Global Home Furnishings Market 2017-2021

  • ID: 4400158
  • Report
  • Region: Global
  • 92 pages
  • TechNavio
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FEATURED COMPANIES

  • Ashley HomeStores
  • Bed Bath & Beyond
  • BERCO DESIGNS
  • Creative Wood
  • Herman Miller
  • HNI
  • MORE
About Home Furnishings
The home furnishing industry consists of companies that manufacture furniture, non-upholstered kitchenware, floor coverings, wall coverings, and related furnishings. The industry includes desks, tables, chairs, drawers, couches, mattresses, bed frames and headboards, carpets, rugs, wallpaper, blinds, shades and curtains, entertainment centers and stands, wall units, outdoor furniture.

The analysts forecast the global home furnishings market to grow at a CAGR of 5.98% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global home furnishings market for 2017-2021. To calculate the market size, the report considers the revenue generated through the retail sales of different types of home furnishings.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Home Furnishings Market 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
  • Bed Bath & Beyond
  • Inter IKEA Systems
  • Macy's
  • Tvilum
  • Wal-Mart Stores
Other prominent vendors
  • Ashley HomeStores
  • BERCO DESIGNS
  • Creative Wood
  • Godrej & Boyce Manufacturing
  • Herman Miller
  • HNI
  • Kimball International
Market drivers
  • Increasing interest in interior design
  • For a full, detailed list, view the full report
Market challenges
  • Uncertainty in the prices of raw materials
  • For a full, detailed list, view the full report
Market trends
  • Growing use of RTA furniture, especially customized pieces for personal interiors
  • 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?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ashley HomeStores
  • Bed Bath & Beyond
  • BERCO DESIGNS
  • Creative Wood
  • Herman Miller
  • HNI
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION
  • Market outline
PART 05: MARKET LANDSCAPE
  • Market overview
  • Market size and forecast
  • Five forces analysis
  • PESTLE Analysis
PART 06: MARKET SEGMENTATION BY PRODUCT
  • Global home furnishings market: Segmentation by product
  • Global home furniture market
  • Global home textiles market
  • Global floor coverings market
PART 07: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Global home furnishings market: Segmentation by distribution channel
PART 08: REGIONAL LANDSCAPE
  • Global home furnishings market: Segmentation by geography
  • Regional comparison
  • EMEA – market size & forecast
  • Americas – market size & forecast
  • APAC – market size & forecast
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Uptake of augmented reality (AR) applications for home furnishings
  • Growing use of RTA furniture, especially customized pieces for personal interiors
  • Introduction of sustainable floor coverings
  • Increasing focus on organized retailing
  • Increase in demand for eco-friendly home furnishings
PART 12: COMPETITOR LANDSCAPE
  • Competitive scenario
PART 13: KEY VENDOR ANALYSIS
  • Bed Bath & Beyond
  • Inter IKEA Systems
  • Macy's
  • Tvilum
  • Wal-Mart Stores
  • Other prominent competitors
PART 14: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Global home furnishings market scenario 2016-2021
Exhibit 02: Global home furnishings market 2016-2021 ($ billions)
Exhibit 03: Global home furnishings market: Five forces analysis
Exhibit 04: Global home furnishings market: PESTLE analysis
Exhibit 05: Global home furnishings market: Segmentation by product 2016 (% share of revenue)
Exhibit 06: Global home furnishings market: Segmentation by product 2021 (% share of revenue)
Exhibit 07: Global home furnishings market: Segmentation by product 2016-2021 (% share of revenue)
Exhibit 08: Global home furniture market 2016-2021 ($ billions)
Exhibit 09: Global home textiles market 2016-2021 ($ billions)
Exhibit 10: Global floor coverings market 2016-2021 ($ billions)
Exhibit 11: Global home furnishings market: Segmentation by distribution channel 2016 (% share of revenue)
Exhibit 12: Global home furnishings market: Segmentation by distribution channel 2021 (% share of revenue)
Exhibit 13: Global home furnishings market: Segmentation by distribution channel 2016 and 2021 ($ billions)
Exhibit 14: Global home furnishings market: Analysis of distribution channel based on key parameters 2016
Exhibit 15: Global home furnishings market – Regional segmentation 2016-2021 (% share of revenue)
Exhibit 16: Global home furnishings market: Regional comparison
Exhibit 17: EMEA – market size & forecast 2016-2021 ($ billions)
Exhibit 18: EMEA – Year-over-year growth 2017-2021
Exhibit 19: Home furnishings market in EMEA – Top 3 countries (% share of revenue)
Exhibit 20: Americas – market size & forecast 2016-2021 ($ billions)
Exhibit 21: Americas – Year-over-year growth 2017-2021
Exhibit 22: Home furnishings market in Americas – Top 3 countries (% share of revenue)
Exhibit 23: APAC – market size & forecast 2016-2021 ($ billions)
Exhibit 24: APAC – Year over year growth 2017-2021
Exhibit 25: Home furnishings market in APAC – Top 3 countries (% share of revenue)
Exhibit 26: Global home furnishings market: Key leading countries (% share of revenue)
Exhibit 27: Global home furnishings market: Key competitors
Exhibit 28: Global home furnishings market: Key competitor analysis based on important parameters
Exhibit 29: Global home furnishings market: Analysis of key competitors
Exhibit 30: Bed Bath & Beyond: Product overview
Exhibit 31: Inter IKEA Systems: Product overview
Exhibit 32: Inter IKEA Systems: Geographical segmentation 2016 (% share of revenue)
Exhibit 33: Macy's: Product overview
Exhibit 34: Tvilum: Product overview
Exhibit 35: Wal-Mart Stores: Product overview
Exhibit 36: Global home furnishings market: Other prominent competitors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ashley HomeStores
  • Bed Bath & Beyond
  • BERCO DESIGNS
  • Creative Wood
  • Herman Miller
  • HNI
  • MORE
New Report Released: – Global Home Furnishings Market 2017-2021

The author of the report recognizes the following companies as the key players in the global home furnishings market: Bed Bath & Beyond, Inter IKEA Systems, Macy's, Tvilum, and Wal-Mart Stores

Other Prominent Vendors in the market are: Ashley HomeStores, BERCO DESIGNS, Creative Wood, Godrej & Boyce Manufacturing, Herman Miller, HNI, and Kimball International.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Growing use of RTA furniture, especially customized pieces for personal interiors. The global popularity of trendy and innovatively designed RTA furniture, especially in Europe, is witnessing a significant growth. This is one of the key factors driving the growth of the market. Moreover, factors like increasing population, reducing living space, and migration are also likely to boost the market growth of RTA furniture to a considerable extent during the forecast period. The growing trend of customization has compelled the key competitors to manufacture custom designed RTA furniture. This has enabled them to attract more customers, thereby bringing in high sales figures.”

According to the report, one of the major drivers for this market is Increasing interest in interior design. Consumers worldwide have started investing in the interior decoration of their homes with the best products and concepts they can afford. This includes spending on designer home furnishings such as home furniture; floor coverings such as carpets and rugs; and home textiles such as curtains, cushion covers, beds, and other floor coverings that elevate the aesthetic appeal. The rising income levels of consumers, evolving lifestyles, increased media penetration, and adoption of different cultures have raised the interest in interior designing. Moreover, the growing population of working women and their participation in the decision-making process for home decoration are also pushing the sales of home furnishings. These factors have led consumers to spend more on different designer and luxury home furnishings, thereby driving the growth of the market during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is Uncertainty in the prices of raw materials. The rising prices of high-quality raw materials have a directly proportional impact on the manufacturing costs of home furnishing products. This additional cost is usually transmitted to consumers in the form of increased prices, which can restrict the volume sales. Recent rises in commodity prices and the scarcity of raw materials have had a potentially negative impact on the global home furnishings market. On the other hand, the increased manufacturing capacity in China has particularly created a global shortage of raw materials. Consequently, the market has been hit by frequent and steep rises in the prices of raw materials. This is particularly evident in the prices of natural fibers of floor coverings such as linen, wool, silk, jute, and cotton. The prices of artificial fibers like polypropylene and polyamide have also increased. The sheer scale and frequency of commodity price rises for other home furnishing products have also posed a significant challenge to the global home furnishings market.

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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  • Bed Bath & Beyond
  • Inter IKEA Systems
  • Macy's
  • Tvilum
  • Wal-Mart Stores
  • Ashley HomeStores
  • BERCO DESIGNS
  • Creative Wood
  • Godrej & Boyce Manufacturing
  • Herman Miller
  • HNI
  • Kimball International
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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