PUBLISHER: TechNavio | PRODUCT CODE: 1693124
PUBLISHER: TechNavio | PRODUCT CODE: 1693124
The furniture and home furnishing market is forecasted to grow by USD 78.5 bn during 2024-2029, accelerating at a CAGR of 2.2% during the forecast period. The report on the furniture and home furnishing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by evolving consumer demographics in emerging economies, growth of organized retail sale, and increase in residential and commercial construction.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 2.1% |
CAGR | 2.2% |
Incremental Value | $78.5 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's furniture and home furnishing market is segmented as below:
By Application
By Distribution Channel
By Material
By Product Type
By Geographical Landscape
This study identifies the growing demand for personalized furniture and home furnishings as one of the prime reasons driving the furniture and home furnishing market growth during the next few years. Also, increasing number of strategic alliances and partnerships and rising emphasis on circular economy principles will lead to sizable demand in the market.
The report on the furniture and home furnishing market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading furniture and home furnishing market vendors that include Ashley Global Retail LLC, Baker Interiors Group, Bernhardt Furniture Co., Ethan Allen Interiors Inc., Flexsteel Industries Inc., Godrej and Boyce Manufacturing Co. Ltd., Herman Miller Inc., Hooker Furniture Corp., Inter IKEA Holding B.V., Kartell SpA, LaZBoy Inc., Minotti SpA, Oppein Home Group Inc., Raymour and Flanigan Furniture and Mattresses, Restoration Hardware Inc., Stanley Lifestyles Ltd., and Williams Sonoma Inc.. Also, the furniture and home furnishing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: