Wednesday, 5 September 2018

Wardrobe Industry 2018-2023 Market Size, Analysis, Trends, Growth, Demand, Top Key Manufacturers and Forecast Research

Over the next five years Wardrobe will register a 6.3% CAGR in terms of revenue, reach US$ 77300 million by 2023, from US$ 53700 million in 2017.

The Research study Wardrobe Market Report covers a complete market structure across the world with the detailed analysis of major key factors. This report provides strategic recommendations consulted by the industrial experts including market forecasts, profit, supply, latest market trends, demands and much more

This report studies the Wardrobe market. A wardrobe is a standing closet used for storing clothes.
The earliest wardrobe was a chest, and it was not until some degree of luxury was attained in regal palaces and the castles of powerful nobles that separate accommodation was provided for the apparel of the great. The name of wardrobe was then given to a room in which the wall-space was filled with closets and lockers, the drawer being a comparatively modern invention. From these cupboards and lockers the modern wardrobe, with its hanging spaces, sliding shelves and drawers, evolved slowly.

Wardrobe industry is relatively fragmented, Wardrobe production enterprises are much less concentrated than in other industries and most of these are small and medium-sized. As a result of the low industry concentration, there are hardly any brands with strong influence in the market. However, after years of competition, a number of branded enterprises of a certain scale and possessing considerable strength have emerged.
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Today, Wardrobe furniture brands are no longer fighting for first-tier cities but are gradually shifting their focus to the furniture market in second- and third-tier cities. New construction and bedroom remodeling has also spurred the growth of home marts in second- and third-tier cities. Besides, the market for Wardrobe furniture marts and brands is almost saturated in first-tier cities. While the economic and consumption scale is smaller in second- and third-tier cities, the market offers more room for development. So tapping into the medium- and low-end market will become a key marketing strategy.

With the increasing in production capacity, expected that the Wardrobe raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Wardrobe.

Top Players Includes:
  • Stanley
  • IKEA
  • Sauder Woodworking
  • Dorel Industries
  • Molteni
  • Suofeiya
  • Oppein
  • Holike and ...
This report also splits the market by region:
  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia and More…
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Research objectives
  • To understand the structure of Wardrobe market by identifying its various subsegments.
  • Focuses on the key global Wardrobe manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Wardrobe with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Wardrobe submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market and More…
Segmentation by product type:
  • Finished Wardrobes
  • Customized Wardrobes
Segmentation by application:
  • Residential Use
  • Commercial Use
Table of Contents
Chapter 1: Scope of the Report
Chapter 2: Executive Summary
Chapter 3: Global Wardrobe by Players
Chapter 4: Wardrobe by Regions
Chapter 5: Americas
Chapter 6: APAC
Chapter 7: Europe and More…
Tables And Figures
  • Figure Picture of Wardrobe
  • Table Product Specifications of Wardrobe
  • Figure Wardrobe Report Years Considered
  • Figure Market Research Methodology
  • Figure Global Wardrobe Consumption Growth Rate 2013-2023 (M Sqm)
  • Figure Global Wardrobe Value Growth Rate 2013-2023 ($ Millions)
  • Table Wardrobe Consumption CAGR by Region 2013-2023 ($ Millions)
  • Figure Product Picture of Finished Wardrobes
  • Table Major Players of Finished Wardrobes and More….
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