RTA (Ready-to-assemble) Furniture Market 2019 Global Trend, Segmentation and Opportunities Forecast To 2025
RTA (Ready-to-assemble) Furniture Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025
Pune, India – September 9, 2019 /MarketersMedia/ —
Global RTA (Ready-to-assemble) Furniture Market Research Report 2019
Wiseguyreports.Com adds “Ready-to-assemble (RTA) furniture Market 2019 Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast to 2025” To Its Research Database.
Market Overview:
Ready-to-assemble (RTA) furniture is otherwise known as knock-down furniture or flat-pack furniture or kit furniture. These are sent to the end-users in an unassembled manner and the end-users assemble these for their use with the help of the included instruction manual. Flatpack furniture is montage friendly and also maintains the aesthetic value of the place where it is placed.
Ready-to-assemble (RTA) furniture is usually made up of particleboard or chipboard, medium density fiberboard (MDF), solid wood and plastic. This furniture is storage-friendly by nature and is even easy to transport from one place to another. It is quite cheap as well. RTA furniture can be used for the interior of a house, can be used as office furniture, bookcases, tables, beds, outdoor furniture, etc.
In the upcoming period, the global market for RTA furniture is going to witness enormous growth due to hassle-free transportation, simplicity, convenience in managing, and efficient packing. These will be the major driving factors for generating huge revenue in the global RTA market. However, lack of extraordinary designing, lack of durability, difficult assembling instructions, etc. might affect the growth.
Competitive Dashboard:
The major players in the global RTA furniture market are Sauder Woodworking, Dorel Industries, Bush Industries, Whalen Furniture, IKEA, Simplicity Sofas, Prepac, South Shore, Flexsteel and Homestar North America.
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Market Segmentation:
The global RTA furniture market has been segmented on the basis of the type of furniture, application, and sales channel.
On the basis of the type of furniture, the global RTA furniture market has been divided into Office RTA furniture and Residential RTA furniture.
Depending on the application, the global RTA furniture market has been segmented into Independent Specialist Retailers, Independent Furniture Chains, Convenience Stores, and Other Online Stores.
Direct Channel and Distribution Channel are the two segments into which the global RTA furniture market has been divided on the basis of sales channel.
Region Analysis:
The report is based on a region-specific analysis of North America, Europe, South America, Asia Pacific, and the Middle East and Africa. The growth in the global market for RTA furniture has been quite good in the regions of North America and Europe due to the liking among people for customizable designs and easy storage. Countries like USA, Canada, UK, France, Germany, etc. have played a strong role in the multiplication of revenues generated in the global RTA furniture market.
The global RTA furniture market is gradually growing in the Asia-Pacific and the Middle East region due to increased awareness among people regarding the aesthetic value RTA furniture adds to any interior where it is being used.
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Industry Update:
A major update in the global RTA furniture industry is the use of modern technology in enhancing the experience of the customers. The use of Bluetooth beacons and uDecore which are mobile applications and devices which help the customers in getting accurate furniture measurements or experience the customization of furniture through the technology of augmented reality has made a great impact on the revenue of the global RTA furniture market.
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