The Global Furniture market is estimated at US$445.628 billion in the year 2019 and is anticipated to grow at an exponential rate. The key factor behind the growth of this market is the surging construction industry along with the rise in disposable income around the world.
Rapid urbanization and growth in the construction of smart cities are boosting the growth of the furniture market, particularly in the developing countries. Smart Cities are marked with superior infrastructure, resulting in the construction of residential buildings, commercial buildings, schools, and other educational institutions, hospitals, government administration, and others.
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