Europe RTA Furniture Market to See Huge Growth by 2028
Europe RTA Furniture Market to See Booming Growth : Inter IKEA Systems B.V., Dorel Industries Inc.
DUBLIN, Sept. 07, 2023 (GLOBE NEWSWIRE) -- The "Europe RTA Furniture Market, By End User, By Distribution Channel, By Material Type, By Product Type, By Price Range, By Country, Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.
The Europe RTA Furniture Market is anticipated to register robust growth during the forecast period, 2024-2028, on account of the growing urbanization and increasing demand for cost-effective and space-saving furniture in the region. In addition to this, the changing lifestyle and rising disposable income of the consumers and easy availability of customizable furniture options are some of the other key factors accelerating the demand for RTA furniture across the region in the coming years.
Furthermore, the increasing penetration of e-commerce channels and rising demand for home decor products, the continuously rising need for convenient transportation and storage options, and escalating investments in marketing and advertising campaigns by the leading market players are further projected to propel the growth of the Europe RTA Furniture Market in the next five years.
The Europe RTA Furniture Market is segmented based on end user, distribution channel, material type, product type, price range, and country. Based on end user, the market is divided into residential and commercial. Among these, the residential segment is expected to capture the major market share by 2028, owing to the increase in construction of new homes, the rising popularity of apartment living, and the expansion of the real estate sector.
Based on product type, the market is categorized into living room furniture, bedroom furniture, kitchen & dining furniture, kids’ furniture, bathroom furniture, and others. Out of these, the bedroom furniture segment is estimated to account for significant share in the market over the forecast period, due to the changing customer preferences toward modern and stylish designs, and rising consumer spending on aesthetically pleasing furniture.
Key Players:
- Inter IKEA Systems B.V.
- Dorel Industries Inc.
- Steinhoff International Holdings N.V.
- Bush Industries, Inc.
- Muebles Dico, S.L.
- South Shore Furniture
- Sauder Woodworking Company
- Stanley Furniture Co. Inc.
- Whalen Furniture, Inc.
- Flexa A/S
Report Scope:
In this report, the Europe RTA Furniture Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Europe RTA Furniture Market, By End User:
- Residential
- Commercial
- Europe RTA Furniture Market, By Distribution Channel:
- Offline
- Online
- Europe RTA Furniture Market, By Material Type:
- Wood
- Metal
- Plastic
- Glass
- Others
- Europe RTA Furniture Market, By Product Type:
- Living Room Furniture
- Bedroom Furniture
- Kitchen & Dining Furniture
- Kids’ Furniture
- Bathroom Furniture
- Others
- Europe RTA Furniture Market, By Price Range:
- Low
- Medium
- High
- Europe RTA Furniture Market, By Country:
