the global furniture market size from 2018 to 2025 to identify the prevailing furniture market opportunity. 6.2.1. GLOBAL FURNITURE MARKET SHARE, BY REGION, 2017 (%)FIGURE 16. The report covers major international players operating in the UK Home Furniture Market. Also, some companies provide “designing your own interior sitting at home” service with the help of an online interactive room designer software. The integration of internet of things into furniture products is projected to further escalate the market growth. BRAZIL FURNITURE MARKET, BY DISTRIBUTION CHANNEL , 2017-2025 ($MILLION)TABLE 46. The Growth of Online Furniture Sales. SPAIN FURNITURE MARKET, BY TYPE, 2017-2025 ($MILLION)TABLE 17. End-uses of the Furniture Market include commercial and household. Key findings, 3.2.1. FY20 (the fiscal year of 2020) is the period from September 1, 2019 to August 31, 2020. In, IKEA. TOP INVESTMENT POCKET, 2017-2015FIGURE 04. © 2020 Allied Market Research. GLOBAL FURNITURE MARKET SHARE, BY TYPE, 2017 (%)FIGURE 14. Market size and forecast, by type6.5.3. Ikea also grew its market share in the UK to 9%. in the U.S. 2017-2019, Annual donations by IKEA Foundation worldwide 2010-2015, Sales of the leading online furniture retailers in the U.S. 2018, Combined sales of the leading 25 furniture and bedding retailers U.S. 2015-2017, Veneta Cucine: number of employees 2011-2017, Veneta Cucine: net profits/losses 2014-2018, Veneta Cucine: equity capital in 2014-2017, Sales share of the U.S. furniture and bedding industry in 2018, by channel, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. This outstrips the wider performance of Ikea worldwide in fiscal year of 2020 ) the. 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