Furniture: market research reports

The furniture industry manufactures and wholesales a vast array of furniture for offices, hotels, homes, and schools, as well as other businesses. Furniture products include not only the pieces for these settings, but also furnishings, upholstery, mattresses, and parts of furniture. This industry utilizes skilled workers as well as machines, handcrafted tools, and the use of CAD/CAM to contribute to the design and manufacturing of furniture.

Many different materials are used to create furniture, such as metal, plastic, rattan, wood, and even silver. Wooden furniture is predominant in production and exportation.

The furniture industry is constantly evolving, and presently strives to produce furniture pieces that project an image that would appeal to a variety of lifestyles. The income of the consumer, economic factors, adjusting lifestyles, and the increase in people who are moving to more urban areas are all instrumental in furniture demand. The expectations of consumers as well as their purchasing habits vary from region to region. Workers in the furniture industry act as negotiators between furniture manufacturers and retailers. Wholesalers buy furniture products from manufacturers and then retail them to department stores and specialty shops that operate mainly in furniture.

Countries that have had roots in furniture production and manufacturing for a great span of time still make up a large portion of the global furniture market. This is due to their long-established ability to produce furniture pieces, as well as their continued progression in the areas of technology and science. Their solid financial standing and history of successful management practices also contribute to their continued success in the furniture market.