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The home furnishings market is forecasted to grow by USD 472.4 million during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the home furnishings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing interest in interior design, growing demand for high-end and luxury home furnishings, and rising demand for multifunctional home furniture.
The home furnishings market is segmented as below:
By Product
- Home furniture
- Home textiles
- Floor coverings
By Distribution Channel
- Offline
- Online
By Geography
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the home furnishings market covers the following areas:
- Home furnishings market sizing
- Home furnishings market forecast
- Home furnishings market industry analysis
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 an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global home furnishings market: American Furniture Manufacturing Inc., Ashley Global Retail LLC, Bassett Furniture Industries Inc., Bed Bath and Beyond Inc., Duresta Upholstery Ltd., Ethan Allen Interiors Inc., Future Group, Godrej and Boyce Manufacturing Co. Ltd., Inter IKEA Holding BV, Kroger Co., Mannington Mills Inc., MillerKnoll Inc., Mohawk Industries Inc., Otto GmbH and Co. KG, Penney OpCo LLC, Pepperfry Pvt. Ltd., Shaw Industries Group Inc., Steinhoff International Holdings NV, Tvilum AS, and Wayfair Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in demand for eco-friendly home furnishings."
According to the report, one of the major drivers for this market is the increasing interest in interior design.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Furniture Manufacturing Inc.
- Ashley Global Retail LLC
- Bassett Furniture Industries Inc.
- Bed Bath and Beyond Inc.
- Duresta Upholstery Ltd.
- Ethan Allen Interiors Inc.
- Future Group
- Godrej and Boyce Manufacturing Co. Ltd.
- Inter IKEA Holding BV
- Kroger Co.
- Mannington Mills Inc.
- MillerKnoll Inc.
- Mohawk Industries Inc.
- Otto GmbH and Co. KG
- Penney OpCo LLC
- Pepperfry Pvt. Ltd.
- Shaw Industries Group Inc.
- Steinhoff International Holdings NV
- Tvilum AS
- Wayfair Inc.