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Good! 2023 North America furniture market size will reach $400 billion!
According to a new report released by Allied Market Research, the North American furniture market is expected to grow from $249.4 billion in 2020 to $400.7 billion by 2030, growing at a CAGR of about 4.9% from 2021-2030.
...According to a new report released by Allied Market Research, the North American furniture market is expected to grow from $249.4 billion in 2020 to $400.7 billion by 2030, growing at a CAGR of about 4.9% from 2021-2030.
According to the report, the growth of the furniture market will be driven by various factors, such as increasing disposable income, growth in the real estate and hospitality sectors, and demand for luxury and high-end furniture from certain consumer segments. In addition, increased government investments in infrastructure development will also boost the demand for furniture in the residential and commercial sectors in the near future. Also, the integration of IoT with furniture products and the development of automated manufacturing systems will have a significant impact on the furniture industry.
On the basis of type segmentation, the North American furniture market is segmented into quick assembly furniture (RTA), residential furniture, and commercial furniture. On the basis of distribution channel, the North American furniture market includes supermarkets and hypermarkets, specialty stores, e-commerce platforms, and others. By country/region, the major markets include the U.S., Canada, and Mexico.
Based on type, residential furniture contributes the most to the overall market. According to statistics, residential furniture accounts for 47% of the North American furniture market share in 2020. Residential furniture is expected to continue to hold the highest market share during the forecast period. This is due to the growing economy that has boosted consumer spending power, which in turn has driven the sales of furniture. Rapid growth in infrastructure and real estate markets is also driving the demand for residential furniture products across the U.S. region. In addition, the surge in demand for home office furniture has also contributed to the growth in sales of residential furniture.
However, commercial furniture will grow faster than other types, at a CAGR of about 5.1%. Growth in this market is being driven by large corporations and even emerging small companies that are investing heavily in office space renovation and interior decoration to provide a comfortable and productive environment for their employees. As a result, suppliers are designing office furniture products with the highest level of comfort and minimal stress. At the same time, smart furniture is becoming increasingly popular.
In terms of distribution channels, specialty stores account for a major portion of the market share due to their high visibility and wide penetration in the customer base. However, the widespread adoption of the Internet, online shopping platforms and changes in consumer buying behavior due to the new crown epidemic are expected to drive the growth of the e-commerce segment. The e-commerce segment is expected to be the fastest growing distribution channel during the forecast period due to the popularity and infrastructure development of e-commerce channels in North America.
In terms of country/region, the North American furniture market is dominated by the U.S., mainly due to the huge domestic demand, which is also influenced by the increasing disposable income of people and changing consumer lifestyles across the region. In addition, the integration of IoT with furniture products and the development of automated manufacturing systems are expected to have a significant impact on the furniture industry during the forecast period.
English Chinese translator
Hello, my name is JoJo-based in Guangzhou . An trustful, easygoing and thoughtful young lady.I am your personal English interpreter with excellent experience helping you plan and carry out a successful business trips to China
...
Hello, my name is JoJo-based in Guangzhou . An trustful, easygoing and thoughtful young lady.I am your personal English interpreter with excellent experience helping you plan and carry out a successful business trips to China
From booking of good hotels, arranging your meeting schedule and transport, I can work with you from the planning stage ensuring everything is well planned in advance, allowing you to focus on having good quality meetings and a successful trip.
After your trip I am available to help follow up and communicate with these suppliers, help with QC inspection and shipping arrangements as required.
I have rich experienced with Canton Fair exhibition and visit , product sourcing and factory visiting in Dongguang and Guangzhou ,and also familiar with Guangzhou / Yiwu Commodity Market.
Guangzhou is a really good business center (various big wholesale markets gather here,such as auto parts, shoes, garmets,handbags, furniture,jewellery....).
(Yiwu Commodity Market is a very large market located south of Shanghai where many factories have sales office / showroom presence and pricing is competitive and MOQ's are low)
Good command of self-learning ability and always be passionate for my life and my work
Available services：
- Sourcing & Visiting Factories / Suppliers
- Exhibitions / Trade Shows
- Business Meeting / Negotiations
- Market Research
- Personal Tour Guide
- Car rental
- Show Local Culture/ Food /Shopping/ Sightseeing
Sourcing furniture from Foshan China
Foshan is the furniture center in China which has more than 5000 factories. And thousands of furniture suppliers. You can find any kind of furniture for residents ,office ,hotels.
...Foshan is the furniture center in China which has more than 5000 factories. And thousands of furniture suppliers. You can find any kind of furniture for residents ,office ,hotels.
For many years we’ve been specializing in sourcing furniture from China ,We focus on collecting China’s reliable furniture suppliers database ,including :residence ，hotel furniture ，office furniture，restaurant ，bars ，shops ect . So we can help you source the best-priced furniture with our unique supplier’s resources. And plus our strength discount rate shipping solution worldwide . That ‘s how your Profit with MoreFar Global .
Sourcing tours by Best furnishing sourcing agent in China
Furnishing and building material sourcing tour is a perfect opportunity to save time, buy furniture and accessories in only one location – Foshan. The tour includes furniture. Now, instead of weeks and months wandering, it takes 5-10 days in one location. It was never as straightforward as now!
There are over 5000 factories here, Foshan is China’s capital for furniture production. Furnished for the home , office, hotel, restaurant , bar, nightclub. You will find everything you need.
We have close relations with the leading Chinese suppliers for Furnishing and Busilding material for any project you have. If you have a trader, we can ensure you that you will get value for money.
Foshan building material supplier in China can help you get great deals so that you can please your customers as well as make a lot of money.
Top Guangdong Province Tours
$150 Per Day
Guangzhou
Day 1 Arrive in Guangzhou
Arrive in Guangzhou in the morning, you will be met and transferred to hotel, then visit Sun Yat-sen Memorial Hall. The Memorial Hall is a very famous historical scenic spot. It is in memory of Sun Yat-sen, the great revolutionary forerunner. After that proceed to visit the Ancestral Temple of the Chen Family. It is a unique site for offering up sacrifices to worship ancestors of 72 Chen families in Guangdong. This ancestral temple is also the largest, best preserved and best decorated ancient architecture existing in Guangdong province.
...Read moreDay 1 Arrive in Guangzhou
Arrive in Guangzhou in the morning, you will be met and transferred to hotel, then visit Sun Yat-sen Memorial Hall. The Memorial Hall is a very famous historical scenic spot. It is in memory of Sun Yat-sen, the great revolutionary forerunner. After that proceed to visit the Ancestral Temple of the Chen Family. It is a unique site for offering up sacrifices to worship ancestors of 72 Chen families in Guangdong. This ancestral temple is also the largest, best preserved and best decorated ancient architecture existing in Guangdong province.
Day 2 Guanzhou Tour
After breakfast, you will go to Yuexiu Park first, the largest and the most famous park in downtown Guangzhou. There are three artificial lakes and seven hills of Yuexiu Mountain. Then you will visit Temple of Six Banyan Trees, which is one of the four best Buddhist temples in Guangzhou and located on the Liurong Road (meaning the Six Banyan Trees Road). The Nanyue King Tomb Museum is a must-see Guangzhou attraction, which dates back to 2,000 years ago, is the earliest large scale painted stone chamber tomb ever found south of the Five Ridges. Buried with the tomb owner in a jade shroud are a gold seal and a lot of exquisite jade adornments. It has become a world famous museum. After the day tour you will be transferred to airport for your next destination.
$150 Per Day
Discovery of Martial Art City-One Day Sight Seeing Trip To Ancestor’s Temple And Bruce Lee Ancestor House In Foshan
Chinese new year, the most important festival for chinese. Many staff will have 7 days vacation, which can make good use of these day to travel and have relax. Most customers from Synotrip contact me whether to be their tour guide and interpreter during the new year .I was born in Guangzhou ,my hometown is Guangzhou, I know the culture of Guangzhou and Guangdong the best, that's why so many clients choose me to their interpreter.
...Read moreChinese new year, the most important festival for chinese. Many staff will have 7 days vacation, which can make good use of these day to travel and have relax. Most customers from Synotrip contact me whether to be their tour guide and interpreter during the new year .I was born in Guangzhou ,my hometown is Guangzhou, I know the culture of Guangzhou and Guangdong the best, that's why so many clients choose me to their interpreter.
One of clients contact me from Synotrip, now we become friends. He is obsess with chinese martial art and Bruce Lee, so he decide to come to China to follow the step of martial idol.
He ask me to plan a “discovery of martial art” trip for him. No doubt that Foshan, which is renowned for its martial art form, is the best place to him. In fact, the city of Foshan can be called the birth place and home town of this particular martial art form. The notable celebrity are Ip Man, Bruce Lee, and Wang Fei Hong who is a legendary martial art master and doctor and seldom foreigner know him.
We plan to visit Ip Man memory hall in Ancestral Temple first, after that, go to Bruce Lee ancestor house. Actually, we can go Ancestral Temple by metro from Guangzhou. There is a Guangfo line connected Guangzhou and Foshan, which it is more convenience for the people of two city. But considering the distance from Guangzhou East to Foshan, tight schedule, and the place of Bruce Lee ancestor house is a remote village hard to get there by public transportation, we decided to rent a car for traveling.
My friend arrived at about 9:30 am at Guangzhou East station,and after picking him up we headed to Ancestral Temple. The Foshan Ancestral Temple is commonly called Zumiao. It is a Daoist temple, museum, and exhibition center. The architecture, decor and articles on view in Foshan Ancestral Temple are remarkably refined, and are part of the unique historical heritage of Foshan.
Because my friend is a martial art fans, so we directly to the Ip Man memory hall.Ip man, a man dedicated to a Wing Chun, is a famous Chinese martial art master, had been a master of Bruce Lee. Bruce Lee learn Wing Chun and develop it in his Jeet Kune Do. In the museum, you can see a likeness of Ip Man, martial arts training equipment, and a plaque with information about him.
There is another memory hall for famous legendary martial artist and doctor named Wang Fei Hong. In this place,we also see a chinese traditional customs performance ---lion dance.
We are so deep addicted to enjoying the time in the Ip Man hall and lion dance without noticing that it comes to the afternoon. We need to head to next place - Bruce Lee Ancestor House, which it take one hour to arrive from temple.
Bruce Lee who is considered by many as the most influential martial artist of the 20th century, and an important cultural icon. He used Wing Chun, as his base, learned from the influences of other martial arts, and later created his own martial art philosophy — Jeet Kune Do.
The Bruce Lee Ancestral House located in Jun'an Town is another site for Bruce Lee fans to visit.Built by his grandfather, Lee came back to the house once and lived in the house for only a few days. Even though we only just saw the furniture and the introduction of him and his family, we still felt exciting stand a place which Bruce had been lived.
We spent a great day to feel the martial art culture and gorgeous historical building in Foshan. My friend is pretty good impressed and said that he must would share this experience to his martial art friend when he go back to UK.
$100 Per Day
One Day tour for furniture and building materials wholesale markets in Guangzhou and Foshan
Foshan is the manufacture basement for Furniture, Building Material and Lighting. Has professional wholesale market for different products, all market are not far away from each other, if you wanna have a roughly idea about the market before you go into detail purchase, one day tour can be helpful to you.
Our company provide you professional one day tour service in Foshan.
Here is the suggested one day tour plan.
1, 9:00am
Pick you up in your hotel at 8:30am with a private car....Read more
Foshan is the manufacture basement for Furniture, Building Material and Lighting. Has professional wholesale market for different products, all market are not far away from each other, if you wanna have a roughly idea about the market before you go into detail purchase, one day tour can be helpful to you.
Our company provide you professional one day tour service in Foshan.
Here is the suggested one day tour plan.
1, 9:00am
Pick you up in your hotel at 8:30am with a private car.
Market open at 9:00am, we can arrive the market about 10:00am, depending on where is your hotel.
2, 10:00am
Arrive Lecong Furniture market street.
Lecong furniture market is a road which is over 5,000km, with over 30 furniture wholesale building, with different level, for example Luvor is high end building with most variety of choice and design. You can find home furniture (morden, classicla, new classical, American coutry style, French style etc.), office furniture, hotel furniture, sanitary ware, lighting, home decoration items inside.
We can start from Luvor.
3, 11:30am
Arrive Kitchen/waredrobe and Lighting market.
Kitchen and lighting market is on the same road of furniture street. 3 minutes by car from the Furniture market. It's two building, one building with three floor for kitchen, one building with three floor for lighting, it's the biggest professional market for kitchen/waredrobe and lighting.
4, 1:00pm
Lunch.
There is a food street behind of the kitchen/waredrobe and lighting market. With variety style of food, western style, China style (Local cantoness food, spicy food etc.)
Average cost is 8USD - 20USD per person.
5, 2pm
IFEM
IFEM is the biggest complex building for furniture, building material and lighting in Foshan also in China, but still new not so busy untill now. (2015.10)
Around 10 minutes from the food street.
6, 3pm
Zhie ye ceramic wholesale market.
This market is middium to low level market for ceramic tiles and sanitary ware. Just behind IFEM.
7，4pm
China ceramic city
China ceramic city is the midium to high level ceramic tiles and sanitary ware wholesale market, including almost all of the famous international brand also China brand.
It's around 5 minutes from zhiye ceramic wholesale market.
8, 5pm
Huayi building decoration material wholesale market.
Huayi building decoration material wholesale market including all materials related to building decoration, like window, door, wooden floor, sanitary ware, kitchen, waredrobe, lighting, ceiling, wall paper etc.
9, 6:00pm
Finish one day tour, send you back hotel or other relevant place accorording to your requirement.
Charge:
150 USD per day for the one day tour guide+Driver， 9hours per day.
No other extra cost.