CS Mapper

Main Menu

  • Home
  • Mapping data
  • Mapping framework
  • Google maps
  • Geo data
  • IT project funding

CS Mapper

Header Banner

CS Mapper

  • Home
  • Mapping data
  • Mapping framework
  • Google maps
  • Geo data
  • IT project funding
Geo data
Home›Geo data›Rattan Furniture Market – 37% of Growth Will Come from APAC | Significant increase in demand for outdoor rattan furniture to drive the market

Rattan Furniture Market – 37% of Growth Will Come from APAC | Significant increase in demand for outdoor rattan furniture to drive the market

By Lewis Dunn
February 17, 2022
0
0

NEW YORK, February 16, 2022 /PRNewswire/ — The “Rattan Furniture Market by End User (Residential and Commercial) and Geography (North AmericaACPA, Europe, South Americaand MEA) – Forecast and Analysis 2022-2026report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proud to partner with over 100 Fortune 500 companies for over 16 years. 37% of market growth will come from APAC during the forecast period. China and Japan are the major markets for rattan furniture in APAC. Market growth in this region will be faster than market growth in other regions. North America is another potential market for rattan furniture. The significant increase in demand for rattan furniture from countries like the United States, Canadaand Mexico will facilitate the growth of the targeted market by North America over the forecast period.

report titled Rattan Furniture Market by End User and Geography – Forecast and Analysis 2022-2026 has been announced by Technavio, who has been proud to partner with Fortune 500 companies for over 16 years.” src=”https://s.yimg.com/ny/api/res/1.2/dSyAODbgI6p_NiaLExyXyw–/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5Nw–/https://s.yimg.com/uu/api/res/1.2/wxQra4ciLtfCNnJ76R_8eA–~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/92be02355110ec00e6ca56a27f277e89″ class=”caas-img”/>

The latest market research report titled Rattan Furniture Market by End User and Geography – Forecast and Analysis 2022-2026 has been announced by Technavio, who has been proud to partner with Fortune 500 companies for over 16 years.

The difference in potential growth of the Rattan Furniture market between 2021 and 2026 is $870.19 million. To get the exact annual growth variance and annual growth rate, Talk to our analyst.

Key Market Dynamics:

  • Market engine – The key factor driving the growth of the global rattan furniture market is the significant increase in demand for rattan outdoor furniture. In 2020, the outbreak of COVID-19 induced lockdowns led to the closure of restaurants, bars and workplaces, negatively impacting demand for outdoor furniture items such as rattan furniture. However, the need for outdoor rattan furniture in the residential category has increased dramatically due to the pandemic as people have been forced to stay home and work from home. Thus, increasing demand from residential end users owing to WFH cultivation is expected to drive the global rattan furniture market over the forecast period.

  • Market Challenges – The major challenge to the growth of the global rattan furniture market is the market fragmentation due to the presence of multiple regional and international suppliers. This strong market fragmentation results in moderate barriers to new entrants, which increases the bargaining power of buyers and encourages sellers to opt for penetration pricing strategies. Additionally, unorganized local vendors offer rattan furniture at low prices compared to prices offered by organized regional and global retailers. These factors lead to high price volatility, thus leading to a significant increase in price wars, which affect the pricing strategy and R&D investments of major global suppliers. Thus, these factors are expected to challenge the rattan furniture market during the forecast period.

To learn more about key drivers, trends and additional challenges – Read our FREE sample report now!

Segmentation analysis

The Rattan Furniture Market report is segmented by Final user (Residential and Commercial) and Geography (North AmericaACPA, Europe, South Americaand MEA).

The growth of the rattan furniture market share by the residential segment will be important for revenue generation. The growth of the segment is mainly driven by increasing demand for multifunctional and versatile residential furniture mainly comprising of folding beds and extendable sofa sets, which in turn will drive the growth of the market during the forecast period .

See our sample report for additional information on the contribution of all segments and regional opportunities in the report.

Some companies mentioned

The rattan furniture market is fragmented and vendors are deploying growth strategies such as mergers and acquisitions to compete in the market.

  • To access more supplier profiles with their key offerings available with Technavio, Click here

Related reports:
furniture market in indonesia -The furniture market share in Indonesia is expected to grow by USD 3.29 billion from 2021 to 2026, at a CAGR of 12.08%. Download a free sample now!

Folding Furniture Market –The folding furniture market share is expected to increase by USD 4.44 billion from 2020 to 2025, and the market growth momentum will accelerate at a CAGR of 6.58%. Download a free sample now!

Rattan Furniture Market Scope

Report cover

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 3.36%

Market Growth 2022-2026

$870.19 million

Market structure

Fragmented

Annual growth (%)

2.81

Regional analysis

North America, APAC, Europe, South America and MEA

Successful market contribution

Asia-Pacific at 37%

Main consumer countries

United States, China, Germany, United Kingdom and Japan

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Agio International Co., Barbeques Galore Aust Pty Ltd, Braxton Culler Inc., Fischer Mobel GmbH, Hartman Outdoor Products UK Ltd, Haworth Inc., Keter Plastic Ltd., Linya Group Ltd., Modi Workspace Pvt Ltd. and TUUCI LLC

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

Abstract

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by end user

  • Market segments

  • Comparison by end user

  • Residential – Market size and forecast 2021-2026

  • Commercial – Market size and forecast 2021-2026

  • Market opportunity by end user

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • North America – Market size and forecast 2021-2026

  • APAC – Market size and forecast 2021-2026

  • Europe – Market size and forecast 2021-2026

  • South America – Market size and forecast 2021-2026

  • MEA – Market size and forecast 2021-2026

  • Main leading countries

  • Market Opportunity by Geography

  • Market factors

  • Market challenges

  • Market trends

Supplier Landscape

  • Overview

  • Landscape disturbance

Vendor analysis

  • Suppliers Covered

  • Positioning on the supplier market

  • Agio International Co.

  • Barbecues Galore Aust Pty Ltd

  • Braxton Culler Inc.

  • Fischer Mobel GmbH

  • Hartman Outdoor Products UK Ltd

  • Haworth Inc.

  • Keter Plastic Ltd.

  • Linya Group Ltd.

  • Modi Workspace Pvt Ltd.

  • TUUCI SARL

appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Quote

Quote

Show original content to download multimedia:https://www.prnewswire.com/news-releases/rattan-furniture-market—37-of-growth-to-originate-from-apac–significant-increase-in-demand-for-outdoor-rattan -furniture-to-boost-market–17000-technavio–rapports-301481767.html

SOURCETechnavio

Related posts:

  1. ICE deploys mobile face biometrics to remotely monitor registered migrants
  2. Data: an essential weapon against Covid
  3. Sindh government calls for parliamentary debate on census results after CCI fails to address concerns
  4. How pharmaceutical marketing is undergoing a paradigm shift

Categories

  • Geo data
  • Google maps
  • IT project funding
  • Mapping data
  • Mapping framework

Recent Posts

  • Snr Java Developer (JHB) at Datafin Recruitment
  • 8 Outdoor Durian Stalls In S’pore With Decent Google Reviews To Sit And Enjoy The Fruit – Mothership.SG
  • DWP Launches Dashboard Availability Point Consultation
  • Woolworths leak says it uses artificial intelligence and facial recognition
  • Global industry analysts forecast the global autonomous data platform market to reach $2.8 billion by 2026

Archives

  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • August 2019
  • Privacy Policy
  • Terms and Conditions