The global furniture market size was valued at USD 640.8 billion in 2020 and is anticipated to reach USD 1053.7 billion by 2030 with the CAGR of 5.10% over the forecast period: “ Decision foresight“
The global furniture market size was valued at USD 640.8 billion in 2020 and is anticipated to reach USD 1053.7 billion by 2030 with the CAGR of 5.10% over the forecast period. This information is published by ““ Decision foresight ” “, in its report, titled, “ Global Furniture Market , 2020-2030.” With a growing worldwide population and a growing middle class in almost every part of the globe, demand for house furnishings is increasing, allowing this section of the market to expand even more. The need for multi-functional furniture with maximum storage, creative space-saving solutions, and beautiful design is driving the furniture market's growth, especially with the rising younger population and their distinctive furniture tastes. COVID-19 Impact: Affirmative Commercial Business Sales expected after Pandemic. In 2020, the outbreak of the Coronavirus illness (COVID-19) acted as a major limitation on the furniture manufacturing industry, as supply chains were disrupted by tra...
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