Five Furniture Trends that are Here to Stay

By Clare Tattersall

Canada’s residential real estate sector experienced a huge boom during the pandemic thanks to record-low mortgage rates, which helped boost furniture manufacturing and retail industries. While the housing market turned amid a series of aggressive interest rate hikes by the Bank of Canada that began in spring 2022 to tamp down too-high inflation, furniture sales still grew and are expected to continue their upward trajectory. However, higher borrowing costs have cooled consumer demand and are impacting purchase decisions. In the case of the latter, three trends are expected to be around for the long haul.

The Big Three
With consumers more conscious about their spending, investment pieces are poised to become more popular. Yes, that sounds contradictory because they cost more but that’s just upfront; higher quality furnishings like sofas, credenzas and accent chairs that are well-made, durable and timeless are less pricey in the long-run as they don’t need to be traded or upgraded within a few years, bucking ‘buy it and throw it away’ consumerism.

The Linq storage credenza from BDI is crafted to safeguard and make accessible the files and supplies that are crucial to successfully work from home unbeknownst to others as its stylish design fits seemingly into any living space.

Creating a lasting style as opposed to what’s popular right now is also good for the environment, supporting a second trend that continues to gain a foothold among consumers. People are shopping more sustainably, which means buying responsibly sourced and produced items, as well as those that bring as much of the outdoors inside as possible to emphasize the beauty of nature, make homeowners’ humble abodes more eco-friendly and help reduce their carbon footprint. Materials like solid wood, rattan, jute and bamboo are increasingly preferred, as are less toxic glues and fibres used to manufacture furniture products. In terms of fabric colours, earth tones and soft blues and greens are coveted since they add to the people-planet connection.

The pandemic accelerated the need for multi-functional spaces as people worked from home. While many have returned to the office, the need for at-home workspace may be waning but it’s not gone for good as the hybrid work era is here to stay. As living areas still play double-duty, dual-purpose furniture like storage benches, writing desks and lift-top coffee tables are necessary to save space and make the hybrid model work for homeowners. An added bonus is versatile furniture provides more bang for consumers’ hard-earned bucks.

Smart and Curvy
In addition to these trends, two others are proving worthy of furniture manufacturers and retailers’ attention: smart designs and curvaceous lines.

The Zephyr coffee table from Greenington features an asymetrical shape and graceful curves. It’s also sustainable, made from solid bamboo.

Technology is becoming front and centre as homeowners today want ‘hi tech’ furnishings that offer function and utility for added convenience like accent tables that house speakers and controls, remote controlled shelving that slides open to reveal a television, and beds outfitted with bookshelves, a reading lamp, an area to plug in and charge devices and even a pop-up desk for the ultimate work from home setup.

As seen in the kitchen, where counters and islands are forgoing their classic straight lines and sharp angles for softer shapes and edges, furniture and case goods with arcs and curves are being embraced by consumers as they bring lightness into interiors, naturally draw the eye through a room and are more forgiving. From rounded sofa backs and fluid style sectionals to curved sideboards, furniture with a circular silhouette is having a heyday.

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