– Mergers and Acquisitions (M&As) in the furniture industry may be seeing a resurgence, according to industry panelists.
– Factors contributing to the potential rise include increased cash flow from pandemic-related savings, low-interest rates, and pent-up demand.
– The industry panelists believe that the consolidation trend amongst furniture retailers is likely to continue.
– The impact of the pandemic on both cash flow and operations of businesses has helped reveal potential business opportunities and weaknesses.
– With rising industry competition, M&As are increasingly seen as an effective strategy to accelerate business growth and enhance industry presence.

Ramp-Up in M&As Expected in the Furniture Industry

A Potential Rise in Mergers and Acquisitions

With the residual impact of the pandemic and the changes it has brought, industry panelists have hinted at a likely rise in Mergers and Acquisitions (M&As) within the furniture industry. This may come as a result of several contributing factors like increased cash flow from the savings made during the pandemic-induced lockdowns, lowered interest rates, and a pent-up customer demand.

The Continued Trend of Consolidation

The panelists believe that the industry may continue to witness the ongoing trend of consolidation amongst furniture retailers. The effects that COVID-19 had on businesses’ cash flow and operations have not only presented opportunities of potential growth but also revealed areas of critical vulnerabilities.

With the competitive nature of the furniture industry, M&As could be seen as a strategic move for businesses wanting to accelerate growth, increase market share, and achieve a formidable presence in the industry.

In conclusion, the next couple of years may be indicative of an increasingly dynamic and consolidated furniture industry landscape. As panelists predict, the surge in M&As is likely to accelerate with a keen eye on capitalized growth, profitability, and clearly-defined market spaces. Businesses in the industry must prepare to adapt to this changing climate, whether they are envisioning to acquire, merge, or simply remain competitive.

originial article https://www.furnituretoday.com/?p=317472

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