PUBLISHER: Acute Market Reports | PRODUCT CODE: 1299785
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1299785
The furniture industry utilizes logistics for the management of way resources are obtained, stored and enthused. The utilization of logistics provide the furniture industry with a consistent and regular supply of different furniture from dealers/distributors and suppliers in varied locations.
The global furniture logistics market is growing at a rapid pace and is likely to achieve significant growth over the next seven years till 2023. The arrival of various add on services provided by logistic companies is anticipated to foster the growth of furniture logistics market over the forecast period. Relocation of manufacturing facilities to the areas where labor costs are comparatively lower is intensifying the demand for international and domestic logistics over the forecast period.
At present, Europe region captured the highest share in revenue of furniture logistics market and is expected to dominate over the forecast period. The Europe captured more than 30% revenue share in the total furniture logistics market in 2015. Rising popularity about furniture logistics in India and China is expected to strengthen the growth of Asia Pacific furniture logistics market over the forecast period.
The global furniture logistics market is mainly concentrated in Europe. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
DHL Logistics, DB Schenker, C.H. Robinson, Kuehen+Nagel Logistics, GATI Logistics, CEVA Logistics, Expeditors International, Schneider Logistics, Expeditors International, C.H. Robinson, Agility Logistics, Allcargo Logistics, Damco International A/S, Imperial Logistics, Hub Group, Kerry Logistics, Logwin, Nippon Express, Panalpina, Ryder, Sinotrans, Wincanton, J.B. Hunt. and others.
This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2031.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Furniture Logistics market are as follows:
Micro and macro environment factors that are currently influencing the Furniture Logistics market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.