Top Trends in the Furniture Industry
In the furniture industry, there are a lot of changes happening all the time. These changes are changing the way people think about their home and how they buy it. They are also changing the way the industry functions, so it’s important to keep up with these trends so that you can continue growing your business and stay relevant.
Smart furniture is one of the biggest trends in the furniture industry right now, and it’s growing rapidly. This type of technology allows individuals to do a wide range of things with their furniture, including charging phones or laptops, listening to music, and much more. It’s important for manufacturers to keep up with this trend, as it can lead to big profits if they have the right products and marketing strategies in place.
Resale is another major trend that’s affecting the furniture industry, and it’s having a big impact on how brands market their products. This is because consumers are buying used furniture for a variety of reasons, but the main reason that’s driving this resale growth is the fact that supply chain problems have made it harder for new products to reach the market quickly and at a price that makes sense for a brand.
This can affect how a brand’s products are priced, and the focus will shift to value retention for the brand, rather than the original price. This is important because it means the company doesn’t have to lower prices just to sell a product, so the brand can keep its margins intact and maintain its profitability.
Online stores are becoming more popular in the furniture industry, and this is causing furniture retailers to make big moves to ensure that their websites are up to par with their competitors’. Many companies are reimagining their websites to make them more user-friendly and engaging, and they’re doing this by using a variety of tools that blend online and offline experiences.
In addition to this, they’re investing in innovations that will help customers visualize their chosen products in their homes or offices, such as store pickup or virtual experience images that let viewers see their selected furniture in a photorealistic 3D rendering. This is a great way to connect with a new customer base and help them understand the benefits of their products, making it easier for them to decide whether they want to purchase them or not.
Social shopping is another major trend that’s affecting furniture sales, and it’s an important part of the omnichannel strategy for most e-commerce platforms. This is because a growing number of people are using social media to buy goods and services, so it’s crucial for companies to have an app or website that lets them sell items directly through their feeds.
Those who are in the furniture manufacturing industry will want to use these tools as soon as possible because it’s important to capture the attention of these potential customers. This can be done by incorporating image scripting, WebAR and product configurators into their e-commerce platforms, and this will allow them to attract potential customers by appealing to their specific pain points.
