Every single year there are people that make renovations to their home across the United States. These renovations can be done for plenty of different reasons. Two specific reasons involve the potential situation of selling one’s home or just renovating portions of a house to improve the home.
There are plenty of Americans that are absolutely obsessed with the idea of changing their home in some way. This is why there are television shows that are dedicated to buying home’s, fixing them up, then giving them to people as a prize. Here are some random facts that surround the world of rustic bedroom decor.
Right now, the furniture industry is growing at a rate that is absolutely astonishing. The furniture industry is performing twice as well as the overall economy. As a matter of fact, it is growing at a rate of at least 7% every single year. This is because people want to get their hands on nice bookshelves, barstools, bedside tables, and the right furniture for their rustic bedroom decor.
Savings from offshoring furniture manufacturing has been overestimated to as high as 30%. This is why offshoring furniture manufacturing is popular with people who want to buy furniture at a high rate. If people are trying to get the most out of their rustic bedroom decor, then they will work hard to get great furniture for a great price.
Between the two years of 2012 and 2014, Millennials have exhibited an increase in furniture buying patterns by an absolutely amazing 142%. In turn, this has managed to raise the overall revenue of the furniture industry form just about $11.1 billion to $27 billion. This stat clearly shows that younger people value furniture in their rustic bedroom decor.
By 2019, the global market for furniture and floor coverings is forecast to reach $695 billion. So there is no question that this means that more and more people are going to be looking to properly put together a rustic bedroom decor. Consumers expect wall decor and wood furniture to have a longer comparative lifespan, of more than 15 years.
A survey was conducted amongst sofa-buyers in terms of what they want out of their furniture. Just about 91% of all buyers said quality and durability are incredibly important to them when they go to buy furniture. Just about 26% of all buyers expect to keep a newly purchased sofa for 5 to 9 years and nearly 28% want to keep their sofa for more than 15 years.
On average, United States consumers are willing to spend $2,200 for living room redecoration. Boomers are likely to spend the most on redecoration, with a budget of $3,000, followed by budgets of $2,500 for Generation X and $1,500 for millennials.
In Conclusion
Every single year there are a lot of people that work to buy custom made furniture, reclaimed barnwood furniture, and lodge bedroom furniture. Plenty of people in the United States want to get longevity and style out of their furniture. This is why so many people work hard to get the most out of their rustic bedroom decor.
