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In 2024, Chinese furniture industry faces the challenges of volatile international environment and rising costs.

The global furniture industry is a dynamic sector shaped by cultural, economic, and technological shifts. Blending traditional craftsmanship with modern innovation, it continues to evolve with changing consumer preferences and market demands.

As people increasingly seek higher-quality outdoor living experiences, the global outdoor furniture market is witnessing strong growth. Currently valued at over $5.76 billion, the market is expanding at a steady annual growth rate of 8.6%.

With advancements in technology, smart furniture is becoming the mainstream trend. By integrating IoT and AI, smart furniture enhances convenience and comfort, offering features such as health management and entertainment.

Living rooms in small apartments can be compact yet stylish. With smart design, even limited space can feel larger and more functional. The sofa, being the centerpiece, plays a crucial role in this transformation.

The Rise of New Furniture Consumption: Fueling Industry Growth New furniture consumption is injecting fresh momentum into the industry, becoming the next gold rush for furniture brands, designers, and dealers.

The global furniture market demonstrates the dominance of China and the United States in furniture manufacturing. 1. Output Value: China and the U.S. Lead the Global Market The global furniture output value rebounded to $460 billion in 2018.

With the deepening of globalization and the growing diversification of consumer lifestyles, the global furniture market is experiencing unprecedented development opportunities.

Outdoor furniture, which has been a hot-selling category in Europe and the United States for many years, is now entering a growth stage in the domestic market.

In recent years, the furniture industry has experienced significant transformation, driven by changing consumer preferences and technological advancements.