Dining Tables Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Dining Tables Market Analysis
The Dining Tables Market has generated a revenue of USD78.26 billion in the current year and is poised to register a CAGR of greater than 4% during the forecast period.
The global dining table market has been experiencing steady growth in recent years. Increasing population, urbanization, and rising disposable incomes in emerging economies have contributed to the expansion of the market. Consumers have diverse preferences when it comes to dining tables. Factors such as size, shape, material, design, and functionality play a significant role in consumer decision-making. Traditional wooden tables, as well as modern and minimalist designs, are popular choices.
Dining tables are made from various materials, including wood, glass, metal, and plastic. Wood remains a popular choice due to its durability and aesthetic appeal. However, there is also a growing demand for tables made from sustainable and eco-friendly materials. Dining tables are sold through various distribution channels, including furniture stores, online retailers, and specialized home furnishing stores. Online sales have been gaining momentum, offering consumers a convenient way to browse and purchase dining tables.
The dining table market varies across regions. North America, Europe, and Asia-Pacific are significant markets, with each region having its own preferences and trends. For example, Scandinavian designs have gained popularity in Europe, while Asian markets may lean towards more intricate and ornate designs.
In the post-COVID-19 scenario, the dining tables market has experienced some shifts. With more people spending time at home, there has been an increased focus on creating comfortable and functional dining spaces. This has led to a surge in demand for dining tables that are suitable for remote work, virtual meetings, and family gatherings. Additionally, there has been a rise in the popularity of outdoor dining tables as people seek to enjoy meals in their gardens or on their balconies.
Dining Tables Market Trends
Material and Design Innovations is Driving the Market
Traditional dining tables were typically made from wood, but now, there is a wide range of materials available. Manufacturers have introduced dining tables made from glass, metal, acrylic, stone and even unconventional materials like reclaimed wood and concrete. These unique materials provide durability, aesthetic appeal, and a modern touch, catering to diverse consumer tastes.
Dining tables have evolved beyond their traditional role as a place for meals. Modern designs incorporate functionality and versatility to accommodate various needs. For example, extendable or folding dining tables provide flexibility for smaller spaces, while tables with built-in storage compartments offer practical solutions for organization. These design innovations enhance the usability and efficiency of dining tables.
Contemporary interior design trends favor minimalistic and sleek aesthetics. Dining tables have followed suit with clean lines, simple shapes, and minimalist designs. This shift in design philosophy caters to consumers seeking a modern and uncluttered look in their homes. Additionally, the use of materials like glass and metal contributes to a more contemporary and sophisticated appearance.
North America Region is Occupying a Major Share of the Market
North American region occupied a major share of the market in the current year. The region has a high level of disposable income, which allows consumers to invest in quality dining tables. Additionally, there is a strong emphasis on home decor and entertaining in North American culture, leading to a higher demand for dining tables. The market in North America is also driven by the availability of a wide range of styles and designs to cater to diverse consumer preferences.
The United States has been the largest market for wooden kitchen furniture, including dining tables. It imported around USD 3.31 billion of wooden kitchen furniture for the year 2022, which was the highest among all countries. Major exporting nation to the United States was Vietnam, Malaysia, Canada, and Mexico.
Dining Tables Industry Overview
The Dining Tables market is fragmented with many players. The report covers the major international players operating in the furniture market. Regarding market share, some of the major players currently dominate the market. Some major players are Ashley Furniture Industries, Inter IKEA Group, Herman Miller, Inc., and Steelcase, Inc. However, with technological advancements and product innovations, mid-size to smaller companies are increasing their market presence by securing new contracts and tapping into new markets.
Dining Tables Market Leaders
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Ashley Furniture
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Inter IKEA
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Herman Miller
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Steelcase
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Nitori Holdings
*Disclaimer: Major Players sorted in no particular order
Dining Tables Market News
- August 2022: In Spanaway, Washington, Ashley Furniture Industries inaugurated a new distribution facility. The company's expansion existing national network of eight distribution centers serving the United States was expanded by the new location.
- March 2022: Herman Miller. announced the opening of a new experiential retail store on Gansevoort Street in Meatpacking, with another New York City location to follow in Williamsburg, Brooklyn.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Population Growth and Urbanization
4.2.2 Increase in Demand for Interior Designs
4.3 Market Restraints
4.3.1 Fluctuations in Consumer Spending
4.3.2 Trends in Interior Design and Changing Preferences among Consumers
4.4 Market Opportunities
4.4.1 Growing Trend of Open-Concept Living Spaces and Multifunctional Furniture
4.4.2 Increase in Customization and Personalized Designs
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Buyers
4.5.2 Bargaining Power of Suppliers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights of Technology Innovations in the Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Material
5.1.1 Wood
5.1.2 Metal
5.1.3 Plastic
5.1.4 Other Materials
5.2 By Shape
5.2.1 Rectangular
5.2.2 Square
5.2.3 Round
5.2.4 Oval
5.3 By Application
5.3.1 Residential
5.3.2 Food Services
5.3.3 Other Applications
5.4 By Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-pacific
5.4.4 Latin America
5.4.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Ashley Furniture
6.2.2 Inter IKEA
6.2.3 Herman Miller
6.2.4 Steelcase
6.2.5 Nitori Holdings
6.2.6 Wayfair
6.2.7 Williams Sonoma
6.2.8 Oppein Home Group
6.2.9 Godrej Interio
6.2.10 Rooms To Go*
- *List Not Exhaustive
7. FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Dining Tables Industry Segmentation
A table on which meals are served in a dining room. The report offers a complete background analysis of the Dining Tables Market, including the analysis and forecast of market size, market share, industry trends, growth drivers, and vendors. Additionally, the report features qualitative and quantitative assessments by analyzing the data gathered from industry analysts and market participants across the key points in the industry's value chain. The Dining Tables Market is segmented by Material (Wood, Metal, Plastic, Others), by Shape (Rectangular, Square, Round, Oval), by Application (Residential, Food Services, Others), by Geography (North America, Europe, Asia-pacific, Latin America, Middle East & Africa). The report offers Market size and forecasts for the Dining Tables Market in terms of revenue (USD) for all the above segments.
| By Material | |
| Wood | |
| Metal | |
| Plastic | |
| Other Materials |
| By Shape | |
| Rectangular | |
| Square | |
| Round | |
| Oval |
| By Application | |
| Residential | |
| Food Services | |
| Other Applications |
| By Geography | |
| North America | |
| Europe | |
| Asia-pacific | |
| Latin America | |
| Middle East & Africa |
Frequently Asked Questions
What is the current Dining Tables Market size?
The Dining Tables Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Dining Tables Market?
Ashley Furniture, Inter IKEA, Herman Miller, Steelcase and Nitori Holdings are the major companies operating in the Dining Tables Market.
Which is the fastest growing region in Dining Tables Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Dining Tables Market?
In 2024, the North America accounts for the largest market share in Dining Tables Market.
What years does this Dining Tables Market cover?
The report covers the Dining Tables Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Dining Tables Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Dining Tables Industry Report
Statistics for the 2024 Dining Tables market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Dining Tables analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
