City of Industry, CA -- (SBWire) -- 09/20/2018 --This study researches the market size of Wardrobe, presents the global Wardrobe sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Wardrobe in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Wardrobe for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. This report studies the Wardrobe market. A wardrobe is a standing closet used for storing clothes. The earliest wardrobe was a chest, and it was not until some degree of luxury was attained in regal palaces and the castles of powerful nobles that separate accommodation was provided for the apparel of the great. The name of wardrobe was then given to a room in which the wall-space was filled with closets and lockers, the drawer being a comparatively modern invention. From these cupboards and lockers the modern wardrobe, with its hanging spaces, sliding shelves and drawers, evolved slowly.
Wardrobe industry is relatively fragmented, Wardrobe production enterprises are much less concentrated than in other industries and most of these are small and medium-sized. As a result of the low industry concentration, there are hardly any brands with strong influence in the market. However, after years of competition, a number of branded enterprises of a certain scale and possessing considerable strength have emerged. Today, Wardrobe furniture brands are no longer fighting for first-tier cities but are gradually shifting their focus to the furniture market in second- and third-tier cities. New construction and bedroom remodeling has also spurred the growth of home marts in second- and third-tier cities. Besides, the market for Wardrobe furniture marts and brands is almost saturated in first-tier cities. While the economic and consumption scale is smaller in second- and third-tier cities, the market offers more room for development. So tapping into the medium- and low-end market will become a key marketing strategy.
With the increasing in production capacity, expected that the Wardrobe raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Wardrobe. In 2018, the global Wardrobe market size was 53700 million US$ and is forecast to 87800 million US in 2025, growing at a CAGR of 6.4% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Wardrobe.
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This report includes the following manufacturers; we can also add the other companies as you want.
Stanley
IKEA
Sauder Woodworking
Dorel Industries
Molteni
Suofeiya
Oppein
Holike
Shangpin Home
Topstrong
Market Segment by Product Type
Finished Wardrobes
Customized Wardrobes
Market Segment by Application
Residential Use
Commercial Use
Market size split by Region
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Wardrobe Market Is Supposed to Grow at a CAGR of 6.4% from 2018 - QY Research
QY Research has published the new industry research of the “Global Wardrobe Market” The report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.