Closets, Nightstands & Dressers - NAFTA
NAFTA- In 2024, the revenue in the Closets, Nightstands & Dressers market in NAFTA amounted to US$11.74bn.
- It is projected to experience an annual growth rate of 3.57% (CAGR 2024-2029).
- When compared globally, United States generates the highest revenue in this segment, reaching US$10bn in 2024.
- Considering the total population, the per person revenue in NAFTA is US$23.01 in 2024.
- In the NAFTA region, the demand for modern, space-saving closet organizers is on the rise, as consumers prioritize efficient storage solutions in their homes.
- Key regions:
- Canada,
- Germany,
- India,
- United States,
- Brazil
Definition:
This segment focuses on furniture pieces which are primarily found in the bedroom. It includes wooden furniture such as wardrobes, closets, chests, dressers, and nightstands. Closets and dressers are primarily used to store clothing. Meanwhile, nightstands are practical for storing items which people need before, during, or after sleeping, such as, books, medicine, or a glass of water.
Additional Information:
The Closets, Nightstands & Dressers subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.
In-Scope
- Closets
- Dressers
- Nightstands
- Wardrobes
Out-Of-Scope
- Beds and headboards
