What Fueled The Previous Growth In The Furniture Logistics Market?
The furniture logistics market has seen considerable growth due to a variety of factors.
• The size of the furniture logistics market has seen a robust expansion in the past few years. The market is projected to increase from $108.66 billion in 2024 to $115.91 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%.
Factors contributing to this growth during the historical period include a rise in international commerce, the enlargement of direct-to-consumer sales channels, an upswing in the e-commerce sector, greater logistics outsourcing, and the wider reach of e-commerce.
What Is The Expected Growth In The Furniture Logistics Market Size Evolve over the Forecast Period?
The furniture logistics market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the furniture logistics market size is projected to experience significant growth and is predicted to reach $147.99 billion by 2029, with a compound annual growth rate (CAGR) of 6.3%.
The growth during the forecast period is anticipated due to factors such as increasing urbanization, surging consumer expectations for expedited delivery, the rising relevance of last-mile delivery solutions, enhanced investments in warehouse facilities, and an increased emphasis on sustainability. Key trends during the forecast period comprise of technological progress, digital overhaul, real-time monitoring, incorporation of eco-friendly logistics, and data analysis.
What Main Forces Are Fueling Expansion In The Furniture Logistics Market?
The growth of the furniture logistics market is anticipated to be driven by the surging demand for furniture. Furniture, comprised of moveable items like tables, chairs, desks, and cabinets, provide support for various human activities such as seating, eating, and storage purposes. The rising trend of home decoration and renovation internationally has resulted in an increased need for furniture. Efficient transportation, storage, and supply chain management solutions offered by furniture logistics services are essential in sustaining the growth and escalating production within the furniture market. For example, Hollywood Mirror, a UK-based interior design company, reported in February 2023 that furniture manufacturing generated roughly $3.22 billion in 2020. Moreover, UK manufacturers sold 5.58 million units of wooden bedroom furniture in 2021. As such, the surging demand for furniture is fuelling the growth of the furniture logistics market.
What Are The Primary Segments In The Global Furniture Logistics Market?
The furniture logisticsmarket 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
Subsegments:
1) By Transportation Services: Local Transportation, Long-Distance Transportation, Freight Transportation, Specialized Furniture Transportation, White-Glove Delivery Services
2) By Warehousing Services: Temperature-Controlled Warehousing, General Warehousing, Customizable Storage Solutions, Inventory Management Services, Cross-Docking Services
3) By Distribution Services: Direct-To-Consumer Distribution, Retail Distribution, E-commerce Distribution, Last-Mile Delivery, Bulk Distribution Services
4) By Assembly And Installation Services: In-House Assembly Services, On-Site Installation Services, Flat-Pack Assembly Services, Custom Furniture Assembly, Disassembly Services For Relocation
5) By Reverse Logistics Services: Returns Management, Recycling And Disposal Services, Repair And Refurbishment Services, Resale Of Returned Furniture, Inventory Liquidation Services
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How Are New Trends Impacting The Size Of The Furniture Logistics Market?
Leading corporations in the furniture logistics sector are increasingly leveraging strategic alliances to transform and enhance their capabilities in in-home delivery services. These strategic collaborations serve as an avenue for pooling resources and expertise, boosting research and development, broadening market penetration, and hastening product commercialization, collectively fostering innovation and progress within the furniture logistics domain. To illustrate, Kirkland’s Inc., an American retail enterprise, entered a partnership with Ryder System Inc., an American logistics and transportation firm, in July 2022. The partnership's primary objective was to inaugurate a new in-home delivery service catering to all their customers nationwide. It aims at elevating the customer experience by including services such as last-mile delivery, minor assembly, and removal of packaging for large-scale home décor and furniture items. The alliance takes advantage of Ryder's comprehensive logistics skills and technology to simplify the delivery system while also augmenting Kirkland's multichannel service palette.
Who Are the Key Players In The Furniture Logistics Market?
Major companies operating in the furniture logistics market are:
• 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
What Is The Most Dominant Region In The Furniture Logistics Market?
Asia-Pacific was the largest region in the furniture logistics market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the furniture logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
