The global household furniture and kitchen cabinet market size is expected to grow from $327.78 billion in 2021 to $355.72 billion in 2022 at a compound annual growth rate (CAGR) of 8.5%. The household furniture and kitchen cabinet market is expected to grow to $471.51 billion in 2026 at a CAGR of 7.3%.
What is the Global Household Furniture And Kitchen Cabinet Market?
The household furniture and kitchen cabinet market consists of sales of household furniture and kitchen cabinets by entities (organizations, sole traders and partnerships) that produce household furniture including furniture for kitchens, bedrooms and living rooms. This market includes built-in kitchen cabinets.
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What drives the Global Household Furniture And Kitchen Cabinet Market?
Increasing demand for online shopping is expected to help the household furniture and kitchen cabinets market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the furniture manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of household furniture and kitchen cabinet manufacturers by giving larger exposure to producers who were confined to one geography.
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Global Household Furniture And Kitchen Cabinet Market Segments
The global household furniture and kitchen cabinet market is segmented:
By Type: Household Furniture, Kitchen Cabinet
By Type of Material: Metal, Wood, Others
By Distribution Channel: Online, Offline
By Geography: The regions covered in the household furniture and kitchen cabinet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Household Furniture And Kitchen Cabinet Global Market Report 2022 provides market size and growth forecasts for the global household furniture and kitchen cabinet market, global household furniture and kitchen cabinet market share, household furniture and kitchen cabinet market segments and geographies, household furniture and kitchen cabinet market competitive landscape including leading competitors’ revenues, profiles and market shares. The household furniture and kitchen cabinet market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Household Furniture And Kitchen Cabinet Industry Playersinclude Ashley Furniture Industries Inc., Masco Corporation, Man Wah holdings, La-Z-Boy, Hooker Furniture Corp., Leggett & Platt Incorporated, Samson Holding Ltd., Knoll Inc., Ethan Allen Interiors Inc., and Flexsteel Industries Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
