Cabinets, TV Stands & Side Tables - Worldwide

  • Worldwide
  • In 2024, the revenue generated in the Cabinets, TV Stands & Side Tables market worldwide reached an impressive amount of US$112.10bn.
  • According to market projections, this sector is expected to experience an annual growth rate of 6.55% (CAGR 2024-2028).
  • When comparing the global market, in the United States stands out as the top revenue generator, reaching US$26,000m in 2024.
  • This indicates the significant market share held by in the United States in this industry.
  • To put the revenue figures into perspective, in 2024, the per-person revenue generated in this segment amounted to US$14.47 when considering the global population.
  • This sheds light on the economic impact and consumer demand for Cabinets, TV Stands & Side Tables market products on a per capita basis.
  • In the United States, there is a growing trend towards minimalist and sleek designs in cabinets, TV stands, and side tables.

Key regions: Germany, India, United Kingdom, Worldwide, Brazil

 
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Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on home furnishings and furniture found in every room of the home. This market is segmented by the room where the furniture is likely to be used and consists of the following: Living Room, Bedroom, Kitchen and Dining room, Bathroom, Outdoor, and Home Office. The Furniture market also includes Lamps and Lighting and Home Decor because the furnishings and accessories within these segments are not specific to any room.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as consumer spending and GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing is well suited for forecasting the Furniture market with a projected steady growth. The main drivers are furniture and furnishings, carpets and other floor coverings, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Global Comparison
  • Methodology
  • Key Market Indicators
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