The Furniture Global Market Report 2023, provides comprehensive information on the furniture market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Furniture Global Market Report 2023, the market size is expected to grow from $691 billion in 2022 to $739.44 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global furniture is expected to grow to $935.9 billion in 2027 at a CAGR of 6.1%.

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The furniture market is segmented:

1) By Type: Institutional And Office Furniture, Household Furniture And Kitchen Cabinet, Mattresses, Blinds And Shades

2) By Type of Material: Metal, Wood, Other Materials

3) By Distribution Channel: Exclusive Showrooms, Online, Hypermarkets, Other Distribution Channels

Subsegments Covered: Institutional Furniture, Office Furniture, Household Furniture, Kitchen Cabinet, Mattresses, Blind And Shade

Asia-Pacific was the largest region in the furniture market in 2022.

The table of contents in TBRC’s furniture market report includes:
1. Executive Summary
2. Report Structure
3. Furniture Market Characteristics
4. Furniture Market Product Analysis
5. Furniture Market Supply Chain
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21. Furniture Market Competitive Landscape
22. Key Mergers And Acquisitions In The Furniture Market
23. Market Background: Paper, Plastics, Rubber, Wood And Textile Manufacturing Market
24. Recommendations
25. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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