Home furniture includes beds and mattresses, tables and table tops, desks, chairs, storage cabinets, sofas, and other furniture that are used to make a house or building a comfortable place to live.
One of the key factors driving the market’s growth is the improvement in the residential construction market. The home furniture market will be driven by the growth of the real estate industry until the end of 2023. Women are increasingly joining the workforce and are living independently. It has been observed that around 45% of the working population are women. This fuels the need for service apartments, which in turn, boosts the demand for home furniture in the country. The decline in the women unemployment rates will enable them to own or rent apartments or houses. This will boost the demand for residential construction activities and drive the need for household furniture such as beds and mattresses, storage units, tables and table tops, chairs, sofas, recliners, and other luxury products.
The rising demand for sustainable products from consumers is expected to encourage manufacturers to come up with innovative eco-friendly furniture products. The rising environmental issues will further compel both manufacturers and consumers to adopt eco-friendly or green furniture and keep a check on carbon footprints.
In 2019, the market size of Home Furniture is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Home Furniture.
This report studies the global market size of Home Furniture, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Home Furniture sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sales, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Ashley Furniture HomeStore
La-Z-Boy
IKEA
Williams-Sonoma
Rooms To Go
Mattress Firm
...
Market Segment by Product Type
Living Room Furniture
Bedroom Furniture
Storage Furniture
Market Segment by Application
Online Retail
Offline Retail
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Home Furniture status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Home Furniture manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Home Furniture are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Home Furniture. Industry analysis & Market Report on Home Furniture is a syndicated market report, published as Global (United States, European Union and China) Home Furniture Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Home Furniture market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.