#

+91-9811715635

  • #
  • #
  • #
#
The US Home Furnishing Market: Size, Trends & Forecasts & Home decor industry statistics 2019 Overview

The US Home Furnishing Market: Size, Trends & Forecasts (2019-2023 Edition)

Publish Date:Nov 2019
No. of Pages:85

Format : Adobe Reader (PDF) Instant delivery

US$ 900.00

The US Home Furnishing Market: Size, Trends & Forecasts & Home decor industry statistics 2019 Overview

The report entitled “The US Home Furnishing Market: Size, Trends & Forecasts (2019-2023 Edition)”, provides a detailed analysis of the US home furnishing market in terms of value, growth and segments. An analysis of the global home furnishing market has also been included in the report in order to highlight the position of the US with respect to the global market.

Furthermore, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US home furnishing has also been forecasted for the period 2019-2023, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

Bed Bath & Beyond, Inc., Williams-Sonoma Inc., Target Corporation, and Wayfair Inc. are some of the key players operating in the home furnishing market of the US, whose company profiling has been done in the report which briefs about business overview, financial summary, and business strategies of these major companies.

Company Coverage
1. Bed Bath & Beyond, Inc.
2. Williams-Sonoma Inc.
3. Target Corporation
4. Wayfair Inc

Executive Summary

The home furnishing industry incorporates manufacturers of furniture, upholstery, carpets, divider covers, and bedding, as well as delicate domestic decorations, such as covers and other bed-related things, materials, tablecloths, and candles.

Home Furnishings trends tend to be highly cyclical, rising and falling with decade-low unemployment, rising wages, robust consumer confidence, and other economic indicators. The furniture market rules the industry. Furniture producers see their businesses move together with intrigued rates and the housing market.

The US home furnishing market can be segmented on the basis of product type and distribution channel. On the basis of product type, the market can be sub segmented into home furniture, home textiles and floor coverings. On the basis of distribution channels, the market can be bifurcated into offline (brick and mortar stores) and online.

The US home furnishing market has shown rising trends over the past few years and is expected to grow at a rapid pace over the forecasted period (2019-2023). The US home furnishing market is primarily driven by growing e-commerce and m-commerce penetration, rising personal disposable income, growing urbanization population, recovering home furnishing share of wallet, growing consumer interest towards home décor etc.

However, the market is facing some challenges such as shifting consumer trends & expectations, rising material cost, skilled labor shortage etc. Market trends such as augmented reality and virtual reality, technological advanced stores, and rising demand for luxury home furnishing is expected to propel the growth of the market in the coming years.


Tags :





1. Executive Summary

2. Introduction

2.1 Introduction to Home Furnishing

2.1.1 Home Furnishing Market Value Chain
2.1.2 Home Furnishing Market Retailers
2.1.3 Home Furnishing Market Customers
2.1.4 Home Furnishing Market Workers
2.1.5 Types of Furniture Stores

2.2 Global Home Furnishing Market Overview
2.3 Home Furnishing Market Segments 

3. Global Market Analysis

3.1 Global Home Furnishing Market Analysis

3.1.1 Global Home Furnishing Market by Value
3.1.2 Global Home Furnishing Market by Region (The US and Rest of the World)

4. The US Market Analysis

4.1 The US Home Furnishing Market Analysis

4.1.1 The US Home Furnishing Market by Value 
4.1.2 The US Home Furnishing Market by Growth Rate 

4.2 The US Home Furnishing Market: Product Type Analysis

4.2.1  The US Home Furnishing Market by Product Type
4.2.2 The US Home Furniture Market by Value
4.2.3  The US Home Furniture Market by Product Type
4.2.4 The US Home Kitchen Furniture Market by Value
4.2.5 The US Home Textile Market by Value
4.2.6 The US Floor Coverings Market by Value 

4.3 The US Home Furnishing Market: Distribution Channel Analysis

4.3.1  The US Home Furnishing Market by Distribution Channel
4.3.2 The US Offline Home Furnishing Market by Value
4.3.3 The US Online Home Furnishing Market by Value 
4.3.4 The US Home Furnishing Market by Retail Sales Growth Rate

5. Market Dynamics

5.1 Growth Drivers
5.1.1 Growing E-Commerce and M-Commerce Penetration
5.1.2 Rising Personal Disposable Income
5.1.3 Omni-Channel Approach
5.1.4 Recovering Home Furnishing Share of Wallet
5.1.5 Increasing Rate of Urbanization
5.1.6 Growing Consumer Interest towards Home Decor

5.2 Challenges
5.2.1 Shifting Consumer Trends and Expectations
5.2.2 High Logistic Cost
5.2.3 Rising Material Costs
5.2.4 Skilled Labor Shortage
5.2.5 Declining Millennial House Ownership

5.3 Market Trends
5.3.1 Augmented Reality and Virtual Reality
5.3.2 Technological Advanced Stores 
5.3.3 Increasing Demand for Luxury Home Furnishing
5.3.4 Rising Demand for Eco-Friendly Furnishings

6. Competitive Landscape

6.1 The US Home Furnishing Market Players Financial Comparison
6.2 The US Home Furnishing Players Positioning by Household Income 
6.3 The US Furniture & Furnishings Retail Industry Landscape 
6.4 The US Kitchen Furniture Market by Players

7. Company Profiles

7.1 Bed Bath & Beyond Inc.
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategy

7.2 Williams-Sonoma, Inc.
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategy

7.3 Target Corporation
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategy

7.4 Wayfair Inc.
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategy
Figure 1: Furniture Market Value Chain
Figure 2: Home Furnishing Accessories Market Value Chain
Figure 3: Types of Furniture Stores
Figure 4: Global Home Furnishing Market Top Producers, Exporters and Importers
Figure 5: Home Furnishing Market Segments
Figure 6: Global Home Furnishing Market by Value; 2017-2018 (US$ Billion)
Figure 7: Global Home Furnishing Market by Value; 2019-2023 (US$ Billion)
Figure 8: Global Home Furnishing Market by Region; 2018 (Percentage,%)
Figure 9: The US Home Furnishing Market by Value; 2014-2018 (US$ Billion)
Figure 10: The US Home Furnishing Market by Value; 2019-2023 (US$ Billion)
Figure 11: The US Home Furnishing Market by Growth Rate; 2014-2018 (%)
Figure 12: The US Home Furnishing Market by Growth Rate; 2019-2023 (%)
Figure 13: The US Home Furnishing Market by Product Type; 2018 (Percentage,%)
Figure 14 : The US Home Furniture Market by Value; 2014-2018 (US$ Billion)
Figure 15: The US Home Furniture Market by Value; 2019-2023 (US$ Billion)
Figure 16: The US Home Furniture Market by Product Type; 2018 (Percentage,%)
Figure 17: The US Home Kitchen Furniture Market by Value; 2014-2018 (US$ Billion)
Figure 18: The US Home Kitchen Furniture Market by Value; 2019-2023 (US$ Billion)
Figure 19: The US Home Textile Market by Value; 2014-2018 (US$ Billion)
Figure 20: The US Home Textile Market by Value; 2019-2023 (US$ Billion)
Figure 21: The US Floor Covering Market by Value; 2014-2018 (US$ Billion)
Figure 22: The US Floor Covering Market by Value; 2019-2023 (US$ Billion)
Figure 23: The US Home Furnishing Market by Distribution Channel; 2018 (Percentage,%)
Figure 24: The US Offline Home Furnishing Market by Value; 2017-2018 (US$ Billion)
Figure 25: The US Offline Home Furnishing Market by Value; 2019-2023 (US$ Billion)
Figure 26: The US Online Home Furnishing Market by Value; 2017-2018 (US$ Billion)
Figure 27: The US Online Home Furnishing Market by Value; 2019-2023 (US$ Billion)
Figure 28: The US Home Furnishing Market by Retail Sales Growth Rate; 1Q16-3Q18 (%)
Figure 29: E-Commerce Share of Total Retail Sales in US; 2014-2018 (%)
Figure 30: E-Commerce Share of Total Retail Sales in US; 2019-2021 (%)
Figure 31: The US Personal Disposable Income; January 2015- January 2019 (US$ Trillion)
Figure 32: The US Home Furnishing Share of Wallet; 1Q16-3Q18
Figure 33: The US Urban Population; 2014-2018 (Million)
Figure 34: The US Millennial House Ownership; 4Q17-1Q18 (%)
Figure 35: The US Kitchen Furniture Market by Players; 2018 (Percentage, %)
Figure 36: Bed Bath & Beyond Inc. Net Sales; 2015-2019 (US$ Billion)
Figure 37: Bed Bath & Beyond Inc. Store Count; 2015-2019
Figure 38: Williams-Sonoma, Inc. Net Revenue; 2014-2018 (US$ Billion)
Figure 39: Williams-Sonoma, Inc. Retail Store Count; 2014-2018
Figure 40: Williams-Sonoma, Inc. Net Revenue by Segments; 2018 (Percentage,%)
Figure 41: Williams-Sonoma, Inc. Net Revenue by Brands; 2018 (Percentage,%)
Figure 42: Target Corporation Sales; 2014-2018 (US$ Billion)
Figure 43: Target Corporation Sales by Distribution Channel; 2018 (Percentage,%)
Figure 44: Target Corporation Sales by Product-Category; 2018 (Percentage,%)
Figure 45: Wayfair Inc. Revenue; 2014-2018 (US$ Billion)
Figure 46: Wayfair Inc. Net Revenue by Segments; 2018 (Percentage,%)
Table 1: The US Home Furnishing Market Players Financial Comparison; 2012-2019
Table 2: The US Home Furnishing Players’ Positioning by Household Income
Table 3: The US Furniture & Furnishings Retail Industry Landscape
Table 4: Wayfair Inc. Sites and Brands