The furniture retailer is relying on its Aussie owner to pay its debts as increased costs, including transport charges affected by Red Sea terrorism, weigh.
/PRNewswire/ The "Australia Furniture Market, By Product Type (Home Furniture, Office Furniture and Institutional Furniture), By Point of Sale (Exclusive.
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$8.78M Australia Furniture Market, By Product Type, Point of Sale, Raw Material Type, Company, and Region 2015-2025 - ResearchAndMarkets.com
February 1, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 1, 2021
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The Australian Furniture Market was valued USD 7.76 Million in 2019 and is predicted to be valued USD 8.78 Million by 2025.
Favorable economic factors such as rapid urban infrastructure developments, growing demand from residential as well as non-residential sectors coupled with encouraging government policies and low mortgage interest rates, have provided a conducive operating environment for furniture industry and pushed furniture demand through the years.