Nepal Furniture Market (2020-2026) | Industry, Trends, Revenue, Outlook, Value, Analysis, Companies, Forecast, Share, COVID-19 IMPACT, Growth & Size

nepal furniture market Synopsis

The furniture market in Nepal is anticipated to grow at a CAGR of 4.9% during the forecast period, 2020-2026. Increasing urbanization coupled with rising disposable income and growing demand for furniture products are majorly propelling the growth of the Nepalese furniture market. The increasing online sales channels due to various e-commerce initiatives by key players is also contributing to market growth in Nepal. Moreover, foreign investments in the retail industry and changing lifestyle trends have led to an increase in demand for contemporary home furnishings and related accessories among consumers, further driving the Nepalese furniture sector over the coming years.

Additionally, favorable government policies such as FDI reforms coupled with improving infrastructure like roadways, ports etc., are expected to boost investment activity across different sectors including Furniture & Home Decor segment in Nepal during 2020-2026 which will propel overall growth of this sector over forecast period. Rising investment from leading international brands offering quality products along with competitive prices has significantly supplemented revenue generation opportunities for domestic manufacturers as well as retailers operating within this space . Further , booming tourism industry supported by increasing number of tourists visiting country has also created a huge opportunity for hospitality segment within country which will result into higher demand from hotels & restaurants procurement departments for furnishing items .

Lastly , emergence of start ? ups focused on providing customized designs catering to unique needs has been one of important factor resulting into considerable rise within this space

Key Highlights of the Report:

• Nepal Furniture Market Outlook
• Market Size of Nepal Furniture Market, 2019
• Forecast of Nepal Furniture Market, 2026
• Historical Data and Forecast of Nepal Furniture Revenues & Volume for the Period 2016 - 2026
• Nepal Furniture Market Trend Evolution
• Nepal Furniture Market Drivers and Challenges
• Nepal Furniture Price Trends
• Nepal Furniture Porter's Five Forces
• Nepal Furniture Industry Life Cycle
• Historical Data and Forecast of Nepal Furniture Market Revenues & Volume By Material Types for the Period 2016 - 2026
• Historical Data and Forecast of Nepal Furniture Market Revenues & Volume By Plastic for the Period 2016 - 2026
• Historical Data and Forecast of Nepal Furniture Market Revenues & Volume By Wood for the Period 2016 - 2026
• Historical Data and Forecast of Nepal Furniture Market Revenues & Volume By Metal for the Period 2016 - 2026
• Historical Data and Forecast of Nepal Furniture Market Revenues & Volume By Other for the Period 2016 - 2026
• Historical Data and Forecast of Nepal Furniture Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of Nepal Furniture Market Revenues & Volume By Residential for the Period 2016 - 2026
• Historical Data and Forecast of Nepal Furniture Market Revenues & Volume By Commercial for the Period 2016 - 2026
• Nepal Furniture Import Export Trade Statistics
• Market Opportunity Assessment By Material Types
• Market Opportunity Assessment By Applications
• Nepal Furniture Top Companies Market Share
• Nepal Furniture Competitive Benchmarking By Technical and Operational Parameters
• Nepal Furniture Company Profiles
• Nepal Furniture Key Strategic Recommendations