Home Furnishings Market By Product (Home Textile, Home Furniture, Wall Décor and Other Products) and Sales Channel (In-store and E-Commerce) - Global Industry Analysis And Forecast To 2025
This is related to the category of items that are occupied in the home and that make home fit to live in. They may incorporate some types of furniture’s that is defined as the portable articles in the room or the foundation which make it fit for working or living. Normally these furnishings types include the following; cushions, bedding & mattresses, curtains, chair coverings, bean bags, wall hangings & tapestries, doormats, carpets, sofas, rugs and some other types. Across the globe the demand for these furnishings is growing owing to rising disposable income with people & the need to decorate the home as per the current trend. Therefore, the Home Furnishings Market is anticipated to expand and has tremendous scope during the forecast period. The global Home Furnishings Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Drivers & Restrains
The factors driving the market are; the growing trend of the emerging technology of augmented reality (AR) for the applications of home furnishing, the technical advancement in various aspects of the home furnishing sector, development of applications by various players to services through online option and various other factors. The factors that are limiting the growth of the market can be the cost associated with the furnishing manufactured utilizing more good quality raw material.
The European region is leading the global Home Furnishings Market followed by the Middle East and Africa owing to factors like; rising demand for the furniture due to the appealing demand for the aesthetically appealing furniture that is made from raw material of good-quality, rising demand from the clients for modern designs of furniture, etc.
Home Furnishings Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Bed Bath & Beyond
Crate & Barrel
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?