Ready to Assemble Furniture Market in Europe to grow at a CAGR of 4.11% during the period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Ready to Assemble Furniture Market in Europe 2016 - 2020” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 01/22/2016 --Report forecast the RTA furniture market in Europe to grow at a CAGR of 4.11% by revenue during the period 2016-2020.

RTA furniture, also known as flat-pack, knock-down (KD), DIY (do it yourself), self-assembly, or kit furniture, is a form of furniture requiring customers to assemble the product. This form of furniture is widely popular across Europe with customers who wish to save money by assembling the product at home or the office, reducing the delivery cost.

Some of the top product offerings in the segment include living room furniture, office furniture, book cases, kitchen cabinets, tables, and beds. Changing customer buying patterns and the economic cost of the furniture are the major driving points in the markets. Manufacturers are also trying to meet the customer needs by providing affordable products with ease of convenience and application.

The report covers the present scenario and the growth prospects of the RTA furniture market in Europe for 2016-2020. To calculate the market size, the report takes into account revenue generated from retail sales of RTA furniture products.

The market is divided into the following segments based on product:
- Residential RTA furniture
- Office RTA furniture

According to the report, there is a growing trend for office space in Europe, where the office vacancy rate is expected to fall back to its 2009 level and is expected to show a declining trend during the forecast period. Recovering European cities are expected to dominate the rising employment trend with rising corporate confidence and expansion.

Further, the report states that the global RTA furniture market is highly fragmented with both large and private vendors in the market. The RTA furniture market is facing intense competition from local as well as foreign players.

RTA Furniture Market in Europe 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Ready to Assemble Furniture Market in Europe: Dorel, IKEA and Tvilum

Other Prominent Vendors in the market are: Alpasan, Arte M, Decorative Panels Furniture, Meubles Demeyère, Flexa, Roehr-Bush, Steinhoff International, and SBA furniture.

Market driver
- Recovery in real estate
- For a full, detailed list, view our report

Market challenge
- Highly fragmented market
- For a full, detailed list, view our report

Market trend
- Online presence
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 56 pages and 23 Exhibit "Ready to Assemble Furniture Market in Europe 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by product, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

Find more information Visit at: http://www.marketresearchreports.com/technavio/ready-assemble-furniture-market-europe-2016-2020

Find all House and Home Furniture report at : http://www.marketresearchreports.com/house-home-furniture

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