Product Code: ETC009765 | 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 | |
The Thailand Furniture Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 4.29% in 2025, growth builds up to 15.86% by 2029.
The Furniture market in Thailand is projected to grow at a growing growth rate of 6.32% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Thailand furniture market size is expected to grow at a CAGR of 5.3% during the forecast period 2020-2026. The rising demand for contemporary home furniture and office modular systems has been driving the growth of the Thailand furniture industry in recent years. Furthermore, factors such as increasing urbanization, growing disposable income levels and changing lifestyle preferences are resulting in an increased demand for modern furniture products in both domestic and export markets. Moreover, with the development of e-commerce platforms, there has been a significant increase in online sales of bedroom sets & kitchen cabinets as well as chairs & tables among local consumers. Consequently, major international brands like IKEA and Ashley HomeStore have established their presence in Thailand to capitalize on this surging opportunity. In addition to that, government incentives such as tax benefits have also encouraged foreign investments into this sector which is providing new opportunities for manufacturers across different product categories including sofa sets & dining table sets along with recliners & armchairs etc., thereby aiding market growth over the forecast timeline..
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 Thailand Furniture Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Furniture Market Revenues & Volume, 2019 & 2026F |
3.3 Thailand Furniture Market - Industry Life Cycle |
3.4 Thailand Furniture Market - Porter's Five Forces |
3.5 Thailand Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F |
3.6 Thailand Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Thailand Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Furniture Market Trends |
6 Thailand Furniture Market, By Types |
6.1 Thailand Furniture Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Thailand Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F |
6.1.3 Thailand Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F |
6.1.4 Thailand Furniture Market Revenues & Volume, By Wood, 2016 - 2026F |
6.1.5 Thailand Furniture Market Revenues & Volume, By Metal, 2016 - 2026F |
6.1.6 Thailand Furniture Market Revenues & Volume, By Other, 2016 - 2026F |
6.2 Thailand Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Furniture Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Thailand Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F |
7 Thailand Furniture Market Import-Export Trade Statistics |
7.1 Thailand Furniture Market Export to Major Countries |
7.2 Thailand Furniture Market Imports from Major Countries |
8 Thailand Furniture Market Key Performance Indicators |
9 Thailand Furniture Market - Opportunity Assessment |
9.1 Thailand Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F |
9.2 Thailand Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Thailand Furniture Market - Competitive Landscape |
10.1 Thailand Furniture Market Revenue Share, By Companies, 2019 |
10.2 Thailand Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |