Commercial Furniture Market to be Dominated by Seating Type through 2027
Rapid urbanization and booming hospitality sector are expected to drive the growth of the global commercial furniture market in the forecast period, 2023-2027. According to TechSci Research report, “ Commercial Furniture Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global commercial furniture market is anticipated to grow at a formidable CAGR during the forecast period, 2023-2027. The rise in the number of modification and renovation projects in countries like India and the United States fuels the demand for commercial spaces. Increased competition among the market players, the rise in trade activities, and improvements in international relations are bolstering commercial spaces. The development of commercial spaces like malls and shopping complexes to fuel economic growth and the availability of furniture providing a better, comfortable experience suitable for advanced infrastructure is expected to fuel market growth. The...