Wooden Furniture Market size is set to grow by USD 108.09 billion from 2022 to 2027| Efficient Power Conversion Corp., Fujitsu Ltd., Infineon Technologies AG, and more to emerge as key players- Technavio

NEW YORK, July 13, 2023 /PRNewswire/ -- The wooden furniture market size is estimated to grow by USD 108.09 billion from 2022 to 2027 at a CAGR of 5.56%, according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including Ashley Furniture Industries LLC, Danube Group, Duresta Upholstery Ltd., Durian Pvt. Ltd., FABRYKI MEBLI FORTE SA, Global Furniture Group, Godrej and Boyce Manufacturing Co. Ltd., Haworth Inc., HNI Corp., Hooker Furniture Corp., Inter IKEA Holding BV, Kinnarps AB, LaZBoy Inc., MillerKnoll Inc., Natuzzi SpA, Nilkamal Ltd., Okamura Corp., Pan Emirates Home Furnishings, Samson Holding Ltd., and Steelcase Inc.

Wooden Furniture Market Insights -

• Vendors: 15+, Including Ashley Furniture Industries LLC, Danube Group, Duresta Upholstery Ltd., Durian Pvt. Ltd., FABRYKI MEBLI FORTE SA, Global Furniture Group, Godrej and Boyce Manufacturing Co. Ltd., Haworth Inc., HNI Corp., Hooker Furniture Corp., Inter IKEA Holding BV, Kinnarps AB, LaZBoy Inc., MillerKnoll Inc., Natuzzi SpA, Nilkamal Ltd., Okamura Corp., Pan Emirates Home Furnishings, Samson Holding Ltd., and Steelcase Inc, among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Application (Home and Office), Distribution Channel (Offline and Online), and Geography (APAC, Europe, North America, South America, and Middle East and Africa)

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Wooden furniture market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Key Wooden Furniture Market Driver - The growth of the real estate and construction industry is the major factor driving the wooden furniture market.  The expansion of the real estate sector, encompassing the construction of office spaces, shopping centers, and homes, has generated a notable upsurge in the global demand for wooden furniture. This increased demand can be attributed to various factors, including the growing number of single-person and two-person households, the prolonged lifespan of baby boomers, the rapid pace of urbanization, and the evolving lifestyle preferences of millennials. Moreover, the necessity for multifunctional furniture has arisen as a consequence of space constraints in urban areas. Over the past decade, the global wood furniture market has witnessed substantial growth, driven by heightened investments in properties on a global scale. Developing economies, notably India and China, are experiencing significant expansion in their real estate sectors. The wood furniture market closely correlates with advancements in the property sector and the overall progression of the construction industry. Therefore, such factors are expected to drive market growth during the forecast period.

Key Wooden Furniture Market Trends - The increasing adoption of eco-friendly furniture is an emerging factor driving the wooden furniture market trend. 

Key Wooden Furniture Market Challenge - The cost hikes faced by manufacturers and vendors of wooden furniture are a significant challenge hindering market growth. 

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a  sample report!

The wooden furniture market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this Wooden Furniture Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the wooden furniture market between 2023 and 2027
• Precise estimation of the wooden furniture market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the wooden furniture market industry across APAC, Europe, North America, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of wooden furniture market vendors

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The Street Furniture Market study is a comprehensive report with in-depth qualitative and quantitative research evaluating the current scenario and analyzing the growth of 2.24% and CAGR of 2.92% for the forecast period 2021 to 2026. This report extensively covers street furniture market segmentation by distribution channel (offline and online) and geography (North America, APAC, Europe, South America, and the Middle East and Africa). Replacement of wood with composite wooden furniture is one of the major drivers impacting the street furniture market growth.

Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global bovine gelatin market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global bovine gelatin market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Product Type Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Product Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Type A - Market size and forecast 2022-2027
• Exhibit 34: Chart on Type A - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Type A - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Type A - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Type A - Year-over-year growth 2022-2027 (%)

• 6.4 Type B - Market size and forecast 2022-2027
• Exhibit 38: Chart on Type B - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Type B - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Type B - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Type B - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ million)
• Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Product Type

• 7.1 Market segments 
• Exhibit 44: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Product Type - Market share 2022-2027 (%)

• 7.2 Comparison by Product Type 
• Exhibit 46: Chart on Comparison by Product Type
• Exhibit 47: Data Table on Comparison by Product Type

• 7.3 Capsules and tablets - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Capsules and tablets - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Capsules and tablets - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Capsules and tablets - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Capsules and tablets - Year-over-year growth 2022-2027 (%)

• 7.4 Powder - Market size and forecast 2022-2027
• Exhibit 52: Chart on Powder - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Powder - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Powder - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Powder - Year-over-year growth 2022-2027 (%)

• 7.5 Liquid - Market size and forecast 2022-2027
• Exhibit 56: Chart on Liquid - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Liquid - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Liquid - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Liquid - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Product Type 
• Exhibit 60: Market opportunity by Product Type ($ million)
• Exhibit 61: Data Table on Market opportunity by Product Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027
• Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Bernard Jansen Products 
• Exhibit 115: Bernard Jansen Products - Overview
• Exhibit 116: Bernard Jansen Products - Product / Service
• Exhibit 117: Bernard Jansen Products - Key offerings

• 12.4 Darling Ingredients Inc. 
• Exhibit 118: Darling Ingredients Inc. - Overview
• Exhibit 119: Darling Ingredients Inc. - Business segments
• Exhibit 120: Darling Ingredients Inc. - Key offerings
• Exhibit 121: Darling Ingredients Inc. - Segment focus

• 12.5 El Nasr Gelatin Co. 
• Exhibit 122: El Nasr Gelatin Co. - Overview
• Exhibit 123: El Nasr Gelatin Co. - Product / Service
• Exhibit 124: El Nasr Gelatin Co. - Key offerings

• 12.6 Gelita AG 
• Exhibit 125: Gelita AG - Overview
• Exhibit 126: Gelita AG - Product / Service
• Exhibit 127: Gelita AG - Key offerings

• 12.7 Great Lakes Wellness Co. LLC 
• Exhibit 128: Great Lakes Wellness Co. LLC - Overview
• Exhibit 129: Great Lakes Wellness Co. LLC - Product / Service
• Exhibit 130: Great Lakes Wellness Co. LLC - Key offerings

• 12.8 India Gelatine and Chemicals Ltd. 
• Exhibit 131: India Gelatine and Chemicals Ltd. - Overview
• Exhibit 132: India Gelatine and Chemicals Ltd. - Product / Service
• Exhibit 133: India Gelatine and Chemicals Ltd. - Key offerings

• 12.9 Italgel S.r.l. 
• Exhibit 134: Italgel S.r.l. - Overview
• Exhibit 135: Italgel S.r.l. - Product / Service
• Exhibit 136: Italgel S.r.l. - Key offerings

• 12.10 Junca Gelatines SL 
• Exhibit 137: Junca Gelatines SL - Overview
• Exhibit 138: Junca Gelatines SL - Product / Service
• Exhibit 139: Junca Gelatines SL - Key offerings

• 12.11 Lapi Gelatine Spa 
• Exhibit 140: Lapi Gelatine Spa - Overview
• Exhibit 141: Lapi Gelatine Spa - Product / Service
• Exhibit 142: Lapi Gelatine Spa - Key offerings

• 12.12 Merck KGaA 
• Exhibit 143: Merck KGaA - Overview
• Exhibit 144: Merck KGaA - Business segments
• Exhibit 145: Merck KGaA - Key news
• Exhibit 146: Merck KGaA - Key offerings
• Exhibit 147: Merck KGaA - Segment focus

• 12.13 Nitta Gelatin Inc. 
• Exhibit 148: Nitta Gelatin Inc. - Overview
• Exhibit 149: Nitta Gelatin Inc. - Product / Service
• Exhibit 150: Nitta Gelatin Inc. - Key offerings

• 12.14 Sandesara Group of Companies 
• Exhibit 151: Sandesara Group of Companies - Overview
• Exhibit 152: Sandesara Group of Companies - Product / Service
• Exhibit 153: Sandesara Group of Companies - Key offerings

• 12.15 SAS Gelatines Weishardt 
• Exhibit 154: SAS Gelatines Weishardt - Overview
• Exhibit 155: SAS Gelatines Weishardt - Product / Service
• Exhibit 156: SAS Gelatines Weishardt - Key offerings

• 12.16 Tessenderlo Group NV 
• Exhibit 157: Tessenderlo Group NV - Overview
• Exhibit 158: Tessenderlo Group NV - Business segments
• Exhibit 159: Tessenderlo Group NV - Key offerings
• Exhibit 160: Tessenderlo Group NV - Segment focus

• 12.17 Trobas Gelatine BV 
• Exhibit 161: Trobas Gelatine BV - Overview
• Exhibit 162: Trobas Gelatine BV - Product / Service
• Exhibit 163: Trobas Gelatine BV - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 164: Inclusions checklist
• Exhibit 165: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 166: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 167: Research methodology
• Exhibit 168: Validation techniques employed for market sizing
• Exhibit 169: Information sources

• 13.5 List of abbreviations 
• Exhibit 170: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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