Challenges and Trends Facing Furniture Manufacturers in 2016

Posted by Ellen McKewen on Jun 7, 2016 10:51:17 AM

With the housing market returning and buyers feeling more comfortable with the economy, it’s good news for the furniture industry; since the housing and real estate market are the largest drivers of industry demand.

Each year sales fluctuate based on design preferences from homeowners, renters and office professionals. Since 2014, there has been a steady annual increase of about 4% in new furniture sales among U.S furniture manufacturers.

Predictions indicate that the increase will continue in the coming years.

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Topics: Manufacturing, Furniture and Related Products, Furniture

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