Global Bedroom Furniture Market 2024-2028
Global Bedroom Furniture Market 2024-2028
The bedroom furniture market is forecasted to grow by USD 31.8 bn during 2023-2028, accelerating at a CAGR of 4.37% during the forecast period. The report on the bedroom furniture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising standard of living, leading to increased introduction of premium products, increased residential construction and home renovation, and robust growth in online sales.
Technavio's bedroom furniture market is segmented as below:
- By Product
- BBL and H
- Wardrobes
- Mattresses and supporters
- Chests and chest of drawers
- Others
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing demand for multifunctional bedroom furniture as one of the prime reasons driving the bedroom furniture market growth during the next few years. Also, growing demand for eco-friendly products and increasing demand for rta furniture will lead to sizable demand in the market.
The report on the bedroom furniture market covers the following areas:
- Bedroom furniture market sizing
- Bedroom furniture market forecast
- Bedroom furniture market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bedroom furniture market vendors that include Ashley Global Retail LLC, Abbyson Living LLC, Central Furniture Manufacturing Ltd., Century Furniture LLC, Dunns Furniture, FurnitureRoots, Giessegi Industria Mobili Spa, Global Furniture USA Inc., Godrej Interio, Hillsdale Furniture LLC, Hooker Furnishings Corp., hulsta werke Huls GmbH and Co. KG, Inter IKEA Holding B.V., Kohinoor Furniture, LaZBoy Inc., Legends Furniture Inc., MillerKnoll Inc., Restoration Hardware Inc., Roomstogo.com Inc., and Vaughan Bassett. Also, the bedroom furniture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.