Furniture Logistics can be defined as the use of logistics in the furniture industry for the management of the way resources are acquired, stored, and moved to various end-users. Using logistics provides the furniture industry with a continuous supply of various furniture from suppliers and distributors in different locations. It is also possible that at times, a company might choose to outsource its logistics operations if it is deemed to be able to bring down the total cost of the operation. There are multiple advantages that involve the implementation of furniture logistics such as network planning and optimization, project logistics, cargo insurance, freight forwarding, and customs brokerage. Several factors are driving the global furniture logistics market.
The report offers an up-to-date analysis of the current global Furniture Logistics Market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from the defense sector, growing adoption of rugged tablets by the mobile workforce, and Low TCO. The Furniture Logistics market analysis includes the technology segment and geographic landscape.
The Furniture Logistics market will change significantly from the previous year. Over the next five years, will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.
The Major Players In The Furniture Logistics Market Include:
Deutsche Post DHL,DB Schenker, Kuehne Nagel, C.H. Robinson, UPS, Agility, Allcargo Logistics, CEVA Logistics, Damco, Expeditors International, Gati, Hub Group, Imperial Logistics, J.B. Hunt, Kerry Logistics, Logwin, Nippon Express, Panalpina, Ryder, Schneider Logistics, Sinotrans, Wincanton
Market has segmented the global Furniture Logistics market on the basis of type, application, and region:
The Furniture Logistics market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
· Transportation
· Warehousing and Distribution
By Application:
· Furniture Distributor
· Furniture Factory
By Regional Outlook (Revenue, USD Billion, 2017 – 2028)
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
South America (Brazil, Argentina, Rest of South America)
Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Furniture Logistics Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
Reasons to Purchase this Report
· Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
· Provision of market value (USD Billion) data for each segment and sub-segment
· Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
· Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
· Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
· Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
· The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
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