Wednesday, March 30th, 2016 - WiseGuyReports

WiseGuyReports.com adds“Home Furnishings Industry 2016 Global Market Research Report & Forecast to 2020”reports to its database. We can offer you discount on this report.

This market research report presents a comprehensive segmentation of the global home furnishings market by products (home furniture, home textiles, and floor coverings) and by geography (Americas, APAC, Europe, and MEA). It also includes an insightful analysis of the leading vendors in this market such as IKEA, Walmart, Bed Bath & Beyond, and Macy’s.

Market outlook of the home furnishings market 
Technavio’s market research analyst predicts the global home furnishings market to grow at a CAGR of around 6% between 2016 and 2020. The growing significance of home décor has led to consumers seeking unique, designer home furnishings. Consumers are also opting for luxury office home furnishing products to give a sophisticated and classy look to their home workplace.

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As per this market forecast, the demand for home furnishings is expected to increase rapidly in the developing countries of APAC, MEA, and Latin America. The growth of sales in hypermarkets and superstores in these regions will contribute immensely to the overall sales of home furnishings over the next four years.

Product segmentation and analysis of the home furnishings market

- Floor coverings 
- Home furniture 
- Home textiles 
In 2015, the global home furnishings market was dominated by the home furniture segment. In the same year, this segment occupied over half of the market share in terms of revenues generated from the retail sales of home furnishing products globally.

Geographical segmentation of the home furnishings market 
- Americas 
- APAC 
- Europe 
- MEA 
In 2015, Europe led the global home furnishings market in terms of revenues generated from the retail sales of home furnishing. The major factor driving its growth is the presence of key vendors such as IKEA and Masco that provide consumers with a broad range of products.

Competitive landscape and key vendors 
The global home furnishings market marks the presence of both top vendors and private players present across the globe. With rising competition, manufacturers are bringing innovation to meet changing customer trends.

Over the next four years, the market is likely to witness a growing tilt towards eco-furnishing furnishings. Manufacturers have started offering a wide range of aesthetic furniture using only Moso bamboo, which is stronger and harder than oak. Similar innovations are predicted to characterize growing investments in home furnishings during the forecast period.

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The leading vendors in the market are -

IKEA 
Walmart 
Bed Bath & Beyond 
Macy’s 
Other prominent vendors in the market include Ahold, Aldi, Ashley Furniture, Carrefour, Continental China, Crate & Barrel, Fred Meyer, Furniture Brands International, Future Group, Haworth, Herman Miller, Inditex, and Kimball International.

Key questions answered in the report 
- What will the market size and the growth rate be in 2020? 
- What are the key factors driving the global home furnishings market? 
- What are the key market trends impacting the growth of the global home furnishings market? 
- What are the challenges to market growth? 
- Who are the key vendors in this market space? 
- What are the market opportunities and threats faced by the vendors in the global home furnishings market? 
- Trending factors influencing the market shares for Americas, APAC, Europe, and MEA in the global home furnishings market 
- What are the key outcomes of the five forces analysis of the global home furnishings market?

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Keywords

Home Furnishings, Home Furnishings Industry, Home Furnishings Market, Home Furnishings Market Trend, Home Furnishings Industry Trends, Home Furnishings Market Share, Home Furnishings Market Growth, Home Furnishings Market Size

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