Global Furniture industry news.

[Sajib Molla]

How big is the furniture industry in Bangladesh?

Data from EPB (Export Promotion Bureau) reveals that the total furniture market size is about 25,000 Crore in BDT. On the other hand, almost 71,034 entrepreneurs are operating now in Bangladesh, and nearly 18 Lac+ people are professionally associated with this industry.

The world's largest furniture manufacturer.

Founded in 1943 in Älmhult, Sweden, IKEA is an internationally known furniture and home furnishings retailer. It has grown rapidly since its foundation and today it is the world's largest furniture company.

How big is the furniture industry?
According to a research report published by SphericalInsights, the Global Furniture Market Size was valued at USD 548.38 billion in 2021 and expected to reach USD 780.8 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period.

Which country sells the most furniture?

Leading exporting countries of furniture worldwide in 2021 (in million U.S. dollars)
Characteristic   Export value in million U.S. dollars
China   86,876.3
Poland   15,745.4
Germany   14,647.4
Italy   13,255.1

Which is the Asia biggest market of furniture?

Kirti Nagar Market
Kirti Nagar Market, Delhi

Asia's largest furniture market, it houses over 500+ furniture wholesalers and retailers, interior design boutiques, kitchenette and bathroom brands, and favourite furniture makers within its building.
The largest furniture market the United State
Comparing the 21 selected regions regarding the revenue in the furniture market, the United States is leading the ranking (235.2 billion U.S. dollars) and is followed by China with 82.3 billion U.S. dollars.


China
China is the world's largest producer, exporter, and consumer of furniture.

20 FEBRUARY 2022
Courtesy of CSIL Centre for Industrial Studies – Milan, Italy

According to CSIL's World Furniture Outlook 2022, world production of furniture in 2021 will exceed US$ 500 billion; a stronger‐than‐expected recovery, mainly due to the major contribution from Europe and Asia. China is the world's largest producer, exporter, and consumer of furniture.

Furniture Industry: A Fast Growing Sector in Bangladesh
https://youtu.be/3jxupYuCHNk?feature=shared

[Sajib Molla]

How big is the furniture industry in Bangladesh?

Data from EPB (Export Promotion Bureau) reveals that the total furniture market size is about 25,000 Crore in BDT. On the other hand, almost 71,034 entrepreneurs are operating now in Bangladesh, and nearly 18 Lac+ people are professionally associated with this industry.

The world's largest furniture manufacturer.

Founded in 1943 in Älmhult, Sweden, IKEA is an internationally known furniture and home furnishings retailer. It has grown rapidly since its foundation and today it is the world's largest furniture company.

How big is the furniture industry?
According to a research report published by SphericalInsights, the Global Furniture Market Size was valued at USD 548.38 billion in 2021 and expected to reach USD 780.8 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period.

Which country sells the most furniture?

Leading exporting countries of furniture worldwide in 2021 (in million U.S. dollars)
Characteristic   Export value in million U.S. dollars
China   86,876.3
Poland   15,745.4
Germany   14,647.4
Italy   13,255.1

Which is the Asia biggest market of furniture?

Kirti Nagar Market
Kirti Nagar Market, Delhi

Asia's largest furniture market, it houses over 500+ furniture wholesalers and retailers, interior design boutiques, kitchenette and bathroom brands, and favourite furniture makers within its building.
The largest furniture market the United State
Comparing the 21 selected regions regarding the revenue in the furniture market, the United States is leading the ranking (235.2 billion U.S. dollars) and is followed by China with 82.3 billion U.S. dollars.


China
China is the world's largest producer, exporter, and consumer of furniture.

20 FEBRUARY 2022
Courtesy of CSIL Centre for Industrial Studies – Milan, Italy

According to CSIL's World Furniture Outlook 2022, world production of furniture in 2021 will exceed US$ 500 billion; a stronger‐than‐expected recovery, mainly due to the major contribution from Europe and Asia. China is the world's largest producer, exporter, and consumer of furniture.

Furniture Industry: A Fast Growing Sector in Bangladesh

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