Product Code: ETC009777 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Pakistan Furniture market currently, in 2023, has witnessed an HHI of 3261, Which has decreased moderately as compared to the HHI of 5493 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Pakistan furniture market is estimated to grow at a CAGR of 4.9% during the forecast period 2020-2026. Growing demand for eco-friendly, modern and chic furniture, rapid urbanization and increasing disposable income are some of the major factors propelling the growth of this industry in the country. Additionally, increasing foreign investments have resulted in an upsurge in demand for stylish furniture products in Pakistan due to increased awareness about international trends and styles among consumers.
Furthermore, government initiatives such as tax rebates on imported raw materials used by furniture manufacturers are likely to further drive market growth over the forecast period. Moreover, rising internet penetration has enabled online purchases which is likely to open new avenues for vendors operating in this space over forthcoming years as well. The introduction of various e-commerce platforms providing easy access to customers across different regions has also been instrumental in driving product sales through digital channels thereby aiding overall growth prospects of India?s furniture sector between 2020 and 2026.
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 Pakistan Furniture Market Overview |
3.1 Pakistan Country Macro Economic Indicators |
3.2 Pakistan Furniture Market Revenues & Volume, 2019 & 2026F |
3.3 Pakistan Furniture Market - Industry Life Cycle |
3.4 Pakistan Furniture Market - Porter's Five Forces |
3.5 Pakistan Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F |
3.6 Pakistan Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Pakistan Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Pakistan Furniture Market Trends |
6 Pakistan Furniture Market, By Types |
6.1 Pakistan Furniture Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 Pakistan Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F |
6.1.3 Pakistan Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F |
6.1.4 Pakistan Furniture Market Revenues & Volume, By Wood, 2016 - 2026F |
6.1.5 Pakistan Furniture Market Revenues & Volume, By Metal, 2016 - 2026F |
6.1.6 Pakistan Furniture Market Revenues & Volume, By Other, 2016 - 2026F |
6.2 Pakistan Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Pakistan Furniture Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Pakistan Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F |
7 Pakistan Furniture Market Import-Export Trade Statistics |
7.1 Pakistan Furniture Market Export to Major Countries |
7.2 Pakistan Furniture Market Imports from Major Countries |
8 Pakistan Furniture Market Key Performance Indicators |
9 Pakistan Furniture Market - Opportunity Assessment |
9.1 Pakistan Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F |
9.2 Pakistan Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Pakistan Furniture Market - Competitive Landscape |
10.1 Pakistan Furniture Market Revenue Share, By Companies, 2019 |
10.2 Pakistan Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |