Wooden Furniture Industry 2019
Description:-
The analysts forecast the global wooden furniture market to grow at a CAGR of 4.83% during the period 2018-2022.
Wooden furniture refers to portable objects made of wood, used for seating, sleeping, dining, and others. Based on product, the global wooden furniture market is segmented into hardwood and softwood.
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Covered in this report
The report covers the present scenario and the growth prospects of the global wooden furniture market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Wooden Furniture Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Ashley Furniture
• Duresta
• Inter IKEA Systems
• LAURA ASHLEY
• Williams-Sonoma
Market driver
• Growth of real estate and construction industry
• For a full, detailed list, view our report
Market challenge
• Cost challenges faced by manufacturers and vendors
• For a full, detailed list, view our report
Market trend
• Increasing adoption of eco-friendly furniture
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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Consumer goods industry has witnessed several changes in the recent years. Advancement of technology coupled with rise in e-commerce has stirred up high competition amid growing and established businesses. Currently, this industry is the most favored child of each nation’s economy. No matter be it their ease of use, packaging, flavor or taste, price or quality, there is truly something about a favorite brand which makes people love it, at times beyond reason.
Consumer goods includes not only household cleaning products, cosmetics, toiletries, and food and beverages, but also electronic goods and home appliances. Moving to its classification, it is of two types- non-durable and durable goods. Durable goods last, buyers can use it for a long period. On the other hand, non-durable goods are consumed within a shorter period. The non-durable type is also known as consumer-packaged goods (CPGs) or fast-moving consumer goods (FMCGs).
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