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Decor January-February 2019

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Wooden furniture market size to

exceed $580 bn by 2025

Wooden Furniture Market size

is estimated to surpass USD 580

billion by 2025; according to a new

research report by Global Market

Insights, Inc.

Growing demand for modular and elegant wooden

furniture in both urban and rural areas across the

globe is anticipated to drive the wooden furniture

market. Rising consumer preference of e-commerce

channels for purchasing the products owing to

benefits including availability of higher discounts,

customization options and faster delivery this will fuel

the industry size. In addition, increasing popularity of

luxury wooden furniture for improving the home and

office interior designs will provide potential growth

opportunities for the industry expansion.

Growing concerns regarding global warming has

resulted in an increase in demand for eco-friendly

24

DECOR • January - February 2020

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