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Ready- To -Assemble Furniture Market

Ready- To -Assemble Furniture Market

Ready- To -Assemble Furniture Market Global Industry Assessment & Forecast

# Pages:

180

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0540

Segments Covered
  • By Type RTA, Residential, Commercial
  • By Distribution Channel Supermarkets & Hypermarkets, Specialty Stores, E-Commerce, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 685.23 Billion
Revenue 2028Revenue 2028: 1108.75 Billion
Revenue CAGRRevenue CAGR (2021 - 2028): 6.2
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Type  Analysis: Preview

On the basis of Type, the market is segmented into RTA , Residential , Commercial. Residential held the highest share in the global Ready- To -Assemble Furniture market and is projected to witness the same trend during the forecast period.

Distribution Channel Analysis: Preview

Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Specialty Stores, E-Commerce, Others. Specialty Store accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Analysis: Preview

Based on , the market is segmented into . dominates the global Ready- To -Assemble Furniture market and is expected to continue the same trend from 2021 to 2028. 

Global Ready- To -Assemble Furniture Market: Type Segment Analysis

    • RTA
    • Residential
    • Commercial

Global Ready- To -Assemble Furniture Market: Distribution Channel Segment Analysis

    • Supermarkets & Hypermarkets
    • Specialty Stores
    • E-Commerce
    • Others
FAQ
Frequently Asked Question
  • The global Ready- To -Assemble Furniture valued at 685.23 Billion in 2020 and is expected to reach 1108.75 Billion in 2028 growing at a CAGR of 6.2%.

  • The prominent players in the market are Wal-Mart Stores, DMI Furniture, Home Reserve, Dorel Industries, Cost plus World Market, Sauder Woodworking, Bush Industries, Artiva USA, IKEA, Euro Style, Simplicity Sofas, Tvilum, Cymax, Target..

  • The market is project to grow at a CAGR of 6.2% between 2021 and 2028.

  • The driving factors of the Ready- To -Assemble Furniture include

    • The booming real estate industry in the current scenario is anticipated to augment the growth of the global furniture market over the forecast period. The development in manufacturing technology has substantially reduced the cost of furniture, which is also supporting the growth of the market.
    • The increase in disposable income has influenced the individual to spend more on comfortable and luxurious lifestyle, this in turn is expected to provide growth opportunities for the global furniture market.

  • North America was the leading regional segment of the Ready- To -Assemble Furniture in 2020.