Assembly Tables Market: Overview
Assembly tables are the furniture which pre-manufactured but not assembled yet and it gets assembled by the consumers accordingly. After completion of the assembling process, the table can be used for various purposes like electronic and computer furniture, entertainment centre for television and desktop, dressers, desks, storage units, and cabinets. The tables are usually made of particleboard and plastic with coloured melamine or wood veneer to give the finish of the wood. The increasing popularity of high rise buildings, which obstructs big sized furniture is expected to help in growing the business of assembly tables shortly.
Assembly Tables Market: Dynamics
Shifting preference of the consumer towards folding and flexible furniture is driving the growth of the assembly tables market. The growing trend for easy handling furniture for small spaced apartment or buildings is creating opportunities for the growth of the market. The ready to assemble tables are better than ready to use tables because of its low cost and high functionality and these qualities are playing the role of catalyst for the assembly tables market to grow. This kit furniture occupies less space and comes up as a flat pack. Moreover, different e-commercial retailers give the make the tables featured with Scandinavian customized designs which provide the consumers with ultimate satisfaction. Besides, increasing trends to shift in the new places for job and business purposes, especially by the young population is accelerating the market. Large furniture manufacturers such as IKEA also expanded their design portfolio on RTA and are making available across the globe for consumers. However, the fragile nature of assembly tables will reduce its durability significantly which might hamper the growth of the market.
Assembly Tables Market: Covid-19 Impact
Like all other sectors, the assembly table market is also experiencing difficulties to show proper growth due to the pandemic situation created by coronavirus across the globe. The market is slightly declined as the supply chain management system is hampered because of imposed social distancing and lockdown system by different governments on a global level.
Assembly Tables Market: Segmentation
Assembly tables market is segmented based on material, end-use.
By material the assembly tables market is segmented as follows:
- Others (glass, leather etc.)
By end-use, the assembly tables market is segmented as follows
Assembly Tables Market: Regional Outlook
Europe is dominating the market of assembly tables due to the shifting preference of consumers for portable and flexible furniture in various countries like France, the U.K., and Germany is driving the market in this region. The trending living style of single or two-person households in some countries (such as China, Japan, Indonesia etc.) has pushed the consumers to invest in such kind of furniture which takes smaller living space and it is helping the Asia-Pacific region to grow. The Middle East and Latin America will show a moderate growth rate for the market and North America is expected to show a significant growth rate near future due to its increasing number of offices present in the region.
Assembly Tables Market: Key Manufacturers
- IKEA Systems B.V
- Ashley Home Stores
- Sauder Woodworking Company
- Home Reserve
- Bush Industries, Inc.
- Fabritec (EUROSTYLE)
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
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- Asia Pacific
- Latin America
- The Middle East and Africa
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1. What can be the best investment choices for venturing into new product and service lines?
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3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
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