The global Furniture Testing market was valued at US$ 2,053.89 million in 2024 and is anticipated to reach US$ 2,987.49 million by 2030, witnessing a CAGR of 5.44% during the forecast period 2024-2030.

 

North American market for Furniture Testing is estimated to increase from $ 399.89 million in 2023 to reach $ 516.77 million by 2030, at a CAGR of 3.26% during the forecast period of 2024 through 2030.

Asia-Pacific market for Furniture Testing is estimated to increase from $ 895.11 million in 2023 to reach $ 1,424.16 million by 2030, at a CAGR of 6.93 % during the forecast period of 2024 through 2030.

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The major global companies of Furniture Testing include Bureau Veritas, SGS, TUV Rheinland, Dekra, Intertek, Eurofins, QIMA, Catas, Centre Testing International Group, SATRA, etc. In 2023, the world’s top three vendors accounted for approximately 12.62% of the revenue.

This report aims to provide a comprehensive presentation of the global market for Furniture Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furniture Testing.

The Furniture Testing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Furniture Testing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Furniture Testing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation By Company

Segment by Type

Segment by Application

By Region

FAQs: Furniture Testing Market 1. What is the current size of the global Furniture Testing market?

The global Furniture Testing market was valued at approximately US$ 2,053.89 million in 2023.

2. What is the expected growth of the Furniture Testing market by 2030?

The market is projected to reach US$ 2,987.49 million by 2030, growing at a CAGR of 5.44% during the forecast period of 2024-2030.

3. What is the market size of Furniture Testing in North America?

In North America, the Furniture Testing market was valued at US$ 399.89 million in 2023 and is expected to grow to US$ 516.77 million by 2030, with a CAGR of 3.26% from 2024 to 2030.

4. What is Furniture Testing, and why is it important?

Furniture Testing involves evaluating furniture products for durability, safety, quality, and compliance with industry standards. It ensures that furniture meets regulatory requirements and performs well under various conditions, promoting customer satisfaction and reducing liability risks.

5. What factors are driving the growth of the Furniture Testing market?

Key drivers include:

Drivers

Restraints

Opportunities

Challenges

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