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The global furniture industry will face challenges as it expects a gradual recovery in 2025.

The global furniture industry will face challenges as it expects a gradual recovery in 2025.

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Top furniture importing countries. Imports, 2017-2023. Current $ billion.

Top furniture importing countries. Imports, 2017-2023. Current $ billion.

Dublin, July 10, 2024 (GLOBE NEWSWIRE) — The World Furniture Outlook 2024/2025 report has been added to Research & Marketing.com offering.

The World Furniture Outlook 2024 report presents an overview of the global furniture sector based on historical series of fundamental data (preliminary estimates of furniture production, consumption, imports and exports from 2014 to 2023) and furniture market forecasts for 2024 and 2025 for 100 countries.

This market research report covers:

  • The growth of furniture imports in the world and the role of furniture exporting countries in the market

  • Market Shares of Major Furniture Exporters by Geographic Region

  • Analysis of the openness of furniture markets covering the last decade, taking into account the trade balance, import/consumption and export/production relations

The semi-annual edition of the World Furniture Outlook confirms the complexity facing the global furniture industry. Global furniture consumption is expected to continue to suffer from weak demand in 2024 as well, with a possible recovery in 2025. Among the prospective markets, India is by far the fastest growing economy, with furniture consumption expected to grow.

The main importers of furniture are the US, Germany, France, the UK and Canada. About two-thirds of US imports come from Asia. However, due to trade tensions between the US and China, China’s share of US imports has decreased in favour of Vietnam.

Statistics and prospect data are also available atcountry format:

  • Origin of furniture imports

  • Furniture export destination

  • Furniture production historical series

  • Historical series on the size of the furniture market

  • Furniture Trade Historical Series

  • Country rankings to put all statistics into a broader global context

100 countries coveredselected for their contribution to the production and international trade of furniture, including:

  • China

  • United States

  • Germany

  • Italy

  • Poland

  • Vietnam

  • United Kingdom

  • France

  • Canada

  • Netherlands

  • Mexico

  • Spain

  • Malaysia

  • Turkey

  • Indonesia

  • Sweden

  • Belgium

  • Czech Republic

  • Denmark

  • Brazil

This 100 Country Summary Tables Also includes:

  • Total household consumption expenditure

  • Total GDP at purchasing power parity

  • GDP per capita at purchasing power parity

Main topics:

PART I: GLOBAL PERSPECTIVES OF FURNITURE

1. Summary

2. The global furniture market

3. Market shares of leading furniture exporting countries

4. International scenario

PART II: WORLD FURNITURE INDICATORS

1. World Tables

  • Overview of the global furniture industry – Production, export, consumption and import

  • Furniture export, 100 countries (alphabetical order and ranking)

  • Furniture import, 100 countries (alphabetical order and ranking)

  • Opening of furniture markets: preliminary estimates for 2014-2023

    • Export growth, 40 major exporting countries

    • Import growth, 40 major importing countries

  • World Trade in Furniture: Export Destination and Import Origin

  • Furniture market prospects 2024-2025 (alphabetical order and ranking by furniture consumption level)

2. Country tables for 100 countries

For each country:

  • Furniture production, export, import, consumption for time series 2014-2023 preliminary estimates

  • Economic indicators (population, area, total and per capita GDP, household consumption expenditure, purchasing power parity data)

  • Real growth in furniture consumption: forecasts for 2024-2025

  • Exchange rate

  • Furniture trading partners

For more information on this report, please visit https://www.researchandmarkets.com/r/2xjmej

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