Home Furniture Market in the US 2017-2021 - Product Image

Home Furniture Market in the US 2017-2021

  • ID: 4316385
  • Report
  • Region: United States
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Bassett Furniture
  • Crate and Barrel
  • Ethan Allen
  • JCPenney
  • Mattress Firm
  • Raymour & Flanigan
  • MORE
About Home Furniture

Home furniture includes beds and mattresses, tables and table tops, desks, chairs, storage cabinets, sofas, and other furniture that are used to make a house or building a comfortable place to live. With the rapid urbanization and improved standards of living, the need for furniture has increased considerably over the last few years.

The analysts forecast the home furniture market in the US to grow at a CAGR of 6.14% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the home furniture market in the US for 2017-2021. To calculate the market size, the report considers revenue generated from new home furniture sold to residential customers in the US.

The report, Home Furniture Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Ashley Furniture HomeStore
  • La-Z-Boy
  • IKEA
  • Williams-Sonoma
  • Rooms To Go
  • Mattress Firm
Other prominent vendors
  • RH MODERN
  • Berkshire Hathaway
  • Pier 1 Imports
  • Raymour & Flanigan
  • Sleep Number
  • Klaussner Home Furnishings
  • Ethan Allen
  • Bassett Furniture
  • Dorel Industries
  • Sauder Woodworking
  • Crate and Barrel
  • Wayfair
  • JCPenney
  • American Furniture Manufacturing
Market drivers
  • Improving residential construction market
  • For a full, detailed list, view the full report
Market challenges
  • Inherent threat from re-used furniture market
  • For a full, detailed list, view the full report
Market trends
  • Surging demand for eco-friendly furniture
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bassett Furniture
  • Crate and Barrel
  • Ethan Allen
  • JCPenney
  • Mattress Firm
  • Raymour & Flanigan
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Global furniture market
  • Global home furniture market
PART 06: Market overview
  • Furniture market in the US
  • Market size and forecast
  • Home furniture market in the US
  • Market size and forecast
  • Five forces analysis
PART 07: Market segmentation by product
  • Home furniture market in the US by product
  • Home furniture market in the US by living room furniture
  • Home furniture market in the US by bedroom furniture
  • Home furniture market in the US by storage furniture
  • Home furniture market in the US by others
PART 08: Market segmentation by distribution channels
  • Home furniture market in the US by distribution channels
  • Home furniture market in the US by brick and mortar
  • Home furniture market in the US by online mode
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Surging demand for eco-friendly furniture
  • Growing importance of innovative customized furniture
PART 12: Vendor landscape
  • Competitive scenario
  • Competitive benchmarking
  • Growth strategy
PART 13: Key vendor analysis
  • Ashley Furniture HomeStore
  • La-Z-Boy
  • IKEA
  • Williams-Sonoma
  • Rooms To Go
  • Mattress Firm
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Furniture market in the US 2016-2021($ billions)
Exhibit 02: Home furniture market in the US: Segmentation
Exhibit 03: Home furniture market in the US 2016-2021 ($ billions).
Exhibit 04: Five forces analysis
Exhibit 05: Home furniture market in the US by product 2016 (%)
Exhibit 06: Home furniture market in the US by product 2021 (%)
Exhibit 07: Home furniture market in the US by product 2016-2021 ($ billions)
Exhibit 08: Home furniture market in the US by product 2016-2021 (%)
Exhibit 09: Home furniture market in the US by living room furniture 2016-2021 ($ billions)
Exhibit 10: Home furniture market in the US by bedroom furniture 2016-2021 ($ billions)
Exhibit 11: Home furniture market in the US by storage furniture 2016-2021 ($ billions)
Exhibit 12: Home furniture market in the US by others 2016-2021, ($ billions)
Exhibit 13: Home furniture market in the US by distribution channels 2016 (%)
Exhibit 14: Home furniture market in the US by distribution channels 2021 (%)
Exhibit 15: Home furniture market in the US by distribution channels 2016-2021 (%)
Exhibit 16: Home furniture market in the US by distribution channels 2016-2021 ($ billions)
Exhibit 17: Home furniture market in the US by brick and mortar 2016-2021 ($ billions)
Exhibit 18: Home furniture market in the US by online mode 2016-2021 ($ billions)
Exhibit 19: Vendor analysis
Exhibit 20: Key vendors: Strategic initiatives overview
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FEATURED COMPANIES

  • Bassett Furniture
  • Crate and Barrel
  • Ethan Allen
  • JCPenney
  • Mattress Firm
  • Raymour & Flanigan
  • MORE
New Report Released: - Home Furniture Market in the US 2017-2021

The author of the report recognizes the following companies as the key players in the home furniture market in the US: Ashley Furniture HomeStore, La-Z-Boy, IKEA, Williams-Sonoma, Rooms To Go, and Mattress Firm.

Other Prominent Vendors in the market are: RH MODERN, Berkshire Hathaway, Pier 1 Imports, Raymour & Flanigan, Sleep Number, Klaussner Home Furnishings, Ethan Allen, Bassett Furniture, Dorel Industries, Sauder Woodworking, Crate and Barrel, Wayfair, JCPenney, and American Furniture Manufacturing.

Commenting on the report, an analyst from the research team said: “One trend in the market is surging demand for eco-friendly furniture. The idea of green furniture or eco-friendly furniture was always prevalent. However, it is expected to gain momentum in the coming years owing to the rising demand for sustainable products from consumers.”

According to the report, one driver in the market is improving residential construction market. The real estate industry in the US is expected to drive the home furniture market in the next few years. This will be due to the increasing number of people engaging in household formation. There has been a significant rise in the number of women joining the workforce and living independently. As a result, there is a rising need for service apartments and single storey houses.

Further, the report states that one challenge in the market is inherent threat from re-used furniture market. Re-used or refurbished furniture has significantly come up as an option for millennials who are just moving out of their houses and have less financial stability. They tend to buy refurbished furniture items at comparatively lower prices, impacting the revenues of the sellers of newly built furniture. Re-purposed furniture is also in demand as it matches the varying customer preferences.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Ashley Furniture HomeStore
  • La-Z-Boy
  • IKEA
  • Williams-Sonoma
  • Rooms To Go
  • Mattress Firm
  • RH MODERN
  • Berkshire Hathaway
  • Pier 1 Imports
  • Raymour & Flanigan
  • Sleep Number
  • Klaussner Home Furnishings
  • Ethan Allen
  • Bassett Furniture
  • Dorel Industries
  • Sauder Woodworking
  • Crate and Barrel
  • Wayfair
  • JCPenney
  • American Furniture Manufacturing.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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