The Europe Metal Furniture Market would witness market growth of 9.6% CAGR during the forecast period (2021-2027).
Metal furniture is usually preferred by customers who are inclined towards pest management and low maintenance costs. Moreover, this kind of furniture is mainly used in outdoor furnishings usually for decks and patios. Additionally, many people prefer indoor metal furniture such as iron bakers racks, metal curio cabinets, brass beds, brass tables and among others. If compared to normal furniture metal furniture is bulky, but it still looks appealing providing it a contemporary ambiance to the home or workplace.
Metal materials have been employed in numerous areas, including furniture making, since ancient times. Metals, which were previously only employed as joining parts, accessories, and carriers, are now being used to create full furniture sets. In the past, bronze, gold, silver, and iron were the most commonly used metals; currently, steel and aluminum are the most commonly used metals in furniture production. The metals are processed in a similar manner as in past periods.
The concept of a nuclear family is creating more demand for metal furniture as nuclear families spend on furnishing their homes and would highly adopt metal furniture for the same. This would further surge the regional growth of the metal furniture market. The strong tourism sector of the region is attracting more companies to expand their market in the region.
Furthermore, metal furniture is more durable, attractive, and strong than any other type of furniture, which is attracting more people towards its usage in their spaces. It would further augment the demand for metal furniture in the region. The high usage of metal furniture in the healthcare sector is estimated to bolster the growth of the regional metal furniture market.
The Germany market dominated the Europe Sofa Market by Country in 2020, thereby, achieving a market value of $4,973 million by 2027. The UK market is exhibiting a CAGR of 9.1% during (2021-2027). Additionally, The France market is anticipated to witness a CAGR of 11.5% during (2021-2027).
Based on Application, the market is segmented into Residential and Commercial. Based on Type, the market is segmented into Bed, Chair, Sofa, Table and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, E-Commerce, Supermarket/Hypermarket and Direct distribution. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Metal Furniture Market Size will Hit $266.7 Billion by 2027, at a CAGR of 10%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Godrej Group, Dorel Industries, Inc. (Dorel Home Products Furniture), Inter IKEA Systems B.V., Chyuan Chern Furniture Co., Ltd., Meco Corporation (Unaka Corporation), Hillsdale Furniture, Simpli Home, Oliver Metal Furniture, and Zinus, Inc.
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