Furniture Industry Trends
Consumers are opting for less expensive, ready to assemble furniture pieces. Also, independent bedding retailers are facing competition from mass merchants and department stores as well as on-line retailers. There is, however, opportunity to boost revenue by offering accessories such as mattress toppers and pillowcases.
Here are some more stats around furniture industry trends for the past year.
Source: 2019 IBISWorld, 2019 Furniture Today Study