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40 Canadian firms crack latest FDMC 300 report

CEDAR RAPIDS, Iowa –
Global Furniture Group of Downsview, Ontario, tops all Canada-based wood products companies in the recently published 2021 FDMC 300 report.
The office furniture manufacturer ranks 15
th overall in FDMC’s annual ranking of the U.S. and Canadian wood products companies by sales volume. Global Furniture generated an estimated $1 billion in 2020 sales and employs 4,500 people. Its manufacturing operations total more than 4 million square feet to produce contract and RTA furniture, seating and more for offices, hospitality, healthcare and educational institutions.
Two other Canadian companies are among the top 25 companies: Dorel Industries, No. 16, and Teknion, No. 23.
Montreal-based
Dorel, which recently opted not to go private, makes residential, RTA and juvenile furniture, plus other products at its five plants in Canada and the U.S. Dorel’s sales totaled an estimated $935 million in 2020 and employs 1,500 people. ....

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Modular Furniture and Furniture Market: A Comprehensive study explores Huge Growth in Future

Modular Furniture and Furniture Market: A Comprehensive study explores Huge Growth in Future
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Global Furniture Market Projected To Reach US$ 726.7 Bn By 2026

According to the latest report published by Acute Market Reports âGlobalÂ
Furniture MarketÂ – Growth, Future Prospects and Competitive Analysis, 2018-2026,â the global furniture market was valued at US$ 491.2 Bn in 2017, expected to grow at a CAGR of 4.6% from 2018 to 2026.
Browse the full report GlobalÂ
Furniture MarketÂ – Growth, Future Prospects and Competitive Analysis, 2018-2026 report atÂ Â
Market Insights
The growth of the furniture industry is majorly attributed to the growing base of millenials and due to this factor, the manufacturers are fairly optimistic about the steady increase in the sale of furniture in the coming years. Moderate growth of the residential sector is expected to have a positive impact on the growth of the furniture industry. ....

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