Industry Overview:

The latest report by IMARC Group, titled ” Metal Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,”  offers a comprehensive analysis of the industry, which comprises insights on the metal furniture market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global metal furniture market size reached US$ 145.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 189.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028. 

Metal furniture is generally manufactured from stainless steel, aluminum, and iron. It is widely adopted as a preferred alternative to plastics and wood counterparts owing to its durable, recyclable, and eco-friendly properties. It is extensively used across commercial and residential segments for enhancing the aesthetic appearance of a space. Additionally, it is commonly available in antique wrought iron to cutting-edge and minimalist chrome variants that help develop a unique blend and balance of style. As a result, it is widely utilized for outdoor furnishings, including patios and decks, and indoor furnishings for living and bedrooms.

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Global Metal Furniture Market Trends:

The global market is primarily driven by the changing lifestyle patterns of the masses. In line with this, the inflating disposable income levels of individuals and the widespread adoption of premium quality product variants that offer enhanced comfort are providing a boost to the market growth. Moreover, numerous manufacturers are heavily investing in the manufacturing of modern design furniture, which is gaining widespread prominence across the globe. Furthermore, rising investments by public and private firms in infrastructural development and remodeling projects are creating a positive outlook for the market. The market is further driven by the easy product availability via online and offline organized retail channels and continuous improvements in the e-commerce infrastructure. Other factors, including rapid urbanization, the increasing demand for intricately designed and customized metal furniture, and the shifting consumer preference towards replacing aging furniture with contemporary furnishings, are further projected to contribute to the market growth.

Global Metal Furniture Market 2023-2028 Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

• Alderman Tooling Ltd
• Chyuan Chern Co. Ltd.
• DHP Furniture
• Godrej Interio
• Herman Miller Inc.
• Hillsdale Furniture
• Inter IKEA Systems B.V.
• KinouWell Furniture
• KOKUYO CO. LTD.
• Oliver Metal Furniture
• Simpli Home
• Steelcase Inc.

Key Market Segmentation:

Type:

• Bed
• Sofa
• Chair
• Table
• Others

Distribution Channel:

• Supermarkets and Hypermarkets
• Direct Distribution
• Specialty Stores
• Online Stores

Application:

• Commercial
• Residential

 Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance 
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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