Furniture Industry Statistics

Get more details on this report - Request Free Sample PDF Global furniture market is anticipated to gain high momentum in the projected time frame supported by growing infrastructural investments and economic growth of various developing nations. Revenue in the Furniture market amounts to US$233,037m in 2020. Expansion and developments in real estate industry, have supplemented the growth of world home decor market.

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With the growth of millennial consumers buying furniture, U.S.

Furniture industry statistics. 5 Top Trends in the Furniture Industry. Additionally, easy availability of furniture in various regions through the online platform is influencing the. The furniture manufacturing industry exhibited steady growth between 2011 and 2015.

Industry market size for Furniture Stores: The Furniture market centers on different movable. All those pieces of furniture require enormous amounts of trees, cotton and other materials.

Economy in recent years. According to the report, the global furniture market was valued at around USD 331.21 billion in 2017 and is expected to reach approximately USD 472.30 billion by 2024, growing at a CAGR of around. Market Size & Industry Statistics.

Furniture offers different solutions such as seating, sleeping, dining, and storage function. In fact, the U.S. Furniture manufacturing is one of the top.

Furniture Market Size was over USD 575 billion in 2018 and will witness a CAGR around 5 % between 2019 and 2026.. About 12% of designs registered in the European Union Intellectual Property Office relate to this sector;; The global furniture market is projected to grow at the rate of 5.2% during the forecast period 2018 to 2023.

Global furniture market expected to reach approximately USD 472.30 billion by 2024, growing at a CAGR of around 5.2% between 2018 and 2024. High-end segment - the EU is a world leader. Shipments increased at an average annual rate of 3.7% since 2011, reaching $11.6 billion in 2015.