Home furniture refers to products that occupy the physical atmosphere of your home. Home furniture retailers include national chains and independent stores. The growing need to migrate and settle down has led to a surge in demand for home furnishings. Increasing demand for smart furniture is also projected to significantly contribute to the growth of the global home furniture market. As the quality of furniture continues to deteriorate, customers are purchasing home furnishings all over the world. Low lending rates and the penetration of online stores in emerging countries could lead to a sharp rise in global market share.
The Home Furniture Market report offers a detailed analysis of key market insights, its future trends and developments, profiles of key players, key restraints and drivers, segmentation, and forecasts. The report highlights the market size and CAGR of key segments and quickly provides relevant information about the global market.
The report consists of several aspects that influence the growth of the Home Furniture market. It also provides excellent growth opportunities for new entrants and helps them earn more income.
The Home Furniture market report includes a complete qualitative and quantitative analysis based on multiple constraints. The study investigated various functional and microeconomic factors and the same is mentioned in the report.
Competitors in this report analysis includes company profile, business strategy, SWOT and PESTLE analysis, sales, revenue, price and gross margin, market share. The factors supporting and retarding the growth of the market are identified and explained in this report.
The global home furniture market is expected to grow from USD 217.66 billion in 2023 to USD 306.27 billion by 2030, at a CAGR of 5% during the forecast period.
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Some of the major players in the global home furnishings market include:
IKEA, DFS Furniture, BoConcept, Natuzzi, Fama Sofas, Hülsta, John Lewis & Partners, Roche Bobois, com, Calligaris, Poltrona Frau Group, KARE Design, Conforama, Habitat, G Plan Furniture, BoConcept, B&B Italia, Bolia, Schaffner AG , Rolf Benz
home furniture market segmentation:
Home Furniture Market by Material, 2020-2030, (USD Billion)
wood
metal
plastic
Other furniture
Home Furniture Market by Type, 2020-2030, (USD Billion)
kitchen furniture
living room and dining room furniture
bedroom furniture
Other furniture
Home Furniture Market by Distribution Channel, 2020-2030, (USD Billion)
supermarkets and hypermarkets
specialty shop
online
others
Regional and country-level analysis
North America (USA, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, Korea, India, Southeast Asia)
south america (Brazil, Argentina, Colombia)
middle east and africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
Market size and forecast:
Home Furniture market size and forecast have been predicted with the help of robust methodology.
A combination of bottom-up and top-down revenue estimation methods was introduced to obtain accurate results.
Country- and regional-level trends have been wisely studied and the same has been applied while calculating market share and growth rates for numerous segments. The global market is segmented into five broad regions, each with important countries as distinct sub-segments.
Markets are estimated from both the supply and demand sides. Demand-side opinions were collected from users in the home furnishings market.
This helped validate the supply-side market size estimates.
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The Home Furniture market analysis and strategies are carried out as follows:
- This report outlines the tried and tested and innovative strategies taken by potential stakeholders when it comes to marketing their products.
- The sales channels selected by the companies (including direct and indirect marketing) are briefly enumerated in the Home Furniture Market report.
- An overview of the suppliers of these products and the top customers of their products is also included in the study.
- The report includes the crucial drivers influencing the commercialization status of the Home Furniture market and their impact on the revenue size of this business area.
- Rising demand for products from key regions, important applications, and potential business areas are also included in the market report.
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We offer report customization based on your specific requirements.
- Free country-level analysis for 5 selected countries.
- Free competitive analysis of 5 major market players.
- 40 free analyst hours covering other data points.
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