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Console Table Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5993598

Console Table Trends and Forecast

The future of the global console table market looks promising with opportunities in the residential, commercial, and hospitality markets. The global console table market is expected to reach an estimated $21.3 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are rising interest in home décor, growing number of residential buildings, and increase in the online furniture retail.

Console Table by Segment

The study includes a forecast for the global console table by material, product type, end use, distribution channel, and region.

Console Table Market by Material [Shipment Analysis by Value from 2018 to 2030]:

  • Wood
  • Metal
  • Glass
  • Others

Console Table Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Traditional Console Tables
  • Contemporary Console Tables
  • Transitional Console Tables
  • Modern Console Tables
  • Others

Console Table Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Residential
  • Commercial
  • Hospitality
  • Others

Console Table Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

  • Offline Retail Stores
  • Specialty Stores
  • Online Stores
  • Others

Console Table Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Console Table Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies console table companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.

Some of the console table companies profiled in this report include:

  • IKEA
  • Ashley Furniture Industries
  • La-Z-Boy
  • Ethan Allen
  • Restoration Hardware
  • Crate & Barrel
  • Pottery Barn
  • Wayfair
  • West Elm
  • Bernhardt

Console Table Market Insights

The publisher forecasts that wood will remain the largest segment over the forecast period.
Within this market, residential is expected to witness the highest growth over the forecast period.
North America is expected to witness the highest growth over the forecast period.

Features of the Global Console Table Market

  • Market Size Estimates: Console table market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Console table market size by various segments, such as by material, product type, end use, distribution channel, and region in terms of value ($B).
  • Regional Analysis: Console table market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different materials, product types, end uses, distribution channels, and regions for the console table market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the console table market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the console table market size?
Answer: The global console table market is expected to reach an estimated $21.3 billion by 2030.
Q2. What is the growth forecast for console table market?
Answer: The global console table market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the console table market?
Answer: The major drivers for this market are rising interest in home décor, growing number of residential buildings, and increase in the online furniture retail.
Q4. What are the major segments for console table market?
Answer: The future of the console table market looks promising with opportunities in the residential, commercial, and hospitality markets.
Q5. Who are the key console table market companies?
Answer: Some of the key console table companies are as follows:
  • IKEA
  • Ashley Furniture Industries
  • La-Z-Boy
  • Ethan Allen
  • Restoration Hardware
  • Crate & Barrel
  • Pottery Barn
  • Wayfair
  • West Elm
  • Bernhardt
Q6. Which console table market segment will be the largest in future?
Answer: The publisher forecasts that wood will remain the largest segment over the forecast period.
Q7. In console table market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the console table market by material (wood, metal, glass, and others), product type (traditional console tables, contemporary console tables, transitional console tables, modern console tables, and others), end use (residential, commercial, hospitality, and others), distribution channel (offline retail stores, specialty stores, online stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Console Table Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Console Table Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Console Table Market by Material
3.3.1: Wood
3.3.2: Metal
3.3.3: Glass
3.3.4: Others
3.4: Global Console Table Market by Product Type
3.4.1: Traditional Console Tables
3.4.2: Contemporary Console Tables
3.4.3: Transitional Console Tables
3.4.4: Modern Console Tables
3.4.5: Others
3.5: Global Console Table Market by End Use
3.5.1: Residential
3.5.2: Commercial
3.5.3: Hospitality
3.5.4: Others
3.6: Global Console Table Market by Distribution Channel
3.6.1: Offline Retail Stores
3.6.2: Specialty Stores
3.6.3: Online Stores
3.6.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Console Table Market by Region
4.2: North American Console Table Market
4.2.1: North American Console Table Market by Material: Wood, Metal, Glass, and Others
4.2.2: North American Console Table Market by End Use: Residential, Commercial, Hospitality, and Others
4.3: European Console Table Market
4.3.1: European Console Table Market by Material: Wood, Metal, Glass, and Others
4.3.2: European Console Table Market by End Use: Residential, Commercial, Hospitality, and Others
4.4: APAC Console Table Market
4.4.1: APAC Console Table Market by Material: Wood, Metal, Glass, and Others
4.4.2: APAC Console Table Market by End Use: Residential, Commercial, Hospitality, and Others
4.5: ROW Console Table Market
4.5.1: ROW Console Table Market by Material: Wood, Metal, Glass, and Others
4.5.2: ROW Console Table Market by End Use: Residential, Commercial, Hospitality, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Console Table Market by Material
6.1.2: Growth Opportunities for the Global Console Table Market by Product Type
6.1.3: Growth Opportunities for the Global Console Table Market by End Use
6.1.4: Growth Opportunities for the Global Console Table Market by Distribution Channel
6.1.5: Growth Opportunities for the Global Console Table Market by Region
6.2: Emerging Trends in the Global Console Table Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Console Table Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Console Table Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: IKEA
7.2: Ashley Furniture Industries
7.3: La-Z-Boy
7.4: Ethan Allen
7.5: Restoration Hardware
7.6: Crate & Barrel
7.7: Pottery Barn
7.8: Wayfair
7.9: West Elm
7.10: Bernhardt

Companies Mentioned

  • IKEA
  • Ashley Furniture Industries
  • La-Z-Boy
  • Ethan Allen
  • Restoration Hardware
  • Crate & Barrel
  • Pottery Barn

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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