Global Ready To Assemble RTA Furniture Market To Reach $21.26 Billion By 2029 With A Growth Rate Of 9.2%
Ready To Assemble RTA Furniture Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, May 16, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
The global Ready-To-Assemble (RTA) furniture market is projected to experience robust growth, and it's being shaped by several converging trends.
The global market for Ready To Assemble RTA furniture is forecast to grow robustly, driven by urbanization, disposable income, and the growing do-it-yourself DIY culture. According to the latest report from The Business Research Company, the market which stood at $14.96 billion in 2024 is projected to reach $16.09 billion by 2025, growing at a compound annual growth rate CAGR of 7.5%. This growth is expected to continue further, reaching $21.26 billion by 2029 at a CAGR of 9.2%.
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What are the catalysts behind this projected growth in the RTA furniture market?
The growth of RTA furniture can be attributed to several factors. One of the drivers is the ever-increasing urbanization worldwide, which has led to a rise in disposable income, and consequently, a growing demand for affordable furniture. The expansion of e-commerce and a shift towards compact living spaces have also contributed to this growth.
What's The Latest Trend In The RTA furniture Market?
An interesting trend observed during this period of growth is the rise of DIY culture. This culture promotes creativity, self-sufficiency, and cost savings by encouraging individuals to create, modify, or repair things independently. RTA furniture fits perfectly in this culture, offering consumers the opportunity to assemble their own furniture. The sense of accomplishment and personalization that this offers has been a key reason behind the increasing popularity of RTA furniture.
Furthermore, a study conducted by Houzz, a US-based home design platform, revealed that renovation spending had risen 60% from $15,000 in 2020 to $24,000 in 2023. This rise in renovation spending further underscores the growth potential of the RTA furniture market.
Who Are The Key Players In The RTA Furniture Market?
The RTA furniture market enjoys a robust presence of key industry players, including Ashley Global Retail LLC, Tvilum A/S, Sauder Woodworking Co., and Flexsteel Industries Inc., among many others. These companies are focusing on design customization using AI, augmented reality assembly guides, 3D printing for custom components, and smart furniture integration to cater to the evolving demands of the consumers. With a focus on supply chain transparency and more efficient logistics and last-mile delivery, the players are poised to make the most of the market's growth opportunities.
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How Is The RTA Furniture Market Segmented?
The versatility of RTA furniture is one of its key selling points which is reflected in its wide product range including:
1 Living Room Furniture:
- RTA Sofas and Sectionals
- RTA TV Stands and Entertainment Centers
- RTA Coffee Tables and Side Tables
- RTA Bookshelves and Display Units
- RTA Accent Chairs
2 Bedroom Furniture:
- RTA Beds and Headboards
- RTA Nightstands
- RTA Dressers and Chests
- RTA Wardrobes and Closets
- RTA Vanity Tables
This segmentation goes on further, catering to office and outdoor furniture necessities as well as storage solutions. Litmus tests to gauge the success of the RTA furniture thus point towards a positive growth curve bolstered by these factors.
What Are The Regional Insights Of RTA Furniture Market?
In the global landscape of the RTA furniture market, Europe held the largest market share in 2024. However, the fastest-growing region is projected to be Asia-Pacific. Detailed insights and forecast for all regions including Western Europe, Eastern Europe, North America, South America, Middle East, and Africa are provided in the report.
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Oliver Guirdham
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