Impact on Furniture Market in COVID-19: Growth, Trend, and Forecast (2022-27)

Posted March 7, 2022 by Stylishhome-ie

The report on the furniture market in Ireland provides a holistic analysis, market size, forecast, trends, growth, and challenges. The report offers an up-to-date analysis regarding the current furniture market scenario.
The latest trends and drivers are the overall market environment.
The furniture market is driven by rapid growth in urbanization and a growing rate in retailing channels. The rapid growth in urbanization boosts the growth of the market as well. The furniture market in Ireland is segmented as below:

By Delivery Mode

By Type

Market Overview

The furniture market is expected to register a CAGR of 5% during the period of 2021-26. The sudden COVID-19 pandemic hits the world during the initial days of 2020. It has changed the face of the furniture market on a large scale. The supply chain and temporary ban of global trade have highly affected the countries on import for their furniture needs. The covid-19 pandemic forced around 60% of the world’s population to switch to stay at home for a long time. It impacts on improving automation and digitalization in the industry. Significant increases in the number of e-commerce platforms that offer various designs and models of furniture, especially in Wardrobes, Headboards, etc. the growth of the market means the developing nations.

The demand for DIY and ready-to-assemble is also helping the market grow further, especially in the home and office furniture segments. It helps the market record to grow more sales across the globe.

Key Market Trends

The growing demand for home furniture is driving the market growth.

With the rising global population, the demand for home furniture is rising and helping the specific furniture segment of the market to grow further. A demand for multi-functional furniture that maximizes the storage facility. An innovative, stylish, and space-saving design is driving the furniture market’s growth. The keys are on focusing on the ways to attract the consumers by optimizing their products according to the taste and preferences of patrons.

Competitive Landscape

The report covers the major international players that are operating the furniture market. Technological advancements and product innovations are increasing the furniture market.

The study identifies an increasing number of new luxury furniture showrooms as one of the prime reasons for increasing the furniture market growth in Ireland during the next few years. The analyst presents the detailed picture of the furniture market by study, synthesis, and summation of data from multiple sources. The report on furniture in Ireland covers the following areas.

Furniture market size
Furniture market forecast
Analysis of furniture market industry

The study is conducted using an objective combination of primary and secondary information.

Conclusion: About “Stylish Home”

“” is one of the well-known platforms for elegant and luxurious furniture. They offer all kinds of furniture for your home décors such as TV Stands, Wall Art, Wardrobes, and Flooring.
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Issued By
Business Address Ireland
Country Ireland
Categories Business , Services
Tags dining tables , headboards , lamp tables
Last Updated March 7, 2022