High Point Market Authority 164 South Main Street, Suite 700, High Point, NC 27260 Monday - Friday 8am-5pm EST Call: 336.869.1000 Or toll free: 800.874.6492 (USA, Puerto Rico, US Virgin Islands)
[email protected] Edmund Barr "Furniture will continue to be a grounding, comfortable foundation for the home," says Coley Hull, founder of Coley Home.An emphasis on bright, warm shades and a mix of materials will curate a cozy aesthetic in any room. As for the design styles you'll be seeing more of, Roxy Owens, founder of Society Social, says a unique perspective that draws on nostalgia will dominate.
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One notable exception, however, was in the furniture category, which Furniture Today Strategic Insights estimates saw a 3.2% drop in furniture store sales, coming off growth years in 2021 and 2022. The Furniture Market is expected to reach USD 688.74 billion in 2024 and grow at a CAGR of 5.57% to reach USD 903.14 billion by 2029. Ashley Furniture Industries, Inc., Inter IKEA Group, Herman Miller, Inc., HNI Corp. and Steelcase Inc. are the major companies operating in this market. In fact, the looks at the fall 2023 High Point Market (Oct. 14-18) in North Carolina, which showcased furniture manufacturers' newest offerings, were largely a continuation of what we saw last spring. Natural motifs and materials were everywhere. Blues, greens and warm neutrals remained dominant. ST. PETERSBURG, Fla. — After a few tumultuous years, Water Tower Research analysts Budd Bugatch and Rex Henderson are seeing signs that 2024 could mark a positive step forward for a furniture.
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The Furniture market in the United States is projected to grow by 3.98% (2024-2028) resulting in a market volume of US$295.40bn in 2028. The global furniture market size reached approximately USD 629.50 billion in 2023. The market is assessed to grow at a CAGR of 4.9% between 2024 and 2032 to attain a value of around USD 968.23 billion by 2032. The North America furniture market size reached approximately USD 95.52 billion in 2023. The market is further projected to grow at a CAGR of 8.0% between 2024 and 2032, reaching a value of USD 188.99 billion by 2032. World economy and furniture outlook 2023-2024 for 100 countries 2. The world furniture market. Overview of furniture production and trade, world geographic regions and trade areas 3. Market shares.
Home Furniture Market to Grow Over 8 Billion in the US During 2020
The CSIL Report World Furniture Outlook 2024 provides an overview of the global furniture sector through historical series of basic data (furniture production, consumption, imports, exports 2014-2022 and 2023 preliminary estimates) and prospects of the furniture market for the years 2024 and 2025 for 100 countries. Furniture Market Outlook (2024 to 2034) The global furniture market size is estimated to be valued at US$ 649.8 billion in 2024. The global demand for furniture is anticipated to rise at a 5.3% CAGR, reaching a market valuation of US$ 1,089.1 billion by 2034.. The demand for furniture to decorate newly constructed homes and flats is growing as more people relocate to metropolitan regions.
Report: Luxury Furniture Market Could Be 'Better-than-feared' in 2024. A panel of top executives hosted by TD Cowen concluded that despite inflation and economic uncertainty, solid demand is. DUBLIN--(BUSINESS WIRE)--The "Global Furniture Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.The furniture market is poised to grow by $ 113.61 billion during 2020.
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The World Furniture Outlook 2023/2024 provides an overview of the global furniture sector through a historical series of basic data (furniture production, consumption, imports, exports 2013-2022), and prospects of the furniture market for the years 2023 and 2024. REGISTER NOW | Apr 13-17, 2024 Apr 13-17, 2024. Exhibitor Services; Sponsors & Partners; MediaLink; Exhibitor Directory; Inspiration. Inspiration.. Be the first to get notified when S/24 Market registration opens. Sign Up Now. High Point Market Authority. 164 South Main Street, Suite 700 | High Point, NC 27260. 336.869.1000. Register;
