The Asia-Pacific furniture market is the fastest growing market among all regional markets japan property agency.
Asia-Pacific furniture market situation The Asia-Pacific furniture market is the fastest growing market among all regional markets japan property agency. This is mainly due to strong growth in emerging markets such as China, Vietnam, and India. According to the report, the above three countries have performed well in terms of market size and growth rate. Their market sizes are relatively large and japan property agency their market growth rates are among the highest in the world. At the same time, Japan, South Korea, Singapore and other Asian developed countries still have a large furniture market, but the japan property agency market growth rate is relatively low, of which Japan shows a negative growth trend. European and American furniture market situation After the financial crisis in the United States, the furniture industry japan property agency continued to recover. In 2018, retail sales of furniture and home products in the United States amounted to US $ 121.2 billion, an japan property agency increase of 3.25% year-on-year, and have maintained an annual growth rate of more than 3% since 2012. It is japan property agency expected that the annual growth rate of the US furniture market will fall to about 2.6% from 2018 to 2022, and sales are expected to reach $ 194.8 billion in 2022. Source: In 2018, the EU’s 28 EU countries announced that their total output value increased by 2.0% year-on-year, about US $ 228.8 billion. Affected by the weak economic growth in Europe, lower consumption and other factors. The growth rate of this market is expected to be about 2.6% in the next few years, and by 2022, the value of furniture production in Europe is expected to reach 253.5 billion US dollars. Source: China’s furniture market. Furniture products have a low-frequency passive consumption attribute. The main reasons for Chinese consumers to buy furniture are relocation, refurbishment, and purchase of new pieces. The annual growth rate of the American furniture market will fall to about 2.6%, and sales are expected to reach 194.8 billion US dollars in 2022. Source: In 2018, the EU’s 28 EU countries announced that their total output value increased by 2.0% year-on-year, about US $ 228.8 billion. The annual growth rate of the American furniture market will fall to about 2.6%, and sales are expected to reach 194.8 billion US dollars in 2022. Source: In 2018, the EU’s 28 EU countries announced that their total output value increased by 2.0% year-on-year, about US $ 228.8 billion. The annual growth rate of the American furniture market will fall to about 2.6%, and sales are expected to reach 194.8 billion US dollars in 2022. Source: In 2018, the EU’s 28 EU countries announced that their total output value increased by 2.0% year-on-year, about US $ 228.8 billion. Source: In 2018, the EU’s 28 EU countries announced that their total output value increased by 2.0% year-on-year, about US $ 228.8 billion. The annual growth rate of the American furniture market will fall to about 2.6%, and sales are expected to reach 194.8 billion US dollars in 2022. Source: In 2018, the EU’s 28 EU countries announced that their total output value increased by 2.0% year-on-year, about US $ 228.8 billion.
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