Furniture Market Trends, Analysis & Forecast,2027

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Furniture Market Global Analysis, Industry
Demand and Forecast to 2027
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Industry Insights

• The global furniture market size could hit USD
  785 billion through 2027. The advent of
  coronavirus outbreak has largely affected the
  commercial and residential construction
  activities, leading to a considerable drop in the
  generation of revenue for furniture makers and
  providers.
• Additionally, the delivery of furniture products
  from China was affected due to the difficulties
  in the manufacturing and shipping of goods owing
  to the COVID-19 pandemic, various commercial and
  residential construction projects are at a
  standstill and have also disrupted the pace of
  economic operations. Efforts undertaken by the
  governments across the globe to increase safety
  in the offices along with the need for an
  enhanced working atmosphere among employees could
  reinforce developments in commercial furniture
  market over 2021-2027.

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• The increase in disposable income and
  urbanization in developing regions has fueled
  furniture market trends across the globe.
  Moreover, technological advancements in
  healthcare furniture sector will augment the
  business outlook. Key factors like bariatrics,
  sustainability, ergonomics, and cleanability, and
  safety of inputs will drive the industry
  forecast.
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  024
• E-commerce has witnessed a considerable boom over
  the years due to its cost-effectiveness and
  convenience of delivery at homes. In this regard,
  online distribution channel has given significant
  boost to the furniture market. On the other hand,
  the presence of various small and midsized
  domestic manufacturers along is supported by a
  strong offline distribution channel in emergin
  economies. Some online competitors are looking to
  utilize both e-commerce and in-store experience
  to encourage sales.

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Browse complete Table of Contents (ToC) of this
research report _at_ https//www.gminsights.com/toc/
detail/furniture-market Chapter 4. Furniture
Market, By Material 4.1. Global furniture market
insights, by material 4.2. Plastic 4.2.1.
Global market estimates and forecasts, 2017 -
2027 4.2.2. Market estimates and forecast, by
region, 2017 - 2027 4.3. Wood 4.3.1. Global
market estimates and forecasts, 2017 - 2027
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4.3.2. Market estimates and forecast, by region,
2017 2027 4.4. Metal 4.4.1. Global market
estimates and forecasts, 2017 - 2027 4.4.2.
Market estimates and forecast, by region, 2017
2027 4.5. Other materials 4.5.1. Global market
estimates and forecasts, 2017 - 2027 4.5.2.
Market estimates and forecast, by region, 2017
2027

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Region

• Europe has emerged as a key revenue terrain for
  furniture market over the years due to high
  furniture production in regions like Poland,
  Germany, France, and Italy. Additionally, the EU
  flagship initiative, Industry Policy introduced
  within the Europe 2020 strategy will particularly
  help boost the financial and regulatory benefits
  provided to the market.

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Key Players

• Home Depot Inc.
• Urban Office Interiors
• Godrej Boyce Manufacturing Co. Ltd.
• Okamura Corporation

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