Swedish furniture giant IKEA saw double-digit growth in its 2020 fiscal year, as interest in furniture increased with more people spending time at home due to the Covid-19 pandemic.
Furniture company Hyundai Livart saw its net profit jump more than 40 percent on-year in the second quarter.
With more people studying, working and eating at home because of the Covid-19 outbreak, furniture companies are doing well.
Local furniture companies have been enjoying an unexpected sales boost in the midst of the pandemic. According to Statistics Korea, furniture purchase in April rose 24 percent year-on-year to 857.2 billion won ($709.6 million).