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NEW YORK, May 5, 2021 /PRNewswire/
The outdoor furniture market is set to grow by USD 8.27 billion, progressing at a CAGR of over 3% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Outdoor Furniture Market by Product, End-user, Distribution Channel, and Geography - Forecast and Analysis 2020-2024
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ashley Furniture Industries Inc., Barbeques Galore, Berkshire Hathaway Inc., Brown Jordan Inc., Century Furniture LLC, Herman Miller Inc., Home Depot Product Authority LLC, Inter IKEA Systems B.V., Lowe s Companies Inc., and Williams-Sonoma, Inc are some of the major market participants. The rising demand for patio heating products will offer immense growth opportunities. To leverage
Outdoor Garden Furniture Market 2021 Analysis by Top Manufacturers –Brown Jordan International, Herman Miller, Agio International, IKEA, Trex Company – KSU
ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
Bedroom Furniture Market Research Report by Product Type, by Distribution Channel - Global Forecast to 2025 - Cumulative Impact of COVID-19 Bedroom Furniture Market Research Report by Product Type (Beds, Chairs and benches, Dressers & Mirrors, Nightstands, and Wall shelves), by Distribution Channel (Offline and Online) - Global Forecast to 2025 - Cumulative Impact of COVID-19
April 21, 2021 04:42 ET | Source: ReportLinker ReportLinker Lyon, FRANCE
New York, April 21, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Bedroom Furniture Market Research Report by Product Type, by Distribution Channel - Global Forecast to 2025 - Cumulative Impact of COVID-19 - https://www.reportlinker.com/p06063005/?utm source=GNW
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HIGH POINT, N.C. - Casegoods and office furniture maker High Point Furniture Industries (HFPI) will increase the prices of all of its products by 6 percent beginning May 1.
As our economy recovers, we are faced with several other unexpected challenges in our supply chain, the company wrote in a letter to its customers. The worldwide demand has increased exponentially for many raw materials affecting most wood and steel products. Weather events have also created serious shortages in petroleum-based products.
Steel costs have risen 25 percent, wood products are up 12-15 percent, foam has increased 40 percent, and if that s not enough, transportation costs are up over 25 percent, the letter reads.
The company will also operate on a reduced schedule for the two weeks following April 2. Wesley expects the foam shortage to ease after the next three weeks.
“Late last week, it became apparent that our foam and cushion supply was no longer in a position that would allow us to continue that strategy,” the company wrote in a letter to customers. “Our largest cushion supplier has been forced to close for two weeks, and our second largest supplier is currently working a very abbreviated schedule.”
The shortage comes at an unfortunate time for Wesley and other furniture makers - many of whom have been seeing a sharp increase in demand. Residential furniture orders saw a 27 percent rise in December 2020 from the same month in 2019, and a 15 percent increase for entire year of 2020 over 2019.
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