Global Furniture Market Poised to Grow at a CAGR of 4.18% During 2016-2020
With the growing population, increase in the number of single-parent families, and the booming real estate industry worldwide, the market has been growing steadily year-on-year over the last few years. Vendors are sometimes unable to cope with the costs of production for reasons such as the rapid obsolescence of production technologies and the high cost of modernization and power, which are challenges that hinder the growth of the market. Revenue growth in the market will be driven by the rising...
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