What is the current market size and future outlook for the metal furniture market?
The metal furniture market size has grown strongly in recent years. It will grow from $152.52 billion in 2024 to $162.54 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to the evolution of manufacturing processes, post-industrial design trends, economic booms in urban development, advancements in metal treatment technologies, and the rise of commercial and institutional furniture needs.
The metal furniture market size is expected to see strong growth in the next few years. It will grow to $206.74 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to increasing urbanization, increasing construction and real estate activities, growing demand for durable and low-maintenance furnishings, rising popularity of smart homes, and rising popularity of office spaces. Major trends in the forecast period include technological advancements, rust-resistant coatings, hybrid materials, adoption of antimicrobial metal surfaces, and retro-style metal furniture.
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How has the metal furniture market evolved, and what factors have shaped its growth?
The increasing number of workplaces is expected to propel the growth of the metal furniture market. Demand for expanding companies and businesses refers to an organization’s efforts to develop or widen its range of operations and boost revenue. The organization’s growth will increase the demand for new workers to complement their expanded operations, which requires additional office space and furniture to accommodate the new employees. For instance, according to a study conducted on 500 UK-based small and medium-sized enterprises (SMEs) in November 2022 conducted by Airwallex, a UK-based fintech company, in 2023, 70% of businesses plan to expand into or even further expand into foreign markets. Out of the polled numbers, two-thirds (64%) will focus on Europe and North America, while one-third (34%) are ready to grow into the Middle East, Latin America, Africa, and Asia-Pacific. Therefore, the increasing number of workplaces will drive the growth of the metal furniture market.
What are the major segments of the metal furniture market?
The metal furnituremarket covered in this report is segmented –
1) By Type: Bed, Chair, Sofa, Table, Other Types
2) By Material: Steel Furniture, Aluminum Furniture, Wrought Iron Furniture
3) By Distribution Channel: E-Commerce, Supermarket And Hypermarket, Specialty Stores, Online Stores
4) By Application: Residential, Commercial
Subsegments:
1) By Bed: Metal Bed Frames, Bunk Beds, Canopy Beds, Folding Beds
2) By Chair: Metal Dining Chairs, Office Chairs, Outdoor Chairs, Accent Chairs
3) By Sofa: Metal Frame Sofas, Sectional Sofas, Sofa Beds
4) By Table: Metal Dining Tables, Coffee Tables, Console Tables, Side Tables
5) By Other Types: Metal Cabinets, Metal Desks, Metal Shelving Units, Metal Storage Solutions
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Which companies dominate the metal furniture market?
Major companies operating in the metal furniture market are Inter IKEA Systems B.V., Herman Miller Inc., Steelcase Inc., HNI Corporation, KOKUYO Co. Ltd., Teknion Corporation, Bernhardt Furniture Company, Nilkamal Limited, Allsteel Inc., HBF LLC, Vanguard Furniture Company Inc., Davis Furniture Industries Inc., Zinus Inc., Dorel Home Products Furniture, Hillsdale Furniture LLC, Martin Brattrud Inc., Nienkämper Furniture & Accessories Inc., Meco Corporation, Simpli Home Ltd., Godrej Interio, Hussey Seatway Ltd., Lorena Canals SL, Oliver Metal Furniture Co. Ltd., Zuari Furniture
How will evolving trends contribute to the growth of the metal furniture market?
Major companies operating in the metal furniture market are developing innovative products, such as fossil-free steel furniture, to reduce carbon emissions and environmental impact. Fossil-free steel furniture is made from steel produced using renewable energy sources and sustainable methods, eliminating reliance on fossil fuels in the manufacturing process. For instance, in June 2023, Vestre, a Norway-based furniture manufacturing company, and Emma Olbers Design, a Sweden-based design company, launched the Tellus bench, which is notable for being crafted from 100% fossil-free steel. This innovative material is produced by SSAB using a process that employs green hydrogen instead of coal, resulting in zero carbon emissions during production. The Tellus bench represents a significant milestone as it is the first piece of furniture made entirely from this sustainable steel. The use of fossil-free steel aligns with Vestre’s commitment to sustainability and aims to reduce its overall carbon footprint by approximately 60%. The bench features a timeless and inviting design for public spaces such as parks. It includes wide armrests for comfort and functionality.
What are the key regional dynamics of the metal furniture market, and which region leads in market share?
North America was the largest region in the metal furniture market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the metal furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Metal Furniture Market Report 2025 Offer?
The metal furniture market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Metal furniture refers to furniture made primarily from metals such as steel, aluminum, iron, or brass. This type of furniture is known for its durability, strength, and often sleek, modern appearance. Metal furniture can be finished in various ways, such as powder coating, painting, or polishing, to enhance its appearance and protect against corrosion. It is suitable for both indoor and outdoor settings in homes, offices, and public spaces.
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