The global wardrobe market size was valued at USD 62.97 billion in 2023 and is projected to be worth USD 66.31 billion in 2024 and reach USD 108.00 billion by 2032, exhibiting a CAGR of 6.29% during the forecast period. A wardrobe is an important part of interior design because it brings a room to life and can be customized to suit the user's tastes. At the macro level, rapid urbanization and rising living standards drive product demand worldwide.

Fortune Business Insights provides this information in its report titled "Wardrobe Market, 2024-2032."

Information Source: https://www.fortunebusinessinsights.com/wardrobe-market-104634

Top Companies Covered in the Wardrobe Market:

Segmentation:

Strength and Resistance to Propel Demand for Wooden Cabinetry

On the basis of material, the market is divided into metal, glass, wood, and others. The biggest share was held by wood segment in 2022 due to the high demand for good-quality cabinetry with unique resistance and strength.

Various Benefits to Propel Demand for Manual Segment

According to the category, the market is fragmented into manual and automated. The largest share was held by manual segment in 2022 due to easy maintenance, easy availability, and affordable product cost.

Requirement of Cabinetry To Boost Demand In Residential Sector