MARKET INTRODUCTION
Home furnishing is the art of aesthetically designing of internal and external places along with making them functionally useful for residence. Furniture design can be modify through machine-based processes and handcrafting. The home furnishing products include various items such as tables, chairs, bed, stool, kitchen furniture, outdoor furniture and others.
MARKET DYNAMICS
The home furnishing market is expected to rise in the forecast period. The global home furnishing market has gaining attraction in emerging economies, owing to rise in the affluent population. Furthermore, rise in environment awareness among consumers has shifted their preference toward eco-friendly home décor products, which is a major growth factor of the global market. Increase in disposable income of consumers in developed and emerging countries fuels the market growth. However, availability of low-quality and simulated products and fluctuations in the prices of raw materials used to manufacture these products can restrain the market growth. On the other hand, surge in demand for trending & unique furniture is anticipated to provide significant growth opportunities for the home. The market players are competing based on price, design of the product, and quality.
MARKET SCOPE
The "Global Home Furnishing Market Analysis to 2031" is a specialized and in-depth study of the Consumer Goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the home furnishing market with detailed market segmentation by product type and distribution channel. The global home furnishing market is expected to rise during the forecast period. The report provides key statistics on the market status of the leading home furnishing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global home furnishing market is segmented on the basis of product type and distribution channel. Based on product type, the global home furnishing market is segmented in furniture, bathroom linen, bedding and linen, carpets and rugs, curtains and accessories. On the basis of distribution channel, the market is bifurcated into supermarkets and hypermarkets, speciality stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global home furnishing market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The home furnishing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the home furnishing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the home furnishing market in these regions.
By Product Type
By Distribution Channel
MARKET PLAYERS
The report covers vital developments in the home furnishing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the home furnishing market are anticipated to lucrative growth opportunities in the future with the rising demand for home furnishing products in the global market. Below mentioned is the list of few companies engaged in the home furnishing market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the home furnishing market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Home furnishing is the art of aesthetically designing of internal and external places along with making them functionally useful for residence. Furniture design can be modify through machine-based processes and handcrafting. The home furnishing products include various items such as tables, chairs, bed, stool, kitchen furniture, outdoor furniture and others.
MARKET DYNAMICS
The home furnishing market is expected to rise in the forecast period. The global home furnishing market has gaining attraction in emerging economies, owing to rise in the affluent population. Furthermore, rise in environment awareness among consumers has shifted their preference toward eco-friendly home décor products, which is a major growth factor of the global market. Increase in disposable income of consumers in developed and emerging countries fuels the market growth. However, availability of low-quality and simulated products and fluctuations in the prices of raw materials used to manufacture these products can restrain the market growth. On the other hand, surge in demand for trending & unique furniture is anticipated to provide significant growth opportunities for the home. The market players are competing based on price, design of the product, and quality.
MARKET SCOPE
The "Global Home Furnishing Market Analysis to 2031" is a specialized and in-depth study of the Consumer Goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the home furnishing market with detailed market segmentation by product type and distribution channel. The global home furnishing market is expected to rise during the forecast period. The report provides key statistics on the market status of the leading home furnishing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global home furnishing market is segmented on the basis of product type and distribution channel. Based on product type, the global home furnishing market is segmented in furniture, bathroom linen, bedding and linen, carpets and rugs, curtains and accessories. On the basis of distribution channel, the market is bifurcated into supermarkets and hypermarkets, speciality stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global home furnishing market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The home furnishing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the home furnishing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the home furnishing market in these regions.
Home Furnishing Market Report Analysis
Home Furnishing Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Ashley Furniture Industries Inc.
- BERCO DESIGNS
- Godrej and Boyce Manufacturing
- Herman Miller
- IKEA
- Stanley Furniture
- Heritage Home Group
- Nitori Co. Ltd.
- Williams-Sonoma
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Product Type
- Furniture Bathroom Linen
- Bedding and Linen
- Carpets and Rugs
- Curtains and Accessories
By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
The report covers vital developments in the home furnishing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the home furnishing market are anticipated to lucrative growth opportunities in the future with the rising demand for home furnishing products in the global market. Below mentioned is the list of few companies engaged in the home furnishing market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the home furnishing market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Ashley Furniture Industries Inc.
- BERCO DESIGNS
- Godrej and Boyce Manufacturing
- Herman Miller
- IKEA
- Stanley Furniture
- Heritage Home Group
- Nitori Co. Ltd.
- Williams-Sonoma
- Kimball International
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Home Furnishing Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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The List of Companies
1. Ashley Furniture Industries Inc.
2. BERCO DESIGNS
3. Godrej and Boyce Manufacturing
4. Herman Miller
5. IKEA
6. Stanley Furniture
7. Heritage Home Group
8. Nitori Co. Ltd.
9. Williams-Sonoma
10. Kimball International
1. Ashley Furniture Industries Inc.
2. BERCO DESIGNS
3. Godrej and Boyce Manufacturing
4. Herman Miller
5. IKEA
6. Stanley Furniture
7. Heritage Home Group
8. Nitori Co. Ltd.
9. Williams-Sonoma
10. Kimball International
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