The table is a furniture building that was added in update v0.46 of The Forest.
The table is mostly for decoration, though some small buildings can be placed on it. You cannot store items on it like you can with the small cabinet or large cabinet. Together with the table, the chair was implemented.
Other buildings that can be placed on the table:
Table as it appears in the Survival Guide
Table as it appeared in the Survival Guide
||Fixed bed, chair and table missing wood sfx when hit or walked on
||Player now returns to their original position when exiting chair/bench – should fix issue of players stuck in chairs built too close to tables
||Table added to the game