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Household Furniture Market May Set Massive Growth by 2026 | Herman Miller, Ashley Furniture, Godrej Interio

Household Furniture Market May Set Massive Growth by 2026 | Herman Miller, Ashley Furniture, Godrej Interio ....

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Worldwide Furniture Industry to 2030 - Featuring IKEA, Ashley Furniture Industries and Steelcase Among Others

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This report provides strategists, marketers and senior management with the information they need to assess the global furniture market as it emerges from the COVID-19 shut down.
The global furniture market is expected to grow from $564. 17 billion in 2020 to $671. 07 billion in 2021 at a compound annual growth rate (CAGR) of 18. 9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $850. 38 billion in 2025 at a CAGR of 6%. ....

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Long-lost 19th-century vase designed by Thomas Hope discovered in Oklahoma collection

An extraordinarily rare and important 19th-century urn, thought lost to history, was recently discovered by a href= http://www.ha.com target= blank ....

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Spending on New Housing & Improvements to Boost Household Furniture Demand

Spending on New Housing & Improvements to Boost Household Furniture Demand
Rising income levels will propel purchases of premium items
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CLEVELAND, March 3, 2021 /PRNewswire/ US demand for household furniture is forecast to advance 2.5% yearly in nominal terms through 2025, according to
Household Furniture: United States, a report recently released by Freedonia Focus Reports. Suppliers will benefit from continued gains in new housing completions and residential improvement expenditures. Increases in disposable personal income will support consumer purchases of premium furniture to outfit their living spaces. However, sales of used furniture through electronic marketplaces such as Facebook Marketplace, Chairish, and Craigslist will impede further gains as some consumers continue to take advantage of the cost savings associated with purchasing used items. ....

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Spending on New Housing & Improvements to Boost Household Furniture Demand

Spending on New Housing & Improvements to Boost Household Furniture Demand
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