Adjustable Drafting Table Market - Global Industry Analysis 2015 - 2019 and Opportunity Assessment 2020 - 2030


Adjustable Drafting Table  Market
  • To Be Published : Dec-2020 |
  • Status : Work in progress |
  • Format : Adjustable Drafting Table  Market Adjustable Drafting Table  Market Adjustable Drafting Table  Market Adjustable Drafting Table  Market

Drafting tables adjustable for height are an essential requirement for professionals like architects, cartographers, fashion designers and cartoonists. They are also used by various other types of designers like interior designers and film-set designers, besides also painters, students of fine arts and civil engineers.

Despite the advent of digital designing tools, drafting tables have remained important since they offer a direct interface between the creator’s cognitive process and the end result. Simultaneously, they have also found non-professional recreational use among high-income groups across the globe.

Competition Landscape

Tough there a select few truly global-scale players in the adjustable drafting table market, the competition landscape for the market gets fragmented at the regional and local levels due to a plethora of local manufacturers who enjoy benefits such as favourable tariff regimes and cheaper access to raw materials and labour.

Key major players in the adjustable drafting table market include Studio Design Store, ZENY, Stand Up Desk Store, MEEDEN Store, Coaster, Martin Store and Flash Furniture Store.

Manufacturers of adjustable drafting tables have been focussing on making drafting tables that are lighter (and hence more portable), easy to adjust and more compact so that they occupy lesser space in homes and offices. In keeping with these trends, foldable drafting tables are also gaining popularity.

Certain manufacturers have also focussed on adding a degree of novelty to their products. For example, Studio Design Store’s Studio Design Folding Modern Glass Top Adjustable Drafting Table and Martin Store’s Martin X-Factor Drawing and Hobby Table come with glass tops.

At the same time, manufacturers have also not forsaken traditional designs and styles. Studio Design Store’s Vintage Rustic Oak Drafting Table and MEEDEN Store’s MEEDEN Solid Wood Drafting Table (which uses pinewood) are two such classical products.

In terms of distribution channels, the online segment has been seeing consistent growth. This provides an avenue for key global players to enter regional markets. Given their inability to compete with local manufacturers, these players have opted to promote high-quality products in an attempt to increase their market share.

Drivers of the Adjustable Drafting Table Market

Economic growth across various sectors has increased the number of professionals who require adjustable drafting table for day-to-day work. This growth has also resulted in growing disposable incomes, which has further spurred the market in the recreational segment.

Impact of Covid-19

The Covid-19 pandemic has spurred a work from home culture, which has made it an imperative for professional users of adjustable drafting tables to purchase drafting tables to be kept in their homes. The impact of this has already been seen by an uptick in sales of drafting tables.

The persistence of work from home regulations in certain countries and the growing realisation that it is an effective way to achieve results is likely to spur the market in the coming years. However, the economic downturn as a result of the pandemic will reduce disposable incomes, which may negatively affect the recreational segment of the adjustable drafting table market.

Region-Wise Analysis

The North American regional segment has dominated the adjustable drafting table market across the industrial, commercial and recreational sectors. Europe is the other large regional segment for the market. The presence of key global players in these regions has also meant that top-level competition is intense.

The East Asian regional segment has seen consistent growth, especially in the industrial and commercial sectors. This growth has been led by China, though the Tiger economies continue to enjoy a significant market share as well. The South Asian market has seen the fastest growth, led by India and Southeast Asian nations. However, the presence of several local players has led to market fragmentation.

Latin America, especially emerging economies like Brazil and Mexico, has also seen consistent market growth. Middle East and Oceania are the other important regional segments for the market.  

Segmentation:

The adjustable drafting table market can be segmented based on the following:

By Application:

  • Industrial Use
  • Commercial Use
  • Household Use

By distribution channel:

  • Offline
  • Online

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2015 - 2019
  • Market Size & Forecast 2020 to 2030
  • Supply & Demand Value Chain
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Market Drivers and Restraints

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

 Report highlights:

  • Shifting industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size
  • Recent industry trends
  • Key competition landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Report Highlights

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Adjustable Drafting Table Market

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