Furniture and Furnishings Market Procurement Report: Furniture and Furnishings Market Category Growth and Supplier Selection Criteria Insights Now Available from SpendEdge

LONDON--(BUSINESS WIRE)--The global Furniture and furnishings market is poised to experience spend growth of more than USD 90 billion between 2019-2024 at a CAGR of over 4%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic.

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SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Furniture and furnishings market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. Awareness about postural injuries due to sitting for long hours in office will result in high demand for ergonomic furniture across the corporate sectors and institutions such as schools and universities. This will act as a key factor that will drive the spend growth of the furniture and furnishings market to a significant extent through 2024.

Report scope snapshot: Furniture and furnishings Market

Market insights

• Regional spend dynamics
• Regional influence on global spend

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Category ecosystem

• Market favorability index for suppliers
• Supplier ecosystem

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Category definition

• Category hierarchy
• Category scope
• Category map

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SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred market intelligence partner for leading Fortune 500 firms and other leading companies across industries. Our strength lies in delivering actionable insights that help sourcing and procurement professionals get the right information in the right format, without any unnecessary frills.

Our procurement market intelligence coverage extends across critical processes of sourcing strategy planning process and helps clients achieve more than mere monetary savings. Our procurement insights are well-defined to meet the information needs of the procurement organizations and are aimed at helping category managers extract hidden values out of sourcing teams, suppliers, contracts, and processes.