Cover Image
Market Research Report
Product code 
1066025

RTA Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Published: | IMARC Services Private Limited | 145 Pages | Delivery time: 2-3 business days

Price

Back to Top
RTA Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Published: March 15, 2022
IMARC Services Private Limited
Content info: 145 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

The global RTA furniture market reached a value of US$ 13.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.2 Billion by 2027, exhibiting at a CAGR of 5.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Ready-to-assemble (RTA) furniture refers to knock-down or kit furniture that can be built or assembled onsite using simple tools. Some of the commonly available RTA furniture include tables, desks, sofas, chairs, cabinets, wardrobes and beds. They are either shipped flat-packed or unassembled in multiple components and manufactured using wood, glass and steel. RTA furniture is highly functional, requires minimal packaging and can fit into small spaces. They are available in a wide variety of sizes, materials and designs and can be customized as per the requirement of the consumer. Individuals can also add personalized fittings and embellishments to enhance the aesthetic appeal of the furniture. As a result, they are widely used across residential and commercial complexes.

RTA Furniture Market Trends:

  • The increasing preference for flexible furniture among the masses is one of the key factors driving the growth of the market. RTA furniture is widely used across apartments and offices with limited spaces. Moreover, the emerging trend of shifting to multiple locations for jobs or business purposes, especially among the millennials, is also impacting the demand for easy-to-move furniture. Various product innovations, such as the launch of click furniture technology that minimizes the utilization of nuts and bolts for assembling the furniture, are acting as other growth-inducing factors. The technology also provides enhanced stability by locking the corners and front and back panels. In line with this, aggressive promotional activities by product manufacturers and vendors, along with convenient product availability through proliferating online retail channels, is also contributing to the market growth. Other factors, including the rising expenditure capacities of the consumers, along with the increasing demand for luxurious and premium-quality furnishing products, are anticipated to drive the market toward growth.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global RTA furniture market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, material, distribution channel and end user.

Breakup by Product:

  • Tables
  • Chairs and Sofas
  • Storage
  • Beds
  • Others

Breakup by Material:

  • Wood
  • Glass
  • Steel
  • Others

Breakup by Distribution Channel:

  • Specialty Stores
  • Flagship Stores
  • Home Centers
  • Online Stores
  • Others

Breakup by End User:

  • Residential
  • Commercial

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ashley HomeStore, Bush Furniture, Flexsteel Industries Inc., Homestar Corporation, Inter IKEA Systems B.V., Prepac Manufacturing Ltd, Sauder Woodworking Co., Simplicity Sofas, South Shore Furniture, Tvilum A/S, Walker Edison Furniture Company LLC and Whalen Furniture (Li & Fung Limited). Key Questions Answered in This Report:

  • How has the global RTA furniture market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global RTA furniture market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global RTA furniture market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR0322A295_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global RTA Furniture Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Tables
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Chairs and Sofas
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Storage
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Beds
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Others
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Material

  • 7.1 Wood
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Glass
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Steel
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Distribution Channel

  • 8.1 Specialty Stores
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Flagship Stores
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Home Centers
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Online Stores
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by End User

  • 9.1 Residential
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Commercial
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 Ashley HomeStore
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2 Bush Furniture
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3 Flexsteel Industries Inc.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 Homestar Corporation
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 Inter IKEA Systems B.V.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
    • 15.3.6 Prepac Manufacturing Ltd
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
    • 15.3.7 Sauder Woodworking Co.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
    • 15.3.8 Simplicity Sofas
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 South Shore Furniture
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
    • 15.3.10 Tvilum A/S
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
    • 15.3.11 Walker Edison Furniture Company LLC
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
    • 15.3.12 Whalen Furniture (Li & Fung Limited)
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio

List of Figures

  • Figure 1: Global: RTA Furniture Market: Major Drivers and Challenges
  • Figure 2: Global: RTA Furniture Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: RTA Furniture Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 4: Global: RTA Furniture Market: Breakup by Product (in %), 2021
  • Figure 5: Global: RTA Furniture Market: Breakup by Material (in %), 2021
  • Figure 6: Global: RTA Furniture Market: Breakup by Distribution Channel (in %), 2021
  • Figure 7: Global: RTA Furniture Market: Breakup by End User (in %), 2021
  • Figure 8: Global: RTA Furniture Market: Breakup by Region (in %), 2021
  • Figure 9: Global: RTA Furniture (Tables) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 10: Global: RTA Furniture (Tables) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 11: Global: RTA Furniture (Chairs and Sofas) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 12: Global: RTA Furniture (Chairs and Sofas) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 13: Global: RTA Furniture (Storage) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 14: Global: RTA Furniture (Storage) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 15: Global: RTA Furniture (Beds) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 16: Global: RTA Furniture (Beds) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 17: Global: RTA Furniture (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 18: Global: RTA Furniture (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 19: Global: RTA Furniture (Wood) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 20: Global: RTA Furniture (Wood) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 21: Global: RTA Furniture (Glass) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 22: Global: RTA Furniture (Glass) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 23: Global: RTA Furniture (Steel) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 24: Global: RTA Furniture (Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 25: Global: RTA Furniture (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 26: Global: RTA Furniture (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 27: Global: RTA Furniture (Specialty Stores) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 28: Global: RTA Furniture (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 29: Global: RTA Furniture (Flagship Stores) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 30: Global: RTA Furniture (Flagship Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 31: Global: RTA Furniture (Home Centers) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 32: Global: RTA Furniture (Home Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 33: Global: RTA Furniture (Online Stores) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 34: Global: RTA Furniture (Online Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 35: Global: RTA Furniture (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 36: Global: RTA Furniture (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 37: Global: RTA Furniture (Residential) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 38: Global: RTA Furniture (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 39: Global: RTA Furniture (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 40: Global: RTA Furniture (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 41: North America: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 42: North America: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 43: United States: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 44: United States: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 45: Canada: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 46: Canada: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 47: Asia-Pacific: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 48: Asia-Pacific: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 49: China: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 50: China: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 51: Japan: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 52: Japan: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 53: India: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 54: India: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 55: South Korea: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 56: South Korea: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 57: Australia: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 58: Australia: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 59: Indonesia: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 60: Indonesia: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 61: Others: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 62: Others: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 63: Europe: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 64: Europe: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 65: Germany: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 66: Germany: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 67: France: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 68: France: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 69: United Kingdom: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 70: United Kingdom: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 71: Italy: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 72: Italy: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 73: Spain: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 74: Spain: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 75: Russia: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 76: Russia: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 77: Others: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 78: Others: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 79: Latin America: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 80: Latin America: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 81: Brazil: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 82: Brazil: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 83: Mexico: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 84: Mexico: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 85: Others: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 86: Others: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 87: Middle East and Africa: RTA Furniture Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 88: Middle East and Africa: RTA Furniture Market: Breakup by Country (in %), 2021
  • Figure 89: Middle East and Africa: RTA Furniture Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 90: Global: RTA Furniture Industry: SWOT Analysis
  • Figure 91: Global: RTA Furniture Industry: Value Chain Analysis
  • Figure 92: Global: RTA Furniture Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: RTA Furniture Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: RTA Furniture Market Forecast: Breakup by Product (in Million US$), 2022-2027
  • Table 3: Global: RTA Furniture Market Forecast: Breakup by Material (in Million US$), 2022-2027
  • Table 4: Global: RTA Furniture Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
  • Table 5: Global: RTA Furniture Market Forecast: Breakup by End User (in Million US$), 2022-2027
  • Table 6: Global: RTA Furniture Market Forecast: Breakup by Region (in Million US$), 2022-2027
  • Table 7: Global: RTA Furniture Market: Competitive Structure
  • Table 8: Global: RTA Furniture Market: Key Players