Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Wardrobe Market Share

Natural wood is increasingly being used due to its durability and eco-friendly nature

The natural wood segment is expected to hold a major share of the market as it is increasingly being preferred by consumers. Wooden wardrobes are available in multiple variants, giving the market segment increased flexibility in revenue. Wood is known for its strength and durability, making it an ideal material for wardrobes that are meant to last for years or even generations. High-quality wooden wardrobes can withstand the wear and tear of daily use, making them a cost-effective choice in the long term. As consumers become more environmentally conscious, the demand for sustainable and eco-friendly products has risen. Natural wood, especially when sourced from responsibly managed forests, is considered a sustainable choice due to its renewable nature

 

The metal segment is anticipated to witness sizeable growth in the wardrobe market in the forecast period. Metal wardrobes fit well with modern, minimalist, and industrial design trends that have gained popularity in recent years. The sleek lines and the ability to finish metal in various colours and textures allow it to complement contemporary interior designs seamlessly.

 

The manual wardrobe maintains its dominance in the market due to its cost-effective pricing

The manual segment holds the largest market share owing to the wide varieties available in the market and cost-effective maintenance and repair costs. In addition, local retailers of manual cabinets are easily accessible to users which results in increased revenue and propels the market growth. The simplicity of manual wardrobes contributes to their ease of use as there are no electronic components to malfunction, making them more reliable over the long term. This reliability is a crucial selling point for many consumers who prioritise durability and low maintenance.

 

Automated wardrobe is anticipated to gain robust growth in the closet market in the coming years. Automated wardrobes offer features like motorised hanging rails, automatic lighting, and touch-control doors, making them highly convenient and accessible. These features are particularly appealing to individuals with mobility issues, as they make it easier to access clothes and other stored items without physical strain.

 

Wardrobe Market Report Snapshots

Wardrobe Market Size

Wardrobe Market Growth

Wardrobe Market Trends

Wardrobe Market Share

Wardrobe Manufacturers

Wardrobe Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is expected to grow at a CAGR of 5.80% during the period 2024-2032.

The market is driven by the growing preference for natural wood cabinets and the rising industrialisation and urbanization.

The launch of innovative and automatic wardrobes and the increasing spending power of people around the world are expected to bring growth opportunities to the market.

The regional markets for the global wardrobe market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.

The material used for wardrobes in the market includes glass, metal, and natural wood, among other materials.

The categories available for wardrobes include manual and automated.

The different applications of wardrobe in the market can be categorised into household and commercial.

The major players in the market are Artemest s.r.l., Inter IKEA Systems B.V., The Stow Company, Grandeur Interiors Pvt. Ltd., and Godrej & Boyce Manufacturing Company Limited, among others.

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

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