The Global Household Furniture And Kitchen Cabinet Market Is Valued At Nearly $210 Billion In 2017 According To TBRC’s Latest Report

The household furniture and kitchen cabinet manufacturing market comprises of all the firms which are engaged in producing household furniture including furniture for kitchen, bedroom and living room. Read...

The household furniture and kitchen cabinet manufacturing market comprises of all the firms which are engaged in producing household furniture including furniture for kitchen, bedroom and living room.

Read the report at

https://www.thebusinessresearchcompany.com/report/household-furniture-and-kitchen-cabinet-manufacturing-global-market-report-2018

The market is valued at nearly $210 billion in 2017 due to the rising demand for household and office furniture globally.

In the report, the global household furniture and kitchen cabinet market is divided into two segments. Household furniture occupies more than nine-tenth of the market whereas, the remaining one-tenth is occupied by the kitchen cabinet segment.

Download a sample of the report at

https://www.thebusinessresearchcompany.com/sample.aspx?id=70&type=smp

China was the largest country in the household furniture and kitchen cabinet manufacturing market in 2017, accounting for nearly one-fourth of the market share. This can be mainly attributed to increasing disposable income of consumers and growing urbanization in China. The USA and Germany followed China as the next largest countries in the market.

The household furniture and kitchen cabinet manufacturing market is fragmented with a number of small organizations. The top five competitors in the market made up almost one-fourth of the total market share in 2017. IKEA AB was the largest competitor of the market, followed by Ashley Furniture Industries Inc., Leggett & Platt, La-Z-Boy and Man Wah Holdings Limited. IKEA AB is a Swedish multinational group of companies that is involved in the design, manufacture and sale of home accessories, appliances and ready-to-assemble furniture. The company is headquartered in Netherlands and employs around 183000 people.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: [email protected]

Categories
Manufacturing
No Comment

Leave a Reply

*

*