Furniture Global Market Sees Growth Rate Of 9% Through 2022

The global furniture market size is expected to grow from $634.53 billion in 2021 to $692.81 billion in 2022 at a compound annual growth rate (CAGR) of 9.2%. The furniture market is expected to grow to $939.61 billion in 2026 at a CAGR of 7.9%.

What is the Global Furniture Market?

The furniture market consists of sales of furniture by entities (organizations, sole traders and partnerships) that produce furniture including tables, chairs, desks, cabinets or fixtures that are used in a room or building to support various human activities.

Get a Sample of the global furniture market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=2990&type=smp

What drives the Global Furniture Market?

Increasing demand for online shopping is expected to help the furniture manufacturing market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the furniture manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of furniture manufacturers by giving larger exposure to producers who were confined to one geography.

Get the full global furniture industry report here

Global Furniture Market Segments
The global furniture market is segmented:
By Type: Institutional and Office Furniture, Household Furniture and Kitchen Cabinet, Mattresses, Blinds and Shades
By Material: Metal, Wood, Others
By Distribution Channel: Exclusive Showrooms, Online, Hypermarkets, Others
By Geography: The regions covered in the furniture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Furniture Global Market Report 2022 provides market size and growth forecasts for the global furniture market, global furniture market share, furniture market segments and geographies, furniture market competitive landscape including leading competitors’ revenues, profiles and market shares. The furniture market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Furniture Industry Players include Ashley Furniture Industries Inc., Tempur Sealy International, Inc, Hunter Douglas N.V., Leggett & Platt Incorporated, Steelcase Inc., Haworth Inc, Herman Miller Inc., Masco Corporation, Man Wah holdings and Sleep Number Company. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.