World Furniture Industry Overview Report

• Publication date: April 2012

The worldwide furniture market promises significant growth opportunity in near future as the global economy and worldwide real estate market is booming at the present moment. The growing disposable income is also driving the growth of the worldwide furniture market . The furniture market includes manufacturing of a wide range of home furnishing products and designed interiors related to offices, households and institutions. The furniture i...

The worldwide furniture market promises significant growth opportunity in near future as the global economy and worldwide real estate market is booming at the present moment. The growing disposable income is also driving the growth of the worldwide furniture market . The furniture market includes manufacturing of a wide range of home furnishing products and designed interiors related to offices, households and institutions.

The furniture industry in developed countries like the US and Europe was heavily affected by the economic turmoil in 2009, but the industry registered growth in 2010. The furniture industry in the emering countries like China and India has a significant growth opportunity in near future. The industry in the emerging countries is expected to drive the growth of worldwide furniture industry in the future.

The growth in the world economy, real estate market, and urbanization is driving the growth of the worldwide furniture market . Low cost furniture producers like China, Vietnam are playing a significant role in the competitive landscape of furniture market . The furniture producers are focusing more on retailing their products to attract new customers. However, scarcity of skilled labor, transportation, and cost optimization continues to be significant challenges to the furniture market .

The report analyzes the global furniture industry with focus on US, UK, France, India, and China. The drivers, trends and challenges for the market have been analyzed. The report also profiles the major industry players with a discussion of their key business strategies.

By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the global furniture industry . We employed various significant variables that have an impact on this market and created regression models with SPSS Base to determine the future direction of the market . Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.

Office And Storage Furniture Industry in Vietnam

I. Worldwide Furniture Industry

I. 1 An Introduction

II. Furniture Industry Data

II. 1 Global Industry

Market Value
World Trade

II. 2 US Industry

Market Value
Product Segmentation

II. 3 European Industry

External Trade
Office Furniture Consumption

II. III. 1 UK

Market Overview
Imports & Exports

II. III. 2 France

Market Value
Distribution Network

II. 4 India

Demand Growth
Product Segmentation
Market Outlook

II. 5 China

Market Overview
Production Outlook

III. Industry Trends

III. 1 Significant Growth in China
III. 2 Emerging Retail Revenues Channels
III. 3 New Business Model Based on Value Generation
III. 4 Health and Wellness

IV. Market Drivers

IV. 1 Growing Real Estate Market
IV. 2 Increasing Urbanization

V. Challenges

V. 1 Low Cost Manufacturers
V. 2 Dependence on Skilled Labor
V. 3 Furniture Safety
V. 4 Transportation and Logistics

VI. Significant Developments

VI. 1 Ready to Assemble (RTA) Furniture
VI. 2 New Laminating and Adhesive Technology

VII. Furniture Industry - Competitive Environment

VII. 1 Office Furniture Production in Europe
VII. 2 Worldwide Furniture Retailing

VIII. Industry Player s

VIII. 1 Steelcase Inc.

Business Description
Key Financials
Business Strategies
Environmental Leadership
Growth Strategy

VIII. 2 Herman Miller

Business Description
Key Financials
Business Strategies
Manufacturing Cost Optimization
Distribution Strategy

VIII. 3 HNI Corp.

Business Description
Key Financials
Business Strategies
Growth Strategy
Fair Competitive Landscape

9. Industry Outlook

9.1 Industry Projection

9.2 Projection Methodology

9.II. 1 Dependent and Independent Variables
9.II. 2 Correlation Analysis
9.II. 3 Regression Analysis

?

List of Charts

Global Furniture Revenues, from 2005 to 2010
World Trade of Furniture, from 2005 to 2010
Growth Opportunity of Furniture Market by Geographic Region, 2011
US Office Furniture Industry, from 2005 to 2010
US Furniture Production by Product Category, 2010
External Trade of EU27 Countries, from 2006 to 2010
Office Furniture Consumption in Europe, from 2005 to 2010
Office Furniture Consumption in European Countries, 2010
Number of Furniture Manufacturers in UK, from 2009 to 2010
Furniture Imports and Exports in UK, from 2009 to 2010
French Office Furniture Industry Value, from 2009 to 2010
Furniture Industry in France by Distribution Network, 2010
Demand for Furniture in India, from 2006 to 2010
Indian Furniture Industry by Products, 2009
Outlook for Indian Furniture Industry, from 2009 to 2013
China Wooden Furniture Production, 2010A-2015E
Worldwide Construction Spending, from 2005 to 2010
Increasing Urban Population, from 2005 to 2010
Market Share of Top 10 Office Furniture Producers in Europe, 2010
Market Share of Furniture Retail Market, 2011
Steelcase - Share of Revenue by Segments, 2011
Consolidated Revenue of Steelcase, from 2007 to 2011
Herman Miller - Share of Net Revenues by Segments, 2011
Net Revenues of Herman Miller, from 2007 to 2011
HNI - Share of Net Revenues by Segments, 2010
Net Revenues of HNI, from 2007 to 2010
Worldwide Furniture Industry (2010A-2015E)

List of Tables

Gross Industrial Output Value of Furniture Market in China, from 2009 to 2010
Dependent & Independent Variables (2005– 2010)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output