When speaking of an industry that is expected to reach $695 billion by 2019, it is crucial that we research this rise from a market standpoint!

The furniture industry deals with a lot more trends than designs and styles. Here, we delve into the top five trends that we've seen!

Five Trends in Furniture Design

I. Rise in Home Office Furniture

Telecommuting has given way to an increase in demand for home office furniture such as office chairs, filing cabinets and desks. With more people now discovering the multi-purpose uses of office furniture, the market, as a whole, has forecasted growth in this particular style of home furnishings.

II. Versatile Furniture is Gaining Popularity

Along with home office furniture, versatile furniture in other designs has also gained popularity. Consumers are now not only looking for style, but they're also seeking designs that would be appropriate for single or two-person households. Since many live in smaller spaces, having multi-functional furniture has become an important part for every consumer's home.

III. Online Wholesale Markets are the Fastest Growing Channels for Retailers

Retailers are now looking to online sources for their furniture stock. With the consumer market becoming more diverse yet concentrated in style, retailers want to sell every style—from minimalist to contemporary European. As such, they are seeking better sources so they can benefit from a larger collection of furniture from numerous manufactures.

This is also one of the reasons why ESF Wholesale Furniture is such a popular choice for retailers across USA and Canada.

IV. Luxury Furniture is Becoming Popular

Luxury furniture, especially European style luxury furniture, is become quite popular in the consumer market.

As the economy has burgeoned, more and more people have taken to furnishing their homes with beautiful luxury items for a more sophisticated living and work environment.

In terms of location, consumers in the US and Canada lean more towards European designs for their home furnishings.

V. Furniture Vendors are Going Green

Besides these trends, the most impactful trend has been that for the need for a green industry. Many furniture manufacturers have now converted their systems to that of developing environmentally friendly furniture. And although this type of furniture was expensive in the beginning, the rising demands and increase in companies converting to such a system have given way to more affordable eco-friendly furniture!

So now that you know the trends that have shaped our furniture industry, incorporate them into your own retail business to benefit!

Contact ESF Wholesale to purchase quality European style furniture so your customers can buy from the best collection!