Furniture Industry Statistics 2019

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. This brings revenue of the furniture market to $304,270M in 2018. 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.

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Furniture industry statistics 2019. Furniture Industry Statistics The furniture industry is broken down into retail stores, office furniture merchants, warehouse showrooms, and specialty furniture. Outdoor Furniture Manufacturing in the US industry trends (2014-2019) Outdoor Furniture Manufacturing in the US industry outlook (2019-2024) poll Average industry growth 2019-2024 : IBISWorld is a leader in global industry research and we’re known for our breadth and depth of trusted data and analysis.

Furniture Expo will take place here March 16-17. The global home goods industry refers to the manufacture, distribution and retail of home furniture. Press Release Wood Furniture Market 2019 Industry Demand, Share, Global Trend, Industry News, Business Growth, Top Key Players Update, Business Statistics and Research Methodology by Forecast to 2025

In the year 2006, the Indian furniture industry was estimated at around Rs 35,000 crores. Additionally, easy availability of furniture in various regions through the online platform is influencing the. (Statista) According to Digiday, retail growth has been positively influenced by innovative fulfillment methods and restructured store formats.

Due to fast changing lifestyle and rise in a number of house possessions, US home decor market is experiencing the highest growth with the market share of 68.1% in 2017 in the North America Region. This is a change of -58.71% from last month and -66.50% from one year ago. 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).

2020 NIWA Expo takes place 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. US Furniture and Home Furnishings Store Sales is at a current level of 3.301B, down from 7.994B last month and down from 9.853B one year ago.

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. Read on to learn more about the top trends that are shaping the furniture industry.