Market Research Report Store offers a latest published report on Bedroom Furniture
Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
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Bedroom furniture, sometimes called a bedroom set or bedroom suite consists of a group of furniture in a bedroom or sleeping quarters. Pieces of furniture referred to as bedroom furniture usually include: beds, wardrobes, dressers, chests, nightstands, armoires, vanities, trunks, and mirrors. There are also many variations of these pieces as furniture styles have changed through time and as individual manufacturers have put their own spin on them.
In the coming years there is an increasing demand for bedroom furniture in the regions of Asia Pacific, North America and Europe that is expected to drive the market for more high-quality bedroom furniture. Growth in residence income in the principal countries, increasing of consuming expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of bedroom furniture will drive growth in North America and Europe markets.
Globally, the bedroom furniture industry market is very fragmented as the manufacturing technology of bedroom furniture is relatively matures than some high-tech equipment. And some enterprises, like IKEA, Ashley Furniture Industries, Steinhoff, Suofeiya Home Collection, NITORI, Sleemon, La-Z-Boy, Quanyou Furniture, Vaughan-Bassett Furniture, Hooker Furniture, Sauder Woodworking, Nolte Group, Klaussner Home Furnishings, Markor International Home Furnishings, Airsprung Group, etc. are well-known for the wonderful performance of their bedroom furniture and related services. At the same time, United States reach to 48.57 billion USD in bedroom furniture industry, occupied 40.09% consumption market share in 2017, is remarkable in the global bedroom furniture industry because of their market share and technology status of bedroom furniture.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
According to this study, over the next five years the Bedroom Furniture market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 152300 million by 2024, from US$ 130900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Bedroom Furniture business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Ashley Furniture Industries
Suofeiya Home Collection
Klaussner Home Furnishings
Markor International Home Furnishings
Hiep Long Fine Furniture
Royal Furniture Holding
Qumei Home Furnishings Group
Market Segment by Type, covers
Market Segment by Applications, can be divided into
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North America Bedroom Furniture Market Growth 2019-2024
United States Bedroom Furniture Market Growth 2019-2024
Asia-Pacific Bedroom Furniture Market Growth 2019-2024
Europe Bedroom Furniture Market Growth 2019-2024
EMEA Bedroom Furniture Market Growth 2019-2024
Global Bedroom Furniture Market Growth 2019-2024
China Bedroom Furniture Market Growth 2019-2024
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