The import of metal mountings and fittings for furniture to the US stood at $0.99 billion in 2023. The forecast from 2024 to 2028 shows a consistent growth trend. Year-on-year, the imports are expected to increase by approximately 2.75% in 2025, 2.62% in 2026, 2.50% in 2027, and 2.38% in 2028. Over the five-year period, the compound annual growth rate (CAGR) is projected at around 2.55%.
Future trends to watch include:
- Potential shifts in manufacturing locations influencing cost and supply chain efficiency.
- Innovations in smart furniture driving changes in the types of fittings needed.
- Trade policy alterations affecting import tariffs and impacting costs.