Global Small Space Furniture Market Set for Strong Growth Driven by Urbanization and Evolving Consumer Needs

The global small space furniture market is poised for significant growth, expected to register a remarkable compound annual growth rate (CAGR) of 5.9%, reaching a market value of USD 6 billion by 2030. This surge in demand is driven by several factors including urbanization, rising housing costs, and the increasing trend of smaller living spaces …

Small Space Furniture Market Is Estimated To Develop At A Substantial CAGR For The Duration Of The Prediction.

Small space furniture typically include foldable beds, retractable and mounted tables, island kitchens, ottomans, foldable kitchens, compact coffee tables, wardrobes, portable book shelves and expanding tables to name a few. In today’s world, small space living has emerged as the new normal. As urbanization gathers momentum, the need for urban housing is surging rapidly. By …