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Exclusive Report on Home Furniture Market 2019 | Industry Drivers, Business Plans, Types, Applications, Challenges, Opportunities and Latest Trends Forecast to 2024

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The “Home Furniture Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Home Furniture market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Home Furniture market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The home furniture refers to the category of products, which occupy the physical ambiance of a house. Home furnishings retailers include national chains and independent stores. The market is expected to register a CAGR of 5.2% in the forecast period, 2019-2024.
  • – The growing need for shifting and settling down has led to an upsurge in the demand for home furniture.
  • – Increasing demand for smart furniture is also projected to contribute toward the growth of the global home furniture market significantly.
  • – Increasing deterioration in the quality of the furniture has led the customers to purchase home furniture, globally. Low lending rates, along with the penetration of online stores in emerging economies, may surge the global market share.
  • – The global market is highly adaptive as per the changing trends and observes increasing competition from new entrants.
  • – The number of single- and two-person households has been increasing, resulting in the demand for small and portable furniture. Consumers have also been looking for furniture that is multi-purpose, foldable, and technology-driven, especially when it comes to living in smaller spaces.
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    In Home Furniture Market Report, Following Companies Are Covered:

  • Ikea
  • Bed Bath & Beyond Inc.
  • Williams
  • Sonoma Inc.
  • Target Corporation
  • Wayfair Inc.
  • Home Depot Inc.
  • Ashley Furniture Industries Inc.
  • Heritage Home Group
  • La
  • Z
  • Boy
  • Rooms To Go
  • Mattress Firm
  • Herman Miller *

    Home Furniture Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • A complete background analysis of the global home furniture market, which includes assessment of the economy, contribution of the sectors in the economy, market overview and market size estimation for the key segments, emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries, is covered in the report.

    Reasons for Buying Home Furniture Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Bedroom Furniture Segment

    The rising demand for multifunctional furniture is expected to bolster the growth prospects of the bedroom segment. With an expanding global population, the real estate prices have plummeted significantly in most parts of the world, especially in cities and urban areas. This has led to a considerable reduction in house sizes. As rooms are getting smaller, customers are increasingly looking for furniture that is compact and easily movable to allow for efficient use of the available space. To cater to such requirements, the vendor companies have introduced multifunctional furniture with storage facilities. Most modern furniture products, like tables and beds, come with additional storage spaces.

    Living Room and Dining Room Furniture Segment

    This market segment includes furniture used in living rooms, parlors, lounges, lobbies, and dining rooms. This segment includes sofas, chairs, coffee and dining tables, bookshelves, and other pieces of furniture for storage. The global home furniture market focuses on furniture that is made primarily of wood and used in living and dining rooms. It includes a bar, coffee, and other occasional side tables, dining and buffet tables, TV and media stands, bookshelves, wine, and other cabinets, chests, and other living and dining room storage furniture.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Home Furniture create from those of established entities?

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    Detailed TOC of Home Furniture Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Key Deliverables of the Study
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Drivers
    4.3 Restraints
    4.4 Trends Influencing the Global Home Furniture Market
    4.5 Value Chain Analysis of the Global Home Furniture Market
    4.6 Millennials and the Housing Market
    4.7 Porter’s Five Forces Analysis
    4.8 E-commerce Impact on the Global Home Furniture Market
    4.9 Technological Innovations

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Furniture
    5.1.1.1 Living Room and Dining Room Furniture
    5.1.1.2 Bedroom Furniture
    5.1.1.3 Kitchen Furniture
    5.1.1.4 Lamps and Lighting Furniture
    5.1.1.5 Plastic and Other Furniture
    5.2 By Distribution Channel
    5.2.1 Offline
    5.2.2 Online
    5.3 Geography
    5.3.1 North America
    5.3.2 South America
    5.3.3 Europe
    5.3.4 Asia-Pacific
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Ikea
    6.1.2 Bed Bath & Beyond Inc.
    6.1.3 Williams-Sonoma Inc.
    6.1.4 Target Corporation
    6.1.5 Wayfair Inc.
    6.1.6 Home Depot Inc.
    6.1.7 Ashley Furniture Industries Inc.
    6.1.8 Heritage Home Group
    6.1.9 La-Z-Boy
    6.1.10 Rooms To Go
    6.1.11 Mattress Firm
    6.1.12 Herman Miller *

    7 INVESTMENT ANALYSIS ON THE GLOBAL HOME FURNITURE MARKET

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

    9 APPENDIX

     

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