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The console table market size was valued at USD 4.24 billion in 2024 and is expected to be worth USD 4.41 billion in 2025. The market is projected to reach USD 5.98 billion by 2032, recording a CAGR of 4.45% during the forecast period.
A console table is a piece of furniture that has a long and narrow design and is either placed behind a sofa or against a wall. It is available in a vast range of materials, such as metal, wood, and glass and seamlessly combines style with functionality. A console table not only elevates the aesthetics of a living space, but also offers various functions, such as acting as a workspace, storage unit, or display surface. The growing trend of purchasing stylish yet functional pieces of furniture is one of the key factors driving the demand for console tables.
However, the COVID-19 pandemic slowed the market’s growth as supply chain disruptions caused shortage of key raw materials, which led to delays in the production and distribution of these tables. But the massive boom experienced by the e-commerce sector during this period helped the market recover as the sales of console tables from online platforms increased considerably.
Fortune Business Insights™ displays this information in a report titled, "Console Table Market, 2025-2032."
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Segmentation:
Others Segment to Dominate Market With Rising Demand for Unique, Multipurpose Tables
Based on product, the market is divided into traditional console tables, modern console tables, industrial console tables, rustic console tables, and others. The others segment will dominate the market in the future as customers are looking for uniquely designed tables that come with numerous innovative features.
Wooden Console Tables Gained Major Traction Owing to Their Versatility
Based on material, the market is segmented into wood, metal, glass, and others. The wood segment captured the biggest market share as this material is highly versatile and helps manufacturers design tables in different styles.
Residential Segment Holds Largest Market Share With Rising Interest in Home Décor
Based on application, the market is classified into residential and commercial. The residential sector accounts for the largest console table market share as several homeowners are becoming more interested in home décor to elevate the overall aesthetics of their living spaces.
Customer Footfall Rises in Offline Stores Due to Demand for Personalized Customer Service
Based on distribution channel, the market is divided into online and offline. The offline segment is dominating the market as customers can get personalized services from sales agents at offline stores. These agents, through their expert advice, can help customers purchase the right console table for their space.
With respect to region, the market covers North America, Europe, Asia Pacific, and the rest of the world.
Report Coverage:
The report has conducted a detailed study of the market and highlighted several critical areas, such as popular products, materials, applications, distribution channels, and prominent market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.
Drivers and Restraints:
Rising Preference for Eco-Friendly Products to Accelerate Market Growth
An increasing number of furniture manufacturers are making their operations more sustainable to reduce their carbon footprint and enhance their brand image. Eco-friendly materials, such as reclaimed wood, recycled metals, and bamboo are being used by furniture manufacturing companies to make console tables. This move will help them lure in more eco-conscious customers, which will have a positive impact on the market’s progress.
However, extreme fluctuations in raw material prices can hinder the console table market growth.
Regional Insights:
Asia Pacific Dominated Global Market Due to Increasing Disposable Income of Customers
Asia Pacific held the largest global market share in 2024 as the average disposable incomes of customers across the region is increasing every year. This factor has given them the liberty to splurge on expensive furniture products, such as high-end console tables.
Europe is also positively contributing to the global market’s growth as governments across the region are introducing financial schemes, such as grants and subsidies to help SMEs gain an easier access to capital in the furniture industry.
Competitive Landscape:
Market Players to Focus On Developing Console Tables With Unique Designs to Cater to Customers’ Needs
Some of the top companies operating in the global console table market are partnering with other firms to design and manufacture console tables with unique designs. They are also improving the features of their products by integrating them with smart technologies. Such improvements will help them expand their current product range and attract more customers.
Notable Industry Development:
November 2024: Ethan Allen, a global manufacturer of furniture, was recognized for its commitment to eco-friendly wood sourcing when it received the "Most Improved" designation for 2024 from the National Wildlife Federation (NWF) and the Sustainable Furnishings Council (SFC). This award showcased the company's improvements in its sustainability practices, especially its adoption of certified sustainable wood in the production of furniture.
LIST OF KEY COMPANIES PROFILED IN THE REPORT
Steelcase Inc. (U.S.)
Ashley Furniture Industries, Inc. (U.S.)
Global Furniture USA (U.S.)
Pepperfry Limited (India)
IKEA (Sweden)
HNI Corporation (U.S.)
Ethan Allen Global, Inc. (U.S.)
Godrej & Boyce Mfg. Co. Ltd. (India)
B&B ITALIA SPA (Italy)
MillerKnoll, Inc. (U.S.)
Browse Detailed Research Report Summary: https://www.fortunebusinessinsights.com/console-table-market-111557
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