China Smart Furniture Market

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China Smart Furniture Market by Product Type (Smart Tables & Desks, Smart Stools & Benches, Smart Chairs, and Smart Beds), by End Use (Residential and Commercial), and by Distribution Channel (Online and Offline) – Opportunity Analysis and Industry Forecast, 2024–2030

Industry: ICT & Media | Publish Date: 03-Dec-2024 | No of Pages: 101 | No. of Tables: 71 | No. of Figures: 36 | Format: PDF | Report Code : IC1151

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Market Overview

The China Smart Furniture Market size was valued at USD 291.9 million in 2023, and is expected to reach USD 419.0 million by 2030, with a CAGR of 5.3% from 2024 to 2030. Smart furniture refers to modern furnishings and fixtures designed with embedded technology, sensors, and connectivity features that enhance their functionality, convenience, and usability.

These furniture pieces are equipped to interact with users and adapt to various needs, often through remote control, smartphone apps, or voice-activated virtual assistants. Smart furniture improves comfort, efficiency, and user experience in living, working, or recreational spaces by integrating elements such as adjustable settings, built-in charging capabilities, environmental sensors, and connectivity with other smart devices.

Rising Disposable Income in the Region Fuels the Market Growth

The increasing disposable income per capita is a significant driver behind the growth of the smart furniture industry. As individuals have more disposable income, they are increasingly inclined to invest in smart furniture solutions that offer enhanced comfort, convenience, and efficiency in their homes. The expanding affordability and purchasing power fueled by rising incomes are consequently propelling the demand for smart furniture, boosting the smart furniture market growth in China.

 

Increasing Use of Energy Efficient and Sustainable Smart Furniture Drives the Market Growth

The surge in environmental consciousness has propelled the China smart furniture market trends toward a dual commitment to energy efficiency and sustainability. Manufacturers are incorporating energy-efficient features including LED lighting systems and smart sensors that optimize power consumption based on occupancy, aligning with the global push for reduced energy use. Simultaneously, there is a significant emphasis on the materials used in production, with a growing preference for sustainable options such as recycled or responsibly sourced materials.

 

High Cost and Affordability Issues of Smart Furniture Hinders the Market Growth

The high cost of integrating advanced technology and smart features into furniture represents a significant barrier to entry for many potential buyers, particularly those who are budget-conscious. This cost constraint acts as a limiting factor, hindering the China smart furniture market expansion and accessibility, especially for affordability-driven segments of the population.

Advancement in Home Automation Technology to Create Future Market Prospects

By integrating seamlessly with existing smart home systems, smart furniture becomes user-friendly and versatile for everyone, regardless of technical expertise. This smooth collaboration not only streamlines the user experience and increases the attractiveness of smart homes, but also contributes to energy efficiency, tapping into the growing demand for eco-friendly living. With more user-friendly, stylish, and environmentally conscious options emerging, the China smart furniture market is poised to flourish, adapting to the ever-changing needs of homeowners.

 

Competitive Landscape

Several market players operating in the China smart furniture industry include Inter IKEA Systems BV, Herman Miller, Inc., Steelcase, Inc., Sobro, StoreBound LLC, Seebo Interactive Ltd., Milano Smart Living, Modoola Limited, Hi-Interiors SRL, and Sleep Number Corporation.

China Smart Furniture Market Key Segments

By Product Type    

  • Smart Tables and Desks

  • Smart Stools and Benches

  • Smart Chairs

  • Smart Beds 

By End Use    

  • Residential

  • Commercial 

By Distribution Channel

  • Online

  • Offline

Key Players

  • Inter IKEA Systems BV

  • Herman Miller, Inc.

  • Steelcase, Inc.

  • Sobro

  • StoreBound LLC

  • Seebo Interactive Ltd.

  • Milano Smart Living

  • Modoola Limited

  • Hi-Interiors SRL

  • Sleep Number Corporation

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 291.9 Million

Revenue Forecast in 2030

USD 419.0 Million

Growth Rate

CAGR of 5.3% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

Rising disposable income in the region fuels the market growth.

Increasing Use of Energy Efficient and Sustainable Smart Furniture drives the market growth.

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Bar chart Pie chart Pie chart

Frequently Asked Questions

The key market players operating in the China smart furniture market are Inter IKEA Systems BV, Herman Miller, Inc., Steelcase, Inc., Sobro, StoreBound LLC, Seebo Interactive Ltd., Milano Smart Living, Modoola Limited, Hi-Interiors SRL, and Sleep Number Corporation.

According to the Next Move Strategy Consulting, the size of the China smart furniture market is estimated to be at USD 419.0 million in 2030.

China smart furniture market is advancing into the future with seamless integration into the Internet of Things (IoT), providing heightened personalization, sustainability, and improved functionality for a connected and eco-friendly lifestyle.

One of the key challenges in the China smart furniture industry is high costs and affordability issues.

According to the Next Move Strategy Consulting, the size of the China smart furniture market is estimated at USD 291.9 million in 2023.

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