Ready-to-Assemble (RTA) Furniture Market Report 2016-2024


Posted July 18, 2018 by Steveblade

According to Goldstein Research, world ready-to-assemble furniture market is expected to reach USD 33 billion by 2024 from USD 23.85 billion in 2016, growing at a compounded annual growth rate of 4.1% over the forecast period 2016-2024.

 
According to Goldstein Research, world ready-to-assemble furniture market is expected to reach USD 33 billion by 2024 from USD 23.85 billion in 2016, growing at a compounded annual growth rate of 4.1% over the forecast period 2016-2024. The trend of functional furniture and competition among the industry players over the furniture innovation and customization is primarily driving the growth of ready-to-assemble furniture market globally. Global ready-to-assemble furniture market segmentation has been carried out on the basis of product type, material type, distribution channel and region. Based on product type, office RTA furniture account for largest market share and contributing nearly 60% business revenue. Global ready-to-assemble furniture market is majorly driven by Western Europe by more than 25% market share in terms of production as well as 25% market share in consumption. Europe is followed by North America ready-to-assemble furniture market growing at a CAGR of 3.1% over the forecast period.
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Market Segmentation
On the basis of our in-depth analysis, Global Ready-to-Assemble Furniture Market can be segmented as follows:
• By Product Type
o Residential Ready-to-Assemble Furniture
o Office Ready-to-Assemble Furniture
o Others (Shop, Hotels, etc)
• By Material Type
o Wood
o Plastic
o Metal
o Other (Glass, Leather, etc.)
• By End Users
o Residential
o Commercial
• By Distribution channel:
o Online
o Offline (wholesaler, retailers, etc )
• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Ready-to-Assemble Furniture Market Outlook 2024” contains detailed overview of the global ready-to-assemble furniture market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, material type and distribution channel.
Further, for the in-depth analysis, Global Ready-to-Assemble Furniture Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as IKEA, Pioneer Corporation, Bush Industries, Ashley, Godrej Interio, Dorel Industries, Sauder Woodworking, Alphason, Steinhoff International, Artiva USA, Cost plus World Market, Cymax, DMI Furniture, Euro Style, Home Reserve, Tvilum, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global ready-to-assemble furniture market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Key questions answered in this Global Ready-to-Assemble Furniture Report
• What is the Global Ready-to-Assemble Furniture Market Size by 2024 and what would be the expected growth rate of the industry?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the ready-to-assemble furniture market trends?
• What are the factors which are driving this industry?
• What are the major barriers to ready-to-assemble furniture industry growth?
• Who are the key vendors in this industry space?
• What are the industry opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?

About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on consumer retail industry reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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Steve Blade
(Global Sales Head)
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[email protected]
www.goldsteinresearch.com
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Issued By Steve Blade
Website Global Ready To Assemble (RTA) Furniture Market
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Last Updated July 18, 2018