Global wood furniture market to top $74bln by 2023 – ZAWYA

Global wood furniture market to top $74bln by 2023 – ZAWYA

The global wood furniture market is poised for solid growth over the coming years and is expected to top $74 billion by 2023, while the woodworking machinery market worldwide is likely to surge by $961.6 million, said an expert ahead of a major industry event, Dubai WoodShow (DWS).. The leading platform for wood and woodworking machinery in the Middle East will run from March 16 to 18 at the Dubai World Trade Centre, featuring six country pavilions that will cater to more than 7,000 visitors this year.. In the US, the wood products serve as a vital contributor to its economy with the American wood product companies generating $210 billion in products each year.. "We hope to satisfy our members needs in providing a platform for them to showcase their products to as wide as audience as possible," he stated.. "Each of the 17 companies in our pavilion is an exporter of American hardwood lumber or veneer, or both.. To potential buyers/importers, visiting the American Hardwood Pavilion at the expo is the best way to make direct contact with these suppliers and to see their products, added Wiles..