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Article: “Canadian Furniture Market Trends”

– The Canadian furniture market is seeing rising consumer interest and market growth.
– The industry saw an unexpected surge during the pandemic due to people spending more time at home.
– The home office furniture segment is particularly growing due to the trend of remote working.
– Sustainability is becoming a paramount concern for furniture companies, with many starting to use recycled or eco-friendly materials.
– Canadian consumers are showing a preference for unique, locally-made furniture pieces over mass-produced ones.
– Augmented Reality (AR) is being adopted by leading industry players to offer an immersive online shopping experience.
– The industry is expected to see a Compound Annual Growth Rate (CAGR) of 3.5% between 2020 and 2025.

Canadian Furniture Market Sees significant growth

A Surprising Surge Amidst the Pandemic

While most industries took a hit during the COVID-19 pandemic, the Canadian furniture market experienced the opposite, with people working from home and therefore focusing on enhancing their living spaces. Sustainability has also made its way into the industry, with many companies ‘going green’ and using recycled or eco-friendly materials.

Home Office Furniture: The New Normal

The remote working trend sparked a rise in demand for home office furniture. Canadian customers continue to lean towards unique, locally-made pieces over mass produced items, giving a boost to small and mid-sized furniture makers.

Technology Integration and Future Growth

Augmented Reality has made sourcing furniture online more immersive and user-friendly. Looking ahead, experts predict a steady market growth, with a Compound Annual Growth Rate of 3.5% from 2020 to 2025.

In conclusion, the Canadian furniture market is thriving, with considerable growth observed during the pandemic. Boosted by the work-from-home trend, an appreciation for locally-made, unique furniture, and the integration of technology like AR for enhancing the customer experience, the industry has set a definite upward trajectory. Moreover, the influence of sustainability in manufacturing practices highlights an industry-wide shift towards eco-consciousness, further solidifying the sector’s positive outlook.

orignial article https://www.finewoodworking.com/?p=450473

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