Furniture Market Market- Size, Share, Growth, Revenue and Forecast

1. Some of the major key players in the furniture market are: Ashley Furniture Industries, Inc., Bassett Furniture Industries Inc., Berco Designs, CYMAX GROUP TECHNOLOGIES LTD., INTER IKEA GROUP, Kimball International, Inc., Godrej & Boyce Manufacturing Co., Ltd., Hooker Furniture, Kohler Company, HNI Corp., Steelcase Inc., KOKUYO, Home Depot, Inc., Herman Miller Inc., Bene GmbH, Dunn’s Furniture, Knoll Inc., Durham Furniture, Krost Office Products, Haworth Inc., Masterbrand Cabinets, Meridian Office Group and La-Z-Boy Incorporated among others. The Furniture Market size was valued at USD 637.26 billion in 2021 and is predicted to reach USD 945.53 billion by 2030 with a CAGR of 4.5% from 2022-2030. Access Full Description of this report at: - https://www.nextmsc.com/report/furniture-market The rising global population and the growing middle class across the majority of regions of the world, the demand for home furniture is rising, helping the specific segment of the market to grow further. Coupled with the growing younger population and their unique furniture preferences, the demand for multi-functional furniture that feature maximum storage facility, innovative space-saving designs, and stylish design is driving the furniture market’s growth. The key players are focusing on ways to attract more customers by optimizing their products according to the tastes and preferences of consumers, which is anticipated to influence home furniture sales during the forecast period furniture is becoming increasingly popular among customers owing to the lower costs and compact designs. The Asia-Pacific region, owing to the high population and the growing residential construction, growing at a fast pace. As the standard of living continues to improve in China, customers have started investing in home decoration and home furniture. Increasing consumers’ purchasing power has also driven the furniture market to develop in the region. The key players in the furniture market are also launching their exclusive online platforms and some also entered partnerships with the e-commerce channels to strengthen their distribution networks, which is likely to drive the furniture market’s growth in the region. With the entry of IKEA into the Indian sub-continent in 2018, the competition became more complex in the country and the region, helping the firm strengthen its global presence. Recent Developments: In October 2020, Herman Miller expanded the gaming series with the launch of the Special Gaming Edition Sayl Chair, which is ergonomically designed for optimal performance and comfort with six new expressive color palette options, inviting gamers to play in style. In September 2020, IKEA teamed up with Republic of Gamers (ROG) to develop a new range of affordable gaming furniture and accessories to bring the gaming experience at home to a new level. The range consisting of about 30 products was planned to be launched first in China in February 2021, and from October 2021, it will be available in other IKEA markets. Request sample copy of this report at:- https://www.nextmsc.com/furniture-market/request-sample About Next Move Strategy Consulting Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater

2. market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics. We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solutions that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses. For more insights, please visit, https://www.nextmsc.com