The report offers detailed coverage of Wardrobe industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Wardrobe by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
The report forecast global Wardrobe market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Wardrobe market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Stanley
IKEA
Sauder Woodworking
Dorel Industries
Molteni
Suofeiya
Oppein
Holike
Shangpin Home
Topstrong
At the same time, we classify Wardrobe according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Finished Wardrobes
Customized Wardrobes
Market by Application
Residential Use
Commercial Use
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Wardrobe market for the forecast period 2021 - 2025?
• What are the driving forces in the Wardrobe market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Wardrobe industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?