Dining Table Market
Growth Factors of Dining Table Market
The Dining Table Market size was valued at USD 7.81 billion in 2023 and is projected to grow from USD 8.22 billion in 2024 and reach USD 13.71 billion by 2032, exhibiting a CAGR of 6.6% during the forecast period of 2024-2032.
The COVID-19 pandemic had a important impact on the eating table market. With lockdowns and accelerated time spent at domestic, there was a surge in call for for domestic fixtures, along with dining tables. People invested in domestic improvement as they tailored to faraway paintings and eating at home. However, disruptions in deliver chains and a slowdown in manufacturing triggered transient shortages and fee hikes. As the market recovers, the call for has stabilized, but challenges like rising uncooked fabric prices persist.
A key fashion shaping the dining desk marketplace is the developing choice for multifunctional furniture. With smaller residing areas, specifically in urban areas, purchasers are searching out dining tables which can serve multiple functions, including doubling as a piece desk or storage space. This fashion has brought on producers to innovate with area-saving and versatile designs, catering to the cutting-edge way of life that demands each practicality and fashion.
One main driving issue inside the eating desk market is the rise of e-commerce. Online platforms have made it less difficult for purchasers to browse, examine, and buy dining tables from the consolation in their homes. This shift has improved the market reach for producers and outlets, providing access to a broader purchaser base. The comfort, variety, and aggressive pricing supplied by using e-commerce have turn out to be important in riding income increase, specifically within the put up-pandemic world.
Comprehensive Analysis of Dining Table Market
The Dining Table Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by material, by table shape, by end user. By Material include Wood, Metal, Plastic, Others. By Table Shape include Oval, Rectangular ,Round, Square. By End-User include Residential, Commercial.
The Asia Pacific region lead the Dining Table Market share by benefitting a market size of USD 3.55 billion Asia Pacific region exhibited a major global market share due to the significant consumption of wooden furniture items among households in China and India.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
June 2023, WOUD, a Danish design logo, showcased its new furniture designs of Ludo eating table, Soma eating chair, and Slalom step stool at a layout event to boom its product reach globally.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 6.6% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Material
By Table Shape
- Oval
- Rectangular
- Round
- Square
By End-User
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
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