Global Furniture and Home Furnishing Store Market Size study, by Type, by Ownership, by Store Type Regional Forecasts 2022-2032

Description

List of Tables

Global Furniture and Home Furnishing Store Market is valued at approximately USD 515.21 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.21% over the forecast period 2024-2032. Furniture and Home Furnishing Store, known as a retail establishment, offers an array of home decor and furniture items, including sofas, tables, beds, and decorative accessories. These stores provide a comprehensive shopping experience, allowing customers to enhance their living spaces with stylish and functional pieces. Furniture and Home Furnishing Stores often showcase a variety of designs, from classic to contemporary, catering to diverse tastes and preferences. The Furniture and Home Furnishing Store Market is witnessing a surge in demand for eco-friendly and sustainable products, propelled by increasing consumer awareness about environmental impact. The online shopping landscape is evolving with the integration of virtual showrooms and augmented reality tools, which enhance the customer experience. There is also a growing trend towards multifunctional and space-saving furniture, driven by the needs of urban living.

The Furniture and Home Furnishing Store Market is driven by several key factors, including increasing urbanization and rising disposable incomes, which boost consumer spending on home decor and furnishings. Growing awareness of interior design trends and a desire for personalized, stylish living spaces further fuel market growth. The expansion of e-commerce platforms has made it easier for consumers to access a wide range of products from Furniture and Home Furnishing Stores. Innovations in product design, such as multifunctional and space-saving furniture, also appealing to clients seeking functional, visually stunning home solutions. However, high fluctuations in raw material prices can increase production costs and affect pricing in the Furniture and Home Furnishing Store Market. Additionally, intense competition from online retailers and the growing popularity of direct-to-consumer brands poses significant challenges for traditional brick-and-mortar stores. Economic uncertainties and changes in consumer spending patterns also impact market stability.

The key regions considered for the global Furniture and Home Furnishing Store market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America dominates the market for Furniture and Home Furnishing Store market in terms of revenue. The region's high level of consumer consumption reflects both a strong economic climate and a highly aesthetic culture. Customers have easy access to a diverse choice of products and brands thanks to the smart retail infrastructure, which includes a broad network of well-established sites and a strong online presence. Furthermore, there is a sizable market for high-end, personalized home furnishings because of the need for high-quality, customized items that reflect individual preferences and lifestyles. This trend is being supported by innovative design services and adaptive customization options offered by various stores that cater to the discriminating needs of North American consumers. On the other hand, the Asian Pacific market is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:

Ashley Furniture Industries
Heritage Home Group
Herman Miller Inc.
Inter Ikea Systems B.V.
Steelcase Inc.
The Home Depot
Beyond, Inc.
Nitori Holdings Co. Ltd.
Williams Sonoma Inc.
Global Furniture Group

The detailed segments and sub-segment of the market are explained below:

By Type

Furniture Stores
Home Furnishing Stores

By Ownership

Retail Chains
Independent Stores

By Store Type

Exclusive/Retail Showrooms
Inclusive Retailers/Dealers Store

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East and Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates and Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Furniture and Home Furnishing Store Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion and Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness and Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Furniture and Home Furnishing Store Market Size and Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By Ownership
- 2.3.3. By Store Type
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation and Conclusion

Chapter 3. Global Furniture and Home Furnishing Store Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Furniture and Home Furnishing Store Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation and Conclusion

Chapter 5. Global Furniture and Home Furnishing Store Market Size and Forecasts by Type 2022-2032

5.1. Furniture Stores
5.2. Home Furnishing Stores

Chapter 6. Global Furniture and Home Furnishing Store Market Size and Forecasts by Ownership 2022-2032

6.1. Retail Chains
6.2. Independent Stores

Chapter 7. Global Furniture and Home Furnishing Store Market Size and Forecasts by Store Type 2022-2032

7.1. Exclusive/Retail Showrooms
7.2. Inclusive Retailers/Dealers Store

Chapter 8. Global Furniture and Home Furnishing Store Market Size and Forecasts by Region 2022-2032

8.1. North America Furniture and Home Furnishing Store Market
- 8.1.1. U.S. Furniture and Home Furnishing Store Market
  - 8.1.1.1. Type breakdown size and forecasts, 2022-2032
  - 8.1.1.2. Ownership breakdown size and forecasts, 2022-2032
  - 8.1.1.3. Store Type breakdown size and forecasts, 2022-2032
- 8.1.2. Canada Furniture and Home Furnishing Store Market
8.2. Europe Furniture and Home Furnishing Store Market
- 8.2.1. U.K. Furniture and Home Furnishing Store Market
- 8.2.2. Germany Furniture and Home Furnishing Store Market
- 8.2.3. France Furniture and Home Furnishing Store Market
- 8.2.4. Spain Furniture and Home Furnishing Store Market
- 8.2.5. Italy Furniture and Home Furnishing Store Market
- 8.2.6. Rest of Europe Furniture and Home Furnishing Store Market
8.3. Asia-Pacific Furniture and Home Furnishing Store Market
- 8.3.1. China Furniture and Home Furnishing Store Market
- 8.3.2. India Furniture and Home Furnishing Store Market
- 8.3.3. Japan Furniture and Home Furnishing Store Market
- 8.3.4. Australia Furniture and Home Furnishing Store Market
- 8.3.5. South Korea Furniture and Home Furnishing Store Market
- 8.3.6. Rest of Asia Pacific Furniture and Home Furnishing Store Market
8.4. Latin America Furniture and Home Furnishing Store Market
- 8.4.1. Brazil Furniture and Home Furnishing Store Market
- 8.4.2. Mexico Furniture and Home Furnishing Store Market
- 8.4.3. Rest of Latin America Furniture and Home Furnishing Store Market
8.5. Middle East and Africa Furniture and Home Furnishing Store Market
- 8.5.1. Saudi Arabia Furniture and Home Furnishing Store Market
- 8.5.2. South Africa Furniture and Home Furnishing Store Market
- 8.5.3. Rest of Middle East and Africa Furniture and Home Furnishing Store Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Ashley Furniture Industries
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Heritage Home Group
- 9.3.3. Herman Miller Inc.
- 9.3.4. Inter Ikea Systems B.V.
- 9.3.5. Steelcase Inc.
- 9.3.6. The Home Depot
- 9.3.7. Beyond, Inc.
- 9.3.8. Nitori Holdings Co. Ltd.
- 9.3.9. Williams Sonoma Inc.
- 9.3.10. Global Furniture Group

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Furniture and Home Furnishing Store market, report scope
TABLE 2. Global Furniture and Home Furnishing Store market estimates and forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Furniture and Home Furnishing Store market estimates and forecasts by Type 2022-2032 (USD Billion)
TABLE 4. Global Furniture and Home Furnishing Store market estimates and forecasts by Ownership 2022-2032 (USD Billion)
TABLE 5. Global Furniture and Home Furnishing Store market estimates and forecasts by Store Type 2022-2032 (USD Billion)
TABLE 6. Global Furniture and Home Furnishing Store market by segment, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Furniture and Home Furnishing Store market by region, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Furniture and Home Furnishing Store market by segment, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Furniture and Home Furnishing Store market by region, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Furniture and Home Furnishing Store market by segment, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Furniture and Home Furnishing Store market by region, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Furniture and Home Furnishing Store market by segment, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Furniture and Home Furnishing Store market by region, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Furniture and Home Furnishing Store market by segment, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 15. Global Furniture and Home Furnishing Store market by region, estimates and forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 17. U.S. Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 18. U.S. Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Canada Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 20. Canada Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Canada Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 22. UK Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 23. UK Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 24. UK Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Germany Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 26. Germany Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Germany Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 28. France Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 29. France Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 30. France Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 31. Italy Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 32. Italy Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Italy Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 34. Spain Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 35. Spain Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 36. Spain Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 37. RoE Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 38. RoE Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 39. RoE Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 40. China Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 41. China Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 42. China Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 43. India Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 44. India Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 45. India Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 46. Japan Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 47. Japan Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Japan Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 49. Australia Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 50. Australia Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 51. Australia Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 52. South Korea Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 53. South Korea Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 54. South Korea Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 55.
TABLE 56. RoAPAC Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 57. RoAPAC Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 58. RoAPAC Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 59. Brazil Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 60. Brazil Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Brazil Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 62. Mexico Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 63. Mexico Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 64. Mexico Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 65. RoLA Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 66. RoLA Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 67. RoLA Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 70. Saudi Arabia Furniture and Home Furnishing Store market estimates and forecasts, 2022-2032 (USD Billion)
TABLE 71. South Africa Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 72.
TABLE 73. South Africa Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 74. South Africa Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 77. RoMEA Furniture and Home Furnishing Store market estimates and forecasts by segment 2022-2032 (USD Billion)
TABLE 78. List of secondary sources, used in the study of Global Furniture and Home Furnishing Store Market.
TABLE 79. List of primary sources, used in the study of Global Furniture and Home Furnishing Store Market.
TABLE 80. Years considered for the study.
TABLE 81. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Furniture and Home Furnishing Store market, research methodology
FIG 2. Global Furniture and Home Furnishing Store market, market estimation techniques
FIG 3. Global market size estimates and forecast methods.
FIG 4. Global Furniture and Home Furnishing Store market, key trends 2023
FIG 5. Global Furniture and Home Furnishing Store market, growth prospects 2022-2032
FIG 6. Global Furniture and Home Furnishing Store market, porters 5 force model
FIG 7. Global Furniture and Home Furnishing Store market, pestel analysis
FIG 8. Global Furniture and Home Furnishing Store market, value chain analysis
FIG 9. Global Furniture and Home Furnishing Store market by segment, 2022 and 2032 (USD Billion)
FIG 10. Global Furniture and Home Furnishing Store market by segment, 2022 and 2032 (USD Billion)
FIG 11. Global Furniture and Home Furnishing Store market by segment, 2022 and 2032 (USD Billion)
FIG 12. Global Furniture and Home Furnishing Store market by segment, 2022 and 2032 (USD Billion)
FIG 13. Global Furniture and Home Furnishing Store market by segment, 2022 and 2032 (USD Billion)
FIG 14. Global Furniture and Home Furnishing Store market, regional snapshot 2022 and 2032
FIG 15. North America Furniture and Home Furnishing Store market 2022 and 2032 (USD Billion)
FIG 16. Europe Furniture and Home Furnishing Store market 2022 and 2032 (USD Billion)
FIG 17. Asia pacific Furniture and Home Furnishing Store market 2022 and 2032 (USD Billion)
FIG 18. Latin America Furniture and Home Furnishing Store market 2022 and 2032 (USD Billion)
FIG 19. Middle East and Africa Furniture and Home Furnishing Store market 2022 and 2032 (USD Billion)
FIG 20. Global Furniture and Home Furnishing Store market, company market share analysis (2023)