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Household Furniture And Kitchen Cabinet Manufacturing Market Global Briefing 2017
Publisher: TBRC
Published: 2017/01/19
Page: 34
Format: PDF
Price:
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The household furniture and kitchen cabinet manufacturing market comprises all firms engaged in producing household furniture including furniture for kitchen, bedroom and living room.
Asia was the largest region in the household furniture and kitchen cabinet manufacturing market in 2016, accounting for 38% market share. This can be attributed to high demand for household and kitchen furniture from middle class population in countries such as China and India owing to rising disposable income. The Americas was the second largest region accounting for 36% market share. Europe was the third largest region accounting for 22% market share.
RTA furniture is gaining traction among homeowners and renters globally. This is primarily because RTA furniture are cheap and serve the purpose of quick furnishings. A RTA furniture, also known as Knock Down furniture is not assembled by the manufacturer, and is available in parts with instructions to assemble the piece of furniture . This furniture has been popular for a while in developed countries, but RTA furniture has been gaining traction in developing economies such as China and India. RTA furniture also benefits manufacturers by eliminating the assembly time and cost of manufacturing, which allows manufacturers to focus only on design and production of parts . Some of the examples of RTA furniture include RTA bedroom sets, RTA dressers, RTA computer desks, RTA bookcases and RTA filing cabinets .For instance, IKEA a major ready to assemble manufacturer, is setting up its store in Hyderabad, India, owing to high demand for ready to assemble furniture in India.
Asia was the largest region in the household furniture and kitchen cabinet manufacturing market in 2016, accounting for 38% market share. This can be attributed to high demand for household and kitchen furniture from middle class population in countries such as China and India owing to rising disposable income. The Americas was the second largest region accounting for 36% market share. Europe was the third largest region accounting for 22% market share.
RTA furniture is gaining traction among homeowners and renters globally. This is primarily because RTA furniture are cheap and serve the purpose of quick furnishings. A RTA furniture, also known as Knock Down furniture is not assembled by the manufacturer, and is available in parts with instructions to assemble the piece of furniture . This furniture has been popular for a while in developed countries, but RTA furniture has been gaining traction in developing economies such as China and India. RTA furniture also benefits manufacturers by eliminating the assembly time and cost of manufacturing, which allows manufacturers to focus only on design and production of parts . Some of the examples of RTA furniture include RTA bedroom sets, RTA dressers, RTA computer desks, RTA bookcases and RTA filing cabinets .For instance, IKEA a major ready to assemble manufacturer, is setting up its store in Hyderabad, India, owing to high demand for ready to assemble furniture in India.
Household Furniture And Kitchen Cabinet Manufacturing Market Characteristics 5
Wood Kitchen Cabinet And Countertop Manufacturing 5
Upholstered Household Furniture Manufacturing 5
Non-Upholstered Wood Household Furniture Manufacturing 5
Metal Household Furniture Manufacturing 5
Household Furniture (Except Wood And Metal) Manufacturing 5
Household Furniture And Kitchen Cabinet Manufacturing Market Historic Growth 6
Household Furniture And Kitchen Cabinet Manufacturing Market Forecast Growth 8
Household Furniture And Kitchen Cabinet Manufacturing Market Segmentation 10
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Split By Segments, 2016, $ Billion 10
Household Furniture 11
Kitchen Cabinet 11
Household Furniture And Kitchen Cabinet Manufacturing Market Geography Regional and Country Comparison 12
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Split By Regions, 2016 12
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Historic And Forecast Growth Rate, Split By Region, 2012-2020 14
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Split By Country, 2016 16
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020 18
Household Furniture And Kitchen Cabinet Manufacturing Market Competitive Landscape 20
IKEA 21
Ashley Furniture 22
Leggett & Platt 22
Masco Corporation 23
Household Furniture And Kitchen Cabinet Manufacturing Market Key Mergers And Acquisitions 25
Household Furniture and Kitchen Cabinet Manufacturing Market Trends and Strategies 26
Ready-to-Assemble (RTA) Furniture Gaining Traction In Developing Economies 26
Growing Demand For Small And Portable Furniture 26
Furniture Manufacturers Adopting Sustainable Approach for Production 26
Online Stores Selling Furniture 27
Appendix 28
NAICS Definitions Of Industry Covered In This Report 28
Furniture Market 28
Household and Institutional Furniture and Kitchen Cabinet Manufacturing Market 28
Office Furniture (including Fixtures) Manufacturing Market 28
Other Furniture Related Product Manufacturing Market 29
Research Methodology 29
Abbreviations 30
Currencies 30
Research Inquiries 30
The Business Research Company 30
Wood Kitchen Cabinet And Countertop Manufacturing 5
Upholstered Household Furniture Manufacturing 5
Non-Upholstered Wood Household Furniture Manufacturing 5
Metal Household Furniture Manufacturing 5
Household Furniture (Except Wood And Metal) Manufacturing 5
Household Furniture And Kitchen Cabinet Manufacturing Market Historic Growth 6
Household Furniture And Kitchen Cabinet Manufacturing Market Forecast Growth 8
Household Furniture And Kitchen Cabinet Manufacturing Market Segmentation 10
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Split By Segments, 2016, $ Billion 10
Household Furniture 11
Kitchen Cabinet 11
Household Furniture And Kitchen Cabinet Manufacturing Market Geography Regional and Country Comparison 12
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Split By Regions, 2016 12
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Historic And Forecast Growth Rate, Split By Region, 2012-2020 14
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Split By Country, 2016 16
Global Household Furniture And Kitchen Cabinet Manufacturing Market, Historic And Forecast Growth Rate, Split By Country, 2012-2020 18
Household Furniture And Kitchen Cabinet Manufacturing Market Competitive Landscape 20
IKEA 21
Ashley Furniture 22
Leggett & Platt 22
Masco Corporation 23
Household Furniture And Kitchen Cabinet Manufacturing Market Key Mergers And Acquisitions 25
Household Furniture and Kitchen Cabinet Manufacturing Market Trends and Strategies 26
Ready-to-Assemble (RTA) Furniture Gaining Traction In Developing Economies 26
Growing Demand For Small And Portable Furniture 26
Furniture Manufacturers Adopting Sustainable Approach for Production 26
Online Stores Selling Furniture 27
Appendix 28
NAICS Definitions Of Industry Covered In This Report 28
Furniture Market 28
Household and Institutional Furniture and Kitchen Cabinet Manufacturing Market 28
Office Furniture (including Fixtures) Manufacturing Market 28
Other Furniture Related Product Manufacturing Market 29
Research Methodology 29
Abbreviations 30
Currencies 30
Research Inquiries 30
The Business Research Company 30