Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Furniture Bolts market in this environment.
In terms of revenue, this research report indicated that the global Furniture Bolts market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Furniture Bolts industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ?Steelcase aims at producing XX Furniture Bolts in 2020, with XX % production to take place in global market, ? ? Herman Miller accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Furniture Bolts Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Furniture Bolts Market?
Steelcase
Herman Miller
Haworth
HNI Corporation
Okamura Corporation
Global Group
KI
Teknion
Knoll
Kinnarps Holding
Kimball Office
Kokuyo
ITOKI
...
Major Type of Furniture Bolts Covered in XYZResearch report:
Type I
Type II
Application Segments Covered in XYZResearch Market
Application 1
Application 2
Application 3
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Table of Contents
Global Furniture Bolts Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Type I -Product Introduction and Major Manufacturers
1.1.2 Type II -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Furniture Bolts Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Furniture Bolts Market
3.1.1 Top Companies leading Furniture Bolts Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Furniture Bolts Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Furniture Bolts Market
3.2.1 Top Companies leading Furniture Bolts Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Furniture Bolts Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Furniture Bolts Market
3.3.1 Top Companies leading Furniture Bolts Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Furniture Bolts Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Furniture Bolts Market
3.4.1 Top Companies leading Furniture Bolts Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Furniture Bolts Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Furniture Bolts Market
3.5.1 Top Companies leading Furniture Bolts Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Furniture Bolts Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Furniture Bolts Market
3.6.1 Top Companies leading Furniture Bolts Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Furniture Bolts Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Furniture Bolts Market
3.7.1 Top Companies leading Furniture Bolts Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Furniture Bolts Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Furniture Bolts Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Furniture Bolts Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Furniture Bolts Sales and Growth Rate (2021-2026)
5.2 Global Furniture Bolts Sales Value and Growth Rate (2021-2026)
6 Furniture Bolts Competitive Analysis
6.1 Steelcase
6.1.1 Steelcase Company Profiles
6.1.2 Steelcase Product Introduction
6.1.3 Steelcase Furniture Bolts Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Herman Miller
6.2.1 Herman Miller Company Profiles
6.2.2 Herman Miller Product Introduction
6.2.3 Herman Miller Furniture Bolts Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Haworth
6.3.1 Haworth Company Profiles
6.3.2 Haworth Product Introduction
6.3.3 Haworth Furniture Bolts Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 HNI Corporation
6.4.1 HNI Corporation Company Profiles
6.4.2 HNI Corporation Product Introduction
6.4.3 HNI Corporation Furniture Bolts Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Okamura Corporation
6.5.1 Okamura Corporation Company Profiles
6.5.2 Okamura Corporation Product Introduction
6.5.3 Okamura Corporation Furniture Bolts Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Global Group
6.6.1 Global Group Company Profiles
6.6.2 Global Group Product Introduction
6.6.3 Global Group Furniture Bolts Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 KI
6.7.1 KI Company Profiles
6.7.2 KI Product Introduction
6.7.3 KI Furniture Bolts Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Teknion
6.8.1 Teknion Company Profiles
6.8.2 Teknion Product Introduction
6.8.3 Teknion Furniture Bolts Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Knoll
6.9.1 Knoll Company Profiles
6.9.2 Knoll Product Introduction
6.9.3 Knoll Furniture Bolts Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Kinnarps Holding
6.10.1 Kinnarps Holding Company Profiles
6.10.2 Kinnarps Holding Product Introduction
6.10.3 Kinnarps Holding Furniture Bolts Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Kimball Office
6.12 Kokuyo
6.13 ITOKI
7 Conclusion
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