Wooden Furniture Market
Wooden Furniture Market Size, Share & Trends Analysis Report by Wooden Type (Softwood, Hardwood), By Product (Chairs, Tables, Cabinets, and Others), and by Distribution Channel (Supermarket and Hypermarket, Specialty Stores, E-commerce and Others), by End Users (Residential, Commercial), Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Wooden furniture market is anticipated to grow at a CAGR of 4.64% during the forecast period (2023-2030). The growth of the wooden furniture market is being significantly impacted by rising disposable incomes, the rapid expansion of the real estate and hospitality sectors, and rising demand for luxury and premium furniture from certain consumer segments. The necessity for such luxurious products would grow as a result of the company's exquisite home conveniences being used frequently and luring consumers to buy them. For instance, in February 2020, With the help of its Indian supplier, Sources Unlimited, the Italian company BAXTER introduced opulent, cutting-edge, and expertly constructed fixture products in India. Instant gratification and satisfaction are provided by the offline channel. An experienced store is a sort of retail establishment where customers can physically touch, feel, and view things that are often offered through e-commerce platforms. For Instance, in January 2023, In Mumbai, the omnichannel furniture company Wooden Street opened its eighth experience store. The recently opened shop will sell furniture and home decor items and is situated at Arihant Aarohi, Kalyan-Shil Road, Shilphata, Padle Gaon in Thane, Maharashtra.
Segmental Outlook
The global wooden furniture market is segmented on the wooden type, product, distribution channel, and end users. Based on the wooden type, the market is sub-segmented into softwood and hardwood. Based on the product, the market is sub-segmented into chairs, tables, cabinets, and others (Sofas and Couches). Further, on the basis of the distribution channel, the market is sub-segmented into Supermarkets and Hypermarket, Specialty Stores, e-commerce, and others (local stores and independent retailers), and on the basis of end-user, the market is sub-segmented into residential and commercial. Among the product, the chair and tables sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of designs and innovative art.
The Supermarket and Specialty Stores Sub-Segment is Anticipated to Hold a Considerable Share of the Global Wooden Furniture Market
Among the distribution channel, the supermarket and specialty stores sub-segment is expected to hold a considerable share of the global wooden furniture market. The demand for wooden furniture in supermarkets and specialty stores is rising due to a number of factors, including urbanization and the housing boom, interior design and home décor trends, eco-friendly and substantial options, product variety and affordability, and marketing and promotional tactics. For Instance, in June 2023, A Selection Of Veneer Furniture Pieces With Mesmerizing Details Are Launched By Durian Furniture. They have introduced a highly sought-after line of classic coffee tables, side tables, TV stands, buffets, and other furniture that dazzles with the natural beauty of exotic veneers and captivating patterns made by expert Marquetry artisans.
Regional Outlook
The global wooden furniture market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to the high concentration of the market solution vendors including Xuzhou Mega Industries Ltd. Godrej Interio, Excel Furniture, Linyi haisen Wood Co., Ltd., and others.
The North America Region is Expected to Grow at a Significant CAGR in the Global Wooden Furniture Market
Among all regions, the North American region is anticipated to grow at a considerable CAGR over the forecast period. The wooden furniture industry in North America has benefited from improvements in production processes, design skills, and finishes. These developments have produced brand-new, enticing wooden furniture items that are grabbing consumers' interest and expanding the market. For Instance, in April 2023, Dropcity, a Milan-based architecture and design center, announces the dates of its 2023 convention, which will feature a schedule of exhibitions, installations, and conferences. The center, which will have 28 tunnels when it opens in 2024, will house libraries, production workshops, exhibition galleries, and prototyping labs.
The natural and organic aesthetic is frequently emphasized in North American home design, and wooden furniture is a fantastic fit for this look. Wood's warmth, texture, and inherent beauty help to create a welcoming atmosphere in both residential and business areas. The new service from IKEA U.S. can individually assist people in redesigning life at home and in business for the better. For Instance, in April 2023, the Launch of the Interior Design Service by IKEA US. IKEA's enormous selection of DIY furniture projects and minimalist décor comes to the aid of several low-cost home renovations. The designer will work on everything from mood boards to product lists to create the client's ideal place in 3D.
Market Players Outlook
The major companies serving the wooden furniture market include Haworth, Inc., Inter IKEA Systems BV, Steelcase Inc., Masco Corp., HNI Corp., & J.G. STICKLEY, INC., Kimball International, Inc., Okamura Corp., Heritage Home Group LLC, and Durham furniture Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2022 Wooden Furniture brand HATIL, which has been around for three decades, is now well-known among consumers and collectors. By concentrating on the topic "Modern furniture crafted with elegance," the company hopes to increase its global presence. The business offers a high-end selection of wooden furniture with flawless quality manufactured wood furniture and a deft touch of seasoned artisanship.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global wooden furniture market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Herman Miller Inc.,
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Steelcase Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. HNI Corp.,
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Wooden Furniture Market by Wooden Type
4.1.1. Softwood
4.1.2. Hardwood
4.2. Global Wooden Furniture Market by Product
4.2.1. Chairs
4.2.2. Tables
4.2.3. Cabinets
4.2.4. Others (Sofas and Couches)
4.3. Global Wooden Furniture Market by Distribution Channel
4.3.1. Supermarket and Hypermarket
4.3.2. Speciality Stores
4.3.3. E-Commerce
4.3.4. Others (Local Stores and Independent retailers)
4.4. Global Programmatic Advertising Market by End Users
4.4.1. Residentials
4.4.2. Commercials
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Ashcomm LLC
6.2. Ashley furniture Industries
6.3. Duff & Phelps Corp.
6.4. Durham furniture Inc.
6.5. Global furniture USA
6.6. Haworth Inc.
6.7. Heritage home group LLC
6.8. Inter IKEA system B.V
6.9. Kimball international, Inc.
6.10. Masco corp.
6.11. Natuzzi SPA
6.12. Okamura corp.
6.13. PAN Emirates home furnishings
6.14. Saudi modern factory
6.15. Shenzhen zouyou Furniture Co,.Ltd.
1. GLOBAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY WOODEN TYPE, 2022-2030 ($ MILLION)
2. GLOBAL SOFTWOOD FURNITURE MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
3. GLOBAL HARDWOOD FURNITURE MARKET RESEARCH AND ANALYSIS BY REGION,2022-2030 ($ MILLION)
4. GLOBAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
5. GLOBAL WOODEN CHAIR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL WOODEN TABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL WOODEN CABINETS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL OTHERS WOODEN MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL WOODEN MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
10. GLOBAL WOODEN FURNITURE VIA SUPERMARKET AND HYPERMARKET MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022–2030 ($ MILLION)
11. GLOBAL WOODEN FURNITURE VIA SPECIALITY STORES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022–2030 ($ MILLION)
12. GLOBAL WOODEN FURNITURE VIA E-COMMERCE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022–2030 ($ MILLION)
13. GLOBAL WOODEN FURNITURE VIA OTHER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022–2030 ($ MILLION)
14. GLOBAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
15. GLOBAL RESIDENTIAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END USERS, 2022-2030 ($ MILLION)
16. GLOBAL COMMERCIAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
17. GLOBAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. NORTH AMERICAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
19. NORTH AMERICAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY WOODEN TYPE, 2022-2030 ($ MILLION)
20. NORTH AMERICAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
21. NORTH AMERICAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
22. NORTH AMERICAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
23. EUROPEAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
24. EUROPEAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY WOODEN TYPE, 2022-2030 ($ MILLION)
25. EUROPEAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
26. EUROPEAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
27. EUROPEAN WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
28. ASIA- PACIFIC WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
29. ASIA- PACIFIC WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY WOODEN TYPE, 2022-2030 ($ MILLION)
30. ASIA- PACIFIC WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022-2030 ($ MILLION)
31. ASIA- PACIFIC WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
32. ASIA- PACIFIC WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
33. REST OF THE WORLD WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
34. REST OF THE WORLD ASPIRIN MARKET RESEARCH AND ANALYSIS BY WOODEN TYPE , 2022-2030 ($ MILLION)
35. REST OF THE WORLD ASPIRIN MARKET RESEARCH AND ANALYSIS BY PRODUCT , 2022-2030 ($ MILLION)
36. REST OF THE WORLD ASPIRIN MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022-2030 ($ MILLION)
37. REST OF THE WORLD ASPIRIN MARKET RESEARCH AND ANALYSIS BY END USER, 2022-2030 ($ MILLION)
1. GLOBAL WOODEN FURNITURE MARKET SHARE BY WOODEN TYPE, 2022 VS 2030 (%)
2. GLOBAL SOFTWOOD FURNITURE MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
3. GLOBAL HARDWOOD FURNITURE MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
4. GLOBAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2022 VS 2030 (%)
5. GLOBAL WOODEN CHAIR MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
6. GLOBAL WOODEN TABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
7. GLOBAL WOODEN TABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
8. GLOBAL WOODEN CABINETS MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
9. GLOBAL OTHERS WOODEN MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
10. GLOBAL WOODEN FURNITURE VIA OTHER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
11. GLOBAL WOODEN FURNITURE VIA SPECIALITY STORES MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
12. GLOBAL WOODEN FURNITURE VIA E-COMMERCE MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
13. GLOBAL WOODEN FURNITURE VIA OTHER MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
14. GLOBAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END USER, 2022 VS 2030 (%)
15. GLOBAL RESIDENTIAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END USERS, 2022 VS 2030 (%)
16. GLOBAL COMMERCIAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022 VS 2030 (%)
17. GLOBAL WOODEN FURNITURE MARKET RESEARCH AND ANALYSIS BY REGION, 2022 VS 2030 (%)
18. US WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
19. CANADA WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
20. UK WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
21. FRANCE WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
22. GERMANY WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
23. ITALY WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
24. SPAIN WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
25. REST OF EUROPE WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
26. INDIA WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
27. CHINA WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
28. JAPAN WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
29. SOUTH KOREA WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
30. REST OF ASIA-PACIFIC WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
31. REST OF THE WORLD WOODEN FURNITURE MARKET SIZE, 2022-2030 ($ MILLION)
