OFF-THE-SHELF SECOND HAND FURNITURE MARKET - GROWTH, TRENDS, AND FORECAST (2019-2024)

The Market is Segmented By Type (Kitchen Furniture, Dining Furniture, Living Room Furniture, Bathroom Furniture, Indoor Furniture, and Outdoor Furniture), By Application (Residential, and Commercial), By Distribution Channel (Online, and Offline), by Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa)

Market Snapshot

Picture1
Study Period:

2015-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

CAGR:

6%

Key Players:

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The market is growing rapidly due to the rising availability of second-hand furniture products across both online and offline channels. Consumers are adopting various furniture designs which are able to meet their needs.

  • The adoption of second-hand furniture is getting influenced by the availability of products at an attractive price range which is expected to affect the significant demand for the second-hand furniture in upcoming years.
  • On average, second-hand furniture is more than 50% cheaper which allows the consumers access to the products at comparatively less cost. Low cost being the primary factor is estimated to expand the market.
  • Rising millennial population across the countries such as India and China has been paving the way for rising sales through the online channels. This will positively impact the supply of second-hand furniture through online channels.
  • The growth of the market is owing to the cost saving benefits of the second-hand furniture and the increasing desire of consumers to save money across the globe.

Scope of the Report

A complete background analysis of the Off-the-Shelf Second Hand Furniture Market, which includes an assessment of the parental market, emerging trends by segments and regional markets, Significant changes in market dynamics and market overview is covered in the report. The report also features the qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

By Type
Kitchen Furniture
Dining Furniture
Living Room Furniture
Bathroom Furniture
Indoor Furniture
Outdoor Furniture
By Application
Residential
Commercial
By Distribution Channel
Online
Offline
Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Offline Distribution Channel is Dominating the Market

The Off-the-Shelf Second Hand Furniture Market is segmented into the distribution channel which is further segmented into online and offline, out of which, the offline segment with a larger market share in 2017 is anticipated to have the largest share during the forecast period. However, on the rise of an increasing number of smartphone users and increasing penetration of the internet users, the market share for the online segment is expected to grow at a higher rate over the forecast period.

Picture5

To understand key trends, Download Sample Report

Asia-Pacific is Expected to Witness the Highest Growth

The Off-the-Shelf Second Hand Furniture Market is segmented by regions into North America, South America, Europe, Asia-Pacific and the Middle East and Africa. The Asia Pacific is expected to account for a larger share in terms of revenue during the forecast period. The increasing size of the online marketplace for second-hand goods is anticipated to drive the growth of the Asia Pacific regional market. Additionally, ease of accessibility, availability of a large variant of products coupled with comparatively low cost of second-hand furniture is anticipated to drive the growth market in the region during the forecast period. Countries such as China, Japan, and India have the most prominent market in the region.

Picture3

To understand geography trends, Download Sample Report

Competitive Landscape

The report covers major international players operating in the Off-the-Shelf Second Hand Furniture Market. The India mattresses market is domestically dominated by players such as IKEA, Beveraly Hills Chairs, Steelcase, London Aerons, and others. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Major Players

  1. Ikea
  2. Beverly Hills Chairs
  3. Steelcase
  4. London Aerons
  5. Rework Chicago

* Complete list of players covered available in the table of contents below

Picture2

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Key Deliverables of the Study

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Drivers

    3. 4.3 Restraints

    4. 4.4 Trends Shaping the Off-the-Shelf Second Hand Furniture Market

    5. 4.5 Porter's Five Forces Analysis

    6. 4.6 Industry Value Chain Analysis

    7. 4.7 Technological Innovations

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Kitchen Furniture

      2. 5.1.2 Dining Furniture

      3. 5.1.3 Living Room Furniture

      4. 5.1.4 Bathroom Furniture

      5. 5.1.5 Indoor Furniture

      6. 5.1.6 Outdoor Furniture

    2. 5.2 By Application

      1. 5.2.1 Residential

      2. 5.2.2 Commercial

    3. 5.3 By Distribution Channel

      1. 5.3.1 Online

      2. 5.3.2 Offline

    4. 5.4 Geography

      1. 5.4.1 North America

      2. 5.4.2 Europe

      3. 5.4.3 Asia-Pacific

      4. 5.4.4 South America

      5. 5.4.5 Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 IKEA

      2. 6.1.2 Beveraly Hills Chairs

      3. 6.1.3 Steelcase

      4. 6.1.4 London Aerons

      5. 6.1.5 Rework Chicago

      6. 6.1.6 eBay Inc.

      7. 6.1.7 Craiglist

      8. 6.1.8 Etsy

      9. 6.1.9 Amazon

      10. 6.1.10 Yelp*

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. APPENDIX

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please Enter a Valid Message!


Complete your payment details below

Shipping & Billing Information

Payment Information