Furniture Industry Trends

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. Compared to other large furniture exporters in the world, Vietnam’s furniture industry holds production advantages, in terms of potential to expand its global market share. New homes drive increased demand for furniture and home decor.

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Furniture industry trends. And as millennials that have yet to leave the nest continue to age and save more, that generation is due to enter the real-estate market and provide an opportunity to capitalize on. Complete information source for the furniture industry featuring retailer and manufacturing news, plus product trends and market analysis. The trends focus mainly on the fundamental shifts in U.S.

Furniture manufacturers in California and abroad need to be abreast of emerging trends that are shaping a new furniture industry landscape. Read on to learn more about the top trends that are shaping the furniture industry. The global furniture market size was valued at USD 480.7 billion in 2017 and is expected to grow at a CAGR of 5.1% from 2018 to 2025.

Trend setting - EU furniture manufacturers set global trends. About 12% of designs registered in the European Union Intellectual Property Office relate to this sector;; Choosing the right pieces–either custom-made or West Elm–can elevate your entire home aesthetic.

Bold, rich-hued furnishings will be a defining. As the year draws to a close, we asked a host of industry insiders what furniture trends we can look forward to. Ahead of 1Q 2017 earnings releases, investors joined us to discuss key trends impacting the $275B home goods market, Wayfair, Amazon and the paramount importance of the brick-and-mortar channel to this category.

By 2019, the global market for furniture and floor coverings is forecast to reach $695 billion. The furniture industry is broken down into retail stores, office furniture merchants, warehouse showrooms, and specialty furniture. Many people bring furniture with them but just want a few updates to help them transform the new space.

Why the EU furniture industry is important. 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 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.