Are you optimistic about furniture sales in 2021?
After the worldwide pandemic attack, the supply chains are disrupted and it has become difficult for retailers to fulfill orders. Every commodity in the market was affected by the lack of transportation and e-commerce service. Nevertheless, the furniture market tycoon says, even though the industry has suffered heavily, they were able to regain a good amount of net projected income at the end of the year 2020. There are several factors knot the immense ballooning of the furniture industry and it certainly allows the maximum likelihood to be broadly optimistic. 1. Prices are up surging because raw material and logistics costs for manufacturers are rising. Their margin is already thin, so they have no other choice. Jerry Epperson quotes, " Increase your margin. Your expenses are going up too. 2. Economists predict excellent economic conditions for the upper end. Upper-end consumers have actually paid off debt during COVID and are spending very little on "experiences&q