ASKT International Co., LTD’s Post

𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 size was estimated at $534 billion in 2023, projected to grow at a CAGR of 4.8% during the forecast period 2024-2030. as per IndustryARC™ Latest Market Research Report.   Check Market Research 𝑹𝒆𝒑𝒐𝒓𝒕 Here @ https://lnkd.in/ey9Dqpxd   𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 Furniture market has witnessed huge demand for its role in comfort, aesthetics, and functionality in living spaces. Furniture market includes sale of furniture by various entities that manufacture furniture including Accent Chairs, Hoosier Cabin, Fainting Couch, desks, various cabinets or fixtures that are used in spa, laboratories, office, restaurants, residential purpose, outdoor, library, stores and many other places to support human activities. Various types of materials are used in making a furniture, such as plastic, wood, metal, silver and other. However, wood furniture is often preferred for both manufacturing and exportation. The growth in the market is mainly attributed to the companies that are now re-arranging their work places and recovering from COVID-19 impact that has led to social distancing, closure of commercial activities resulting in operational challenges. 𝐓𝐨 𝐁𝐮𝐲 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 / 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 @ https://lnkd.in/ec5KtmQJ   Furniture comes in wide range varieties for seating like accent chairs, fainting couches for living rooms to add elegance, dining, sleeping, working, storage and others. Rapid growth in real estate industry in current situation is boosting the market growth. Moreover, increased disposable income, adapting comfortable lifestyle coupled with rapidly growing online shopping is anticipated to aid the furniture market. For instance, in countries like India, e-commerce platforms has propelled the sales of furniture manufacturers by providing larger exposure to producers that are confined to one geography. However, poor transportation facilities, lack of skilled labor are projected to hamper the furniture market growth.   𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬  : ▪ IKEA ▪ Ashley Furniture Industries ▪ Wayfair ▪ La-Z-Boy Incorporated ▪ Bassett Furniture Industries, Inc. ▪ Williams-Sonoma, Inc. ▪ Herman Miller ▪ Steelcase ▪ Bernhardt Design ▪ Haworth ▪ Kimball International ▪ RH ▪ Roche Bobois ▪ poltronesofà ▪ Actona Group A/S ▪ Steinhoff International

𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 size was estimated at $534 billion in 2023, projected to grow at a CAGR of 4.8% during the forecast period 2024-2030. as per IndustryARC™ Latest Market Research Report.   Check Market Research 𝑹𝒆𝒑𝒐𝒓𝒕 Here @ https://lnkd.in/gVsyYtHf   𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 Furniture market has witnessed huge demand for its role in comfort, aesthetics, and functionality in living spaces. Furniture market includes sale of furniture by various entities that manufacture furniture including Accent Chairs, Hoosier Cabin, Fainting Couch, desks, various cabinets or fixtures that are used in spa, laboratories, office, restaurants, residential purpose, outdoor, library, stores and many other places to support human activities. Various types of materials are used in making a furniture, such as plastic, wood, metal, silver and other. However, wood furniture is often preferred for both manufacturing and exportation. The growth in the market is mainly attributed to the companies that are now re-arranging their work places and recovering from COVID-19 impact that has led to social distancing, closure of commercial activities resulting in operational challenges. 𝐓𝐨 𝐁𝐮𝐲 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 / 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 @ https://lnkd.in/g57Tfatf   Furniture comes in wide range varieties for seating like accent chairs, fainting couches for living rooms to add elegance, dining, sleeping, working, storage and others. Rapid growth in real estate industry in current situation is boosting the market growth. Moreover, increased disposable income, adapting comfortable lifestyle coupled with rapidly growing online shopping is anticipated to aid the furniture market. For instance, in countries like India, e-commerce platforms has propelled the sales of furniture manufacturers by providing larger exposure to producers that are confined to one geography. However, poor transportation facilities, lack of skilled labor are projected to hamper the furniture market growth.   𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬  : ▪ IKEA ▪ Ashley Furniture Industries ▪ Wayfair ▪ La-Z-Boy Incorporated ▪ Bassett Furniture Industries, Inc. ▪ Williams-Sonoma, Inc. ▪ Herman Miller ▪ Steelcase ▪ Bernhardt Design ▪ Haworth ▪ Kimball International ▪ RH ▪ Roche Bobois ▪ poltronesofà ▪ Actona Group A/S ▪ Steinhoff International

𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 size was estimated at $534 billion in 2023, projected to grow at a CAGR of 4.8% during the forecast period 2024-2030. as per IndustryARC™ Latest Market Research Report.   Check Market Research 𝑹𝒆𝒑𝒐𝒓𝒕 Here @ https://lnkd.in/gVsyYtHf   𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬 Furniture market has witnessed huge demand for its role in comfort, aesthetics, and functionality in living spaces. Furniture market includes sale of furniture by various entities that manufacture furniture including Accent Chairs, Hoosier Cabin, Fainting Couch, desks, various cabinets or fixtures that are used in spa, laboratories, office, restaurants, residential purpose, outdoor, library, stores and many other places to support human activities. Various types of materials are used in making a furniture, such as plastic, wood, metal, silver and other. However, wood furniture is often preferred for both manufacturing and exportation. The growth in the market is mainly attributed to the companies that are now re-arranging their work places and recovering from COVID-19 impact that has led to social distancing, closure of commercial activities resulting in operational challenges. 𝐓𝐨 𝐁𝐮𝐲 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 / 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 @ https://lnkd.in/g57Tfatf   Furniture comes in wide range varieties for seating like accent chairs, fainting couches for living rooms to add elegance, dining, sleeping, working, storage and others. Rapid growth in real estate industry in current situation is boosting the market growth. Moreover, increased disposable income, adapting comfortable lifestyle coupled with rapidly growing online shopping is anticipated to aid the furniture market. For instance, in countries like India, e-commerce platforms has propelled the sales of furniture manufacturers by providing larger exposure to producers that are confined to one geography. However, poor transportation facilities, lack of skilled labor are projected to hamper the furniture market growth.   𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬  : ▪ IKEA ▪ Ashley Furniture Industries ▪ Wayfair ▪ La-Z-Boy Incorporated ▪ Bassett Furniture Industries, Inc. ▪ Williams-Sonoma, Inc. ▪ Herman Miller ▪ Steelcase ▪ Bernhardt Design ▪ Haworth ▪ Kimball International ▪ RH ▪ Roche Bobois ▪ poltronesofà ▪ Actona Group A/S ▪ Steinhoff International

Check out our article on pages 4, 24-25 where we showcase all the exciting things that have happened this year! Thanks again to Big Furniture Group for featuring us. . . . #GuardsmanNews #GuardsmanUpdate #NewGuardsman #GuardsmanUK #TeamGuardsman #NewOffice #NewTeam #NewLook #IndustryLeaders #WorkingTogether #PartnershipApproach #ComplianceLead #InsuranceExperts

The Furniture Industry: Trends and Future Outlook The furniture industry is constantly evolving, driven by technological advancements, changing consumer preferences, and a growing focus on sustainability. Here, we explore some key trends and the future outlook of this dynamic sector. 1. Personalization and Customization: Consumers are increasingly seeking furniture that reflects their unique style and needs. This has led to a rise in customization options, allowing individuals to tailor furniture to their specific dimensions, materials, and finishes. 2. Smart Furniture: Technology is integrating into furniture, creating smart pieces with features like wireless charging, voice control, and even health monitoring capabilities. This trend is expected to continue, blurring the lines between furniture and technology. 3. Sustainable Materials: Consumers are becoming more environmentally conscious, driving a demand for furniture made from sustainable materials like bamboo, recycled plastic, and reclaimed wood. This shift is pushing manufacturers to explore innovative and eco-friendly options. 4. Multifunctionality: As living spaces become more compact, furniture is required to serve multiple purposes. This has led to the development of space-saving, multi-functional pieces like convertible sofas, foldable tables, and storage ottomans. 5. E-commerce Boom: Online furniture sales are experiencing significant growth, offering consumers a wider selection and competitive prices. This trend is likely to continue, with online platforms playing an increasingly important role in the industry. Looking ahead, the furniture industry is expected to: Embrace further technological advancements: Artificial intelligence, augmented reality, and virtual reality will likely play a larger role in furniture design, manufacturing, and retail. Prioritize sustainability: Manufacturers will continue to explore innovative and eco-friendly materials and production processes. Focus on personalization: Consumers will have even greater control over the design and customization of their furniture. Expand online presence: E-commerce platforms will continue to evolve, offering personalized shopping experiences and seamless delivery options. The future of the furniture industry is bright, with exciting possibilities for innovation, sustainability, and personalization. As consumer needs and preferences continue to evolve, the industry will adapt and thrive, offering solutions that enhance our living spaces and lifestyles. Contact us via Whatsapp: https://lnkd.in/eqJY9tKc Visit us: www.asktfurniture.com Email: sales@sinoaskt.com/inquiry@sinoaskt.com

Choosing Steel Furniture: A Guide from Sonai Furniture As the owner of Sonai Furniture, a brand trusted for 22 years for its innovation and quality in steel furniture, I’m here to share insights to help you make the best choices for your home or office. With my experience and background as a former chairman of the Confederation of Indian Industries, I also invite young entrepreneurs looking to start a technically advanced steel furniture factory to connect with me. Here are some key factors to consider when selecting steel furniture: 1. Budget Start with a budget. This helps narrow down choices and keeps your search focused on quality options within your price range. 2. Needs Think about how the furniture will be used. Choose pieces that meet your functional requirements—whether for storage, seating, or workspace organisation. 3. Space Measure your available space to ensure the furniture will fit comfortably without crowding the room. 4. Quality Quality is essential for durability. Look for well-constructed steel furniture that can withstand daily use and last over the years. 5. Cost and Durability Strike a balance between cost and durability. It’s often better to invest in durable furniture that offers long-term value. 6. Features and Comfort Ensure the furniture has all necessary features and is comfortable, especially if it’s for regular use. 7. Ergonomics For furniture used for extended periods, ergonomic design is key. Good ergonomics mean better support and reduced strain. 8. Customization If you’re looking at custom-made furniture, explore available customization options to get the perfect fit and style for your needs. 9. Steel Thickness Check that the steel sheets meet industry thickness standards. This impacts the furniture’s stability and durability. 10. Material Choice Stainless steel is particularly advantageous due to its resistance to rust, corrosion, and stains. It holds up well in varying environmental conditions and retains its polished appearance over time. Steel furniture can provide both style and strength. Whether you're setting up a new home or a workspace, investing in quality steel pieces ensures you have furniture that stands the test of time. Young entrepreneurs, I’m here to help you navigate the setup of a modern, technology-driven steel furniture business—feel free to reach out for guidance!

🍃 Outdoor Furniture Market Trends: Embrace Industry Developments for Future Outdoor Spaces   As lifestyles and consumer preferences evolve, the outdoor furniture market is experiencing unprecedented growth and innovation. From design styles and material choices to intelligent applications, the industry is undergoing significant changes. This article provides an in-depth analysis of the latest trends in the outdoor furniture market, helping you stay ahead of the curve and create future-proof outdoor spaces.   1. Diversified Design Styles   The demand for personalized outdoor furniture is on the rise, leading to a diversification of design styles. From classic European and American styles to modern minimalist and Nordic designs, consumers have a wide range of options to suit their tastes and outdoor spaces.   2. Material Innovation and Application   The outdoor furniture industry is constantly exploring new materials, such as carbon fiber and bamboo, in addition to traditional materials like aluminum alloy, stainless steel, and wood. These innovative materials offer superior durability, corrosion resistance, and unique aesthetics.   3. Intelligent and Technological Trends   Advances in technology are driving the integration of intelligent features in outdoor furniture, such as solar-powered lighting, temperature regulation, and massage functions. This technology not only enhances comfort and convenience but also promotes energy efficiency and sustainability.   4. Customized and Personalized Demand   Consumers are increasingly seeking customized and personalized outdoor furniture to reflect their individual style and meet specific needs. This trend has led to the rise of tailored solutions and a growing market for personalized outdoor spaces.   5. Environmental Sustainability and Recycling   Environmental sustainability is a global concern, and the outdoor furniture industry is no exception. Consumers are increasingly choosing products made from eco-friendly materials and supporting recycling practices to reduce waste and promote a greener lifestyle.   6. Integrated Online and Offline Sales Models   The rise of e-commerce platforms and changing consumer shopping habits have led to the integration of online and offline sales models in the outdoor furniture industry. This approach offers consumers a more convenient and efficient shopping experience, combining the benefits of online browsing and offline physical touch.   In conclusion, the outdoor furniture market is driven by trends such as diversification, innovation, personalization, sustainability, and integrated sales models. As a consumer, staying informed about these trends and making informed choices based on your needs and preferences will help you create an ideal outdoor space that stands out in the future. By following industry news and professional advice on platforms like LinkedIn, you can stay ahead of the curve and make the most of your outdoor living experience.

Transform Your Space with Modular Furniture 🛋️ In today's fast-paced world, flexibility and efficiency are key when designing both living and working environments. Our latest blog post dives into the transformative power of modular furniture—a solution that not only maximizes space but also adapts to your evolving needs. 💡 Why Modular Furniture? Flexibility: Modular furniture is perfect for any space, whether it’s a small apartment, a growing office, or an eco-friendly exhibition. Sustainability: Made from recyclable materials, it’s an eco-conscious choice that contributes to a greener planet. Adaptability: From home offices to team collaboration zones, modular furniture grows with you and your space. 🌿 Whether you’re a startup looking to design a functional, future-proof workspace or an individual seeking customizable home solutions, modular furniture offers endless possibilities. 👉 Check out our blog to see how you can improve your space with versatile, sustainable, and stylish solutions. https://lnkd.in/gD3GRHvA #ModularFurniture #SpaceOptimization #SustainableDesign #OfficeDesign #HomeDesign #GreenExhibitions #EcoFriendly #WorkspaceSolutions #InteriorDesign #CircularEconomy #InnovationInDesign

𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐘𝐨𝐮𝐫 𝐒𝐩𝐚𝐜𝐞 𝐰𝐢𝐭𝐡 𝐒𝐦𝐚𝐫𝐭 𝐇𝐢𝐝𝐝𝐞𝐧 𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 🚀✨ 🌍 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐒𝐩𝐚𝐜𝐞, 𝐀𝐦𝐩𝐥𝐢𝐟𝐲 𝐅𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥𝐢𝐭𝐲! 𝐒𝐦𝐚𝐫𝐭 𝐡𝐢𝐝𝐝𝐞𝐧 𝐟𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐢𝐬 𝐫𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐮𝐫𝐛𝐚n living, blending style, tech, and versatility to transform small spaces into functional, elegant havens. As cities grow and apartments shrink, these innovative solutions are answering the call for space-saving design with style! 📈 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐧 𝐭𝐡𝐞 𝐑𝐢𝐬𝐞! 𝐓𝐡𝐞 𝐬𝐦𝐚𝐫𝐭 𝐟𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐛𝐨𝐨𝐦𝐢𝐧𝐠, 𝐰𝐢𝐭𝐡 𝐚 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐠𝐫𝐨wth from $225.91M in 2023 to $460.80M by 2030 (CAGR: 10.71%) 🌱. Growing demand for convenience, comfort, and adaptability is fueling this upward trend. 🔥 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐒𝐦𝐚𝐫𝐭 𝐅𝐮𝐫𝐧𝐢𝐭𝐮𝐫𝐞 𝐈𝐝𝐞𝐚𝐬: 𝐌𝐮𝐥𝐭𝐢𝐟𝐮𝐧𝐜𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐨𝐟𝐚 𝐁𝐞𝐝𝐬: 𝐒𝐰𝐢𝐭𝐜𝐡 𝐟𝐫𝐨𝐦 𝐬𝐨𝐟𝐚 𝐭𝐨 𝐛𝐞𝐝 𝐢𝐧 𝐬𝐞𝐜𝐨𝐧𝐝𝐬 – 𝐢𝐝𝐞𝐚𝐥 𝐟𝐨𝐫 𝐜𝐨𝐦𝐩𝐚𝐜𝐭 𝐬𝐩𝐚𝐜𝐞𝐬! 🛋️➡️🛏️ 𝐃𝐫𝐨𝐩-𝐋𝐞𝐚𝐟 𝐓𝐚𝐛𝐥𝐞𝐬: 𝐏𝐞𝐫𝐟𝐞𝐜𝐭 𝐟𝐨𝐫 𝐤𝐢𝐭𝐜𝐡𝐞𝐧𝐬, 𝐞𝐱𝐩𝐚𝐧𝐝 𝐨𝐫 𝐟𝐨𝐥𝐝 𝐭𝐡𝐞𝐦 𝐚𝐬 𝐧𝐞𝐞𝐝𝐞𝐝! 🍽️✨ 𝐌𝐮𝐫𝐩𝐡𝐲 𝐁𝐞𝐝𝐬: 𝐇𝐢𝐝𝐞-𝐚way wall beds save floor space by day! 📏 Storage Beds: Built-in drawers for space-saving storage with added comfort! 🛏️🗄️ Nesting Tables: Stackable and flexible for any occasion! 📐 Pop-Up Coffee Tables: Versatile tables that lift into work or dining surfaces! ☕ 💡 Tech Integration for a Smarter Home: IoT-Enabled Furniture: Control furniture features remotely 🌐 Sensor-Embedded Pieces: Automatic adjustments based on usage 📈 Voice-Activated Options: Hands-free control for ultimate convenience 🎤 🎉 Key Benefits of Smart Hidden Furniture Space Optimization: Essential for maximizing small spaces 📏✨ Flexibility & Adaptability: Easily rearrange as needs change 🔄 Cost Savings: Multifunctionality means fewer pieces needed 💸 Enhanced Organization: Clever storage solutions reduce clutter 📚 Modern Aesthetics: Style meets function for a chic look! 🌟 📊 Global Insights Commercial demand is high, with industries like hospitality and healthcare embracing ergonomic and tech-savvy solutions. The Asia- Pacific market is set to grow at 8.4% CAGR, thanks to smart home tech adoption and infrastructure development 🌍. As urban living continues to shift, smart hidden furniture is the answer to compact, high-functionality spaces. Embrace these solutions to achieve a stylish, organized, and tech-integrated living environment! 🏠 "Credits: 🌟 All write-up is done by me(P.S.Mahesh) after indepth research. All rights and credits for the video/visual presented are reserved for their respective owners. 📚 For attribution or content removal requests, please contact me. 📩 Only used for Academic Learning/Sharing good work purpose, giving due credit to respective owner 📚 Thank you, and God bless. 🙏"

Advancements in foam production are definitely changing the game when it comes to furniture! The integration of new technologies and materials is not only enhancing comfort but also making furniture more durable and sustainable. Let's dive into those key points: 🧑🔬 Precision Engineering for Comfort Manufacturers are now using high-tech machines and improved formulas to produce foam with more precise consistency. This means no more saggy cushions or uneven support, ensuring your furniture stays comfortable and retains its shape for a longer period. Whether it's for a couch, mattress, or office chair, the ability to fine-tune foam density allows for personalized comfort, catering to different preferences in firmness and support. 🌱 Sustainability in Focus Foam production is going greener with the use of plant-based oils, biodegradable materials, and more efficient processes that reduce waste. Manufacturers are increasingly focused on minimizing their carbon footprint, which means we can enjoy eco-friendly products without sacrificing the durability or comfort we need. It's a win-win for consumers and the planet! 💎 Durability Like Never Before Innovations in foam quality have also led to improved resilience against wear and tear. High-performance foams are more resistant to compression, which means your favorite armchair or sofa can handle years of lounging without losing its form. For busy households or commercial spaces, this level of durability ensures that the furniture remains both functional and aesthetically pleasing for longer periods. All of this combines to make furniture that's not only more comfortable to sit on but also a smarter investment that supports sustainability and long-term use. It’s an exciting shift toward more efficient, sustainable, and enjoyable living spaces!