Furniture Market Trends, Size and Forecast to 2030

The Global Furniture Market is expected to reach USD 780.8 billion by 2030, at a CAGR of 5.1% during the forecast period 2022 to 2030. The COVID-19 pandemic also has had a major impact on the global furniture manufacturing sector. In addition to labour difficulties, the decline in furniture production and exports in countries including China, Germany, the United States, Japan, and South Korea has significantly decreased global market revenues in 2020.