Side Table Market Size Outlook: Innovations and Strategic Insights

According to Fortune Business Insights, global side table market was valued at USD 13.12 billion in 2024 and is projected to rise to USD 13.63 billion in 2025, reaching USD 19.03 billion by 2032, at a CAGR of 4.88% during the forecast period. The U.S. side table market is also poised for substantial growth, with an estimated value of USD 3.51 billion by 2032. The rising demand for functional, space-saving, and aesthetically appealing furniture is a major factor driving market expansion.

In 2024, Asia Pacific emerged as the leading region, accounting for 47.79% of the global market share, supported by rapid urbanization, evolving interior design trends, and growing disposable incomes.

Side tables are made from an extensive range of materials such as glass, wood, and metal, among others. The mounting consumer inclination toward home aesthetics propels the demand for unique and stylish tables, propelling industry growth.

List of Key Players Mentioned in the Report:

• Steelcase Inc. (U.S.)

• MillerKnoll, Inc. (U.S.)

• Ashley Furniture Industries, Inc. (U.S.)

• GLOBAL FURNITURE USA (U.S.)

• KOKUYO Co., Ltd. (Japan)

• Ethan Allen Global, Inc. (U.S.)

• Godrej & Boyce Mfg. Co. Ltd. (India)

• B&B ITALIA SPA (Italy)

• Sunpan Trading & Importing, Inc. (Canada)

• CB2 (U.S.)

• Pepperfry Limited (India)

• IKEA (Sweden)

• HNI Corporation (U.S.)

• Natuzzi S.p.A. (Italy)

• Dorel Industries Inc. (Canada)

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Drivers and Restraints:

Product Demand to Rise as Contemporary Home Décor Gains Traction

There has been an upsurge in long-term investments in home décor. Besides, consumers are depicting a greater interest in contemporary home interiors, propelling product demand. Some of the latest trends comprise industrial, sleek, and minimalist styles, among others. These factors are set to drive side table market growth.

The volatility associated with the prices of raw materials may, however, hamper industry expansion.   

Segmentation:

Wood Segment to Register Dominant Share Owing to its Texture

Based on material, the market is divided into plastic, metal, wood, and others. The wood segment is touted to hold a dominating position in the global market. This can be attributed to the texture and warmth of the material that helps enhance the aesthetics of a place.

Residential Segment to Hold Key Share Due to High Product Adoption

By application, the market is bifurcated into commercial and residential. The residential segment is set to record a major market share over the analysis period. Side tables help add to the aesthetics and functionality of living spaces, which is a vital factor for their adoption in residential applications.

Based on geography, the market for side tables has been studied across North America, Asia Pacific, South America, Europe, and the Middle East & Africa.

Report Coverage:

The report gives an account of the key driving factors and the latest market trends. It also provides an analysis of the industry based on various segments: material, application, and geography. The report also enlists the vital steps adopted by leading industry participants to increase their market share.  

Regional Insights:

Asia Pacific Accounted for Major Share Owing to High Number of Residential Construction Projects

Asia Pacific recorded the largest market share in 2023. The region registers rapid urbanization, which drives the number of residential construction projects, bolstering furniture demand. In addition, the region is a major production hub for furniture, supporting industry growth.

North America side table market share is anticipated to rise driven by a robust culture of home ownership and the rising product demand.

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Competitive Landscape:

Market Players are centered on Launching Advanced Products to outpace their Competitors

Industry players are focused on the launch of technologically advanced products to consolidate their market positions. Some of the examples comprise the integration of smart technology, touch-sensitive controls, and integrated speakers, among others. Such products are also being launched for gaining an edge over competitors.

Key Industry Development:

• February 2023 - Steelcase, Inc., a global furniture manufacturing company, in partnership with the Frank Lloyd Wright Foundation, introduced the Racine Collection, featuring a range of items, including dining chairs, side tables, and desks. These offerings embody contemporary design elements, utilizing high-performance fabrics, materials, and adjustments to enhance user comfort.

• September 2022 – Tidelli, a specialist outdoor living furniture developer launched, Rio, a line of Rio de Janeiro-inspired arm chairs and a side table in the Peruvian market. These products are designed with differentiated features details on the base and an overlap of aluminum structure at the top.