Metal Furniture Market Size, Trends, Growth, Opportunity and Forecast 2024-2032

Written by Elena Anderson » Updated on: November 10th, 2024

According to the latest report by IMARC Group, titled ”Metal Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” the global metal furniture market size reached US$ 151.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 208.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.5% during 2024-2032.

Metal furniture refers to any furniture items primarily constructed from metal materials such as steel, aluminum, iron, or a combination thereof. Manufactured through various processes including casting, welding, and machining, metal furniture offers durability, strength, and versatility. Its production involves shaping raw metal into desired forms, often through cutting, bending, and joining techniques, before finishing with coatings like paint or powder coating to enhance aesthetics and corrosion resistance. The versatility of metal furniture allows for a wide range of designs, from sleek and modern to ornate and traditional, catering to diverse aesthetic preferences. Its importance lies in its ability to withstand harsh environmental conditions, making it suitable for both indoor and outdoor use. The benefits of metal furniture include its longevity, ease of maintenance, and recyclability, contributing to sustainability efforts.

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Leading Key Players in the Metal Furniture Industry:

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

Metal Furniture Market Trends:

The global market is primarily driven by increasing urbanization and the growing trend of interior design has led to a rising demand for modern and contemporary furniture, including metal furniture. Additionally, the expanding hospitality and commercial sectors, coupled with the surge in construction activities worldwide, are driving the demand for metal furniture in hotels, restaurants, offices, and public spaces is impelling market growth. Moreover, continual advancements in manufacturing technologies and materials are enabling furniture manufacturers to produce innovative and customizable metal furniture designs, catering to diverse consumer preferences is stimulating market growth.

Furthermore, the growing awareness of sustainability and eco-friendly practices is prompting the development of metal furniture made from recycled materials, aligning with environmentally conscious consumer behavior is creating a positive market outlook. In line with this, the evolving lifestyles and preferences of consumers, coupled with the increasing focus on aesthetics and durability, the global metal furniture market is poised for continued growth and innovation.

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Key Market Segmentation:

Breakup by Type:

Bed

Sofa

Chair

Table

Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets

Direct Distribution

Specialty Stores

Online Stores

Breakup by 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

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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