Console Table Market Synopsis
Console Table Market Size Was Valued at USD 6.76 Billion in 2023, and is Projected to Reach USD 11.14 Billion by 2032, Growing at a CAGR of 5.7% From 2024-2032.
A console table is a long and thin table that is used as a hall table, sofa table or sometimes referred to as a cabinet table. Usually, it is located at a height of approximately the height of a human waist and is both practical and ornamental.
- Consol tables were developed from French furniture design, the word ‘console’ is derived from the fact that the table was originally fixed to the wall using a ‘console’ or bracket. Today they are free-standing, have four legs or a pedestal base, and are considered to be functional furniture items that can be used in any interior design.
- Console tables are used in the hall as it offers a surface for keys, letters, flowers, paintings among other items. In living rooms, they can be located behind sofas to store lamps, photo frames, and other items that may be required to complement the appearance of a room. Furthermore, console tables can also be placed in dining areas where they act as buffet tables or in the bedroom where they serve as attractive vanity tables. Due to this, they are suitable for small spaces, and they can provide functionality to the room without taking up much space.
- Console tables come in different designs and types of material depending on the preference and the theme of the interior design. It can be made of wood, metal, glass, or a combination of these materials; they can have a rustic country look or a more contemporary look. Some console tables have built-in drawers or shelves for extra storage space, others are rather plain with straight lines and uncomplicated designs. Whether for storage, for display or as an object in itself, console tables contribute to the look and functionality of a space.
Console Table Market Trend Analysis
Material Innovation
- The focus on the material is changing the appearance and performance of console tables, thus creating new opportunities in this sector. Wood and metals have been the conventional materials and these are being used now with modern look, new treatments, and environmentally friendly sources.
- For example, the integration of recycled timber not only provides an aesthetic value as it gives a natural and raw look but it also targets conservationist consumers. Metal finishes are gradually evolving to give more choices as far as brushed gold, matte black, and rose gold are concerned. These innovations are making it possible for designers to build console tables that can fit into different interior design concepts such as industrial, minimalism among others.
- There is also a focus on the use of non-conventional materials that are innovative and have not been used before in the designing process. For instance, epoxy resin tables have become fashionable as they are almost artistic in terms of design, which enables them to incorporate the use of bright colors, beautiful patterns, and even inserts such as stones or shells. Another material that is on the rise is the concrete that has become popular for its raw and rugged look and feel, and can be paired with metal or wood for a stark difference. These new materials are not just for show; they also bring other advantages like increased durability, low maintenance, and better usability.
- Another factor that has played a very important role in the development of the console table is sustainability. Customers are getting more conscious of their environmental impact, and as a result, are forcing manufacturers to look for environmentally friendly raw materials and processes. One of the materials, which is increasingly being applied, is bamboo, as it is a renewable material and has high strength and versatility.
- Also, new materials have been developed to include engineered woods and recycled plastics, which offer better solutions to the problems raised by the use of natural resources while at the same time offering improved product quality. These sustainable innovations address the increasing niche that seeks to incorporate both aesthetic and sustainability aspects when purchasing console tables, guaranteeing that the furniture is not only attractive and useful but also created sustainably.
The growing popularity of online furniture shopping
- The Console Table Market is set to grow at a fast pace due to the increase in online furniture sales since it has proven to be convenient and offers a wide range of options. With the growth of the internet as a source of furniture, console tables are now being advertised as valuable pieces that can be used to upgrade any home.
- The ability to search for products, compare prices, and read the opinions of other customers provides consumers with more control over their purchases from the comfort of their homes, which will increase the popularity of these elegant and practical tables. E-commerce also helps firms to expand their market share since they are not limited by the outlet spaces as in the case of physical shops.
- Furthermore, the analysis of the online shopping behavior gives evidence that not only are people in need of practical furniture but fashionable and stylish furniture as well. Console tables which range from the plain to the highly decorated are suitable for different preferences. Since such retailers can provide high-quality images of the items, detailed descriptions of the products, and even virtual staging of the console tables, they can effectively sell the aesthetic and practical values of the console tables.
- Also, the availability of social networks and blogs with interior design related photographs and ideas has helped consumers to find more ways and opportunities to use console tables in their homes thus increasing the demand for them.
- Moreover, the convenience of receiving home delivery and returning the products make the purchase of large furniture like console tables more acceptable. Retailers can provide additional services of delivery and other post-purchase services in order to improve the consumption experience. T
- his way, by using technologies such as AR, the customer can see how a console table will fit into the space and derive more confidence and satisfaction. The increase in the use of the internet to sell furniture therefore means that the Console Table Market has a good opportunity to grow and to come up with new products to meet the market demand in the furniture industry.
Console Table Market Segment Analysis:
Console Table Market Segmented on the basis of Type and Application.
By Type, Wooden segment is expected to dominate the market during the forecast period
- The wooden segment is normally more dominant in the console table market and there are several factors that may explain this factor. Firstly, wooden console tables are preferred because of their versatility and the ability to seamlessly fit them into any interior design. They can enhance any interior design, ranging from classic to the contemporary and are considered more hard-wearing than other materials. This durability factor is important especially for those people who are in the market in search of furniture that will be able to endure the daily use.
- The versatility of the wood means there is a variety of types of wood that can be used such as oak, walnut, mahogany and so on, which enables the range of designs and finishes to be adapted to the consumers. Whether one wants to achieve a country-style look or a modern minimalist style, wooden console tables can be custom made to suit the style and usage.
- It is possible to note that wooden console tables are relatively cheap in comparison with their advantages. It is a common knowledge that furniture made from solid wood can be more costly than that made from less expensive materials, yet people consider it as a worthwhile investment since such pieces of furniture are long-lasting and can also set the mood in a living room. Further, wooden furniture is considered to be more personal and has a touch of artistry that is likely to attract consumers who are interested in products that are made by hand.
- On the other hand, metal and marble console tables are limited to specific target markets because they have their own respective style and utility. Some people may opt for metal console tables because of its industrial or modern appearance while others may opt for marble console tables because of the richness associated with the material. However, these segments are usually less significant as compared to the wooden console tables, which are more versatile and can be incorporated into various styles of interiors in North America.
By Application, Home segment expected to held the largest share
- The home application segment often leads the console table market for several reasons as will be explained below. Firstly, console tables have been known to be used in homes as decorative items as well as furniture for storage. They are used as decorative elements at the entrance, a way to store items in the hall, or as an element that becomes the focus in the living room, thereby increasing the home’s appeal. They are very useful in interior design since they can be used to meet the diverse needs of homeowners who want to make their homes as comfortable as possible.
- The increase in home improvement and interior design projects is a major factor that increases the need for console tables in homes. Consumers are also going for furniture that is not just utilitarian but also adds value to the aesthetics of the home. Console tables are ideal for this criterion since they are both beautiful and functional, and align with the desires of homeowners to design welcoming and orderly living spaces.
- The level of customization that customers can access in the residential console table market strengthens this segment even more. The designs, sizes, materials, and finishes offered by the companies are numerous to allow consumers to meet their specific home decor needs. Such versatility in customization makes console tables easily to fit in different rooms and contexts in a house from an apartment to a big house.
- Similarly, console tables are also used in commercial places such as hotels, offices, and retail stores, but here it is used in a limited and selective manner depending on the interior design theme or the utility required. The greater consumer reach and versatility of residential segment is another reason why this segment is dominant in console table market in North America.
Console Table Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America is the largest market for console tables owing to several factors that influence consumer trends and market trends in the region. First of all, North America has developed furniture industry with a long history of home furniture and interior design. These cultural values give a boost to the console table consumption as they are used for both utility and aesthetics in homes.
- The region has well-developed retail facilities and a well-developed e-commerce market that has already passed the stage of growth. Consumers are able to easily get different designs of console tables from the physical stores as well as from the internet. This makes it easier for the consumers to make their choices and purchases which in turn boosts market growth.
- The trends and preferences in the design of furniture in North America are diverse, but primarily, they focus on the functionality of the product, its universality, and the use of modern design solutions. Console tables, which can be used as a storage for keys and other small items, as a display for accessories or pictures, or even as a temporary office space, correspond to these tendencies. This is because manufacturers and retailers in North America have learned to provide consumers with a wide variety of console table designs that fit into different consumer preferences and interior designs.
- Therefore, the market for console tables in North America is well established due to cultural preferences, strong retail networks, and consumers’ trend towards elegant and functional furniture pieces. All these aspects put together make a conducive market for console tables as they are essential in interior design and practical home organization.
Active Key Players in the Console Table Market
- Ashley Furniture Industries (USA)
- B&B Italia S.p.A. (Italy)
- Flexsteel Industries, Inc. (USA)
- Godrej & Boyce Manufacturing Co. Ltd. (India)
- Haworth, Inc. (USA)
- Herman Miller, Inc. (USA)
- HNI Corporation (USA)
- Hooker Furniture Corporation (USA)
- Hülsta-Werke Hüls GmbH & Co. KG (Germany)
- IKEA (Sweden)
- Kimball International (USA)
- KOKUYO Co., Ltd. (Japan)
- La-Z-Boy Incorporated (USA)
- Leggett & Platt, Incorporated (USA)
- Okamura Corporation (Japan)
- Poltrona Frau S.p.A. (Italy)
- Steelcase Inc. (USA)
- Vitra International AG (Switzerland)
- Wayfair Inc. (USA)
- Williams-Sonoma, Inc. (USA)
- Other Key Players
Global Console Table Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 6.76 Bn. |
Forecast Period 2024-32 CAGR: |
5.7% |
Market Size in 2032: |
USD 11.14 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Console Table Market by Type
4.1 Console Table Market Snapshot and Growth Engine
4.2 Console Table Market Overview
4.3 Wooden
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Wooden: Geographic Segmentation Analysis
4.4 Metal
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Metal: Geographic Segmentation Analysis
4.5 Marble
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Marble: Geographic Segmentation Analysis
Chapter 5: Console Table Market by Application
5.1 Console Table Market Snapshot and Growth Engine
5.2 Console Table Market Overview
5.3 Home
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Home: Geographic Segmentation Analysis
5.4 Commercial
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Commercial: Geographic Segmentation Analysis
5.5 Others
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Others: Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Console Table Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 ASHLEY FURNITURE INDUSTRIES (USA)
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 B&B ITALIA SPA (ITALY)
6.4 FLEXSTEEL INDUSTRIES INC (USA)
6.5 GODREJ & BOYCE MANUFACTURING CO LTD (INDIA)
6.6 HAWORTH INC (USA)
6.7 HERMAN MILLER INC (USA)
6.8 HNI CORPORATION (USA)
6.9 HOOKER FURNITURE CORPORATION (USA)
6.10 HÜLSTA-WERKE HÜLS GMBH & CO KG (GERMANY)
6.11 IKEA (SWEDEN)
6.12 KIMBALL INTERNATIONAL (USA)
6.13 KOKUYO CO LTD (JAPAN)
6.14 LA-Z-BOY INCORPORATED (USA)
6.15 LEGGETT & PLATT
6.16 INCORPORATED (USA)
6.17 OKAMURA CORPORATION (JAPAN)
6.18 POLTRONA FRAU S.P.A. (ITALY)
6.19 STEELCASE INC. (USA)
6.20 VITRA INTERNATIONAL AG (SWITZERLAND)
6.21 WAYFAIR INC. (USA)
6.22 WILLIAMS-SONOMA
6.23 INC. (USA)
6.24 OTHER KEY PLAYERS
Chapter 7: Global Console Table Market By Region
7.1 Overview
7.2. North America Console Table Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Type
7.2.4.1 Wooden
7.2.4.2 Metal
7.2.4.3 Marble
7.2.5 Historic and Forecasted Market Size By Application
7.2.5.1 Home
7.2.5.2 Commercial
7.2.5.3 Others
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Console Table Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Type
7.3.4.1 Wooden
7.3.4.2 Metal
7.3.4.3 Marble
7.3.5 Historic and Forecasted Market Size By Application
7.3.5.1 Home
7.3.5.2 Commercial
7.3.5.3 Others
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Bulgaria
7.3.6.2 The Czech Republic
7.3.6.3 Hungary
7.3.6.4 Poland
7.3.6.5 Romania
7.3.6.6 Rest of Eastern Europe
7.4. Western Europe Console Table Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Type
7.4.4.1 Wooden
7.4.4.2 Metal
7.4.4.3 Marble
7.4.5 Historic and Forecasted Market Size By Application
7.4.5.1 Home
7.4.5.2 Commercial
7.4.5.3 Others
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 Netherlands
7.4.6.5 Italy
7.4.6.6 Russia
7.4.6.7 Spain
7.4.6.8 Rest of Western Europe
7.5. Asia Pacific Console Table Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Type
7.5.4.1 Wooden
7.5.4.2 Metal
7.5.4.3 Marble
7.5.5 Historic and Forecasted Market Size By Application
7.5.5.1 Home
7.5.5.2 Commercial
7.5.5.3 Others
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Console Table Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Type
7.6.4.1 Wooden
7.6.4.2 Metal
7.6.4.3 Marble
7.6.5 Historic and Forecasted Market Size By Application
7.6.5.1 Home
7.6.5.2 Commercial
7.6.5.3 Others
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkey
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Console Table Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Type
7.7.4.1 Wooden
7.7.4.2 Metal
7.7.4.3 Marble
7.7.5 Historic and Forecasted Market Size By Application
7.7.5.1 Home
7.7.5.2 Commercial
7.7.5.3 Others
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
Global Console Table Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 6.76 Bn. |
Forecast Period 2024-32 CAGR: |
5.7% |
Market Size in 2032: |
USD 11.14 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Console Table Market research report is 2024-2032.
Ashley Furniture Industries (USA), B&B Italia S.p.A. (Italy), Flexsteel Industries, Inc. (USA), Godrej & Boyce Manufacturing Co. Ltd. (India), Haworth, Inc. (USA), Herman Miller, Inc. (USA), HNI Corporation (USA), Hooker Furniture Corporation (USA), Hülsta-Werke Hüls GmbH & Co. KG (Germany), IKEA (Sweden), Kimball International (USA), KOKUYO Co., Ltd. (Japan), La-Z-Boy Incorporated (USA), Leggett & Platt, Incorporated (USA), Okamura Corporation (Japan), Poltrona Frau S.p.A. (Italy), Steelcase Inc. (USA), Vitra International AG (Switzerland), Wayfair Inc. (USA), Williams-Sonoma, Inc. (USA), and Other Major Players.
The Console Table Market is segmented into Type, Applications, and region. By Type, the market is categorized into Wooden, Metal, and Marble. By Applications, the market is categorized into Home, Commercial, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A console table is a long and usually high table to be positioned against a wall, with legs or support at the front side and sometimes with drawers or shelves for storage. It can be used for both utility and display across different areas of the home, including front and back doors, corridors, living rooms, and dining rooms. Console tables are usually made of wood, metal, glass, and marble and are considered useful as they not only serve utilitarian purposes but also contribute to the aesthetic of interior design.
Console Table Market Size Was Valued at USD 6.76 Billion in 2023, and is Projected to Reach USD 11.14 Billion by 2032, Growing at a CAGR of 5.7% From 2024-2032.