The furniture industry utilizes logistics for the management of way resources are obtained, stored and enthused. The utilization of logistics provide the furniture industry with a consistent and regular supply of different furniture from dealers/distributors and suppliers in varied locations. 

The global furniture logistics market is growing at a rapid pace and is likely to achieve significant growth over the next seven years till 2023. The arrival of various add on services provided by logistic companies is anticipated to foster the growth of furniture logistics market over the forecast period. Relocation of manufacturing facilities to the areas where labor costs are comparatively lower is intensifying the demand for international and domestic logistics over the forecast period.

At present, Europe region captured the highest share in revenue of furniture logistics market and is expected to dominate over the forecast period. The Europe captured more than 30% revenue share in the total furniture logistics market in 2015. Rising popularity about furniture logistics in India and China is expected to strengthen the growth of Asia Pacific furniture logistics market over the forecast period.  

The global furniture logistics market is mainly concentrated in Europe. Major players are adopting different market strategies to enter and enhance their market position and distribution network.    

Key Players Identified Across the Value Chain in the Furniture Logistics Market include but are not limited to:

DHL Logistics, DB Schenker, C.H. Robinson, Kuehen+Nagel Logistics, GATI Logistics, CEVA Logistics, Expeditors International, Schneider Logistics, Expeditors International, C.H. Robinson, Agility Logistics, Allcargo Logistics, Damco International A/S, Imperial Logistics, Hub Group, Kerry Logistics, Logwin, Nippon Express, Panalpina, Ryder, Sinotrans, Wincanton, J.B. Hunt. and others.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Furniture Logistics market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Furniture Logistics market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Furniture Logistics market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Furniture Logistics market?
• Which is the largest regional market for Furniture Logistics market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Furniture Logistics market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Furniture Logistics market worldwide?