The North America Metal Furniture Market would witness market growth of 8.6% CAGR during the forecast period (2021-2027).
The worldwide metal furniture business has grown significantly in recent years and is predicted to continue growing at a steady rate over the forecast period. This is due to an increase in the popularity of personalized designs, eco-friendly materials, and French modern design. However, fluctuating raw material prices and an increase in counterfeit items is expected to limit the growth of the market. Moreover, an increase in disposable income and a taste for interior and external design are expected to drive metal furniture demand. Furthermore, the bulk of commercial establishments, such as hotels and resorts, spend on interior and external design as part of their infrastructure enhancement. This entails the installation of designer furniture to improve the ambiance and architecture of the infrastructural space.
Reasons such as increased disposable incomes, the rise of the real estate and hotel industries, and customer demand for luxury and premium furnishings are driving the growth of the metal furniture market. In addition, rising government investments in infrastructure development are boosting the demand in the residential and commercial sectors, which will drive product demand in the near future.
The high spending of the consumers in the region on renovating and refurbishing their homes is one of the major factors fuelling the growth of the regional metal furniture market during the forecast period. In addition, the growing demand for customized furniture is contributing to the boosting demand for metal furniture in this region. The strong healthcare sector is supporting the growth of the metal furniture market in the region.
Moreover, the increasing numbers of nuclear families who spend more money on making their homes look attractive yet comfortable would augment the demand for metal furniture in the region. Metal furniture adds to the style statement of the house and looks more elegant; due to this people are increasingly adopting metal furniture in their spaces. Several restaurant owners and commercial spaces are highly using metal furniture to make their spaces beautiful and attractive, which would contribute to the growth of the regional metal furniture market.
The US market dominated the North America Commercial Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $17,909.6 million by 2027. The Canada market is experiencing a CAGR of 11.5% during (2021-2027). Additionally, The Mexico market would witness a CAGR of 10.6% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Metal Furniture Market is Estimated to Reach USD 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.
Scope of the Study
Market Segments Covered in the Report:
By Application
By Type
By Distribution Channel
- Specialty Stores
- E-Commerce
- Supermarket/Hypermarket
- Direct distribution
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
- Zinus, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Metal Furniture Market, by Application
1.4.2 North America Metal Furniture Market, by Type
1.4.3 North America Metal Furniture Market, by Distribution Channel
1.4.4 North America Metal Furniture Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Metal Furniture Market by Application
3.1 North America Residential Market by Country
3.2 North America Commercial Market by Country
Chapter 4. North America Metal Furniture Market by Type
4.1 North America Bed Market by Country
4.2 North America Chair Market by Country
4.3 North America Sofa Market by Country
4.4 North America Table Market by Country
4.5 North America Other Type Market by Country
Chapter 5. North America Metal Furniture Market by Distribution Channel
5.1 North America Specialty Stores Market by Country
5.2 North America E-Commerce Market by Country
5.3 North America Supermarket/Hypermarket Market by Country
5.4 North America Direct Distribution Market by Country
Chapter 6. North America Metal Furniture Market by Country
6.1 US Metal Furniture Market
6.1.1 US Metal Furniture Market by Application
6.1.2 US Metal Furniture Market by Type
6.1.3 US Metal Furniture Market by Distribution Channel
6.2 Canada Metal Furniture Market
6.2.1 Canada Metal Furniture Market by Application
6.2.2 Canada Metal Furniture Market by Type
6.2.3 Canada Metal Furniture Market by Distribution Channel
6.3 Mexico Metal Furniture Market
6.3.1 Mexico Metal Furniture Market by Application
6.3.2 Mexico Metal Furniture Market by Type
6.3.3 Mexico Metal Furniture Market by Distribution Channel
6.4 Rest of North America Metal Furniture Market
6.4.1 Rest of North America Metal Furniture Market by Application
6.4.2 Rest of North America Metal Furniture Market by Type
6.4.3 Rest of North America Metal Furniture Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Godrej Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent Strategies and Development:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Geographical Expansions:
7.2 Dorel Industries, Inc. (Dorel Home Products Furniture)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Inter IKEA Systems B.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.4 Chyuan Chern Furniture Co., Ltd.
7.4.1 Company Overview
7.5 Meco Corporation (Unaka Corporation)
7.5.1 Company Overview
7.6 Hillsdale Furniture
7.6.1 Company Overview
7.7 Simpli Home
7.7.1 Company Overview
7.8 Oliver Metal Furniture
7.8.1 Company Overview
7.9 Zinus, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and Development:
7.9.2.1 Geographical Expansions:
TABLE 1 North America Metal Furniture Market, 2017 - 2020, USD Million
TABLE 2 North America Metal Furniture Market, 2021-2027, USD Million
TABLE 3 North America Metal Furniture Market by Application, 2017 - 2020, USD Million
TABLE 4 North America Metal Furniture Market by Application, 2021-2027, USD Million
TABLE 5 North America Residential Market by Country, 2017 - 2020, USD Million
TABLE 6 North America Residential Market by Country, 2021-2027, USD Million
TABLE 7 North America Commercial Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Commercial Market by Country, 2021-2027, USD Million
TABLE 9 North America Metal Furniture Market by Type, 2017 - 2020, USD Million
TABLE 10 North America Metal Furniture Market by Type, 2021-2027, USD Million
TABLE 11 North America Bed Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Bed Market by Country, 2021-2027, USD Million
TABLE 13 North America Chair Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Chair Market by Country, 2021-2027, USD Million
TABLE 15 North America Sofa Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Sofa Market by Country, 2021-2027, USD Million
TABLE 17 North America Table Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Table Market by Country, 2021-2027, USD Million
TABLE 19 North America Other Type Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Other Type Market by Country, 2021-2027, USD Million
TABLE 21 North America Metal Furniture Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 22 North America Metal Furniture Market by Distribution Channel, 2021-2027, USD Million
TABLE 23 North America Specialty Stores Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Specialty Stores Market by Country, 2021-2027, USD Million
TABLE 25 North America E-Commerce Market by Country, 2017 - 2020, USD Million
TABLE 26 North America E-Commerce Market by Country, 2021-2027, USD Million
TABLE 27 North America Supermarket/Hypermarket Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Supermarket/Hypermarket Market by Country, 2021-2027, USD Million
TABLE 29 North America Direct Distribution Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Direct Distribution Market by Country, 2021-2027, USD Million
TABLE 31 North America Metal Furniture Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Metal Furniture Market by Country, 2021-2027, USD Million
TABLE 33 US Metal Furniture Market, 2017 - 2020, USD Million
TABLE 34 US Metal Furniture Market, 2021-2027, USD Million
TABLE 35 US Metal Furniture Market by Application, 2017 - 2020, USD Million
TABLE 36 US Metal Furniture Market by Application, 2021-2027, USD Million
TABLE 37 US Metal Furniture Market by Type, 2017 - 2020, USD Million
TABLE 38 US Metal Furniture Market by Type, 2021-2027, USD Million
TABLE 39 US Metal Furniture Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 40 US Metal Furniture Market by Distribution Channel, 2021-2027, USD Million
TABLE 41 Canada Metal Furniture Market, 2017 - 2020, USD Million
TABLE 42 Canada Metal Furniture Market, 2021-2027, USD Million
TABLE 43 Canada Metal Furniture Market by Application, 2017 - 2020, USD Million
TABLE 44 Canada Metal Furniture Market by Application, 2021-2027, USD Million
TABLE 45 Canada Metal Furniture Market by Type, 2017 - 2020, USD Million
TABLE 46 Canada Metal Furniture Market by Type, 2021-2027, USD Million
TABLE 47 Canada Metal Furniture Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 48 Canada Metal Furniture Market by Distribution Channel, 2021-2027, USD Million
TABLE 49 Mexico Metal Furniture Market, 2017 - 2020, USD Million
TABLE 50 Mexico Metal Furniture Market, 2021-2027, USD Million
TABLE 51 Mexico Metal Furniture Market by Application, 2017 - 2020, USD Million
TABLE 52 Mexico Metal Furniture Market by Application, 2021-2027, USD Million
TABLE 53 Mexico Metal Furniture Market by Type, 2017 - 2020, USD Million
TABLE 54 Mexico Metal Furniture Market by Type, 2021-2027, USD Million
TABLE 55 Mexico Metal Furniture Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 56 Mexico Metal Furniture Market by Distribution Channel, 2021-2027, USD Million
TABLE 57 Rest of North America Metal Furniture Market, 2017 - 2020, USD Million
TABLE 58 Rest of North America Metal Furniture Market, 2021-2027, USD Million
TABLE 59 Rest of North America Metal Furniture Market by Application, 2017 - 2020, USD Million
TABLE 60 Rest of North America Metal Furniture Market by Application, 2021-2027, USD Million
TABLE 61 Rest of North America Metal Furniture Market by Type, 2017 - 2020, USD Million
TABLE 62 Rest of North America Metal Furniture Market by Type, 2021-2027, USD Million
TABLE 63 Rest of North America Metal Furniture Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 64 Rest of North America Metal Furniture Market by Distribution Channel, 2021-2027, USD Million
TABLE 65 Key Information – Godrej Group
TABLE 66 key information – Dorel Industries, Inc.
TABLE 67 Key information – Inter IKEA Systems B.V.
TABLE 68 Key information – Chyuan Chern Furniture Co., Ltd.
TABLE 69 Key information – Meco Corporation
TABLE 70 Key information – Hillsdale Furniture
TABLE 71 Key information – Simpli Home
TABLE 72 Key information – Oliver Metal Furniture
TABLE 73 Key information – Zinus, inc.
List of Figures
FIG 1 Methodology for the research
FIG 1 Recent Strategies and Development: Godrej Group