Title: Ready-To-Assemble Furniture Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2016-2024
1Global Ready-To-Assemble Furniture Market Outlook
Global Ready-To-Assemble Furniture Market Outlook
2024 Opportunity Growth Analysis, 2016-2024
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2Global Ready-To-Assemble Furniture Market Outlook
Global Ready-To-Assemble Furniture Market
Share(), By Region-2016-2024
Global Ready-To-Assemble Furniture Market Size
USD (Billion). 2016-2024
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2024
2016
Sample
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Global Ready-To-Assemble Furniture Market
Share(), By Product Type-2016
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3Global Ready-To-Assemble Furniture Market Outlook
Global Ready-To-Assemble Furniture Market
Share(), By Product Type-2016
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- The global ready-to-assemble (RTA) furniture
market registered an increasing growth rates in
2016 with all the four regions Americas,
Asia-Pacific, Europe, Middle East and Africa
demonstrating positive growth. Europe stood as
the largest region in adoption of RTA furniture,
followed by North America and Asia-Pacific.
Europe has the largest furniture market estimated
to be USD XX billion in 2017.
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4Global Ready-To-Assemble Furniture Market Outlook
- The global emerging player IKEA a Dutch based
company in Netherlands is changing the furniture
industry landscape by providing flexible and
convenient solutions while purchasing furniture
such as RTA, customizable furniture among others.
Millennial Population
Housing and Commercial Construction
Online Distribution Channel
Local Manufacturers
Global Ready-To-Assemble Furniture Market Size
(USD Billion), By Region, 2016-2024
North America
Europe
Asia-Pacific
USD XX Billion
2016
USD XX Billion
USD XX Billion
2024
USD XX Billion
USD XX Billion
USD XX Billion
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5Global Ready-To-Assemble Furniture Market Outlook
- Young people (millennial generation) are
estimated to take longer time to purchase homes,
but XX of millennial renters foresee the
ownership of home as one of the important goal,
compared to only XX of Gen X and XX of baby
boomers. - Online distribution channel is gaining traction
among the people while buying the furniture. As
compared to 2012, sales for online channels has
increased by XX in 2017 and it is expected to
grow at a CAGR of XX over the forecast period.
The increasing internet penetration and
reliability on online shopping is changing the
furniture sales scenario. - Private housing construction is expected increase
by XX in 2018 and XX in 2020. Whereas, office
and retail construction is expected to decline by
XX in 2018 and XX in 2020.
Millennial Population
Housing and Commercial Construction
Sample
Online Distribution Channel
Local Manufacturers
Global Ready-To-Assemble Furniture Market Size
(USD Billion), By Region, 2016-2024
North America
Europe
Asia-Pacific
USD XX Billion
2016
USD XX Billion
USD XX Billion
2024
USD XX Billion
USD XX Billion
USD XX Billion
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6Global Ready-To-Assemble Furniture Market Size
(USD Billion)-2016-2024
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- Global Ready-To-Assemble Furniture Market is
anticipated to expand at a compound annual growth
rate of XX during the forecast period i.e.
2016-2024. The market is anticipated to reach USD
XX Billion by the end of 2024. The latest trend
gaining momentum in the market is the DIY
activities of making and assembling furniture,
which has evolved to be called as synonym of RTA
furniture. - The millennial population are the targeted ones
for the sales of RTA furniture. Among other
end-users is the home décor sector who have
contributed XX in the total revenue generated
from home décor sector. - The RTA furniture market growth is likely to
depend on the construction of new spaces. The
global construction industry is growing at a rate
of XX annually with XX share of private
constructions and XX of commercial construction. - Further, the fashion has huge role to play in the
designing of the furniture. The modern design
takes advantage of new materials and techniques,
and develops structure, materials, and colors
that reflect and express the consumers current
attitudes.
7United States Ready-To-Assemble Furniture Market
Size (USD Billion), Compound Annual Growth Rate
(), Y-O-Y Growth Rate (), 2016-2024
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