30 October 2020
The Business Research Company’s latest report Household Furniture And Kitchen Cabinet Global Market Report 2020 covers Household Furniture And Kitchen Cabinet market drivers, Household Furniture And Kitchen Cabinet market trends, Household Furniture And Kitchen Cabinet market segments, Household Furniture And Kitchen Cabinet market growth rate, Household Furniture And Kitchen Cabinet market major players, and Household Furniture And Kitchen Cabinet market size. The report provides in-depth analysis of the impact of COVID-19 on the Household Furniture And Kitchen Cabinet industry, along with revised market numbers due to the effects of the coronavirus.Disable Third Party Ads
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Household Furniture And Kitchen Cabinet Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global household furniture and kitchen cabinet market is expected to decline from $379.7 billion in 2019 to $363.5 billion in 2020 at a compound annual growth rate (CAGR) of -4.3%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $429.6 billion in 2023.
The report covers the Household Furniture And Kitchen Cabinet market’s segments-
1) By Type: Household Furniture, Kitchen Cabinet
2) By Type of Material: Metal, Wood, Others
3) By Distribution Channel: Online, Offline.
Subsegments covered: Wooden Household Furniture, Metal Household Furniture, Plastic Household Furniture, Other Household Furniture, Tall Cabinet, Sink Cabinets, Shelving Cabinets.
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