Mark Wilson's blog : Home Furnishings Market Size, Share, Growth, Trends, Key Vendors, Regions Demand and Forecast to 2027 | Syndicated Analytics

“Home Furnishings Market Size: Global Industry Analysis, Market Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global home furnishings market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.

Report Metrics

Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027

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Home furnishing items represent various pieces of furniture, such as tables, beds, chairs, drawers, etc. In addition to this, they include decorative products, including sofas, curtains, paintings, cooking utensils, art objects, wall-to-wall carpeting, built-in-ovens, dishwashers, etc. These furnishings are used to offer functionality and improve the aesthetic appearance of different spaces of a home, including the bedroom, living room, dining room, etc. They are essential for enhancing the overall ambiance and appeal of the house. Furthermore, home furnishings are commonly available in several shapes, sizes, and colors to meet the diverse tastes and shifting lifestyle preferences of users.

Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.

Global Home Furnishings Industry Trends and Drivers:

The rising number of construction activities in the residential sector is primarily driving the home furnishings market. Apart from this, the expanding e-commerce industry, owing to the increasing high-speed internet penetration and reliance on smartphones, tablets, laptops, etc., and the widespread adoption of aggressive promotional campaigns by the leading manufacturers are further propelling the market growth. Moreover, the escalating demand for home accessories and furnishings to add a more aesthetic and pleasant appeal and the improving living standards of individuals are also positively influencing the global market. Besides this, the introduction of numerous favorable policies by government bodies across countries for minimizing exports, modernizing the textile industry, encouraging domestic manufacturing of home furnishings to offer employment opportunities, etc., is acting as another significant growth-inducing factor. Additionally, the growing consumer environmental concerns are bolstering the utilization of eco-friendly products, which is expected to fuel the home furnishings market in the coming years.

Global Home Furnishings Market Segmentation:

The market is segmented in on the basis of type, end use and region.

Type
End use
Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa

Competitive Landscape:

The report also provides insights on the competitive landscape of the global home furnishings industry with the leading players profiled in the report.