Global Household Furniture And Kitchen Cabinet Market
Paper, Plastics, Rubber, Wood And Textile Manufacturing

Global Household Furniture And Kitchen Cabinet Market Overview And Prospects

Learn about the global household furniture and kitchen cabinet market through The Business Research Company, which provides information on household furniture and kitchen cabinet market size, household furniture and kitchen cabinet market drivers and restraints, household furniture and kitchen cabinet market players, the COVID-19 impact on the household furniture and kitchen cabinet market, and more.

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The global household furniture and kitchen cabinet market is expected to grow from $282.6 billion in 2020 to $343. billion in 2021 at a compound annual growth rate (CAGR) of 21.%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $426.7 billion in 2025 at a CAGR of 6%.

Increasing demand for online shopping is expected to help the household furniture and kitchen cabinets market grow.

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The household furniture and kitchen cabinet market consists of sales of household furniture and kitchen cabinets by entities (organizations, sole traders and partnerships) that produce household furniture including furniture for kitchens, bedrooms and living rooms. This market includes built-in kitchen cabinets.

Global Household Furniture And Kitchen Cabinet Market Segments Include:
By Type:
Household Furniture, Kitchen Cabinet
By Type of Material: Metal, Wood, Others
By Distribution: Channel: Online, Offline
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global household furniture and kitchen cabinet market, accounting for 51% of the market in 2020.

RTA furniture is gaining traction among homeowners and renters globally. This is primarily because RTA furniture is cheap and serves the purpose of quick furnishings. 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. Already popular in developed countries, 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.

TBRC’s household furniture and kitchen cabinet market report covers:

Major Market Players: IKEA AB, Ashley Furniture Industries Inc, Leggett & Platt Incorporated, La-Z-Boy Incorporated, Man Wah Holdings Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Household Furniture And Kitchen Cabinet Global Market Report 2021 – COVID-19 Impact And Recovery to 2030 is one of a series of new reports from The Business Research Company that provides household furniture and kitchen cabinet market overviews, analyzes and forecasts market size, share, household furniture and kitchen cabinet market players, household furniture and kitchen cabinet market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s household furniture and kitchen cabinet market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

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