Product Code: ETC099705 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The rocking chairs market in Malaysia is estimated to be worth around MYR 35 million annually. There is an increasing demand from consumers for better quality furniture which has resulted in a rise of more modernized designs being produced by manufacturers both locally as well as internationally like Ikea and King Koil among others. The sales of rocking chairs will exceed MYR 43 million by 2025 driven mainly due to rising disposable incomes & urbanization trends within the country coupled with growing consumer affinity towards luxury furniture items including rockers made with premium materials such as leather & wood.
The Malaysia rocking chairs market is expected to experience moderate growth in the foreseeable future. One of the significant drivers for this growth is the rising interest in home decor and interior design trends. Rocking chairs are becoming popular among consumers as they offer both comfort and aesthetic appeal, making them a sought-after furniture choice for households. Additionally, the increasing focus on relaxation and stress relief is likely to boost the demand for rocking chairs. Furthermore, the availability of a variety of designs and materials, including eco-friendly options, is anticipated to positively impact market growth.
The Malaysia rocking chairs market has witnessed moderate growth, primarily driven by the demand for comfortable and stylish furniture. Nevertheless, manufacturers and sellers face challenges related to materials sourcing and sustainability. As consumers become more environmentally conscious, they may seek rocking chairs made from eco-friendly materials, putting pressure on manufacturers to adopt sustainable practices. Companies that can successfully implement sustainable sourcing, manufacturing, and marketing strategies will have a competitive edge in the market.
The Malaysia rocking chairs market faced challenges during the COVID-19 pandemic due to reduced consumer spending on non-essential furniture items. With economic uncertainties and financial constraints, many people postponed discretionary purchases like rocking chairs. This led to decreased demand and impacted manufacturers and retailers. However, as the economy recovers and consumer confidence improves, there may be a resurgence in demand for home furnishings, including rocking chairs. Manufacturers should focus on design innovations, comfort, and sustainability to attract customers in the post-pandemic era.
The key players in the Malaysia rocking chairs market include IKEA, Cellini, Teakia, Vhive, Getha, Kian, local artisans and craftsmen, online marketplaces such as Lazada, Shopee, and 11street, as well as home d?cor retailers like Spotlight, ACE Hardware, and MR.DIY, along with furniture boutiques.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Rocking Chairs Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Rocking Chairs Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Rocking Chairs Market - Industry Life Cycle |
3.4 Malaysia Rocking Chairs Market - Porter's Five Forces |
3.5 Malaysia Rocking Chairs Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Malaysia Rocking Chairs Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Rocking Chairs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Rocking Chairs Market Trends |
6 Malaysia Rocking Chairs Market, By Types |
6.1 Malaysia Rocking Chairs Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Rocking Chairs Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Malaysia Rocking Chairs Market Revenues & Volume, By Metal, 2021-2031F |
6.1.4 Malaysia Rocking Chairs Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.5 Malaysia Rocking Chairs Market Revenues & Volume, By Leather, 2021-2031F |
6.1.6 Malaysia Rocking Chairs Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.7 Malaysia Rocking Chairs Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Rocking Chairs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Rocking Chairs Market Revenues & Volume, By Department Stores, 2021-2031F |
6.2.3 Malaysia Rocking Chairs Market Revenues & Volume, By Grocery Stores and Supermarkets, 2021-2031F |
6.2.4 Malaysia Rocking Chairs Market Revenues & Volume, By Warehouse Retailers, 2021-2031F |
6.2.5 Malaysia Rocking Chairs Market Revenues & Volume, By Convenience Retailer, 2021-2031F |
6.2.6 Malaysia Rocking Chairs Market Revenues & Volume, By Discount Retailer, 2021-2031F |
6.2.7 Malaysia Rocking Chairs Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Rocking Chairs Market Import-Export Trade Statistics |
7.1 Malaysia Rocking Chairs Market Export to Major Countries |
7.2 Malaysia Rocking Chairs Market Imports from Major Countries |
8 Malaysia Rocking Chairs Market Key Performance Indicators |
9 Malaysia Rocking Chairs Market - Opportunity Assessment |
9.1 Malaysia Rocking Chairs Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Malaysia Rocking Chairs Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Rocking Chairs Market - Competitive Landscape |
10.1 Malaysia Rocking Chairs Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Rocking Chairs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |