Furniture Industry Statistics 2019

Revenue in the Furniture market amounts to US$233,037m in 2020. The market is expected to grow annually by 4.3% (CAGR 2020-2023). We review the recent development of, and outlook for, the $114 billion US furniture retail market.

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The Furniture market centers on different movable.

Furniture industry statistics 2019. Furniture retail in the United States is a very important aspect for the country's economy. The furniture industry in India employs a total of around 300,000 workers and the total production of furniture in 2001-02 was USD 3580 million. With the rising number of individuals owing homes, especially in developing countries like United States, the home decor market is on a rise globally.

2019 Furniture Industry Trend Guide.. In the year 2006, the Indian furniture industry was estimated at around Rs 35,000 crores. Ports Authority President and CEO Jim Newsome.

Why the EU furniture industry is important. Furniture Expo will take place here March 16-17.

According to the US Census Bureau, there are approximately over 87,000 establishments bringing in annual revenue of $120 million a year and employing more than 500,000 employees. The global home goods industry refers to the manufacture, distribution and retail of home furniture. Find the most up-to-date industry trends, top 10 lists and industry information to help you create better sales and marketing strategy plans, know what markets to enter or avoid, and to guide a variety of business decisions.

Additionally, easy availability of furniture in various regions through the online platform is influencing the. An overview of the world furniture industry, with current data for the furniture consumption and 2019-2020 furniture market forecasts in large markets, introduces the study. Choosing the right pieces–either custom-made or West Elm–can elevate your entire home aesthetic.

The global furniture market is projected to grow at the rate of 5.2% during the forecast period 2018 to 2023. Furniture Industry Statistics The furniture industry is broken down into retail stores, office furniture merchants, warehouse showrooms, and specialty furniture. Growing brand consciousness and increasing expenditure for furniture goods among millennial is supporting the market growth from last few years.