Nightstands Market Report 2024 (Global Edition)

Global Nightstands Market Report 2024 Market Size Split by Type (Wooden Nightstands , Metal Nightstands , Glass Nightstands), by End User (Home , Commercial)

Nightstands Market Report Description

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Competitive Landscape of the Nightstands Market

Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge products, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.

Nightstands industry news

In 2023, Ree Drummond, the Pioneer Woman, just unveiled her newest furniture line in association with Walmart. The furniture in the bright and reasonably priced farmhouse design is mostly mid-teal, though there are some white pieces as well. There are kitchen and bedroom items in the set.

(Source: https://www.thepioneerwoman.com/products/a44214357/the-pioneer-woman-furniture-walmart/)

Top Companies Market Share in Nightstands Industry: (In no particular order of Rank)

• IKEA
• Ashley Furniture Industries
• Steinhoff
• Suofeiya Home Collection
• NITORI
• Sleemon
• La-Z-Boy
• Quanyou Furniture
• Vaughan-Bassett Furniture
• Hooker Furniture
• Sauder Woodworking
• Nolte Group
• Klaussner Home Furnishings
• Markor International Home Furnishings
• Airsprung Group
• Hiep Long Fine Furniture
• Godrej Interio
• Wellemöbel
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of Nightstands

Which Region will dominate the Nightstands Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America holds a prominent position in the bedroom furniture market due to its sophisticated economy and the substantial purchasing power of consumers. The need for creative, high-quality furniture designs and the growing emphasis on locally sourced and sustainable materials determine the dynamics of the market in this region. Leading the way in both online shopping and design innovation are the United States and Canada, home to big names like Ashley Furniture, Wayfair, and Crate & Barrel.

Which is Expanding at the Fastest CAGR?

The Asia Pacific region is witnessing an increase in sales. Numerous important reasons, such as fast urbanization, rising disposable incomes, and a robust manufacturing base, are driving this supremacy. Japan, China, and India are a few nations that significantly contribute to this leadership. The need for bedroom furniture has increased due to the region's large population and expanding middle class, as well as societal trends for home modernization and restoration. An integrated supply chain also helps the Asia-Pacific market by facilitating effective production and distribution.

The current report Scope analyzes Nightstands Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Nightstands Market

According to Cognitive Market Research, the global Nightstands market size was estimated at USD xx Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031. North Americans are spending more money on house improvements as they have more disposable income. Purchasing new furniture, such as nightstands, is part of this. In recent years, home renovation projects have grown in popularity. A portion of this can be attributed to the popularity of television home improvement programs and the expansion of accessible financing sources. Changing the style and atmosphere of a bedroom may be done at a reasonable cost using nightstands. More and more people are relocating to cities. This trend is driving the desire for smaller houses and apartments. In smaller living spaces, nightstands are a space-saving solution for bedrooms.

• According to Cognitive Market Research, the US had a major share in the Nightstands market with a market size of USD xx million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The nightstand market in the US is expected to see continued growth in the coming years, driven by these factors and the overall increase in home improvement spending.
• The Canadian nightstands market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. There is a growing focus on home design in Canada, and nightstands are an important part of completing a bedroom look.
• The Mexico Nightstands market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD xx million in 2024.

Europe Nightstands Market

According to Cognitive Market Research, with a market value of USD xx million in 2024, it is projected to expand at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD xx million. Apartments are getting smaller as more people live in cities. People, therefore, require furniture that is both practical and compact. There is a growing trend of nightstands with integrated charging stations or storage sections. People are willing to spend more money on furniture that expresses their taste as long as their disposable income increases. This is increasing the need for high-quality, stylish nightstands that are available in a range of designs. In Europe, the market for furniture sold online is expanding quickly. People may now purchase nightstands from a greater variety of stores more easily as a result of this.

• The United Kingdom Nightstands market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Consumers in the UK are increasingly looking for stylish and functional furniture to enhance their bedrooms, and nightstands are a popular choice.
• The French nightstands market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD xx million in 2024.
• According to Cognitive Market Research, the German nightstands market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. German consumers are known for their appreciation of quality and sustainability. This is reflected in the demand for nightstands made from high-quality materials and with eco-friendly practices.
• The Italy Nightstands market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD xx million in 2024.
• The Russian nightstands market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD xx million in 2024.
• The Spanish nightstand market is projected to witness growth at a CAGR of 2.6% during the forecast period, with a market size of USD xx million in 2024.
• The Luxembourg Nightstands market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD xx million in 2024.
• The Portugal Nightstands market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD xx million in 2024.
• The Greece Nightstands market is projected to witness growth at a CAGR of 3.8% during the forecast period with a market size of USD xx million in 2024.
• The rest of Europe's Nightstands market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD xx million in 2024.

Asia Pacific Nightstands Market

According to Cognitive Market Research, the global Nightstands market size was estimated at USD xx Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031. Household expenditure is rising in many Asian countries as a result of economic expansion. People are searching for methods to make their bedrooms better now that they have more money to spend on their houses, and one such way is by buying nightstands. Living areas in the Asia Pacific are becoming more compact as cities expand. A fashionable and practical way to add practicality and storage to small bedrooms is using nightstands. The young population in the Asia Pacific area is substantial and still expanding. Usually more design-conscious, this group is prepared to spend money on pieces of furniture that express their tastes.  The proliferation of e-commerce platforms in the Asia Pacific is facilitating consumers' buying of furniture, especially nightstands. This ease of use is propelling industry expansion even more.

• According to Cognitive Market Research, the China Nightstands market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. As Chinese consumers' disposable incomes have risen, they have become more willing to spend money on home furnishings, including nightstands.
• The Japan Nightstands market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD xx million in 2024.
• The India Nightstands market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. People are increasingly working from home and spending more time in their bedrooms. This is creating a demand for nightstands that can be used for multiple purposes, such as working, storing electronics, or displaying decorative items.
• The South Korean nightstands market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD xx million in 2024.
• The Australian nightstands market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD xx million in 2024.
• The South East Asia Nightstands market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of the Asia Pacific Nightstands market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD xx million in 2024.

South America Nightstands Market

According to Cognitive Market Research, the global Nightstands market size was estimated at USD xx Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. Latin America's urban population is growing, which is driving up demand for useful furniture like nightstands that take up little room.  Nightstands are usually a must for optimizing storage and organizing next to the bed in small flats. In Latin America, the middle class is expanding and now has more disposable income for furniture and other luxuries. More fashionable and higher-quality nightstands are in demand as a result of consumers' growing purchasing capacity. Throughout Latin America, there is a growing interest in home décor and interior design. A fashionable and cozy living area is becoming more and more of a priority for people, and nightstands contribute to that look.

• According to Cognitive Market Research, the Brazil Nightstands market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. As people in Brazil have more money to spend, they are likely to invest in more furniture for their homes, including nightstands.
• The Argentina Nightstands market had a market share of USD xx million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Argentinians are increasingly having more money to spend on home goods, including furniture.
• The Colombia Nightstands market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD xx million in 2024.
• The Peru Nightstands market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD xx million in 2024.
• The Chile Nightstands market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD xx million in 2024.
• The rest of the Latin America nightstand market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD xx million in 2024.

 

Middle East and Africa Nightstands Market

According to Cognitive Market Research, the global Nightstands market size was estimated at USD xx Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD xx million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031. In several MEA countries, the middle class is expanding, which is driving up the cost of furniture, particularly nightstands. The need for furniture that saves space is rising as more people live in smaller flats in cities. In small living areas, nightstands can provide both practicality and storage. More money is being spent on furnishing homes with fashionable and comfy furnishings. Nightstands may add style to a bedroom while also offering more storage. In the MEA region, people are starting to appreciate the convenience of purchasing furniture online more and more. This may result in more people having access to nightstands, particularly in places with few physical retailers.

 

• According to Cognitive Market Research, the GCC Countries Nightstands market size was valued at USD xx million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. People in the GCC countries are experiencing a rise in disposable income, which allows them to spend more on home furnishings like nightstands.
• The Egypt Nightstands market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD xx million in 2024.
• The South African nightstands market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD xx million in 2024. South Africans are increasingly design-conscious, with a demand for nightstands that complement their bedroom decor and style.
• The Turkey Nightstands market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD xx million in 2024.
• The Nigeria Nightstands market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD xx million in 2024.
• The Rest of the MEA Nightstands market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD xx million in 2024.

Nightstands Market Analysis

Nightstands Type Segment Analysis

According to Cognitive Market Research, wooden nightstands held the major market share over the forecast period. A timeless and adaptable material for nightstands is wood. It comes in a range of styles, from traditional to modern, and may be painted or stained to complement any décor. Solid wood (such as oak, walnut, or maple) and engineered wood (like MDF or plywood) are common wood kinds for nightstands.

Glass is the fastest-growing category over the forecast period, and glass nightstands can give a bedroom a hint of luxury and beauty. They can also contribute to the feeling of openness in small bedrooms, which makes them an excellent option. Glass nightstands aren't the greatest choice for houses with small children or pets, though, because they can be brittle.

• Wooden Nightstands 
• Metal Nightstands 
• Glass Nightstands

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Nightstands Industry. Request a Free Sample PDF!

Nightstands End User Segment Analysis

According to Cognitive Market Research, homes hold a prominent market share. A fashionable and practical bedroom can be created with nightstands, which are an essential component of home décor. The dimensions of the bedroom, the design of the bed, and the user's requirements should all be taken into account while selecting nightstands. There is bound to be a set of nightstands that are ideal for any home because they are available in a multitude of shapes, sizes, and materials.

The commercial is the fastest-growing category over the forecast period. Nightstand commercials typically highlight the functionality, style, and affordability of the product. They might also showcase how the nightstand complements a particular bedroom style (modern, traditional, etc.). Commercials can be aired on television (during home improvement or lifestyle shows), online (social media platforms), or even in print media (furniture magazines).

• Home 
• Commercial

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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