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The furniture market size is estimated to increase by USD 136.6 billion and grow at a CAGR of 4.15% between 2023 and 2028. One of the key drivers of the growth of the global furniture market is the evolution of consumer demographics, especially in emerging economies, which is increasing the sales of new furniture products, especially luxury furniture. By 2050, an additional 2.5 billion people are estimated to populate urban and semi-urban areas, with a 90% increase in Asia and Africa. Hence, the demand for furniture products such as outdoor furniture is expected to grow in these regions, which will increase the sales of the companies. Rapid urbanization has resulted in a consistent increase in wages and income levels across the world, especially in countries such as China and India.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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