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Furniture consumption will rise in low single digits across the world this year according to CSIL, a leading market research consultancy specialised in furniture.


The Italy based research firm says the world furniture market was worth $455bn (£300bn) at producer prices in 2014, with consumption to grow by over 3 per cent in real terms by the end of 2015.


CSIL will present its market forecasts at a briefing at the National Exhibition and Convention Centre in Shanghai on Thursday, during the China International Furniture Fair.


It will say the outlook is for stability in Western Europe, moderate growth in North America and fast growth in the still emerging economies of Asia.



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