Wooden Furniture Market Trends, Analysis & Forecast,2027

1. Wooden Furniture Market Report 2021-2027: Industry Growth And Top Company Profiles

2. Industry Insights: • Global wooden furniture market size is expected to amass considerable profits over 2021-2027, due to rapid urbanization, high consumer spending on luxury furniture, and rising e-Commerce penetration worldwide. In addition, changing lifestyles, increasing affordability, and the strong focus on customization of home interiors with innovative wood furniture will also spur market growth in the years ahead. • The consumption of multi-functional furniture with innovative space design, additional storage options, and easy portability has been increasing greatly over the past years. Growing acceptance of modular furniture and the limited availability of space in average-size homes in various nations will also contribute to the growth of wooden furniture brands over the forthcoming years. The global wooden furniture market size is anticipated to cross $550 billion by 2027.

3. Wooden furniture products have been increasingly gaining prominence over the years, due to their aesthetic appeal and environment-friendly nature. Wood is also being considered a naturally hypoallergenic material and can promote good air quality. These myriad material benefits will promote the growth of the global industry over the projected timeframe. • Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4107 • On the basis of application, the wooden furniture industry from the residential segment is set to depict over 5% CAGR through 2027. The bedroom sub-segment will register an appreciable revenue over the estimated timeline, due to the rising installation of fitted furniture, particularly sliding wardrobe doors. Growth from the segment can further be attributed to the steady increase in the adoption of natural textures and styles, high economic stability, and the surging number of independent dwellings.

4. Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/wooden-furniture-market Chapter 4 Wooden Furniture Market, By Application 4.1 Key application insights 4.2 Residential 4.2.1 Market estimates and forecasts, 2017 – 2027 4.2.2 Market estimates and forecasts by region, 2017 – 2027 4.2.3 Upholstered furniture 4.2.3.1 Market estimates and forecasts, 2017 – 2027

5. 4.2.4 Non-upholstered furniture 4.2.4.1 Market estimates and forecasts, 2017 – 2027 4.2.4.2 Market estimates and forecasts by region, 2017 – 2027 4.2.5 Bedroom 4.2.5.1 Market estimates and forecasts, 2017 – 2027 4.2.5.2 Market estimates and forecasts by region, 2017 – 2027 4.2.6 Kitchen cabinet 4.2.6.1 Market estimates and forecasts, 2017 – 2027 4.2.6.2 Market estimates and forecasts by region, 2017 – 2027

6. Region: • Regionally, the North America wooden furniture industry is poised to exhibit around 5.5% CAGR through 2027. This is due to the rising need for dining tables, kitchen furniture cabinets, and upholstered and non-upholstered components across the residential sector. High emphasis on color and texture variants in wooden furniture products has also been observed, which is characterized by the rapid increase in interior designing activities. • Meanwhile, in the commercial sector, the escalating demand for wood furniture across schools, hospitals, hotels, and other commercial spaces has been witnessed. These factors, along with the government investment in childcare, eldercare, and healthcare institutions, will foster regional market trends over the coming years.

7. Key Players • Ashley Furniture Industries • Bassett Furniture Industries Inc • An Cuong • Bernhardt Furniture Company • Avy Interior Limited Company

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