RTA Furniture Market in the US to Record a CAGR of 2.69% | Rapid Growth in Urbanization to boost market growth | Technavio


NEW YORK, April 22, 2022 /PRNewswire/ — The RTA Furniture Market Share in the US is expected to grow by USD 2.56 billion from 2021 to 2026, at a CAGR of 2.69% during the forecast period, according to Technavio. The report offers an up-to-date analysis to know the exact growth variance and the Y-O-Y growth rate Request our latest sample report.

One of the major factors driving the RTA furniture market in the United States is the increasing rise of urbanization. Another trend in the United States that is driving market expansion is a focus on sustainable operations and products. However, raw material price volatility is one of the reasons limiting the growth of the RTA furniture market in the United States.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

RTA Furniture Market in the US 2022-2026: Segmentation

  • Product
  • Distribution Channel

The home segment’s RTA furniture market share will expand significantly in the United States. In the home, RTA furniture can be found in living rooms, bedrooms, and other spaces. Aside from essential furniture, this type of furniture also includes decorative items. In addition, new styles and designs that take up the least amount of space while providing optimum comfort are in high demand.

Due to the creation of numerous startups, the country is also seeing a surge in the number of home offices. As a result, these factors are contributing to an increase in the use of RTA furniture in the house. 

Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses., download sample: https://www.technavio.com/talk-to-us?report=IRTNTR70422

RTA Furniture Market in the US 2022-2026: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our RTA furniture market in the US report covers the following areas:

This study identifies the focus on sustainable operations and offerings as one of the prime reasons driving the RTA furniture market in the US growth during the next few years.

RTA Furniture Market in the US 2022-2026: Vendor Analysis

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

  • Ashcomm LLC
  • AWA Cabinets and Countertops
  • BESTAR Inc.
  • Dorel Industries Inc.
  • Euro Style Inc.
  • Flexa4Dreams AS
  • Home Reserve LLC
  • Inter IKEA Holding BV
  • Nitori Holdings Co. Ltd.
  • Nova LifeStyle Inc.
  • Sauder Woodworking Co.
  • Simplicity Sofas Inc.
  • South Shore Industries Ltd.
  • Tvilum AS
  • Walmart Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our Sample Report. 

RTA Furniture Market in the US 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist the RTA furniture market in the US growth during the next five years
  • Estimation of the RTA furniture market in the US size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the RTA furniture market in the us
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the RTA furniture market in the US vendors

Do reach out to our analysts for more customized reports as per your requirementsSpeak to our Analyst now!

Related Reports:

Hybrid Mattress Market by Distribution Channel and Geography – Forecast and Analysis 2022-2026

Contract Furniture and Furnishing Market in Europe by End-user and Geography – Forecast and Analysis 2022-2026

RTA Furniture Market Scope in the US

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.69%

Market growth 2022-2026

$ 2.56 billion

Market structure

Fragmented

YoY growth (%)

1.85

Regional analysis

US

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Ashcomm LLC, AWA Cabinets and Countertops, BESTAR Inc., Dorel Industries Inc., Euro Style Inc., Flexa4Dreams AS, Home Reserve LLC, Inter IKEA Holding BV, Nitori Holdings Co. Ltd., Nova LifeStyle Inc., Sauder Woodworking Co., Simplicity Sofas Inc., South Shore Industries Ltd., Tvilum AS, and Walmart Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 07: Parent market
    • Exhibit 08: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 09: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 10: Market segments
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 11: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 12: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
    • Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 15: Five forces analysis – Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 21: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 22: Chart on Product – Market share 2021-2026 (%)
    • Exhibit 23: Data Table on Product – Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 24: Chart on Comparison by Product
    • Exhibit 25: Data Table on Comparison by Product
  • 5.3 Home – Market size and forecast 2021-2026
    • Exhibit 26: Chart on Home – Market size and forecast 2021-2026 ($ million)
    • Exhibit 27: Data Table on Home – Market size and forecast 2021-2026 ($ million)
    • Exhibit 28: Chart on Home – Year-over-year growth 2021-2026 (%)
    • Exhibit 29: Data Table on Home – Year-over-year growth 2021-2026 (%)
  • 5.4 Office – Market size and forecast 2021-2026
    • Exhibit 30: Chart on Office – Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Data Table on Office – Market size and forecast 2021-2026 ($ million)
    • Exhibit 32: Chart on Office – Year-over-year growth 2021-2026 (%)
    • Exhibit 33: Data Table on Office – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Product
    • Exhibit 34: Market opportunity by Product ($ million)

6 Market Segmentation by Distribution Channel

  • 6.1 Market segments
    • Exhibit 35: Chart on Distribution Channel – Market share 2021-2026 (%)
    • Exhibit 36: Data Table on Distribution Channel – Market share 2021-2026 (%)
  • 6.2 Comparison by Distribution Channel
    • Exhibit 37: Chart on Comparison by Distribution Channel
    • Exhibit 38: Data Table on Comparison by Distribution Channel
  • 6.3 Offline – Market size and forecast 2021-2026
    • Exhibit 39: Chart on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 40: Data Table on Offline – Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Chart on Offline – Year-over-year growth 2021-2026 (%)
    • Exhibit 42: Data Table on Offline – Year-over-year growth 2021-2026 (%)
  • 6.4 Online – Market size and forecast 2021-2026
    • Exhibit 43: Chart on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Data Table on Online – Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Chart on Online – Year-over-year growth 2021-2026 (%)
    • Exhibit 46: Data Table on Online – Year-over-year growth 2021-2026 (%)
  • 6.5 Market opportunity by Distribution Channel
    • Exhibit 47: Market opportunity by Distribution Channel ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview
    • Exhibit 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

  • 8.3 Impact of drivers and challenges
    • Exhibit 49: Impact of drivers and challenges in 2021 and 2026

9 Vendor Landscape

  • 9.2 Vendor landscape
    • Exhibit 50: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 51: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 52: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 53: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 54: Matrix on vendor position and classification
  • 10.3 Ashcomm LLC
    • Exhibit 55: Ashcomm LLC – Overview
    • Exhibit 56: Ashcomm LLC – Product / Service
    • Exhibit 57: Ashcomm LLC – Key offerings
  • 10.4 BESTAR Inc.
    • Exhibit 58: BESTAR Inc. – Overview
    • Exhibit 59: BESTAR Inc. – Product / Service
    • Exhibit 60: BESTAR Inc. – Key offerings
  • 10.5 Dorel Industries Inc.
    • Exhibit 61: Dorel Industries Inc. – Overview
    • Exhibit 62: Dorel Industries Inc. – Business segments
    • Exhibit 63: Dorel Industries Inc. – Key offerings
    • Exhibit 64: Dorel Industries Inc. – Segment focus
  • 10.6 Euro Style Inc.
    • Exhibit 65: Euro Style Inc. – Overview
    • Exhibit 66: Euro Style Inc. – Product / Service
    • Exhibit 67: Euro Style Inc. – Key offerings
  • 10.7 Flexa4Dreams AS
    • Exhibit 68: Flexa4Dreams AS – Overview
    • Exhibit 69: Flexa4Dreams AS – Product / Service
    • Exhibit 70: Flexa4Dreams AS – Key offerings
  • 10.8 Inter IKEA Holding BV
    • Exhibit 71: Inter IKEA Holding BV – Overview
    • Exhibit 72: Inter IKEA Holding BV – Product / Service
    • Exhibit 73: Inter IKEA Holding BV – Key offerings
  • 10.9 Nova LifeStyle Inc.
    • Exhibit 74: Nova LifeStyle Inc. – Overview
    • Exhibit 75: Nova LifeStyle Inc. – Product / Service
    • Exhibit 76: Nova LifeStyle Inc. – Key offerings
  • 10.10 Sauder Woodworking Co.
    • Exhibit 77: Sauder Woodworking Co. – Overview
    • Exhibit 78: Sauder Woodworking Co. – Product / Service
    • Exhibit 79: Sauder Woodworking Co. – Key offerings
  • 10.11 Tvilum AS
    • Exhibit 80: Tvilum AS – Overview
    • Exhibit 81: Tvilum AS – Product / Service
    • Exhibit 82: Tvilum AS – Key offerings
  • 10.12 Walmart Inc.
    • Exhibit 83: Walmart Inc. – Overview
    • Exhibit 84: Walmart Inc. – Business segments
    • Exhibit 85: Walmart Inc. – Key news
    • Exhibit 86: Walmart Inc. – Key offerings
    • Exhibit 87: Walmart Inc. – Segment focus

11 Appendix

  • 11.2 Inclusions and exclusions checklist
    • Exhibit 88: Inclusions checklist
    • Exhibit 89: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 90: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 91: Research methodology
    • Exhibit 92: Validation techniques employed for market sizing
    • Exhibit 93: Information sources
  • 11.5 List of abbreviations
    • Exhibit 94: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: [email protected]
Website: www.technavio.com/

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