Furniture

The global Furniture Industry boasts a healthy market size, though pinpointing an exact figure depends on the report and its methodology. Here’s a breakdown based on recent reports (as of June 3, 2024).

Market Size: Estimates vary, ranging from:

USD 516.66 billion in 2022 with a projected CAGR (Compound Annual Growth Rate) of 5.36% until 2030. USD 677.09 billion in 2022 with a CAGR of 5.9% from 2023 to 2030.

Key Takeaway: The market size likely falls somewhere between these two estimates, reflecting the vastness of the industry.

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