The article cited AMA's Global Faux Leather Furniture Market Study explored substantial growth with CAGR of 4.4%. According the report, Rising Popularity of Faux Leather Furniture due to its wide Range of Benefits including, does not Crack or Fade in Sunlight, Waterproof Features, and Others is one of the primary growth factors for the market. Growing Demand due to the Changing Customer Inclination towards Home Decoration is also expected to contribute significantly to the Faux Leather Furniture market. Overall, Commercial applications of Faux Leather Furniture, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Faux Leather Furniture market identified that the demand is rising in many different parts of the world as "Increasing Demand from the Asian Countries due to High Number of Smart City Projects ". Furthermore, some recent industry insights like "On February 2019, Chesterfields (British sofa brand) has announced of its new launch of a vegan leather line of iconic Chesterfield sofas. The new sofa has designed using faux leather. The main aim of the launch is to a satisfy requirement from the customers. The new launch of the company can create new opportunities for the company in the coming years." is constantly making the industry dynamic. One of the challenges that industry facing is "Presence of Alternative in the Operating Market and Low Demand from the Middle East Region"

The Distribution Channel, such as Direct Sale (Online, is boosting the Faux Leather Furniture market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Faux Leather Furniture market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Faux Leather Furniture market and other related sub-markets covered in the study.

o Key & emerging players in the Faux Leather Furniture market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Faux Leather Furniture market size is calculated using market estimation process, the Faux Leather Furniture market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Faux Leather Furniture market size has been validated using both top-down and bottom-up approaches.