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Challenges facing custom furniture factories
As modern home design continues to evolve and improve, the custom furniture factory business is gradually gaining widespread attention and growth. However, despite the promising future of custom furniture factory business, it still faces some challenges.
Custom furniture factories face multiple challenges, and if they are not prepared, it will be difficult to survive in the competitive furniture market. Custom furniture factories must be prepared to meet the challenges and constantly strive to improve their operations to ensure the long-term development of the custom furniture factory business.
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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.