The global dining table Industry size was valued at USD 7.81 billion in 2023 and is expected to reach the valuation of USD 8.22 billion in 2024. The Industry is expected to reach USD 13.71 billion by 2032 with a CAGR of 6.6% during the forecast period. Nowadays, the households have been preferring customizable minimalistic designs for their home spaces. Manufacturers have been offering furniture which has been made of sustainable materials such as recycled wood & plastic, oak, teak, rosewood, etc. Rising need for furniture in the infrastructural facilities is set to drive the product demand. Fortune Business Insights™ shares this information in its report titled “Dining Table Industry, 2024-2032.”
Top Key Companies Covered in the Dining Table Industry:
Information Source: https://www.fortunebusinessinsights.com/dining-table-market-106138
Segmentation
Backed By Demand for Natural Furniture Items, Wood Is Set To Lead The Segment
On the basis of material, the Industry is segmented into wood, metal, plastic, and others. Wood segment is set to dominate due to demand for furniture items with natural wooden colors and gray, white, or brown color tones.
Backed By Easy Accessibility, Rectangular Segement Is Set To Lead The Industry
By table shape, the Industry is divided into oval, rectangular, round, and square. The rectangular shaped tables are set to hold a dominant share due to easy accessibility to rectangular tables.
Owing To Increasing Focus On Interior Designing, Residential Segement Is Set To Lead The Industry
According to the end-user, the Industry is segmented into residential and commercial. Residential segment holds a major Industry share due to increasing focus on interior designing and kitchen room decoration among households.