The global luxury furniture market is projected to experience a significant growth trajectory, with its industry value estimated to rise from $25.2 billion in 2025 to $43.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 5.6%.

Acoustic Wood Panel Wall has announced the launch of its DIY-friendly real oak acoustic slat panels, giving homeowners and interior design enthusiasts an attractive and practical solution for managing sound in modern spaces. Combining wood craftsmanship with acoustic performance, these panels are designed to help control echo and improve sound quality in a variety of environments.

Rosboro Company, LLC in Springfield, Oregon, recently converted four of their double-track kilns to USNR's patented UniFlow continuous design. This allowed them to exceed their initial production increase goals while keeping emission levels below emission cap requirements.

The Association of Closet & Storage Professionals (ACSP) has appointed six new board members, effective January 1, 2025. These individuals will help lead the organization as it continues to advance "professionalism, education, and connection within the closet and storage industry."

InventWood's SUPERWOOD has been named to Fast Company's prestigious 2025 World Changing Ideas list for its breakthrough molecular transformation of wood that fundamentally reimagines one of humanity's oldest building materials. The patented technology (with 144 patents filed and 41 granted) represents the first successful manipulation of wood's nano-cellulose structure to unlock extraordinary performance while maintaining its character and enhancing its beauty.

Researchers at Oregon State University have confirmed decks built with today’s pressure-treated preserved wood products cause no environmental harm from preservative chemicals leaching from the wood and into rainwater or surrounding soil. The researchers collected runoff and soil samples the first and fourth years after construction of a deck built with wood pressure treated with Copper Azole (CA-C), the preservative used to treat the preserved wood sold for decks and other residential projects.

Madison Liquidators announces the addition of the Conversa Series by KFI Studios to its growing portfolio of high-design commercial office furniture. This new line of modular guest seating is a bold step forward in both form and function, designed to elevate modern office environments with its clean aesthetics, reconfigurable layouts, and comfort-driven design.

SmartQuality, developed by Hexion's autonomous manufacturing division, Smartech, acquired in 2024, tackles the long-standing industry dilemma of choosing between line speed and quality—delivering advanced data-driven insights that minimize these trade-offs.

Millboard, the UK-based manufacturer of wood composite decking and siding, has announced a new strategic distribution partnership with Russin, a major building materials distributor serving the Northeast and Mid-Atlantic United States. Effective immediately, Millboard products will be available through Russin's established dealer network, covering 13 states.

The index has only posted a lower reading twice since 2012 – in December 2022 when it hit 31 and in April 2020 at the start of the pandemic when it plunged more than 40 points to 30. Builder confidence, based on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) research, is at 32.