Product ID: SQMIG25AH2003
Global Furniture Market Size, Share, Growth Analysis, By Type(Institutional, Office Furniture), By Distribution Channel(Home Centers, Flagships Stores), By Material(Wood, Metal), By Category(Indoor and Outdoor) - Industry Forecast 2024-2031
Report ID:
SQMIG25AH2003 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
122 |
Figures:
77
Global Furniture Market Regional Insights
In terms of revenue, North America holds the largest share of the global furniture market in 2021. The constant increase in spending by millennials on real estate and the comfort and decoration of these properties are the major reasons for the growth of the furniture market during the analysis period in the US and Canada region. The US is the largest market destination for furnish products in the world with 40% of the furniture imported from the world.
The Asia Pacific markets were expected to grow at a hefty pace of 5.1% CAGR during the analysis period. As the increasing infrastructure developments and improvements in technology in the field of the furniture market are one of the reasons for the growth of the global furniture industry during the analysis period.
Global Furniture Market Report Snapshots
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