– Jerry Epperson, a well-respected analyst in the furniture industry, recently shared insights hinting at a promising outlook for the sector.
– Major department stores are renewing their investments in furniture offerings due to the profitable margins compared to clothing.
– The home-office furniture sector has seen exponential growth following a surge in remote work due to the pandemic.
– The use of 3D virtual reality technology capable of providing consumers with a realistic view of furniture pieces has been adopted enthusiastically by significant players.
– With the rebound of the real estate market, more households are likely to buy new furniture and home decor.

There are Bright Days Ahead for the Furniture Industry

Jerry Epperson Sheds Light on Future Trends

Department Stores Renew Interest in Furniture

According to Jerry Epperson, an industry analyst of high regard, an optimistic future is apparent for the furniture sector. Interestingly, amid a retail shift, major department stores have found a profitable orbit in furniture sales, outstripping returns on clothing lines.

Home-Office Furniture Demand Surges

The drastic increase in remote employment since the pandemic has spurred substantial growth in the home-office furniture department. More workers find the need for ergonomic and stylish solutions that blur the line between comfort and productivity.

3D Virtual Reality Approaches Furniture Shopping

Innovative strides, such as the use of 3D Virtual Reality technology, provide a lifelike view of furniture pieces, marking an engaging shopping experience. This advancement has seen wild success, with significant industry players enthusiastically incorporating it into their business models.

A Thriving Real Estate Market Means New Furniture Purchases

The promising return of the real estate market has translated into a positive forecast for furniture sales, too. More households moving or upgrading their homes inevitably leads to the buying of new furniture and home decor.

Pulling up the seat on this comfortable couch of information, it’s clear we’re lounging towards brighter days in the furniture business. From the renewed department store interest to the surging demand spurred by remote work, growth isn’t just visible; it’s as tangible as your favorite reclining chair. Throw in the digital advancements via 3D VR technology and its potential to redefine consumers’ shopping experiences, it’s no surprise that experts like Epperson are calling for optimism. So, whether you’re looking to start a furniture business or renovate your living room, now might be the best time to get started.

originial article https://www.furnituretoday.com/?p=316056

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