The furniture logistics market size has also shown strong growth in recent years, expected to rise from $102.25 billion in 2023 to $108.66 billion in 2024, reflecting a CAGR of 6.3%. The historical growth is linked to factors such as increasing international trade, the expansion of direct-to-consumer sales channels, the growth of the e-commerce sector, rising outsourcing of logistics, and the overall expansion of e-commerce. In the forecast period, the market is expected to continue to grow, projected to reach $139.27 billion by 2028 at a CAGR of 6.4%. Key drivers for this growth include rising urbanization, increasing consumer expectations for fast delivery, the growing importance of last-mile delivery solutions, increased investment in warehouse infrastructure, and a focus on sustainability. Major trends expected to emerge during this period will include technological advancements, digital transformation, real-time tracking capabilities, the integration of green logistics, and the use of data analytics to optimize operations.
Global Furniture Logistics Market Key Driver
The increasing demand for furniture is expected to propel the growth of the furniture logistics market going forward. Furniture encompasses movable objects that support various human activities, and the demand for furniture is rising due to growing home decoration and renovation trends globally. Furniture logistics services are essential for supporting growth and production in the furniture market by providing efficient transportation, storage, and supply chain management. A report from Hollywood Mirror revealed that the furniture manufacturing sector generated about $3.22 billion in 2020, with UK manufacturers selling 5.58 million wooden bedroom furnishings in 2021. Therefore, the increasing demand for furniture is driving the furniture logistics market's growth.
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Global Furniture Logistics Market Segments
The furniture logistics market covered in this report is segmented –
1) By Service Type: Transportation Services, Warehousing Services, Distribution Services, Assembly And Installation Services, Reverse Logistics Services
2) By Furniture Type: Residential Furniture, Commercial Furniture
3) By Transportation Mode: Road Transportation, Rail Transportation, Air Transportation, Sea Transportation
4) By Distribution Channel: Direct-To-Consumer (DTC), Retailers, E-Commerce Platforms, Wholesale Distributors, Other Distribution Channels
By Geography:The regions covered in the furniture logistics market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the furniture logistics market in 2023. Europe is expected to be the fastest-growing region in the forecast period.
Major Furniture Logistics Industry Players
Savino Del Bene S.p.A., DB Schenker, Kuehne + Nagel International AG, J.B. Hunt Transport Services Inc., Maersk Logistics and Services, Kerry Logistics Network Limited, XPO Logistics Inc., Röhlig Logistics GmbH & Co. KG, AIT Worldwide Logistics Inc., Noatum Logistics USA LLC, Logistics Plus Inc., Samskip Multimodal, Speed Commerce Inc., Ceva Logistics AG, ColliCare Logistics AS, LGT Logistics AB, DHL Supply Chain, CG Logistics Pvt. Ltd., Massood Logistics Inc., NTG Nordic Transport Group A/S, Ross Furniture Logistics
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Furniture Logistics Market Overview
Furniture logistics refers to the specialized process of managing the transportation, storage, and delivery of furniture from manufacturers to retailers, businesses, or end customers. It involves multiple steps to ensure that furniture items are safely and efficiently moved from one location to another, often requiring careful handling due to the size, weight, and fragility of the items. Furniture logistics often demands detailed planning and coordination due to the size, complexity, and customer expectations involved.
Furniture Logistics Global Market Report 2023 provides data on the global furniture logistics market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The furniture logistics market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
