Ready to Assemble Furniture Market in Europe by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR43235
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 Ready to Assemble (RTA) Furniture Market in Europe - 2021-2025

The ready to assemble (RTA) furniture market size in Europe is expected to reach a value of USD 2.24 billion during 2021-2025 at a CAGR of 2.14%. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as the advent of e-commerce, free pick-up, and delivery opportunities are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Ready to Assemble (RTA) Furniture Market in Europe Size

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Ready to Assemble (RTA) Furniture Market Segments in Europe

Navigate through market segmentation by product (home RTA furniture and office RTA furniture), distribution channel (offline and online), and geography (Germany, France, Sweden, the UK, and rest of Europe) in this ready to assemble furniture market report of Europe to pursue growth opportunities.

Get actionable insights on the ready to assemble furniture market segments in Europe to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic ready-to-assemble furniture market in Europe predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Ready to Assemble (RTA) Furniture Market Vendors in Europe and Competitive Analysis

The RTA furniture market in Europe is fragmented and the vendors are deploying growth strategies such as focusing on R&D, technology, labor, and branding to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID19 impact update.

Buy the full ready to assemble furniture market forecast report of Europe for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Ready to Assemble (RTA) Furniture Market in Europe Vendors

Ready to Assemble (RTA) Furniture Market in Europe - Region Opportunities 2021-2025

44% of the ready to assemble furniture market growth in Europe will originate from rest of Europe during the forecast period. Denmark, the Netherlands, Russia, and Italy are the key markets for the ready to assemble furniture in rest of Europe. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Ready to Assemble (RTA) Furniture Market in Europe Share by Geography

The rest of Europe has been exhibiting a significant growth rate for ready to assemble furniture market vendors in Europe. Factors such as the growing popularity of home offices, improved supply chain management, and the emergence of innovative product offerings by vendors are accelerating the ready to assemble furniture market growth in rest of Europe. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The ready to assemble furniture market share growth in rest of Europe will be faster than the growth of the market in Germany, France, Sweden, and the UK. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Ready to Assemble (RTA) Furniture Market Insights of Europe by Product

Ready to Assemble (RTA) Furniture Market in Europe Share by Product

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The ready to assemble furniture market share growth in Europe by the home RTA furniture segment will be significant during the forecast period. The easy availability of technologically innovative and lightweight RTA furniture for various home segments, including the living room, bedroom, kitchen, and dining rooms, is driving the growth of the home RTA furniture segment. The living room and bedroom furniture segment has been the major contributor to the revenue in this market segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the RTA furniture market size in Europe.

From the ready to assemble furniture market segmentation insights of Europe, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID19 impact on each segment.

Ready to Assemble (RTA) Furniture Market Drivers & Trends in Europe

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding RTA furniture market growth in Europe is uncertainty in costs of raw material used for RTA furniture. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

The advent of e-commerce and the availability of free pick-up and delivery opportunities is one of the primary factors driving the market growth. Consumers are increasingly demanding convenient and comfortable shopping due to their hectic lifestyles and work schedules. Consequently, the key players in the market have set up online stores that offer cheap pick-up and delivery services. This convenience of purchasing and delivery of products significantly influences the rise in online purchases.

There is an increase in consumer preference for more trendy and innovative product designs. This encourages RTA vendors to cater to changing product designs. Vendors are producing innovative and sustainable products by using technological advances. The use of new and innovative raw materials results in lightweight furniture that is economical, requires less raw materials to design, and convenient to transport. One of the major players has modified its smart RTA collection by adding integrated wireless charging facilities with bedside tables. Such innovations in product designs will be crucial ready to assemble furniture market trends that will influence market growth. 

This ready to assemble furniture market analysis report of Europe provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

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Ready to Assemble (RTA) Furniture Market Report Outlook of Europe

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive ready to assemble furniture market growth in Europe during the next five years
  • Precise estimation of the ready-to-assemble furniture market size in Europe and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ready to assemble furniture market across Germany, France, Sweden, the UK, and Rest of Europe
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ready to assemble furniture market vendors in Europe 

Buy the Ready To Assemble (RTA) Furniture Market Report of Europe now to reimage your business strategies!

 

Ready To Assemble (RTA) Furniture Market In Europe Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

$ 2.24 billion

Market structure

Fragmented

YoY growth (%)

1.30

Regional analysis

Germany, France, Sweden, UK, and Rest of Europe

Performing market contribution

Rest of Europe at 44%

Key consumer countries

Germany, France, Sweden, UK, and Rest of Europe

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Decorative Panels Holdings Ltd., Dorel Industries Inc., FABRYKI MEBLI FORTE SA, Flexa4Dreams AS, Inter IKEA Holding BV, Meubles Demeyere SA, Rohr-Bush GmbH and Co. KG, Steinhoff International Holdings NV, Tvilum AS, and UAB koncernas SBA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Home RTA furniture - Market size and forecast 2020-2025
    • Office RTA furniture - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Germany - Market size and forecast 2020-2025
      • France - Market size and forecast 2020-2025
      • Sweden - Market size and forecast 2020-2025
      • UK - Market size and forecast 2020-2025
      • Rest of Europe - Market size and forecast 2020-2025
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Decorative Panels Holdings Ltd.
      • Dorel Industries Inc.
      • FABRYKI MEBLI FORTE SA
      • Flexa4Dreams AS
      • Inter IKEA Holding BV
      • Meubles Demeyere SA
      • Rohr-Bush GmbH and Co. KG
      • Steinhoff International Holdings NV
      • Tvilum AS
      • UAB koncernas SBA

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      The ready to assemble (rta) furniture market growth will increase by $5.81 billion during 2019-2024.
      The ready to assemble (rta) furniture market is expected to grow at a CAGR of 4.74% during 2019-2024.
      Technavio has segmented the ready to assemble (rta) furniture market by product (Home RTA furniture and Office RTA furniture) and geographic (Germany, France, Sweden, and Rest of Europe).
      Decorative Panels Holdings Ltd., Dorel Industries Inc., FABRYKI MEBLI FORTE SA, FLEXA4DREAMS AS, Inter IKEA Group, Meubles Demeyere SA, Rohr-Bush GmbH & Co.KG, SBA Group, Steinhoff International, Tvilum AS are a few of the key vendors in the ready to assemble (rta) furniture market.
      Germany will register the highest growth rate of 53.80% among the other regions. Therefore, the ready to assemble (rta) furniture market in Germany is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the ready to assemble (rta) furniture market growth are:
      • Economical cost and quick furnishings of RTA furniture
      • Growing adoption of cordless nail guns
      The ready to assemble (rta) furniture market vendors should focus on grabbing business opportunities from the home rta furniture segment as it accounted for the largest market share in the base year.
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