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Darshan jain
All types of financi...ย โขย 1m
Validating the Idea: Affordable Space-Saving Furniture Business: With rising urbanization and in rural areas shrinking living spaces, the demand for space-saving furniture is increasing globally. Small apartments, co-living spaces, and compact offices require innovative furniture solutions that maximize functionality without compromising comfort.However, the market is currently dominated by high-end brands, making space-saving furniture expensive for many consumers. ### **Market Potential** The global space-saving furniture market is projected to grow significantly, driven by urbanization, growing middle-class populations, and changing lifestyles. In densely populated countries like India and China, where real estate costs are soaring, compact furniture is no longer a luxury but a necessity. Additionally, millennial and Gen Z consumers prefer multi-functional, modular, and easy-to-move furniture that adapts to their dynamic living conditions.
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