The global side table market size hit USD 12.66 billion in 2023. The market is anticipated to rise from USD 13.12 billion in 2024 to USD 19.03 billion by 2032, exhibiting a CAGR of 4.75% during the analysis period.
Side tables cater to furnishing requirements and come in various shapes. The demand for these tables is slated to spur with the mounting trend of customized and luxury furniture.
The COVID-19 pandemic severely impacted the demand for the side table due to disruptions in the supply chains and manufacturing processes. On the other hand, adoption of work from home culture was recorded. This boosted product demand in residential spaces across the globe.
Fortune Business Insights™ provides this information in its research report, titled “Side Table Market, 2024-2032”.
Read More: https://www.fortunebusinessinsights.com/side-table-market-110179
Segmentation:
Wood Segment to Hold Prominent Share Due to Increasing Popularity of Interior Décor
On the basis of material, the market for side tables is subdivided into plastic, wood, metal, and others. The wood segment is set to lead the global market. The growing product preference for interior décor is one of the vital factors impelling segmental dominance.
Residential Segment to Register Major Share Impelled by Changes in Lifestyle
Based on application, the market for side tables is fragmented into commercial and residential. The residential segment is poised to hold the largest share in the global market. The product demand is set to rise in this application considering the changes in lifestyle, including a rise in leisure activities at home and an upsurge in remote work.
By geography, the market for side tables has been analyzed across North America, South America, Asia Pacific, Europe, and the Middle East & Africa.
Top Company in the Side Table Market: