Bedroom Furniture Market Opportunities 2031
Bedroom furniture also known as a bedroom set or a bedroom suite is a group of furniture which is present in the bedroom or in the sleeping quarter. The bedroom furniture includes beds, wardrobes, dressers, chests, nightstands, armories, and all the other furniture that is required by the consumer.
MARKET DYNAMICS
The rise in the disposable income will lead to an increase spending on household goods which is going to drive the bedroom furniture market. The shift in the consumer preference towards high end furniture products along with an increase in the demand for multifunctional bedroom future will lead to an increase in demand for bedroom furniture. The increased awareness towards trending bedroom styles has influenced major bedroom renovation projects which will have a positive impact on the bedroom furniture market.
MARKET SCOPE
The "Global Bedroom Furniture Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the bedroom furniture market with detailed market segmentation by products, distribution channel and geography. The global bedroom furniture market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bedroom furniture market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Bedroom Furniture Market is segmented based on products and distribution channel. Based on products, the market is segmented into beds, dressers and nightstands, wardrobes, and others. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty store, online retail and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global bedroom furniture market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The bedroom furniture market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the bedroom furniture market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the bedroom furniture market in these regions.
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global bedroom furniture market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The bedroom furniture market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the bedroom furniture market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the bedroom furniture market in these regions.
MARKET PLAYERS
The reports cover key developments in the bedroom furniture market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from bedroom furniture market are anticipated to lucrative growth opportunities in the future with the rising demand for bedroom furniture in the global market. Below mentioned is the list of few companies engaged in the bedroom furniture market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the bedroom furniture market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bed Bath & Beyond Inc.
- Herman Miller, Inc
- Hillsdale Furniture
- Ishanya Brand Services Ltd.
- La-Z-Boy Incorporated
- Pulaski Furniture.
- Royalzig Handicrafts
- Sunrise International
- Vaughan Bassett
- Williams-Sonoma Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Bedroom Furniture Market - By Product
1.3.2 Bedroom Furniture Market - By Distribution Channel
1.3.3 Bedroom Furniture Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BEDROOM FURNITURE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BEDROOM FURNITURE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BEDROOM FURNITURE MARKET - GLOBAL MARKET ANALYSIS
6.1. BEDROOM FURNITURE - GLOBAL MARKET OVERVIEW
6.2. BEDROOM FURNITURE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. BEDROOM FURNITURE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. BEDS
7.3.1. Overview
7.3.2. Beds Market Forecast and Analysis
7.4. DRESSERS AND NIGHTSTAND
7.4.1. Overview
7.4.2. Dressers and Nightstand Market Forecast and Analysis
7.5. WARDROBES
7.5.1. Overview
7.5.2. Wardrobes Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. BEDROOM FURNITURE MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. BEDROOM FURNITURE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Bedroom Furniture Market Overview
9.1.2 North America Bedroom Furniture Market Forecasts and Analysis
9.1.3 North America Bedroom Furniture Market Forecasts and Analysis - By Product
9.1.4 North America Bedroom Furniture Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Bedroom Furniture Market Forecasts and Analysis - By Countries
9.1.5.1 United States Bedroom Furniture Market
9.1.5.1.1 United States Bedroom Furniture Market by Product
9.1.5.1.2 United States Bedroom Furniture Market by Distribution Channel
9.1.5.2 Canada Bedroom Furniture Market
9.1.5.2.1 Canada Bedroom Furniture Market by Product
9.1.5.2.2 Canada Bedroom Furniture Market by Distribution Channel
9.1.5.3 Mexico Bedroom Furniture Market
9.1.5.3.1 Mexico Bedroom Furniture Market by Product
9.1.5.3.2 Mexico Bedroom Furniture Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Bedroom Furniture Market Overview
9.2.2 Europe Bedroom Furniture Market Forecasts and Analysis
9.2.3 Europe Bedroom Furniture Market Forecasts and Analysis - By Product
9.2.4 Europe Bedroom Furniture Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Bedroom Furniture Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Bedroom Furniture Market
9.2.5.1.1 Germany Bedroom Furniture Market by Product
9.2.5.1.2 Germany Bedroom Furniture Market by Distribution Channel
9.2.5.2 France Bedroom Furniture Market
9.2.5.2.1 France Bedroom Furniture Market by Product
9.2.5.2.2 France Bedroom Furniture Market by Distribution Channel
9.2.5.3 Italy Bedroom Furniture Market
9.2.5.3.1 Italy Bedroom Furniture Market by Product
9.2.5.3.2 Italy Bedroom Furniture Market by Distribution Channel
9.2.5.4 United Kingdom Bedroom Furniture Market
9.2.5.4.1 United Kingdom Bedroom Furniture Market by Product
9.2.5.4.2 United Kingdom Bedroom Furniture Market by Distribution Channel
9.2.5.5 Russia Bedroom Furniture Market
9.2.5.5.1 Russia Bedroom Furniture Market by Product
9.2.5.5.2 Russia Bedroom Furniture Market by Distribution Channel
9.2.5.6 Rest of Europe Bedroom Furniture Market
9.2.5.6.1 Rest of Europe Bedroom Furniture Market by Product
9.2.5.6.2 Rest of Europe Bedroom Furniture Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Bedroom Furniture Market Overview
9.3.2 Asia-Pacific Bedroom Furniture Market Forecasts and Analysis
9.3.3 Asia-Pacific Bedroom Furniture Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Bedroom Furniture Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Bedroom Furniture Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Bedroom Furniture Market
9.3.5.1.1 Australia Bedroom Furniture Market by Product
9.3.5.1.2 Australia Bedroom Furniture Market by Distribution Channel
9.3.5.2 China Bedroom Furniture Market
9.3.5.2.1 China Bedroom Furniture Market by Product
9.3.5.2.2 China Bedroom Furniture Market by Distribution Channel
9.3.5.3 India Bedroom Furniture Market
9.3.5.3.1 India Bedroom Furniture Market by Product
9.3.5.3.2 India Bedroom Furniture Market by Distribution Channel
9.3.5.4 Japan Bedroom Furniture Market
9.3.5.4.1 Japan Bedroom Furniture Market by Product
9.3.5.4.2 Japan Bedroom Furniture Market by Distribution Channel
9.3.5.5 South Korea Bedroom Furniture Market
9.3.5.5.1 South Korea Bedroom Furniture Market by Product
9.3.5.5.2 South Korea Bedroom Furniture Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Bedroom Furniture Market
9.3.5.6.1 Rest of Asia-Pacific Bedroom Furniture Market by Product
9.3.5.6.2 Rest of Asia-Pacific Bedroom Furniture Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Bedroom Furniture Market Overview
9.4.2 Middle East and Africa Bedroom Furniture Market Forecasts and Analysis
9.4.3 Middle East and Africa Bedroom Furniture Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Bedroom Furniture Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Bedroom Furniture Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Bedroom Furniture Market
9.4.5.1.1 South Africa Bedroom Furniture Market by Product
9.4.5.1.2 South Africa Bedroom Furniture Market by Distribution Channel
9.4.5.2 Saudi Arabia Bedroom Furniture Market
9.4.5.2.1 Saudi Arabia Bedroom Furniture Market by Product
9.4.5.2.2 Saudi Arabia Bedroom Furniture Market by Distribution Channel
9.4.5.3 U.A.E Bedroom Furniture Market
9.4.5.3.1 U.A.E Bedroom Furniture Market by Product
9.4.5.3.2 U.A.E Bedroom Furniture Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Bedroom Furniture Market
9.4.5.4.1 Rest of Middle East and Africa Bedroom Furniture Market by Product
9.4.5.4.2 Rest of Middle East and Africa Bedroom Furniture Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Bedroom Furniture Market Overview
9.5.2 South and Central America Bedroom Furniture Market Forecasts and Analysis
9.5.3 South and Central America Bedroom Furniture Market Forecasts and Analysis - By Product
9.5.4 South and Central America Bedroom Furniture Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Bedroom Furniture Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Bedroom Furniture Market
9.5.5.1.1 Brazil Bedroom Furniture Market by Product
9.5.5.1.2 Brazil Bedroom Furniture Market by Distribution Channel
9.5.5.2 Argentina Bedroom Furniture Market
9.5.5.2.1 Argentina Bedroom Furniture Market by Product
9.5.5.2.2 Argentina Bedroom Furniture Market by Distribution Channel
9.5.5.3 Rest of South and Central America Bedroom Furniture Market
9.5.5.3.1 Rest of South and Central America Bedroom Furniture Market by Product
9.5.5.3.2 Rest of South and Central America Bedroom Furniture Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BEDROOM FURNITURE MARKET, KEY COMPANY PROFILES
11.1. BED BATH AND BEYOND INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HERMAN MILLER, INC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HILLSDALE FURNITURE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ISHANYA BRAND SERVICES LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LA-Z-BOY INCORPORATED
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PULASKI FURNITURE
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ROYALZIG HANDICRAFTS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SUNRISE INTERNATIONAL
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VAUGHAN BASSETT
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WILLIAMS-SONOMA INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Bed Bath and Beyond Inc.
2. Herman Miller, Inc
3. Hillsdale Furniture
4. Ishanya Brand Services Ltd.
5. La-Z-Boy Incorporated
6. Pulaski Furniture
7. Royalzig Handicrafts
8. Sunrise International
9. Vaughan Bassett
10. Williams-Sonoma Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.