Remote work is here to stay in the post-pandemic economy. Driven in large part by sustained telecommuting practices and hybrid work models, demand for furnishings for home office settings continues to rise. Multifunctional furniture designs are among the most sought-after items, especially modular workstations and collapsible pieces suited to compact living spaces.
Current market expansion is set to continue, with the global furniture market projected to grow by nearly 19% by 2025 [1], boosted in large part by online sales. For contract furniture vendors, this steady upturn in residential furniture spending represents a formidable opportunity for growth.