A report titled 'World Upholstered Furniture Industry 2024' has been released, offering a comprehensive insight into the global upholstered furniture market. It covers various key aspects such as market size, production, international trade, and consumption habits from 2013 to 2024.
Photo: Dreamstime.com
The analysis delves into dominant trends within the upholstered furniture sector, examining regional markets, competitive dynamics, the influence of globalization, near-shoring practices, and the impacts of trade tensions. It also discusses how global manufacturers are strategically responding to current market challenges, based on recent surveys.
Key Highlights:
- The global upholstered furniture market is sizable and accounts for around 16% of the total furniture market. After the extraordinary growth in the aftermath of the pandemic, it contracted in 2023, returning to pre-pandemic levels.
- The forecast for the upholstered furniture industry indicates that after a challenging 2024 for the global market, consumption is expected to slightly increase in 2025. The Asia-Pacific and Middle East regions are projected to be the most promising markets.
The report focuses on the Top 20 world upholstered furniture countries (Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Lithuania, Mexico, Poland, Romania, South Korea, Spain, Sweden, Türkiye, United Kingdom, United States, Vietnam), providing:
More information:
Research and Markets
www.researchandmarkets.com