The home furnishings market is poised for strong growth prospects


home furnishings market

The latest published Home Furniture Market research has assessed the future growth potential of the Home Furniture market and provides useful insights and statistics on the structure and size of the market. The report aims to provide market insights and strategic insights to help decision makers make sound investment decisions and identify potential gaps and growth opportunities. Furthermore, the report also identifies and analyzes changing dynamics, emerging trends alongside essential drivers, challenges, opportunities and restraints in the Home Furniture market. The study includes analysis of market shares and profiles of players such as Cisco Bros. Corp. (USA), Bob Mills Furniture (USA), Eco Balanza Modern Artisan Furniture (USA), Vermont Wood Studios LLC (USA), Kimball International Inc. (USA), Godrej & Boyce Manufacturing Company Limited (India), Raymours Furniture Company, Inc. (USA), Crest Furniture Inc. (USA), L. & JG Stickley, Inc. (USA), Ashley Furniture Industries, Inc. (USA) United States), Herman Miller, Inc. (United States), Century Furniture LLC (United States), Heritage Home Group LLC (United States), Masco Corporation Designs (United States), HNI Corporation (United States) , IKEA (Sweden)

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Home furniture refers to furnishing and interior decoration in living rooms. Growing nuclear families and increasing use of creative furniture to decorate living spaces and growing trend of residential buyers towards designed, versatile and smart furniture is driving the home furniture market. Also, growing demand for furniture integrated with technologies such as remote control furniture and mattresses is expected to boost the sale of home furniture for the forecast period. AMA’s research analyst estimates that the home furnishings market is expected to grow at a compound annual growth rate of 5.55%.

Market factors:
Online retail on the rise
Growing demand for multifunctional furniture
Growing demand for technologically advanced furniture

Market trends:
Growing demand for high end and luxury furniture from the high income group
Growing use of hardwood in furniture

Market opportunities:
Growing demand for green furniture
Development of the real estate industry

The global home furniture market segments and market data breakdown are illustrated below:
by type (living room furniture, bedroom furniture, storage furniture, others), by material (metal, wood, plastic, glass, others), by distribution channel (offline retail store, online store, others)

The Global Home Furniture Market report highlights insights regarding current and future industry trends, growth patterns, as well as offers business strategies to help stakeholders make sound decisions that can help ensure the trajectory of earnings over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, Israel, Egypt, etc.)
North America (United States, Mexico and Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia).

Report objectives
To carefully analyze and forecast the Home Furniture market size by value and volume.
-Estimate the market shares of the main home furnishings segments
– To present the Home Furniture market development in different parts of the world.
To analyze and study the Micro markets in terms of their Home Furniture market contributions, prospects, and individual growth trends.
-Offer accurate and helpful details on factors affecting Home Furnishings growth
-To provide a meticulous assessment of crucial business strategies employed by leading companies operating in the Home Furniture market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Main highlights of the table of contents:

Home Furniture Market Research Coverage:
It includes major manufacturers, emerging player’s growth story and major business segments of Home Furniture market, years considered and research objectives. Further, segmentation based on product type, application, and technology.
Executive Summary of Home Furniture Market: It provides a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends and issues, and macroscopic pointers.
Home Furniture Market Production by Region Home Furniture Market profile of manufacturers-players is studied based on SWOT, their products, production, value, financials and other vital factors .
Key points covered in the Home Furniture market report:
Overview, Definition and Classification of Home Furniture Market Drivers and Barriers
Home Furniture Market Competition by Manufacturers
Impact Analysis of COVID-19 on Home Furniture Market
Household Furniture Capacity, Production, Revenue (Value) by Region (2021-2027)
Home Furniture Supply (Production), Consumption, Export, Import by Region (2021-2027)
Household Furniture Production, Revenue (Value), Price Trend by Type {Living Room Furniture, Bedroom Furniture, Storage Furniture, Others,}
Home Furniture Market Analysis by Application
Home Furniture Manufacturers Profiles/Analysis Home Furniture Manufacturing Cost Analysis, Industry/Supply Chain Analysis, Sourcing Strategy & Downstream Buyers, Marketing
Strategy by major manufacturers/players, standardization of connected distributors/traders, regulatory and collaborative initiatives, industry roadmap and analysis of value chain market effect factors.

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Answers to key questions
How feasible is the home furniture market for long-term investment?
What are the factors influencing the demand for home furniture in the near future?
What is the impact analysis of various factors on the growth of the Global Home Furniture Market?
What are the recent regional market trends and how successful are they?

Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Craig Francis (Public Relations and Marketing Manager)
AMA Research & Media LLP
Unit #429, Parsonage Road Edison, NJ
New Jersey United States – 08837
Telephone: +1 (206) 317 1218
[email protected]

About the Author:
Advance Market Analytics is a global market research industry leader that provides quantified B2B research to Fortune 500 companies on emerging, high-growth opportunities that will impact over 80% of global business revenue.
Our analyst tracks high growth study with detailed and in-depth statistical analysis of market trends and dynamics that provides a comprehensive overview of the industry. We follow a thorough research methodology coupled with critical insights related to industry factors and market forces to generate the best value for our clients. We provide reliable primary and secondary data sources, our analysts and consultants obtain informative and usable data tailored to the business needs of our clients. The research study enables clients to achieve varied market objectives ranging from global footprint expansion to supply chain optimization and competitor profiling to mergers and acquisitions.

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