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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Wardrobe Market Analysis by Region
The demand for wardrobes in the Asia Pacific region is experiencing significant growth. Urbanisation is a major driver of wardrobe demand in the Asia Pacific. As more people move to cities in search of employment and better living conditions, the need for space-efficient and functional furniture, including wardrobes, increases. Urban households, often characterised by smaller living spaces, require smart storage solutions that maximise space utilisation, leading to a higher demand for innovative wardrobe designs. The construction and real estate sectors in many Asia Pacific countries are booming, leading to an increase in residential projects. New housing developments and the renovation of existing homes are direct contributors to the growing demand for home furnishings, including wardrobes.
The wardrobe market in North America is anticipated to gain robust growth in the coming years. North American consumers increasingly seek customisable options that can be tailored to their specific needs and preferences which include wardrobes with adjustable shelving, built-in organisers, and options that fit unique spaces or match the interior decor.
Wardrobe Market Report Snapshots
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 2025-2034.
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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