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Wooden Furniture Market Share

  • Report ID: GMI4107
  • Published Date: Jun 2024
  • Report Format: PDF

Wooden Furniture Market Share

Key players involve in the wooden furniture industry are Casa International Limited, Herman Miller Inc., Laufer Group International Ltd, La-Z-Boy Incorporated, and Natuzzi S.p.A. accounting market share of 8-12% in 2023. High-quality construction and craftsmanship are critical competitive advantages in the wood furniture industry.

 

Manufacturers distinguish themselves by utilizing high-quality materials, using skilled craftspeople, and adhering to precise quality control standards to create lasting and aesthetically beautiful furniture products. Manufacturers differentiate themselves via design innovation, providing distinctive and visually pleasing furniture designs that respond to changing customer preferences. This involves adopting new materials, experimenting with unique shapes and forms, and incorporating technological advances into furniture design concepts.

 

Wooden Furniture Market Companies

Major companies operating in the wooden furniture industry include:

  • Bassett Furniture Industries Inc.
  • BoConcept Holding A/S
  • Casa International Limited
  • Dorel Industries Inc.
  • Ethan Allen Interiors Inc.
  • Godrej & Boyce Manufacturing Company Limited
  • Herman Miller, Inc.
  • Hooker Furniture Corporation
  • Hulsta-Werke Hüls GmbH & Co. KG
  • Laufer Group International Ltd
  • La-Z-Boy Incorporated
  • Natuzzi S.p.A.
  • Poltrona Frau Group S.p.A.
  • Stanley Furniture Company Inc.
  • Yihua Lifestyle Technology Co., Ltd.
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global wooden furniture industry was valued at USD 569.9 billion in 2023 and is anticipated to register 5% CAGR between 2024 and 2032 due to the increasing urbanisation along with real estate development and rising disposable income.

The hardwood segment in the market is expected to reach USD 570.5 billion by 2032, driven by hardwoods durability, high-quality, and design versatility.

Asia Pacific wooden furniture market is expected to record USD 301.4 billion by 2032, driven by urbanization, demand for multifunctional designs, and customization preferences.

Bassett Furniture Industries Inc., BoConcept Holding A/S, Casa International Limited, Dorel Industries Inc., Ethan Allen Interiors Inc., Godrej & Boyce Manufacturing Company Limited, Herman Miller, Inc., and Hooker Furniture Corporation, among others.

Wooden Furniture Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 171
  • Countries covered: 22
  • Pages: 290
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