The office furniture market size is expected to post a cagr close to 6 during the period 2019 2023 according to technavio.
Furniture market 2019.
The global furniture market was valued at us xx x mn in 2018 and is projected to increase significantly at a cagr of x x from 2019 to 2028.
Global furniture market growth trends and forecasts 2020 2025 the global furniture market is segmented by application home furniture office furniture hospitality furniture and other furniture by distribution channel home centers flagship stores specialty stores online and other distribution channels and by geography north america europe asia pacific latin america and.
Statista according to digiday retail growth has been positively influenced by innovative fulfillment methods and restructured store formats.
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This brings revenue of the furniture market to 304 270m in 2018.
In 2019 the furniture market realized a total worldwide revenue of us 1 417 billion representing an annual growth of 3 9 compared to 2018.
Selbyville del may 5 2019 prnewswire the residential furniture market is expected to expand at over 5 cagr up to 2024 driven by socioeconomic development along with housing subsidies by.
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Early predictions from the national retail federation place sales growth for 2018 over 4 with the same growth anticipated in 2019.
Market overview and performance drivers.
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