Product Code: ETC009800 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Georgia Furniture market currently, in 2023, has witnessed an HHI of 2365, Which has increased slightly as compared to the HHI of 1504 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Georgia furniture market is expected to grow at a CAGR of 5.4% from 2020-2026, reaching a market size of USD 3.5 billion by 2026. The demand for furniture in the state is growing significantly due to increasing population, rising disposable income levels and rapid urbanization. Moreover, the market has witnessed an upsurge of online retail channels with more people opting for digital shopping platforms such as Amazon and eBay over traditional stores for convenience and better prices offered on products. Furthermore, increasing use of technology in manufacturing processes has resulted in improved quality control mechanisms which have contributed towards higher product sales in the region. Additionally, several manufacturers are also focusing on expanding their distribution network by setting up showrooms as well as partnering with retailers across the country to increase visibility and reach out to potential customers effectively thereby driving overall growth of this industry in Georgia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Georgia Furniture Market Overview |
3.1 Georgia Country Macro Economic Indicators |
3.2 Georgia Furniture Market Revenues & Volume, 2019 & 2026F |
3.3 Georgia Furniture Market - Industry Life Cycle |
3.4 Georgia Furniture Market - Porter's Five Forces |
3.5 Georgia Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F |
3.6 Georgia Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Georgia Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Georgia Furniture Market Trends |
6 Georgia Furniture Market, By Types |
6.1 Georgia Furniture Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Georgia Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F |
6.1.3 Georgia Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F |
6.1.4 Georgia Furniture Market Revenues & Volume, By Wood, 2016 - 2026F |
6.1.5 Georgia Furniture Market Revenues & Volume, By Metal, 2016 - 2026F |
6.1.6 Georgia Furniture Market Revenues & Volume, By Other, 2016 - 2026F |
6.2 Georgia Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Georgia Furniture Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Georgia Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F |
7 Georgia Furniture Market Import-Export Trade Statistics |
7.1 Georgia Furniture Market Export to Major Countries |
7.2 Georgia Furniture Market Imports from Major Countries |
8 Georgia Furniture Market Key Performance Indicators |
9 Georgia Furniture Market - Opportunity Assessment |
9.1 Georgia Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F |
9.2 Georgia Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Georgia Furniture Market - Competitive Landscape |
10.1 Georgia Furniture Market Revenue Share, By Companies, 2019 |
10.2 Georgia Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |