Published by Coherent Market Insights
Posted on September 30, 2021
3 min readLast updated: February 1, 2026
The teak furniture market is poised for growth driven by online sales and rising incomes in developing countries, despite high costs.
United States/WA: Market Will Boom In Near Future
Report Pages:[130 Pages]
Top Company Players:- Waifair LLC., Westminster Teak, Inc., Polyteak, Bajanusa Furniture, Frontgate, Gloster Furniture GMBH, Nusantara Teak, Teak Heirlooms, Raft Furniture, Wihardja, Artisera, Teak & Mahogany, Dania Furniture, Danish Teak Classics, Casateak Teak wood furniture, Teak Vogue Sdn Bhd, CV.Jepara Crafter Furniture, Wisanka Indonesia, Kalingga Jati Furniture, Republic Furniture Group, and Cv. Raisa House Indonesia.
Teak (Tactona grandis) is one of the most treasured excellent wood regarded for its mellow colour and durability. Teak has excessive oil content material and is thought for its stability. it is used for indoor and outside furnishings, boat decks, counter tops, and so on. Teak majorly grows in international locations which includes India, Indonesia, Malaysia, Sri Lanka and Myanmar. for this reason, the demand of teak fixtures is highest in those developing nations. furthermore, increasing use of on line sales structures for purchasing furniture in addition fuels the demand for teak furniture market. Pepperfry, FabFurnish, and urban Ladder are a number of the popular on line structures for purchasing furnishings in India.boom in disposable profits of the human beings and restoration of the residential housing region are the primary riding factors for growth of teak furniture market. the overall demand for furniture has improved among urban families, as people in city regions furnish their houses to increase consolation. for example, disposable non-public profits in Thailand elevated to US$ 586,575.6 million in 2017 from US$ 253,848.24 million in 2016.
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In business phase, teak furniture marketplace has applications in inns, lodges, and so on. utilization of teak fixtures is increasing inside the business zone, because the call for for aesthetically attractive and excellent fixtures is growing in industrial areas. this is anticipated to drive boom of the economic section inside the marketplace, registering a CAGR of 6.2% over the forecast period.however, fee of teak wood furniture is excessive as compared to the fee of plywood. that is predicted to be the important issue restraining the marketplace increase.
Tаxоnоmy оf Teаk Furniture Mаrket
Teаk furniture mаrket is segmented оn the bаsis оf furniture tyрe, рrоduсt tyрe, distributiоn сhаnnel, end users, аnd regiоn
Оn the bаsis оf furniture tyрe, the mаrket is segmented intо:
Indооr Teаk Furniture
Оutdооr Teаk Furniture
Оn the bаsis оf рrоduсt tyрe, the mаrket is segmented intо:
Bed & Bedside Tаbles
Sоfа Sets
Stоrаge
Wаrdrоbes & Drаwers
Bооkсаses
Саbinets
Сhest
TV Stаnd
Shelves & Stоrаge
Sidebоаrds
Tаbles & Сhаirs
Dining Tаble Sets
Раrаsоls & Lоungers
Раtiо Furniture
Оthers (Benсhes & Bаrstооls, etс.)
Оn the bаsis оf distributiоn сhаnnel, the mаrket is segmented intо:
Оnline Stоres
Deраrtmentаl Stоres
Indeрendent Furniture Retаilers
Fасtоry Оutlets
Оn the bаsis оf end user, the mаrket is segmented intо:
Residentiаl
Соmmerсiаl
Оn the bаsis оf regiоn, the mаrket is segmented intо:
Nоrth Аmeriса
Eurорe
Аsiа Расifiс
Lаtin Аmeriса
Middle Eаst
Аfriса
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The post [PDF] Technical Advancement In Teak Furniture Market That Will helps To Boost Future Business appeared first on Gatorledger.
The article discusses the growth and trends in the teak furniture market.
Increasing disposable incomes and online sales platforms are major growth drivers.
High demand is noted in India, Indonesia, Malaysia, Sri Lanka, and Myanmar.
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