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  • lizel desouza created a new blog entry
    Latin America Neonatal Care Devices Market 2023: Overview, Trends, Analysis, Revenue, Demand and Forecast 2028
    Latin America Neonatal Care Devices Market the latest report by MarkNtel Advisors.Through the examination, synthesis, and summarization of data from many s...
    2 hours, 2 minutes ago . Comment   0 0
  • lizel desouza created a new blog entry
    Brazil LED Lighting Market 2023: Overview, Trends, Analysis, Revenue, Demand and Forecast 2028
    Brazil LED Lighting Market the latest report by MarkNtel Advisors.Through the examination, synthesis, and summarization of data from many sources together ...
    2 hours, 8 minutes ago . Comment   0 0
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  • nitinrrr nitinrrr nitinrrr created a new blog entry
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    Europe Medical Foods Market Size Is Expected To Reach USD 7.2 Billion By 2030
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  • lily mathew created a new blog entry
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  • Prathamesh Gavade Gavade created a new blog entry
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  • Statistical Study created a new blog entry
    Solar PV Panels Market Size, Share & Trends Analysis Report By Technology, Grid Type, Application, Region, And Growth Forecasts, 2030
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  • sanket ghate
    Furniture Market Trends, Growth, Size, Segmentation, Future Demands, Latest Innovation, Regional Forecast to 2028

    The global furniture market size was USD 475.4 billion in 2020. The market is projected to grow from USD 493.6 billion in 2021 to USD 720.2 billion by 2028 at a CAGR of 5.5% in the 2021-2028 period. This information is provided by Fortune Business Insights™, in its report, titled, “Furniture Market, 2021-2028.”

    COVID-19 Impact

    Closure of Furniture Shops amid COVID-19 Lockdown Constraints to Restrict Market Growth

    The indeterminate existence of the COVID-19 lockdown limitations is leading to the closing down of upholstery shops around the globe. Therefore, upholstery shops are observing a deterioration in sales owing to such a limitation. Furthermore, to avert coronavirus infection, common people have restricted themselves to shop furniture pieces from these stores. Such influences are exhibiting difficulties to the complete market growth during the pandemic period.

    Fortune Business Insights™ lists out all the furniture market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

    Harman Miller Inc. (Michigan, U.S.)
    Steelcase Inc. (Michigan, U.S.)
    HNI Corporation (Lowa, U.S.)
    Ashley Furniture Industries Inc. (Wisconsin, U.S.)
    Duff & Phelps, LLC. (New York, U.S.)
    Global Furniture USA (New Jersey, U.S.)
    ZouYou (Shenzhen, China)
    P & C ArteMobili SA (Nova Prata, Brazil)
    Saudi Modern Factory Co. (Riyadh, Saudi Arabia)
    DEDON GmbH (Luneburg, Germany)
    Dare Studio (Worthing, England)
    Report Coverage

    The report offers valuable insights obtained by thorough study done by our researchers. An extensive research was conducted to provide the estimated size of the virtual reality market. The data used to project the shares for multiple segments at the country, regional, and global levels is obtained from in-depth interviews with numerous stakeholders. Furthermore, we have gained access to several global and regional paid databases to deliver precise information to make business investment decisions easy for you.

    Driving Factors

    Steady Launch of Groundbreaking and Lavish Furniture Pieces to Spur Growth

    Intermittent presentation of companies’ elite home facilities is anticipated to entice people to purchase them, consequently fueling the demand for these products. For example, in February 2020, BAXTER, which is an Italian home fitting products company, along with Sources Unlimited, its Indian provider, unveiled radical, lavish, and greatly crafted fixture items in India. This is expected to spur the furniture market growth.

    Regional Insights

    Asia Pacific to Hold Dominant Position in the Market through 2028

    Asia Pacific market was worth USD 223.9 billion in 2020. The largest furniture market share of the Asia Pacific region is accredited to several wood furniture producers in nations such as China and India.

    North America holds a substantial share of the market owing to the large usage of such products among the U.S. and Canada population, leading to the greater product incomes from such region.

    Significant growth of the European region is accredited to the rising utilization of wood-based furnishing pieces among the population in nations such as the U.K. and Germany.

    Segmentation

    By Material, the global market is divided into:

    Wood
    Metal
    Plastic
    Others
    By Category, the market is segregated into:

    Indoor
    Outdoor
    By End-User, the market is categorized into:

    Residential
    Office
    Hotel
    Others
    By Region, the global market is branched into:

    North America
    Europe
    Asia Pacific
    South America
    Middle East and Africa
    Competitive Landscape

    Collaborations among Corporations to Safeguard Their Brand Values in Global Market

    Fundamental players in the market are incessantly choosing operative tactics to endorse their products and institute their positions in the market. One such tactic is to unveil novel products by teaming up with other companies to expand their reach to end-users.

    Report Aim & Scope:

    An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
    The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
    Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
    The report presents current trends in the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
    The various parameters accelerating the growth of the market are incorporated in the research report.
    The report analyzes growth rate, market size and valuation of the market during the forecast period.
    Key Players Assessment in this Research:

    The report offers detailed analysis of leading companies in the market across the globe.
    It provides details of the major vendors involved in this market
    A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
    The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
    The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
    Key Industry Development:

    May 2020: Theodore Alexander USA, Inc., who is a console table and chair products producer, teamed up with Ralph Lauren Corporation, a vital U.S. based fashion products company, to extend its business through the partner’s retail fashion stores based in the U.S.

    Browse Detailed Summary of Research Report:

    https://www.fortunebusinessinsights.com/furniture-market-106357



    About Us:

    Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

    Contact Us:

    Fortune Business Insights™ Pvt. Ltd.

    9th Floor, Icon Tower,

    Baner - Mahalunge Road,

    Baner, Pune-411045, Maharashtra, India.

    Phone:

    US: +1 424 253 0390

    UK: +44 2071 939123

    APAC: +91 744 740 1245

    Email: sales@fortunebusinessinsights.com

    Fortune Business Insights™

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    7 hours, 50 minutes ago . Comment   0 0
  • nitinrrr nitinrrr nitinrrr created a new blog entry
    Selective Laser Sintering SLS Printers Market to Experience Significant Growth by 2030
    According to the Regional Research Reports, theGlobal Selective Laser Sintering (SLS) Printers Marketsize was valued at amillion USDin 2021 and will reachm...
    7 hours, 56 minutes ago . Comment   0 0
  • BHAVANA DOLLY created a new topic
    Industrial Valves Market Leading Player 2022-28
    The global industrial valves market size valued USD 72.3 billion in 2021and expected to reach USD 94.62 billion by 2028, at a CAGR of 4.2% during the for...
    7 hours, 59 minutes ago . Comment   0 0
  • vamshee s created a new topic
    Remotely Operated Vehicle Market | Trends, Size Analysis 2022-28
    The global remotely operated vehicle market size was valued at USD 1.22 billion in 2021, growing at a CAGR of 3.11% during the forecast period 2022-28. Rem...
    8 hours, 12 minutes ago . Comment   0 0
  • vamshee s created a new topic
    Mass Spectrometry Market Size, Share | 2022 | Industry Report
    The global mass spectrometry market size is expected to reach a value of USD 6.80 billion by 2028, growing at a CAGR of 6.2% during the forecast period 202...
    8 hours, 21 minutes ago . Comment   0 0
  • Johnny Andrew Andrew created a new blog entry
    Biologics Safety Testing Market worth $6.2 billion by 2026 - Exclusive Report by MarketsandMarkets™
    According to the new market research report"Biologics Safety Testing Marketby Product & Service (Consumables, Instrument, Services), Application (Vacci...
    8 hours, 28 minutes ago . Comment   0 0
  • Statistical Study created a new blog entry
    Movies And Entertainment Market Size, Share & Trends Analysis Report By Product, Medium, Key Players, Region, And Growth Forecasts, 2030
    The globalmovies and entertainment marketis expected to reach USD 169.6 billion by 2030, expanding at a CAGR of 7.2% from 2022 to 2030, according to a new ...
    8 hours, 31 minutes ago . Comment   0 0
  • vamshee s created a new topic
    Evaporative Cooling Market Outlook | Industry Forecast 2022
    The global evaporative cooling market size was valued at USD 6.2 billion in 2021, exhibiting a CAGR of 6.1% during 2022-2028. Evaporative cooling is chosen...
    8 hours, 35 minutes ago . Comment   0 0
  • sandip Aware created a new blog entry
    Spoken English Training in Pune
    IT Education Centre provides theEnglish speaking classes in Pune. So, if you’re looking for aspoken English classes in Punethis is the right place. Pun...
    8 hours, 38 minutes ago . Comment   0 0
  • Statistical Study created a new blog entry
    Europe Polypropylene In 3D Printing Market Size, Share & Trends Analysis Report By Form, End-Use, Country, And Growth Forecasts, 2030
    TheEurope polypropylene in 3D printing marketsize is expected to reach USD 4,084.44 thousand by 2030. The market is expected to expand at a CAGR of 15.2% f...
    8 hours, 53 minutes ago . Comment   0 0
  • Eric Martin created a new blog entry
    Fuel Cell for Data Centers Market growth projection to 15.6% CAGR through 2030
    According to the Market Statsville Group (MSG), theglobal Fuel Cell for Data Centers Marketsize is expected to grow fromUSD 117.46 million in 2021toUSD 429...
    8 hours, 56 minutes ago . Comment   0 0
  • nitinrrr nitinrrr nitinrrr created a new blog entry
    Resin Filling Machines Market Set to Witness Explosive Growth by 2030
    According to the Regional Research Reports, theGlobal Resin Filling Machines Marketsize was valued at million USD in 2021 and will reach multi-million USD ...
    9 hours, 1 minute ago . Comment   0 0
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