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Global Home Furniture Market 2021 analysis with Key Players, Applications, Trends and Forecasts

Home Furniture

The report focuses on the favorable Global “Home Furniture market” and its expanding nature. The Home Furniture market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The US home furniture market is growing with a CAGR 3% in the forecast period.
  • • One of the drivers of the market is improving residential construction market. The real estate industry in the US is expected to drive the home furniture market for a few years. This may be due to the increasing number of people engaging in household formation.
  • • Home furniture includes beds and mattresses, tables and table tops, desks, chairs, storage cabinets, sofas, and other furniture.
  • • One of the important trends in the market is the growing demand for eco-friendly furniture. The idea of eco-friendly furniture was always prevalent.
  • • However, the market is facing some challenges such as shifting consumer trends and expectations, rising material cost, and skilled labor shortage.

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    Key Manufacturers

  • Ikea
  • Bed Bath & Beyond Inc.
  • Williams
  • Sonoma, Inc.
  • Target Corporation
  • Wayfair Inc.
  • Home Depot, Inc.
  • La
  • Z
  • Boy
  • Rooms To Go
  • Mattress Firm
  • Herman Miller *

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Home Furniture market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Home Furniture market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Home Furniture market have also been involved in the study.

    Scope of the Report:

  • A complete background analysis of the US Home Furniture Market, which includes an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries, is covered in the report.

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    TOC of Home Furniture Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Home Furniture market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Home Furniture Market Report Covered:

    • The report analyses how Home Furniture market will grow in the future.
    • Analyzing various perspectives of the Home Furniture market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Home Furniture market shares and policies employed by the major market players.
    • Competitive landscape including the Home Furniture market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Home Furniture market players

    Key Market Trends:

    Living-room and Dining-room Furniture

    The segment includes furniture found in living rooms, parlors, lounges, lobbies and dining rooms. Although room design might differ between countries, this category includes sofas, chairs, coffee and dining tables, bookshelves and other pieces of furniture for storage. Revenue in the Living-room & Dining-room Furniture segment amounted to USD 80.2 billion in 2018.

    Home Furnishings Store Sales

    Operators in the home furnishings stores industry sell various home furnishing products, ranging from drapes and blankets to cookware and appliances. In 2016, the sales of Furnishings Stores reached USD 51.93 billion.

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    Study objectives of Home Furniture Market Report:

    • To provide a detailed analysis of the market structure along with the Home Furniture market forecast of various segments and sub-segments of the Home Furniture market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Home Furniture market trends that influence the global Home Furniture market

    Detailed TOC of Home Furniture Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Key Deliverables of the Study
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET INSIGHTS AND DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.3 Restraints
    4.4 Opportunities
    4.5 Trends Influencing the US Home Furniture Market
    4.6 Value Chain Analysis of the US Home Furniture Market
    4.7 Millennials and the Housing Market
    4.8 Porter’s Five Forces Analysis
    4.9 E-commerce Impact on the Market
    4.10 Technological Innovations

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Kitchen Furniture
    5.1.2 Living and Bedroom Furniture
    5.1.3 Bathroom Furniture
    5.1.4 Outdoor Furniture
    5.1.5 Lighting Furniture
    5.2 By Distribution Channel
    5.2.1 Offline
    5.2.2 Online

    6 COMPANY PROFILES
    6.1 Ikea
    6.2 Bed Bath & Beyond Inc.
    6.3 Williams-Sonoma, Inc.
    6.4 Target Corporation
    6.5 Wayfair Inc.
    6.6 Home Depot, Inc.
    6.7 La-Z-Boy
    6.8 Rooms To Go
    6.9 Mattress Firm
    6.10 Herman Miller *

    7 INVESTMENT ANALYSIS ON THE US HOME FURNITURE MARKET

    8 FUTURE OF THE US HOME FURNITURE MARKET

    9 APPENDIX

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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