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Global demand for furniture is forecast to expand 3.8% p.a. between 2016 and 2020. Currently, seats account for 35.7% of the global demand while the remaining market share is divided between mattresses (3.2%), metal office furniture (1.9%), other metal furniture (11.3%), wooden bedroom furniture (8.2%), wooden kitchen furniture (4.4%), wooden office furniture (2.9%), other wooden furniture (18.2%), other plastic furniture (2.0%), furniture parts (9.5%) and other furniture (2.8%).

Cambodia, China, Cyprus, Germany and the United States are considered the highest potential markets in the coming years. China, Germany, Italy, the United Kingdom and the United States represent the largest furniture markets while the strongest annual growth is forecast to occur in Cambodia (13.7%), Cyprus (12.6%), Moldova (11.1%), Ethiopia (10.8%) and Vietnam (9.4%).

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