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

Market Forecast By Material Types (Plastic, Wood, Metal, Other), By Applications (Residential, Commercial) And Competitive Landscape
Product Code: ETC009767 Publication Date: Jun 2023 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Singapore Furniture Market Size Growth Rate


The Singapore Furniture Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 1.81% in 2025, the growth rate steadily ascends to 2.28% in 2029.

Singapore Furniture Market Size Growth Rate

Furniture Market: Singapore vs Top 5 Major Economies in 2027 (Asia)


Singapore's Furniture market is anticipated to experience a stable growth rate of 2.11% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

Furniture Market: Singapore vs Top 5 Major Economies in 2027 (Asia)

singapore furniture market Synopsis

The Singapore furniture market is expected to witness a compound annual growth rate (CAGR) of 8.4% during the forecast period 2020-2026. An increase in the number of affluent households engaging in high value spending, and an increased inclination towards luxury furniture are some of the factors driving market growth.

Moreover, rapid urbanization has led to changing consumer preferences leading to greater demand for modern furniture designs that can be customized according to specific needs. Furthermore, online retailing channels such as e-commerce websites have enabled customers with access to various types of furniture from across the globe at competitive prices thereby driving market growth further. Additionally, increasing investment by manufacturers on product innovation is likely to drive product differentiation which will lead to increased demand for modular and convertible type furnishings among others.

Furthermore, technological advancements such as smart home technology are gaining traction owing its convenience features along with personalization options which further adding up the adoption level in this region resulting in higher sales hence augmenting overall industry size over the analysis timeline.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Singapore Furniture Market Overview

3.1 Singapore Country Macro Economic Indicators

3.2 Singapore Furniture Market Revenues & Volume, 2019 & 2026F

3.3 Singapore Furniture Market - Industry Life Cycle

3.4 Singapore Furniture Market - Porter's Five Forces

3.5 Singapore Furniture Market Revenues & Volume Share, By Material Types, 2019 & 2026F

3.6 Singapore Furniture Market Revenues & Volume Share, By Applications, 2019 & 2026F

4 Singapore Furniture Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Singapore Furniture Market Trends

6 Singapore Furniture Market, By Types

6.1 Singapore Furniture Market, By Material Types

6.1.1 Overview and Analysis

6.1.2 Singapore Furniture Market Revenues & Volume, By Material Types, 2016 - 2026F

6.1.3 Singapore Furniture Market Revenues & Volume, By Plastic, 2016 - 2026F

6.1.4 Singapore Furniture Market Revenues & Volume, By Wood, 2016 - 2026F

6.1.5 Singapore Furniture Market Revenues & Volume, By Metal, 2016 - 2026F

6.1.6 Singapore Furniture Market Revenues & Volume, By Other, 2016 - 2026F

6.2 Singapore Furniture Market, By Applications

6.2.1 Overview and Analysis

6.2.2 Singapore Furniture Market Revenues & Volume, By Residential, 2016 - 2026F

6.2.3 Singapore Furniture Market Revenues & Volume, By Commercial, 2016 - 2026F

7 Singapore Furniture Market Import-Export Trade Statistics

7.1 Singapore Furniture Market Export to Major Countries

7.2 Singapore Furniture Market Imports from Major Countries

8 Singapore Furniture Market Key Performance Indicators

9 Singapore Furniture Market - Opportunity Assessment

9.1 Singapore Furniture Market Opportunity Assessment, By Material Types, 2019 & 2026F

9.2 Singapore Furniture Market Opportunity Assessment, By Applications, 2019 & 2026F

10 Singapore Furniture Market - Competitive Landscape

10.1 Singapore Furniture Market Revenue Share, By Companies, 2019

10.2 Singapore Furniture Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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