The global outlook series on Furniture & Fixtures provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report offers a bird's eye view of the furniture industry, highlighting the fundamentals underlying the industry's growth and actionable insights into major categories of Furniture and Fixtures i.e. living room furniture, bedroom furniture, kitchen furniture, dining room furniture, bathroom furniture, garden furniture, and office furniture. The report is annotated with 53-information rich tables carrying statistical relevance to both historic as well as current market landscape. The US market is extensively investigated, with discussion in this section, elaborated with data tables that capture retailing statistics, market shares and sales summary of key retailers, among others parameters. Other markets briefly abstracted to offer the reader a prelude to regional level dynamics include Canada, Japan, Czech Republic, Denmark, France, Germany, Italy, Norway, Poland, Russia, Sweden, Switzerland, The Netherlands, United Kingdom, Australia, China, Hong Kong, India, Indonesia, Korea, Malaysia, Singapore, Taiwan, Thailand, Vietnam, Kuwait, Saudi Arabia, United Arab Emirates, Argentina, Brazil, Chile and Mexico, among others. The report lists out noteworthy trends and issues and also studies the impact of the ongoing recession on the market. The reader stands to gain macro-level insights into recent industry activities such as new product launches, mergers & acquisitions and other noteworthy strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 1536 companies worldwide.
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Global Furniture & Fixtures Industry
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Global Furniture & Fixtures Industry
Published on October 2009
Report Summary
The global outlook series on Furniture & Fixtures provides a collection of statistical anecdotes, market briefs, and concise summaries
of research findings. The report offers a bird's eye view of the furniture industry, highlighting the fundamentals underlying the
industry's growth and actionable insights into major categories of Furniture and Fixtures i.e. living room furniture, bedroom furniture,
kitchen furniture, dining room furniture, bathroom furniture, garden furniture, and office furniture. The report is annotated with
53-information rich tables carrying statistical relevance to both historic as well as current market landscape. The US market is
extensively investigated, with discussion in this section, elaborated with data tables that capture retailing statistics, market shares and
sales summary of key retailers, among others parameters. Other markets briefly abstracted to offer the reader a prelude to regional
level dynamics include Canada, Japan, Czech Republic, Denmark, France, Germany, Italy, Norway, Poland, Russia, Sweden,
Switzerland, The Netherlands, United Kingdom, Australia, China, Hong Kong, India, Indonesia, Korea, Malaysia, Singapore, Taiwan,
Thailand, Vietnam, Kuwait, Saudi Arabia, United Arab Emirates, Argentina, Brazil, Chile and Mexico, among others. The report lists
out noteworthy trends and issues and also studies the impact of the ongoing recession on the market. The reader stands to gain
macro-level insights into recent industry activities such as new product launches, mergers & acquisitions and other noteworthy
strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact
details of 1536 companies worldwide.
Table of Content
FURNITURE AND FIXTURESGOS-290
A GLOBAL OUTLOOK, OCTOBER 2009
CONTENTS
1. Industry Overview 1
Furniture Industry: Facts in Perspective 1
US Furniture Demand Weakens, Rest of the World Set to Follow Suit 1
Luxury Furniture Industry Target Emerging Markets 2
Innovative Furniture Products for All Age Groups 2
Retail Store Fitters Anticipate Business Growth 2
Key Global Statistics: 3
Table 1: World Recent Past, Current & Future Analysis for
Furniture and Fixtures by Geographic Region - North America,
Japan, EMEA, Asia-Pacific (excluding Japan), and Latin
America Markets Independently Analyzed with Annual Sales
Figures in US$ Billion for Years 2004 through 2010 3
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Table 2: World Market for Household Furniture and Fixtures
(2012F): Percentage Breakdown of Value Sales by Product
Segment - Living Room Furniture, Bedroom Furniture, Kitchen
Furniture, Dining Room Furniture, Bathroom Furniture, and
Garden Furniture 3
Table 3: World Furniture Exports (2008): Percentage Share
Breakdown of Export Value by Country - China, Italy, Germany,
Poland, United States and Others 4
Segmental Overview 4
Living Room Furniture 4
Latest Trends in Living Room Furniture 4
Key Statistics: 5
Table 4: Living Room Furniture and Fixtures Market: Breakdown
of Value Sales by Geographic Region - Europe, US, Japan, and
Asia-Pacific (excluding Japan) for the years 2001 through
2007 (In US$ Million) 5
Bedroom Furniture 5
Market Overview 5
Market Trends 5
Manufacturers Combine Wood and Metal to Design Modern
Bedroom Furniture 5
Black & White: the Timeless Combination 6
Infant Furniture: The First Market Expected to Recover Post
Slowdown 6
Hospitality Industry Emerge to be Key Consumer Group for
Luxury Bedding Products 6
Bedding Colors and Patterns Play Important Role in
Attracting Sales 7
Now, Luxury Beds for Wealthy Owners' Pets 7
Kitchen Furniture 7
Market Overview 7
Kitchen Backsplashes: From Functional to Feel Good 8
Key Statistics: 8
Table 5: World Kitchen Furniture and Fixtures Market (2009):
Breakdown of Value Sales by Geographic Region - North
America, EMEA, Asia (including Japan), and Latin America (In
US$ Billion) 8
Dining Room Furniture 9
Dining Room Furniture Offered in Exotic Designs 9
Key Statistics: 9
Table 6: World 10-Year Perspective for Dining Room Furniture
and Fixtures by Geographic Region - Percentage Breakdown of
Value Sales for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin America Markets for
Years 2003, 2007 & 2012 9
Bathroom Furniture 10
Bathrooms Are The Place For Coordinated &Elegant Fixtures 10
Key Statistics: 10
Table 7: World Bathroom Furniture and Fixtures Market (2008):
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Percentage Breakdown of Value Sales by Geographic Region -
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin America 10
Garden Furniture 10
Market Overview 10
Raw Materials 11
Office Furniture 11
Market Outlook 11
Manufacturers Offer Ergonomic Furniture Designs for Cozy Work
Environment 11
Office Furniture Industry Develops Unique Sustainability
Standards 12
Key Global Statistics: 12
Table 8: World Office & Institutional Furniture and Fixtures
Market (2003 & 2007): Breakdown of Value Sales by Geographic
Region - US, Canada, Europe, Asia (including Japan), Middle
East, and Latin America (In US$ Billion) 12
2. Market Trends & Issues 13
Going Natural - The Latest Fad 13
Cocooning Lifestyle to Kindle Furniture Industry 13
Consumers' Tastes Have Shifted Towards Casual Luxury Lifestyle 13
Alternatives on the Rise 13
Entertainment Furniture Market Shows Growth Potential 14
Going Green! 14
Multi Functional Designs Dominate Contemporary Furniture 14
Growing Significance of e-Commerce 15
Recycled Office Furniture: A New Lease of Life to Worn Out
Furniture 15
Furniture Renting: The Smarter Way Out 15
Baby Furniture: Innovation is the Name of the Game 16
Mitigating the Threat of Second Hand Products 16
Infant Furniture & Mobility Products: A Necessity 17
Challenges to Market 17
Negative Publicity Over Formaldehyde Emissions Puts the
Market into a Tizzy 17
3. Mergers and Acquisitions 18
4. Strategic Corporate Developments 35
5. Product Introductions/Innovations 45
A REGIONAL PERSPECTIVE
1. The United States 57
Market Overview 57
Impact of Recession 57
Effect of the Economic Downturn on Furniture Business 57
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A Historic Perspective 58
Key Market Trends 58
Changing Consumer Behavior 58
Retailers Find A Way Out of Slowdown 58
Working-from-Home Lifestyle Drives Growth for Innovative
Furniture 58
High Costs Compel Manufacturers to Shift Production Base to Asia 59
Industry Players 59
Market Share Statistics: 59
Table 9: Top 25 Furniture Retailers (2007): Percentage Share
Breakdown of Value Sales of Key Players 59
Table 10: Furniture Market in the United States (2005):
Percentage Breakdown of Value Sales by Furniture Type - Wood,
Upholstered, and Metal & Others 60
Segmental Overview 60
Residential Furniture Market 60
Factors Influencing Growth 60
Market Share Statistics: 61
Table 11: US Residential Furniture and Beddings Market
(2007): Percentage Share Breakdown by Leading Segments -
Upholstery, Adult & Youth Bedroom, Bedding, Formal & Casual
Dining, Other Occasional Furniture, Entertainment Centers,
Home Office, Outdoor, Infant Furniture and Others 61
Table 12: US Conventional Bedding Market (2002 & 2006):
Percentage Share Breakdown of Value Sales by Key Producers -
Sealy Corporation, Simmons Bedding Co., Serta International,
Tempur-Pedic International Inc, Select Comfort Corporation,
Spring Air Company, and Others 61
Table 13: US Bedding Market (2007): Breakdown of Value Sales
by Key Retailers - Select Comfort, Sleepy's, Mattress Firm,
The Sleep Train, Sam's Club, Macy's, Inc., Mattress Giant,
Ashley Furniture HomeStores, Serta-Exclusive Sleep Shops,
Berkshire Hathaway (furniture division), Rooms to Go,
Slumberland and American Signature 62
Table 14: US Bedding Market (2007): Percentage Share
Breakdown of Dollar Shipments for Key Producers - Sealy,
Serta, Simmons, Tempur-Pedic, Select Comfort, Spring Air,
Comfort Solutions, Kingsdown, Therapedic and Others 62
Office Furniture Market 63
Market Overview 63
Outlook 63
Distribution Practices 63
Key Statistics: 63
Table 15: US Historic Review for Office Furniture Market
with Annual Production Figures in US$ Million for Years 1996
through 2005 63
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Table 16: US Recent Past, Current & Future Analysis for
Office Furniture Market with Annual Production Figures in
US$ Million for Years 2006 through 2012 64
Table 17: US Historic Review for Office Furniture Market
with Annual Consumption Figures in US$ Million for Years
1996 through 2006 64
Children/Juvenile Furniture Market 64
Kids Furniture Brings Relief to the Ailing Furniture Market 64
Demographic Factors 65
Key Market Trends 65
Urban Parents: A Primer Driver 65
Product Features: A Bait to Catch Young Mothers 65
Cheaper Products On the Roll 65
Design Craze Gets Underway 66
Competitive Scenario 66
A Peek Into What the Manufacturers Are Upto 66
Market Share Statistics: 67
Table 18: US Market for Infant Furniture (2006 & 2012P):
Percentage Breakdown of Dollar Sales by State 67
Table 19: Infant Cribs Market in the United States (2007):
Percentage Breakdown of Crib Buying Households by Income 68
Table 20: Infant Cribs Market in the United States (2007):
Percentage Breakdown of Crib Purchases by Region 68
Table 21: Infant Cribs Market in the United States (2007):
Percentage Breakdown of Volume Retail Sales through
Distribution Channels - Discount Department Stores, Babies
"R" Us, Furniture Stores, Kids Specialists, Lifestyle
Furniture Stores, and Others 68
Key Distribution Channels 69
Furniture Stores 69
Lifestyle Furniture Outlets 69
Discount Department Stores 69
Kids Specialists 69
Other Channels 69
Outdoor Furniture 69
Garden Furniture Market 69
Key Market Trends 69
Outdoor Living & Entertainment: A Leisure Trend of National
Proportions 69
Rediscovering the Great American Backyard 70
Garden Décor Market - Rejuvenating the Classy Look 70
Outdoor Living: An Evolutionary Trend in Lawn and Garden
Retailing 71
Shift Towards Economical, Value Added Products 71
Aging Population Represents Key Demographic 71
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Where's the Competition' 72
Changing Styles of Modern Living Extend Cues to Where the
Market is Heading 72
Elegant Outdoor Furniture Moves In & Indoor Furniture Moves Out 72
2. Canada 73
Market Overview 73
Market Share Statistics: 73
Table 22: Canadian Market for Household Furniture and
Fixtures (2008): Percentage Breakdown of Value Sales by
Product Segment - Household Furniture (Living Room Furniture,
Bedroom Furniture, Kitchen Furniture, Dining Room Furniture,
Bathroom Furniture, and Garden Furniture) and Office &
Institutional Furniture 73
Demographics 74
Growth Drivers 74
Key Challenges 74
Office Furniture Market 75
Bedding Market 75
3. Japan 75
The SOHO (Small Office/Home Office) Furniture Market 75
Table 23: Small Office/Home Office Furniture Market in Japan
(2000-2005): Sales in US$ Million 75
Product Features 76
Distribution Channels 76
End User Analysis 76
Kitchen Furniture Market 76
Domestic Production 76
Product Requirements 76
End-Users 77
Fixtures Market 77
Garden Furniture Market 78
4. Europe 78
Market Overview 78
Increasing Importance of CAD and 3D Technologies 78
Rise in Automated Production Processes 79
Capitalizing on Environment Friendly Designs 79
Strong Economic Tie-Ups 79
A Historic Perspective 79
Table 24: European Furniture Industry (2003): Breakdown of
Production Value by Select Country (In Million Euros) 80
Table 25: European Furniture Industry (2003): Percentage
Share Breakdown of Production Value by Type of Furniture 81
Table 26: European Furniture Industry (2004): Percentage
Share Breakdown by Types of Raw Materials Used in the
Furniture Manufacturing 81
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Demand Forces 82
Environmental and Legal Issues 82
Health and Safety Guidelines for EU Furniture Sector 82
Impact of EU Environmental Directives on the Furniture Industry 82
Export &Import Scenario 83
Key Export-Import Statistics: 84
Table 27: EU-25 Furniture Industry: Breakdown of Imports &
Exports for the year 2002 through 2005 (in Million Euros) 84
Table 28: EU Imports of Furniture Products (2005): Percentage
Share Breakdown of Import Value by Countries of Origin 84
Table 29: EU Exports of Furniture Products (2005): Percentage
Share Breakdown of Export Value by Destination Countries 85
Distribution System 85
Table 30: EU Furniture Market (2006): Percentage Share
Breakdown of Sales by Type of Furniture Stores 86
Segmental Overview 86
Office Furniture 86
Home Office Furniture 87
Key Statistics: 87
Table 31: European Office Furniture Market (2005): Percentage
Share Breakdown of Value Sales by Key Player - Samas,
Steelcase, Haworth, Kinnarps, Ahrend, Bene, Virta, Sedus, EFG
and Others 87
Kitchen Furniture 87
Upholstered Furniture 88
Market Share Statistics: 88
Table 32: EU Furniture Market (2007): Percentage Share
Breakdown by Major Segments - Upholstery, Kitchen, Office &
Shop Furniture, Bedroom Furniture/Beds, Household Furniture,
Beds, Chairs, Garden Furniture and Others 88
4a. Czech Republic 89
4b. Denmark 89
4c. France 89
Market Overview 89
Ready-to-Assemble Furniture 90
Office Furniture 90
Table 33: Furniture Production in France (2006): Percentage
Share Breakdown of Value Sales for Shop and Office
Furniture, Armchairs, Chairs and Related Products, Bathroom
and Kitchen Furniture, Household Furniture, Beds & Bed
Frames (inclusive of mattresses), Outdoor Furniture and
Others 90
4d. Germany 90
Market Overview 90
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Key Statistics: 91
Table 34: German Market for Furniture and Fixtures by Product
Group/Segment - Household Furniture, and Office &
Institutional Furniture Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2004 through 2007 91
Export-Import Scenario 91
Distribution System 91
Office Furniture Market 91
Garden Furniture Market 92
Role of Malaysian Exporters 92
Competitive Dynamics 92
Regulatory Environment 92
4e. Italy 92
Market Overview 92
Table 35: Italian Historic Review for Kitchen Furniture and
Fixtures - Annual Sales Figures in US$ Million for Years 2001
through 2005 93
4f. Norway 93
4g. Poland 94
Market Overview 94
Distribution Channels 94
4h. Russia 95
Market Overview 95
Outlook 95
Distribution Techniques 95
4i. Sweden 95
Market Overview 95
Table 36: Swedish Furniture Market (2007): Percentage Share
Breakdown of Value Sales for Office Furniture, Mass
Producers, Standard Public Furniture, Bedding, Traditional
Home Furniture, Fittings, Sub-contractors and Design Home &
Outdoor Furniture 96
4j. Switzerland 96
4k. The Netherlands 96
4l. Ukraine 97
Market Overview 97
Table 37: House Furniture Market in Ukraine (2001):
Percentage Breakdown by Furniture Type - Kitchen,
Upholstered, Bedroom Suite, Drawing Room Suite, and Nursery 97
4m. United kingdom 98
Market Overview 98
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Table 38: UK Furniture & Floorcovering Market (2008):
Percentage Share Breakdown of Value Sales by Segment -
Upholstery, Bedroom, Kitchen, Living/Dining, Home Office, and
Others 98
Competitive Landscape 98
Segmental Overview 99
Household Furniture Market 99
Key Statistics: 99
Table 39: UK Household Furniture Sales in US$ Million
(2003-2006) 99
Kitchen Furniture Market 100
Upholstered Furniture Market 100
Bedroom Furniture Market 100
Beddings Market 100
Table 40: UK Beds Market (2005 & 2007): Percentage Share
Breakdown by Leading Segments - Divans, Bedsteads, Mattresses
and Others 101
Office Furniture Market 101
Challenges to Market 102
Home Office Furniture to Face a Short-Term Downturn 102
Garden Furniture 102
5. Asia-Pacific 103
Asian Products Go International 103
5a. Australia 103
Market Overview 103
Garden Products Market 103
5b. China 103
Market Overview 103
China Is No Longer a Preferred Manufacturing Hub 104
Foreign Companies Eye Domestic Furniture Market 104
Export Market 105
Fujian Furniture Exports 105
Table 41: Furniture Exports Market in Fujian Province
(2008): Percentage Share Breakdown of Export Value by Region -
US, Europe, Canada, Japan and Others 105
Table 42: Furniture Exports Market in Fujian Province
(2008): Percentage Share Breakdown of Export Value by
Commodity - Wood Furniture, Metal Framework, Metal
Furniture, Wooden Framework, and Others 106
Role of Government 106
Segmental Overview 106
Dining Room Furniture Market Continues to Escalate 107
Kitchen and Bathroom Furniture Market 107
Factors Contributing to the Growth of Furniture Sector 107
Housing Sector Reforms 107
Redecoration 107
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Changing Concepts 107
Demographic & Income Factors 107
High Income Bracket 107
Medium Income Bracket 108
Marriageable Segment 108
Children's Segment 108
Senior Citizens 108
5c. Hong Kong 108
Market Overview 108
Distribution Scenario 108
Environmental Concerns 109
Closer Economic Partnership Arrangement 109
Market Trends 109
5d. India 109
Market Overview 109
Residential Furniture Market 110
Cane Furniture 110
Market Share Statistics: 110
Table 43: Furniture Market in India (2005): Percentage
Breakdown by Category for Household Sector, Office Furniture,
and Hotel Furniture 110
Table 44: Indian Plastic Furniture Market (2007): Percentage
Share Breakdown of Sales by Company - Nilkamal Plastics,
Supreme, Cello, Prima, National, VIP, Regal, Polyset, and
Other Regional players 111
5e. Indonesia 111
Market Overview 111
Market Restraints 112
Raw Materials Prices Rally Due to Severe Shortages 112
Smuggling Woes Worsen Indonesian Furniture Market 112
Key Market Drivers 112
Industry Embraces Creativity to Stay Afloat 112
High Demand for Classic Furniture 112
Governmental Initiatives 113
5f. Korea 113
Market Overview 113
Table 45: Furniture Market in Korea (2002-2004): Key
Statistics (In US$ Million) 113
Competitive Scenario 113
Import Requirements 114
Distribution System 114
5g. Malaysia 114
Market Overview 114
An Export Hub 115
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Market Share Statistics: 115
Table 46: Malaysian Furniture Export Market (2008):
Percentage Share Breakdown of Export Sales by Region - US,
Japan, Australia, Britain, Singapore, and Others 115
Table 47: Malaysian Furniture Export Market (2007):
Percentage Share Breakdown of Export Sales by Region - US,
Britain, Japan, China (including Hong Kong), Canada and
Others 115
5h. New Zealand 116
Market Overview 116
Office Furniture 116
5i. Singapore 116
Market Overview 116
5j. Taiwan 117
Market Overview 117
Metal Furniture 117
Wooden Furniture 117
5k. Thailand 117
Market Overview 117
Export Scenario 118
Steel Furniture Market 118
Future Prospects 118
Market Share Statistics: 118
Table 48: Furniture Market in Thailand (2003): Exports (in
US$ Million) by Country - USA, Japan, UK, Canada, and
Australia 118
Table 49: Furniture Market in Thailand (2003): Exports (in
US$ Million) by Category - Wooden, Parts, Metal, Mattress
Structures, and Others 119
5l. The Philippines 119
Market Overview 119
Export Scenario 119
Tourism Department to Brace Furniture Sector 119
Market Share Statistics: 120
Table 50: Furniture Market in the Philippines (2003):
Percentage Breakdown of Exports by Country - USA, Japan,
United Kingdom, Australia, France, Saudi Arabia and Others 120
5m. Vietnam 120
Market Overview 120
Wooden Furniture 120
Growing Focus on the US Furniture Market 121
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6. Middle East 121
Market Overview 121
Key Statistics: 122
Table 51: Middle East Historic Review for Household Furniture
and Fixtures by Product Segment - Living Room Furniture,
Bedroom Furniture, Kitchen Furniture, Dining Room Furniture,
Bathroom Furniture, and Garden Furniture Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2002 through 2006 122
6a. Egypt 122
6b. Iran 123
Market Overview 123
Table 52: Iranian Furniture Imports (2004): Percentage Share
Breakdown of Import Value by Key Country - Turkey, UAE,
China, and Others 123
Table 53: Iranian Solid Wood Imports (2004): Percentage Share
Breakdown of Import Value by Key Country - Russia,
Azerbaijan, UAE, and Others 123
6c. Israel 124
6d. Kuwait 124
6e. Saudi Arabia 124
6f. Turkey 125
6g. United Arab Emirates 125
Market Overview 125
End-User Study 125
7. Latin America 126
7a. Argentina 126
7b. Brazil 126
Market Overview 126
Brazil Eyes US Furniture Market 126
Brazil Furniture Industry Focuses on the Arab Market 126
End-Use Market Analysis 126
7c. Chile 127
7d. Mexico 127
GLOBAL DIRECTORY
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