The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising residential demand is likely to promote innovation in wooden household furniture manufacturing, propelling the market during the forecast period.

The global wooden household furniture market is expected to grow from $153.77 billion in 2022 to $160.18 billion in 2023 at a compound annual growth rate (CAGR) of 4.2%. The global wooden household furniture market size is expected to reach $188.26 billion in 2027 at a CAGR of 4.1%.

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Global Wooden Household Furniture Market Segments Include:

• By Product: Chairs, Tables, Cabinets, Other Products
• By Wood Type: Hardwood, Softwood
• By Material: Plywood, Laminates, Medium-Density Fiberboard (MDF), Other Materials
• By Distribution Channel: Online, Offline
• By Application: Residential, Commercial
• 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 is the largest region in the global wooden household furniture market in 2021.

Major Market Players in the wooden household furniture market include Inter IKEA Systems B.V., Godrej Interio, Herman Miller Inc., Steelcase Inc., HNI Corporation, Okamura Corp., Durian Industries Limited, Spacewood, Greenply Industries Limited.

Product innovation is a prevalent trend in the wooden household furniture market. As environmental concerns grow, many buyers are looking for wooden furniture made with environmentally friendly production practises and components drawn from sustainably sourced sources. As a result, leading market players are focusing on manufacturing sustainable and eco-friendly wooden furniture. Silk & Snow, a Canadian bedding firm, for example, developed a sustainable furniture collection for bedrooms in January 2022. This line is handcrafted using organic and non-toxic materials and built with a basic, tool-free method of Japanese joinery.

The Wooden Household Furniture Global Market Report 2023  provides a wooden household furniture market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The wooden household furniture market forecast analyzes wooden household furniture market size, wooden household furniture market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Wooden household furniture includes sofas, shutters, tables, chairs, and bath and vanity cabinets that are manufactured mostly or wholly of wood and are meant for use in a home or domestic setting.

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