Taking A Look At The World Of The Furniture Industry In The Country Of The US And All Around The World As A Whole


From your coffee tables to your dining room sets to even your sectional sofas, there are many ways in which you can showcase the personality of your home – and, as an extension, your own personality as well. And choosing the right furniture for your home, from your coffee tables to your sofa, will make your home a more enjoyable place to be and to spend time in. Not only will you feel more comfortable and happy in your home, but you will also likely be more likely to invite other people over and into your home, as you will be all the more eager to show it off. And it is certainly true that homes can have a distinct impact on the first impression that someone makes of you – and we all know that first impressions happen remarkably fast and can even permanently effect and impact how someone views you, even after they get to know you over the course of time.

And in part directly because of this, because of the growing desire to have furniture that truly feels right in your home and furniture and decor that you are proud to show off, the furniture industry all throughout the country of the United States as well as all around the world is in a remarkable period of growth, one such period that is expected to continue on and into the future. In fact, the current total value of the current industry for furniture on a global scale has reached an amount of more than six hundred billion dollars. And by the time that we reach the end of the year of 2009, just over a year from our current date here as we near the end of the year of 2018, that total value is expected to reach a number of six hundred and ninety five billion dollars. On top of this, the market for luxury furniture has been growing on a compounded basis by as much as four percent each and every year since the year of 2015, and is expected to keep doing so until we reach the end of the year of 2019.

There are a number of reasons for the continued growth of the furniture industry not only in the country of the United States but all throughout the world as a whole as well. For one, more people are looking to upgrade the overall quality of their homes, and are willing to spend quite a bit of money to do so. From the purchase of coffee tables to the purchase of other such modern furniture, the average person who is living in the United States and owns a home there is typically going to be willing to spend as much as two thousand total dollars on furniture. And for more than twenty percent of the American population (twenty two percent, to be exact), spending between two thousand to even as much as five thousand dollars on furniture alone is the norm for a remodeling project or even just furniture for their brand new (or brand to them, of course) home. Aside from living room furniture, home office furniture (from coffee tables to desk chairs) has become more and more important as an increasingly large number of people work from home on a regular or even just a semi regular basis. This increase in the need for home offices has considerably and noticeable driven up furniture sales all throughout the world and the furniture that is typically purchased for home offices, such as but certainly not limited to pieces of furniture like coffee tables, has risen by more than five and half percent in recent years and in the years that are to come.

The furniture in your home is highly important to many, from your coffee tables to your armchairs, and it’s important that furniture decisions aren’t overlooked.