About Wardrobe
The wardrobe is a specially designed cupboard or closet provided with drawers, lockers, a mirror, hanging spaces, sliding shelves and other things to store cloths. It is originated from the old French word “warderobe” in which warder means ‘to keep’ and robe means ‘garments’. The standard size of a wardrobe is 18 or 12 inches in depth, height usually not more than 72 inches and width varies from 24 to 96 inches or more than 96. The increase in purchasing of wardrobe for personal use has increased the demand.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 7.4% |
Analyst at AMA Research estimates that United States and Asia Pacific Vendors will contribute the maximum growth to Global Wardrobe market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Stanley Black & Decker, Inc. (United States), Dorel Industries Inc. (Canada), IKEA (Sweden), OPPEIN HOME (China), Sauder Woodworking Company (United States), GuangDong Topstrong Living Innovation & Integration Co., Ltd. (China), Suofeiya Home Collection. (China), Guangzhou Shangpin Home Collection Co., Ltd. (China), Molteni&C (Italy), Quanyou Furniture Co. Ltd (China), Roche Bobois Groupe SA (France), Kartell (Italy) and USM Modular Furniture (Switzerland) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Wardrobe market by Type (Finished and Customized), Application (Residential Use and Commercial Use) and Region.
On the basis of geography, the market of Wardrobe has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Style, the sub-segment i.e. English will boost the Wardrobe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Engineered Woods will boost the Wardrobe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Door Type, the sub-segment i.e. Hinged will boost the Wardrobe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Appearance, the sub-segment i.e. Modern will boost the Wardrobe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Wardrobe Market Dynamics:
Attributes | Details |
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Growth Drivers | - Demand for Easy Storing Clothing
- Customizable Wardrobe to Fit in Any Available Space
- Wardrobe Helps to Increase Overall Décor of Bedroom
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Influencing Trends | - Demand for Easy Storing Clothing
- Customizable Wardrobe to Fit in Any Available Space
- Wardrobe Helps to Increase Overall Décor of Bedroom
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Restraints | - Increasing Raw Material Prices
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Road Blocks / Challenges | - Wooden Wardrobe Getting Damaged by Moisture
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Gaps & Opportunities | - Demand for Easy Storing Clothing
- Customizable Wardrobe to Fit in Any Available Space
- Wardrobe Helps to Increase Overall Décor of Bedroom
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In January 2020, Samsung Launched the Air Dresser Wardrobe in United Kingdom that kills 99.9% of all viruses and can remove dust using power sprays in it.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Product Manufacturers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors of Product, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.