Global Home Furnishings and Bedding Market Snapshot to 2027 – Upsurge in New and Existing Residential Home Sales Presents Opportunities – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The report “Global Home Furniture and Bedding Market (2022-2027) by Furniture Type, Bedding Components, Distribution Channel, Geography, Competitive Analysis and Impact of Covid-19 with Ansoff Analysis” has been added to from ResearchAndMarkets.com offer.

The global home furnishings and bedding market is estimated to be worth USD 147.23 billion in 2022 and is projected to reach USD 187.01 billion by 2027, growing at a CAGR of 4.9%.

Market dynamics is a force that impacts pricing and stakeholder behaviors in the global home furnishings and bedding market. These forces create price signals that result from changes in the supply and demand curves for a given product or service. The forces of market dynamics can be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand and supply. Human emotions can also drive decisions, influence the market and create price signals.

As market dynamics impact supply and demand curves, policymakers aim to determine how best to use various financial tools to stem various strategies aimed at accelerating growth and reducing risk.

Market segmentation

  • The global home furniture and bedding market is segmented on the basis of furniture type, bedding components, distribution channel and geography.

  • By type of furniture, the market is categorized into living & dining room furniture, bedroom furniture, kitchen furniture, lamps & lighting furniture, and plastic & other furniture.

  • Bedding Components, the market is categorized into mattresses, bed linens, pillows, blankets, and others.

  • Distribution channel, the market is categorized into specialty retail stores, supermarkets/hypermarkets, online retail channels, and other distribution channels.

  • Geography, the market is categorized into – Americas, – Europe, – Middle East & Africa, and Asia-Pacific.

Countries studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of – Americas)

  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)

  • Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest MEA.

  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Why buy this report?

  • The report offers a comprehensive assessment of the global home furnishings and bedding market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of renowned personnel in the industry.

  • The report includes in-depth market analysis using Porter’s 5 forces model and Ansoff’s matrix. Additionally, the impact of Covid-19 on the market is also presented in the report.

  • The report also includes the regulatory scenario in the industry, which will help you to make an informed decision. The report discusses the major regulatory bodies and major rules and regulations imposed on this industry across various geographies.

  • The report also contains competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Market dynamics

Drivers

  • Increase the ability to spend power in home renovation

  • Increase in demand for high-end bedding and furniture for better living

  • Increase in disposable income

Constraints

  • Volatile commodity prices

  • Last minute shipping and logistics

Opportunities

  • Increase in sales of new and existing residential homes

  • Increase demand for personalized mattresses and bed linens

Challenges

Companies cited

  • Ikea

  • La-Z-Boy

  • Godrej

  • Interior Bernhardt

  • Ashley Furniture Industries Inc.

  • Herman Miller

  • HNI Company

  • Hooker Furniture Company

  • Sauder Woodworking Company

  • Serta Simmons Bedding

  • Sleep Number Society

  • Steel case

  • Tempur Sealy International

  • Acton & Acton

  • American textile company

  • Beaumont & Brown Ltd.

  • Bowl & Branch

  • West Point

  • Pacific Coast Feather Company

  • dutch gantry

  • Crane and Awning

  • Bombay Dye

For more information about this report visit https://www.researchandmarkets.com/r/1muis6

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