The global Home Furnishings market was valued at 7553.67 Million USD in 2021 and will grow with a CAGR of 5.27% from 2021 to 2027.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Home Furnishing refers to anything that is used to furnish a home, including both furniture and things used to decorate the home and make it more hospitable.Home Furnishing refers to anything that is used to furnish a home, including both furniture and things used to decorate the home and make it more hospitable. The market can be segmented into several broad groups: Home Furniture, Home Textile, Wall Decor and Others. Home Furniture is the biggest market share while WallDcor is the fastest growing sector in recent years. Due to the higher price and gross margin of high-end products compared with the low-end products, in the next few years, companies will invest much more on R&D and transfer to high-end product field. In the future, the production and consumption is estimated to continue developing with a stable growth rate. To meet the large and increasing demand, more and more players will go into this industry.
By Market Verdors:
- IKEA
- Walmart
- Bed Bath & Beyond
- Macys
- Wayfair
- Future Group
- Haworth
- Ashley Furniture
- Carrefour
- J.C. Penny
- Crate & Barrel
- Fred Meyer
- Herman Miller
- Home Depot
By Types:
- Home Furniture
- Home Textile
- Wall Decor
By Applications:
- E-Commerce Sales
- In-store Sales
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
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- To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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- To understand the future outlook and prospects for the market.
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