Upholstery Furniture Market
Upholstery Furniture Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0850
Segments Covered
By
Product Sofas & Chairs, Beds & Mattresses, Others
-
By
Application Residential, Commercial, Other
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
11.26 Billion |
 Revenue 2028:
|
21.25 Billion |
 Revenue CAGR
(2021 - 2028): |
5.11 |
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
The report delivers an acute breakdown of the market based on various segments such as Product, Application, , and region. The report includes market size and forecast for each segment by region/country for the years 2016–2028. Moreover, it also covers a thorough analysis of growth factors and opportunities impacting segmental growth.
On the basis of Product, the market is divided into Sofas & Chairs, Beds & Mattresses, Others,. Sofas & Chairs dominated the global Upholstery Furniture market in 2020 and is projected to witness the same trend during the forecast period.
Based on Application, the market is segmented into Residential, Commercial, Other,. Commercial accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Upholstery Furniture Market: Product Segment Analysis
-
- Sofas & Chairs
- Beds & Mattresses
- Others
Global Upholstery Furniture Market: Application Segment Analysis
-
- Residential
- Commercial
- Other
FAQ
Frequently Asked Question
What is the global demand for Upholstery Furniture in terms of revenue?
-
The global Upholstery Furniture valued at 11.26 Billion in 2020 and is expected to reach 21.25 Billion in 2028 growing at a CAGR of 5.11%.
Which are the prominent players in the market?
-
The prominent players in the market are Rock House Farm, Rowe Furniture, Hughes Furniture, Norwalk Furniture, Lee Industries, American Furniture Manufacturing Inc., Craftmaster Furniture, Norwalk Furniture, Century Furniture, IKEA, Palliser Furniture Upholstery Ltd., Intermountain Furniture Manufacturing, Delta Furniture, Sherrill Furniture..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.11% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Upholstery Furniture include
- The increasing popularity of modern and contemporary furniture along with improvements in standard of living is anticipated to augment the growth of the upholstery furniture market over the forecast period.
- Furthermore, the increase in innovations and developments in the fabric industry and the availability of various options is also expected to fuel the growth of the upholstery furniture market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Upholstery Furniture in 2020.
