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These major key players are proactively involved in strategic endeavors such as new product line, business facility expansion, mergers & acquisitions, and partnerships to diversify their product offerings to expand their customer reach across the globe and solidify company market position. Collectively, the companies like Artissimo Designs LLC, Ashley Furniture Industries Inc., Bed Bath & Beyond, Costco Wholesale Corporation and Ethan Allen Global Inc. occupy a share of around 1% to 5% of the global market in 2023. They consistently allocate resources to research & development to enhance their products and integrate innovative technologies to maintain a competitive edge in the market.
Major players operating in the market are: