The furniture industry utilizes logistics for the management of how resources are obtained, stored, and enthused. The utilization of logistics provides 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 until 2023. The arrival of various add-on services provided by logistics companies is anticipated to foster the growth of the furniture logistics market over the forecast period. Relocation of manufacturing facilities to areas where labor costs are comparatively lower is intensifying the demand for international and domestic logistics over the forecast period.
At present, the Europe region captures the highest share in revenue from the furniture logistics market and is expected to dominate over the forecast period. Europe captured more than 30% of the total revenue share in the global furniture logistics market in 2015. The rising popularity of furniture logistics in India and China is expected to strengthen the growth of the 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.
The global furniture logistics market is segmented on the following basis:
By mode of transportation
Warehousing and Distribution
Transportation
Others
By Geography
North America
U.S.
Canada
Europe
Germany
France
Italy
U.K.
Russia
Rest of Europe
Asia-Pacific
India
China
Japan
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC Countries
South Africa
Rest of Middle East and Africa
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, and others
This report offers the following:
An overview of the global furniture logistics market
Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
A general overview of the industry structure
Company profiles highlighting key information about the major players operating in the global furniture logistics market
This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the Furniture Logistics Market.
Frequently Asked Questions:
The market for Furniture Logistics Market is expected to reach XX Bn in
The Furniture Logistics Market is expected to see significant CAGR growth over the coming years,at XX%.
