Global Metal Furniture Market- Market Overview:

The global metal furniture market is expected to grow from USD 145.6 billion in 2022 to USD 203.9 billion by 2030, at a CAGR of 4.3% during the Projection period 2023-2030. The growth of this market is mainly driven owing to the rising demand in the residential and commercial sectors.

Furniture made from metals is called metal furniture. There are many types of metals that can be utilized to make metal furniture, including stainless steel, aluminum, and carbon steel. Steel and Iron are widely employed in a variety of applications, including office furniture and outdoor settings. Furniture has been made from metal materials since ancient times. Metals, which were previously used primarily as joining parts, accessories, and carriers, are now used to create complete furniture sets. Historically, bronze, gold, and iron were commonly used metals in furniture production; currently, aluminium is the most commonly used metal. Those metals are processed in a similar manner to those used in the past. In addition to its multi-functional value, metal furniture also offers aesthetic value to consumers, which is helping to drive its current growth rate. Make sure you learn about the growth drivers for this kind of furniture to determine whether there is a future demand for it if you are considering investing in it. Due to its unique designs, metal furniture has been popular for decades. This furniture is highly durable and can last for years. In some facilities, metal furniture can show scratches as well as ink marks; therefore, people usually choose laminate tops on metal case goods for dent- and scratch-resistant surfaces. Because metal finishes can be easily repaired, these furnishings look pristine even when heavily used because spot repairs can be done easily.

Sample Request: - Global Metal Furniture Market

Market Dynamics:

Drivers:                          

• Rising demand for premium furniture

Metal furniture will see a significant increase in demand as the demand for premium furniture paired with sustainable features increases. Metal furniture is made from salvaged wood pallets, wood, which makes it eco-friendly and recyclable. The aesthetic appeal, durability and comfort of metal furniture will likely contribute significantly to the growth of the global metal furniture market.

Restraints:                                             

• Presence of alternatives in the market

It will be difficult for the market players to compete effectively against wood, glass furniture, etc., in a fragmented global metal furniture market. The input costs associated with aggressive advertising to promote brands and to spread awareness about its sustainable features increase the retail price and make the product more expensive for the average middle-class individual. Consumer demand is largely driven by middle-class people, and expensive furniture can alienate them, resulting in revenue losses.

Opportunities:

• Easy to clean and protected from bug damage

Metal furniture is better than wood furniture as it doesn't get damaged by bugs, it is easy to clean and there are some places where bugs can hide, but this furniture is still better than wood furniture. It is easy to treat metal furnishings and clean them with pesticides, but there is no evidence that they are less attractive than wood furnishings.

Challenges:

• Heavy-weight furniture

Due to its heavy nature, the metal furniture market growth will be hindered. Metals are heavy by nature, making them difficult to carry & move around. Consumer inhibitions regarding moving metal furniture will hamper the growth of metal furniture. When metal furniture is used for outdoor furniture during the summer, it gets extremely hot, which renders them useless for use.

Segmentation Analysis:

The global metal furniture market has been segmented based on type, application, distribution channel, and region.

By Type

The type segment includes sofa, bed, chair, table and others. The table segment led the largest share of the metal furniture market with a market share of around 31% in 2022. Over the Projection period, the table segment is expected to grow at the fastest rate. This is mainly due to the growing number of workplaces and business organizations that require tables. Moreover, the growing number of restaurants around the world that need tables as an essential product is likely to drive the growth of this segment. In addition, the demand for metal furniture such as tables will boost the growth of the market.

By Application

The application segment includes commercial and residential. The commercial segment led the largest share of the solar photovoltaic glass market with a market share of around 65.8% in 2022. As of 2021, the commercial segment dominated the market, which consisted of schools, hospitals, offices & schools. Government expenditures on education, healthcare, infrastructure, etc., contribute to the growth of the metal furniture market. Construction of office & commercial spaces are also expected to drive the growth of the segment.

By Distribution Channel

The distribution channel segment includes e-commerce, supermarkets & hypermarkets, specailty stores, and others. The specialty store segment led the largest share of the metal furniture market with a market share of around 34% in 2022. The specialty store segment in the global metal furniture market accounted for the highest revenue share based on distribution channels. Specialty stores include showrooms and retail stores where consumers can receive specialized services. Additionally, specialty stores carry a limited number of the top models, thereby helping customers to choose the best product to suit their needs.

Global Metal Furniture Market- Sales Analysis.

The sale of metal furniture expanded at a CAGR of 4% from 2016 to 2022.

Due to lifestyle changes and busy daily schedules, low-maintenance but sophisticated products are being demanded more than ever. It is very easy to clean metal furniture, it can tolerate chemicals, it is resistant to termites and bed bugs, and it is extremely durable, which extends its life cycle. The market for metal furniture is growing because it is low maintenance and an excellent long-term investment.

In addition to its durability and resilience to the elements, metal furniture is also environmentally friendly, which is another reason many people are attracted to it. It is becoming increasingly aware that the furniture industry is environmentally conscious, and this has led to the development of metal furniture, which has sustained demand along with other eco-friendly materials like wood and recycled plastics.

Technological advancements in metal furniture by major key players are creating more growth opportunities for the market as well as propelling the sales of the market.

Thus, owing to the aforementioned factors, the global metal furniture market is expected to grow at a CAGR of 4.3% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the metal furniture market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region dominated the metal furniture market and held a 39% share of the market revenue in 2022.

• The Asia Pacific region witnessed a major share. In the Asia Pacific, metal furniture is expected to remain the largest market during the Projection period. In the Asia Pacific, metal furniture has been growing rapidly, and China dominates the market. Asia Pacific's real estate market has been growing rapidly as a result of the growing population's housing needs. A rise in commercial construction and the construction of office spaces and other recreational facilities have also boosted the commercial real estate sector.
• North America is anticipated to experience significant growth during the predicted period. There will be the fastest growth in North America over the Projection period, due to factors including an increase in living standards and a growing demand for personalized furniture. The presence of leading players in this region would create more growth opportunities for the regional market of metal furniture.

Global Metal Furniture Market - Country Analysis:

• Germany

Germany's metal furniture market size was valued at USD 10.9 billion in 2022 and is expected to reach USD 15.38 billion by 2030, at a CAGR of 4.4% from 2023 to 2030.

With the proliferation of nuclear families, there is an increase in demand for metal furniture as nuclear families spend a lot of money furnishing their homes and are likely to heavily use metal furniture. As a result, the country's metal furniture market is expected to grow even faster, and the strong tourism sector of the region is attracting many companies to enter the market.

• China

China’s metal furniture market size was valued at USD 14.7 billion in 2022 and is expected to reach USD 21.22 billion by 2030, at a CAGR of 4.7% from 2023 to 2030.

Increasing housing prices have led to stronger incentives for purchases of metal furniture as a result of the development of high-class homes. This, along with stronger performances in the interior furnishing market for villas in China, indicates that consumers are currently able to afford to spend more.

• India

India's metal furniture market size was valued at USD 11.34 billion in 2022 and is expected to reach USD 16.25 billion by 2030, at a CAGR of 4.6% from 2023 to 2030.

The commercial real estate sector is booming with the rise in the construction of office spaces and other recreational amenities. Consequently, with the rising real estate sector, a booming metal furniture market will follow. Metal furniture finds application in housing complexes, offices, and other commercial spaces due to its durability, comfort, etc.

Key Industry Players Analysis:  

To increase their market position in the global metal furniture market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.

• Zinus
• Cymax Group Inc.
• Simpli Home
• Meco Corporation
• DHP Furniture
• Chyuan Chern Furniture Co. Ltd.
• Godrej Furniture
• Hillsdale Furniture
• Steelcase Inc.

Latest Development:

• In February 2022, The creative and opulent Libelle range of lounge chair alternatives was introduced by Teknion Corporation. Libelle offers a variety of seating alternatives, including a pouffe, a low-back lounge chair, and a high-back privacy lounge chair.
• In October 2022, The Broadband Quad Chair, which can be folded and transported easily thanks to a bag, was one among the outdoor products that The Coleman Company and Vera Bradley Inc. jointly launched.

Report Metrics

Report Attribute	Details
Study Period	2022-2030
Base year	2022
CAGR (%)	4.3%
Market Size	145.6 billion in 2022
Projection period	2023-2030
Projection unit	Value (USD)
Segments covered	By Type, By Application, By Distribution Channel, and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	Zinus, Cymax Group Inc., Simpli Home, Meco Corporation, DHP Furniture, Chyuan Chern Furniture Co. Ltd., Godrej Furniture, Hillsdale Furniture, and Steelcase Inc.
By Type	Sofa Bed Chair Table Others
By Application	Commercial Residential
By Distribution Channel	E-commerce Supermarkets & Hypermarkets Specailty Stores Others
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Metal Furniture Market by Type:

• Sofa
• Bed
• Chair
• Table
• Others

Global Metal Furniture Market by Application:

• Commercial
• Residential

Global Metal Furniture Market by Distribution Channel:

• E-commerce
• Supermarkets & Hypermarkets
• Specialty Stores
• Others

Global Metal Furniture Market by Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- Political stability is important for business organisations because it influences investor and customer trust, which has a big impact on the economy. Political turmoil has a negative impact on consumer spending, business investment, and economic growth. Internal and external conflicts are currently producing considerable political instability in the region where the metal manufacturing sector is active. The firm may be able to accomplish its expansion objectives only if management understands and manages the current political instability, and they may be hesitant to spend extra dollars.

Economic Factors- Economic issues and consumption trends are inextricably linked. The metal furniture market has exciting growth potential when customers have more discretionary cash and are willing to spend more on goods and services to improve their lifestyles. This is because new items and services may be introduced to these clients with simplicity, as well as the higher probability of revenue growth. The metal furniture market must thoroughly assess the consumption/spending patterns and tastes of today's choosy consumers in order to alter its marketing mix strategies. Metal furniture product markets must also determine whether hedonistic or utilitarian incentives drive consumer behaviour.

Social Factors- The workforce's abilities and skills have a significant impact on how successfully the metal furniture sector performs. To remain competitive, the metal furniture sector need talented personnel to be readily available when needed. The metal furniture market should examine trends in labour demand and supply to determine how personnel with the appropriate skill set can be successfully employed. Strong labour unions and a tight labour market can pose a slew of issues for the metal furniture business. It may, for example, coerce a metal manufacturing market to approve an unfair pay hike or halt output by calling a strike.

Technological Factors-The rate and advancement of technological innovation may have an impact on the market and industry as a whole. The metal furniture market will be able to comprehend the rate of new product creation, the length of the product life cycle, and the distinguishing qualities that consumers demand by studying the upcoming technological innovation trends. The metal furniture market can determine whether migrating to e-commerce will be more advantageous than opening a physical location by analysing consumer attitudes about cutting-edge, new digital technologies. If competitors employ automation technology to cut costs, the metal furniture market may be compelled to transition from manual to automated methods, especially if the general population is technologically aware.

Environmental Factors- Businesses are under pressure to lessen their environmental impact due to rigorous environmental legislation in many different countries. To avoid harsh, reputation-damaging criticism from relevant stakeholders, the metal furniture market should practise ethical manufacturing, encourage ethical consumption among its target market, work to improve its brand's sustainability reputation, and ensure that all local and international environmental laws are followed. The weather must also be considered because it has a significant impact on operating expenses, personnel productivity, and efficiency.

Legal Factors- Employment law encompasses a wide range of regulations that protect workers' rights, including the right to a living wage, equality, equity, inclusion, fairness, and bodily and mental safety. Employment laws are not properly enforced in certain nations, while in others, violating any of the specified employee rights is punishable by substantial fines. The metal furniture market should ensure the security of the working environment while entering or operating in such nations. Direct and indirect discrimination must be avoided, hence the proper procedures must be in place. Adherence to employment rules can assist metal furniture markets build their employer brand reputation, which is critical for attracting and maintaining top people.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis By Type
     • 3.2. Market Attractiveness Analysis By Application
     • 3.3. Market Attractiveness Analysis By Distribution Channel
     • 3.4. Market Attractiveness Analysis By Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Rising demand for premium furniture
   • 3. Restraints
     • 3.1. Presence of alternatives in the market
   • 4. Opportunities
     • 4.1. Easy to clean and protected from bug damage
   • 5. Challenges
     • 5.1. Heavy-weight furniture

6. Global Metal Furniture Market Analysis and Projection, By Type
   • 1. Segment Overview
   • 2. Sofa
   • 3. Bed
   • 4. Chair
   • 5. Table
   • 6. Others
7. Global Metal Furniture Market Analysis and Projection, By Application
   • 1. Segment Overview
   • 2. Commercial
   • 3. Residential
8. Global Metal Furniture Market Analysis and Projection, By Distribution Channel
   • 1. Segment Overview
   • 2. E-commerce
   • 3. Supermarkets & Hypermarkets
   • 4. Specailty Stores
   • 5. Others  
9. Global Metal Furniture Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

10. Global Metal Furniture Market-Competitive Landscape
    • Overview
    • Market Share of Key Players in the Metal Furniture Market
      • 2.1. Global Company Market Share
      • 2.2. North America Company Market Share
      • 2.3. Europe Company Market Share
      • 2.4. APAC Company Market Share
    • Competitive Situations and Trends
      • 3.1. Technology Launches and Developments
      • 3.2. Partnerships, Collaborations, and Agreements
      • 3.3. Mergers & Acquisitions
      • 3.4. Expansions

11. Company Profiles
    • Zinus
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Cymax Group Inc.
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Simpli Home
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Meco Corporation
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • DHP Furniture
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Chyuan Chern Furniture Co. Ltd.
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Godrej Furniture
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Hillsdale Furniture
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Steelcase Inc.
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis

List of Table

1. Global Metal Furniture Market, By Type, 2023–2030 (USD Billion)
2. Global Sofa, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
3. Global Bed, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
4. Global Chair, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
5. Global Table, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
6. Global Others, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
7. Global Metal Furniture Market, By Application, 2023–2030 (USD Billion)
8. Global Commercial, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
9. Global Residential, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
10. Global Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
11. Global E-commerce, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
12. Global Supermarkets & Hypermarkets, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
13. Global Specailty Stores, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
14. Global Others, Metal Furniture Market, By Region, 2023–2030 (USD Billion)
15. Global Metal Furniture Market, By Region, 2023–2030 (USD Billion)
16. North America Metal Furniture Market, By Type, 2023–2030 (USD Billion)
17. North America Metal Furniture Market, By Application, 2023–2030 (USD Billion)
18. North America Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
19. USA Metal Furniture Market, By Type, 2023–2030 (USD Billion)
20. USA Metal Furniture Market, By Application, 2023–2030 (USD Billion)
21. USA Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
22. Canada Metal Furniture Market, By Type, 2023–2030 (USD Billion)
23. Canada Metal Furniture Market, By Application, 2023–2030 (USD Billion)
24. Canada Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
25. Mexico Metal Furniture Market, By Type, 2023–2030 (USD Billion)
26. Mexico Metal Furniture Market, By Application, 2023–2030 (USD Billion)
27. Mexico Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
28. Europe Metal Furniture Market, By Type, 2023–2030 (USD Billion)
29. Europe Metal Furniture Market, By Application, 2023–2030 (USD Billion)
30. Europe Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
31. Germany Metal Furniture Market, By Type, 2023–2030 (USD Billion)
32. Germany Metal Furniture Market, By Application, 2023–2030 (USD Billion)
33. Germany Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
34. France Metal Furniture Market, By Type, 2023–2030 (USD Billion)
35. France Metal Furniture Market, By Application, 2023–2030 (USD Billion)
36. France Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
37. UK Metal Furniture Market, By Type, 2023–2030 (USD Billion)
38. UK Metal Furniture Market, By Application, 2023–2030 (USD Billion)
39. UK Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
40. Italy Metal Furniture Market, By Type, 2023–2030 (USD Billion)
41. Italy Metal Furniture Market, By Application, 2023–2030 (USD Billion)
42. Italy Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
43. Spain Metal Furniture Market, By Type, 2023–2030 (USD Billion)
44. Spain Metal Furniture Market, By Application, 2023–2030 (USD Billion)
45. Spain Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
46. Asia Pacific Metal Furniture Market, By Type, 2023–2030 (USD Billion)
47. Asia Pacific Metal Furniture Market, By Application, 2023–2030 (USD Billion)
48. Asia Pacific Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
49. Japan Metal Furniture Market, By Type, 2023–2030 (USD Billion)
50. Japan Metal Furniture Market, By Application, 2023–2030 (USD Billion)
51. Japan Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
52. China Metal Furniture Market, By Type, 2023–2030 (USD Billion)
53. China Metal Furniture Market, By Application, 2023–2030 (USD Billion)
54. China Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
55. India Metal Furniture Market, By Type, 2023–2030 (USD Billion)
56. India Metal Furniture Market, By Application, 2023–2030 (USD Billion)
57. India Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
58. South America Metal Furniture Market, By Type, 2023–2030 (USD Billion)
59. South America Metal Furniture Market, By Application, 2023–2030 (USD Billion)
60. South America Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
61. Brazil Metal Furniture Market, By Type, 2023–2030 (USD Billion)
62. Brazil Metal Furniture Market, By Application, 2023–2030 (USD Billion)
63. Brazil Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
64. Middle East and Africa Metal Furniture Market, By Type, 2023–2030 (USD Billion)
65. Middle East and Africa Metal Furniture Market, By Application, 2023–2030 (USD Billion)
66. Middle East and Africa Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
67. UAE Metal Furniture Market, By Type, 2023–2030 (USD Billion)
68. UAE Metal Furniture Market, By Application, 2023–2030 (USD Billion)
69. UAE Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)
70. South Africa Metal Furniture Market, By Type, 2023–2030 (USD Billion)
71. South Africa Metal Furniture Market, By Application, 2023–2030 (USD Billion)
72. South Africa Metal Furniture Market, By Distribution Channel, 2023–2030 (USD Billion)

List of Figures 

1. Global Metal Furniture Market Segmentation
2. Metal Furniture Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Metal Furniture Market Attractiveness Analysis By Type
9. Global Metal Furniture Market Attractiveness Analysis By Application
10. Global Metal Furniture Market Attractiveness Analysis By Distribution Channel
11. Global Metal Furniture Market Attractiveness Analysis By Region
12. Global Metal Furniture Market: Dynamics
13. Global Metal Furniture Market Share By Type (2023 & 2030)
14. Global Metal Furniture Market Share By Application (2023 & 2030)
15. Global Metal Furniture Market Share By Distribution Channel (2023 & 2030)
16. Global Metal Furniture Market Share by Regions (2023 & 2030)
17. Global Metal Furniture Market Share by Company (2021)