Press release
Floating Shelves Market to Reach $2.02 Billion by 2030, Growing at a 7.7% CAGR
The ๐ ๐ฅ๐จ๐๐ญ๐ข๐ง๐ ๐๐ก๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ was valued at USD 1.2 billion in 2023 and is projected to grow to USD 2.02 billion by 2030, registering a robust CAGR of 7.7% during the forecast period. This growth is driven by the increasing demand for innovative and space-saving storage solutions in residential and commercial applications, as well as the rise in DIY and customizable product trends.๐ ๐ฅ๐จ๐๐ญ๐ข๐ง๐ ๐๐ก๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Floating shelves are sleek, modern storage solutions designed to provide a seamless "floating" appearance without visible brackets or supports. Mounted on walls using hidden mechanisms, they offer an ideal mix of functionality and style, suitable for storing and displaying books, plants, pictures, and other decorative items. Manufactured from a variety of materials such as wood, glass, and metal, they cater to a range of interior styles, from minimalist to rustic designs. Their compact and space-saving features make them popular choices for small spaces like kitchens, bathrooms, and living rooms. The growing preference for contemporary interiors and efficient use of space is significantly boosting the demand for floating shelves globally.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Floating-Shelves-Market/2127
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐ญ๐ข๐ง๐ ๐๐ก๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The growth of the Floating Shelves Market is driven by the rising demand for aesthetically pleasing and space-efficient storage solutions in both residential and commercial sectors. Urbanization and the trend of smaller living spaces have created a strong demand for compact and stylish furniture. Diverse material options, including wood, glass, and metal, cater to various interior styles, enhancing market appeal. E-commerce platforms have also expanded consumer access to floating shelf designs and price ranges, while innovations in modular and customizable shelves further drive growth. Additionally, the increasing inclination towards DIY home improvement projects has led to a rise in demand for easy-to-install products.
๐ ๐ฅ๐จ๐๐ญ๐ข๐ง๐ ๐๐ก๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Sustainability and Eco-Friendly Products Gaining Traction
The market is witnessing a growing emphasis on environmentally friendly floating shelves made from sustainable materials such as bamboo, reclaimed wood, and recycled components. These eco-conscious products cater to consumers prioritizing sustainability and reducing environmental impact. Manufacturers are investing in research and development to offer durable and long-lasting products, incorporating green manufacturing processes. For example, companies like Shelfology focus on sustainable designs, offering floating shelves with natural wood finishes and eco-friendly hardware. The increasing demand for such sustainable options is especially evident in environmentally conscious regions like Europe, driving market growth and innovation.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/Floating-Shelves-Market/2127
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐ญ๐ข๐ง๐ ๐๐ก๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's floating shelves market is growing rapidly as urbanization fuels demand for space-saving furniture. Companies like IKEA are introducing affordable, stylish shelving options tailored to the needs of Vietnamese consumers. The rise in residential construction projects further bolsters market growth.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's floating shelves market is driven by a growing interest in contemporary interior designs and eco-friendly materials. HomePro has launched innovative shelving units made from sustainable wood and composite materials. Government initiatives to promote green building materials support market growth.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's floating shelves market is characterized by a preference for high-quality, space-efficient furniture. Companies like Muji are leading the way with sleek, minimalist shelving solutions that cater to small living spaces. The integration of smart home features into shelving units presents significant opportunities for innovation.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's floating shelves market is seeing increasing consolidation as leading brands and retailers collaborate to meet consumer demand. Companies like Hanssem are expanding their product lines and forming partnerships with interior design firms. The popularity of modular shelving systems drives market trends.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's floating shelves market benefits from a highly urbanized population and a strong focus on interior aesthetics. Companies like FortyTwo are introducing customizable shelving solutions that appeal to design-conscious consumers. The government's emphasis on quality and safety standards further supports market growth.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US remains a dominant market for floating shelves, driven by a growing focus on home organization and DIY-friendly products. Companies like The Container Store and Wayfair are leading the market with a wide range of customizable shelving options. The rise of e-commerce platforms enhances consumer accessibility and boosts sales.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's floating shelves market is shaped by stringent quality regulations and a strong emphasis on sustainable materials. Companies like Hettich and Vauth-Sagel are innovating with eco-friendly shelving products that meet high design standards. The rise of online furniture retailers supports continuous growth.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
IKEA expanded its product offerings in Vietnam, introducing new eco-friendly shelving options.
HomePro launched a sustainable shelving line in Thailand, supporting government green initiatives.
Muji unveiled a smart shelving system in Japan, integrating lighting and storage solutions.
Hanssem partnered with local design firms in South Korea to develop modular shelving units.
The Container Store introduced new customization tools for its floating shelves in the US.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/Floating-Shelves-Market/2127
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐ญ๐ข๐ง๐ ๐๐ก๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
By Material Type
Wood
Glass
Metal
Others
By Application
Commercial
Residential
By Distribution Channel
Online
Offline
Others
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Floating-Shelves-Market/2127
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐ ๐ฅ๐จ๐๐ญ๐ข๐ง๐ ๐๐ก๐๐ฅ๐ฏ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
North America:
Wayfair (USA)
Dolle Shelving (USA)
Rubbermaid (USA)
Shelving Inc. (USA)
The Container Store (USA)
Europe:
IKEA (Sweden)
String Furniture (Sweden)
Kartell (Italy)
Vitsoe (UK)
Muuto (Denmark)
Asia Pacific:
Nitori (Japan)
MUJI (Japan)
Godrej Interio ( India)
HOLA Home Furnishing (Taiwan)
Bunnings Warehouse (Australia)
Middle East & Africa (MEA):
Home Centre (UAE)
Danube Home (UAE)
Al-Futtaim ACE (UAE )
Mr. Price Home (South Africa )
South America:
Tok&Stok (Brazil)
Etna (Brazil)
Mobly (Brazil)
Falabella (Chile)
Homy (Chile)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
โฆ FMCG Packaging Market https://www.stellarmr.com/report/FMCG-Packaging-Market/1154
โฆ Functional Food Ingredients Market https://www.stellarmr.com/report/Functional-Food-Ingredients-Market/1156
โฆ Green Coffee Market https://www.stellarmr.com/report/Green-Coffee-Market/1165
โฆ Ice Cream Market https://www.stellarmr.com/report/Ice-Cream-Market/1168
โฆ Luxury Car Market https://www.stellarmr.com/report/Luxury-Car-Market/1182
โฆ Luxury Hotel Market https://www.stellarmr.com/report/Luxury-Hotel-Market/1183
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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