In XYZResearch's report,global Home Furnishings market was valued at 728485.93 million USD in 2016 and is expected to reach 988182.19 million USD by the end of 2022, growing at a CAGR of 5.21% between 2016 and 2022. Currently, there are thousands of producers in the world Home Furnishings industry, especially in Asia.
Home Furnishing refers to anything that is used to furnish a home, including both furniture and things used to decorate the home and make it more hospitable.
The market can be segmented into several broad groups: Home Furniture, Home Textile, Wall Decor and Others. Home Furniture was the biggest market share while Wall Décor was the fastest growing sector in recent years.
Europe is one of the largest consumption regions of Home Furnishing in the world in the past few years and it will keep increasing in the next few years. Europe market took up about 31.6% of the global market share in 2016, while North America took up about 25.4%, and China was followed with the share about 17.2%.
Global Home Furnishings market is very fragmented, Bed Bath & Beyond, Home Depot, IKEA, Lowes, Target, Wal-Mart, Art.com, etc. are well-known retailers around the world. Top 5 suppliers took up about 9.90% of the global market in 2016.
Home Furnishings are classically distributed in two distinct channels: the department store and the mass market channel. The retail chain is the major distribution partner for Home Furnishing manufacturer, as the majority of sales are from retail outlets. The current shift in the retail industry from a more traditional unorganized retail format to organized retail has accelerated the growth of the retail industry.
Geographically, global Home Furnishings market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
IKEA
Walmart
Bed Bath & Beyond
Macy's
Wayfair
Future Group
Haworth
Ashley Furniture
Carrefour
J.C. Penny
Crate & Barrel
Fred Meyer
Herman Miller
Home Depot
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Home Furniture
Home Textile
Wall Decor
Others
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Home Furnishings for each application, including
E-Commerce Sales
In-store Sales
Production, consumption, revenue, market share and growth rate are the key targets for Home Furnishings from 2014 to 2026 (forecast) in these regions
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
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Summary:
Get latest Market Research Reports on Home Furnishings. Industry analysis & Market Report on Home Furnishings is a syndicated market report, published as Global Home Furnishings Market Analysis 2020 with Top Companies, Production, Consumption,Price and Growth Rate. It is complete Research Study and Industry Analysis of Home Furnishings market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.