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(Construction.IndustryNews247.Com, September 19, 2018 ) The furniture industry comprises establishments that manufacture tables, chairs, desks, cabinets or fixtures that are used in a room or building to support various human activities. The most common materials used in furniture manufacturing is wood and metal.
The furniture manufacturing market in this report is segmented into household furniture and kitchen cabinet manufacturing, institutional and office furniture (including fixtures) manufacturing and mattresses, blinds and shades manufacturing.
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https://www.thebusinessresearchcompany.com/report/furniture-manufacturing-global-market-report-2018
The global furniture manufacturing market has been growing in the past years with a CAGR of almost 10%. TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the global furniture manufacturing market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.
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Furniture manufacturing companies are integrating technology with furniture products to offer customers innovative and functional products. Technological advancements are helping furniture companies to offer customers convenience to address their day to day needs. For instance, an American architect and designer Greg Lynn has designed a high tech chair for the sports brand Nike. The chair was designed for basketball players and it generated heat, cooled athlete’s body and also monitored the
amount of fluid lost.
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Companies included in the report are IKEA, Leggett & Platt, Ashley, Tempur Sealy International, Inc., and Steelcase.
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