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What will be the competitive advantage of custom furniture factories in 2023

With the improvement of people's living standards, the requirements for the home environment are getting higher and higher. In this case, the customized furniture market is gradually favored by consumers, because customized furniture can meet personalized needs and better adapt to the actual situation of different families. So, for customized furniture manufacturers, what are their advantages in the market?

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Market trends in the furniture industry

Furniture retailing was negatively impacted during the recession as consumers cut back on non-essential spending, but now demand has increased. In fact, the U.S. furniture industry has outpaced the U.S. economy in recent years. While the housing market has improved and discretionary spending has increased, we will see this growth continue. By 2019, the global furniture and floor covering market is expected to reach $695 billion.

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