Furniture Market Us

Additionally, easy availability of furniture in various regions through the online platform is influencing the. Development of multi-functional furniture coupled with adoption of online retailing methods in order to reduce the operating expenses involved in sales and distribution are anticipated to poise development in the industry through to 2025 The global market for furniture stood at US$ 491.2 Bn in 2017 and expected to reach US$ 726.7 Bn by 2026, expanding at a CAGR of 4.6% during the forecast period from 2018 to 2026.

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The global furniture market is projected to grow at the rate of 5.2% during the forecast period 2018 to 2023.

Furniture market us. The real estate industry in the US is expected to drive the home furniture market for few years. Market Shares of Sales Channels. Revenue in the Furniture market amounts to US$233,037m in 2020.

By type, the market is segmented into Metal Furniture, Plastic Furniture, and Wood Furniture. 2082 Hwy 183, Suite #120 Leander, TX 78641. Furniture and home furnishings store sales in the United States from 1992 to 2018 Home furnishings store sales in the United States from 1992 to 2018 Market size of the U.S.

Currently, China is the largest market, followed by the United States and Germany. We review the recent development of, and outlook for, the $114 billion US furniture retail market. Top upholstered furniture importing countries.

Not valid at the Tracy, CA outlet store. The global outdoor furniture market is segmented on the basis of type, application, and geography. The global Furniture market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028.

The report covers the market landscape and. Independent Furniture Retailers – 15% 3. The Furniture market centers on different movable.

The worldwide market for Outdoor Furniture Market is expected to grow at a CAGR of roughly x.x% over the next ten years, and will reach US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018, according to a new Market.us (Prudour Research) study. Ports Authority President and CEO Jim Newsome. The US furniture industry has been on a steady growth curve driven by a strong economy, with consumer spending on furniture reaching $114.2 billion in 2018, up 6.7%, according to the US Bureau of Economic Analysis (BEA).