Learn about the global home furnishings and floor coverings market through The Business Research Company, which provides information on home furnishings and floor coverings market size, home furnishings and floor coverings market drivers and restraints, home furnishings and floor coverings market players, the COVID-19 impact on the home furnishings and floor coverings market, and more.

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The global home furnishings and floor coverings market is expected to grow from $98.8 billion in 2020 to $104.7 billion in 2021 at a compound annual growth rate (CAGR) of 7%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $131.6 billion in 2025 at a CAGR of 6%.

Increasing demand for online shopping is expected to help the home furnishing and floor coverings market grow.

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The home furnishings and floor coverings market consists of sales of home furnishings and floor covering products by entities (organizations, sole traders and partnerships) that produce home furnishings, such as curtains and draperies, and soft and hard surface floor coverings.

Global Home Furnishings And Floor Coverings Market Segments Include:
By Type: Home Furnishings, Floor Coverings
By Application: Household, Commercial
Subsegments Covered: Curtains, Bedspreads, Towels-Home Furnishings, Other Home Furnishings, Carpets And Rugs, Mats

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global home furnishings and floor coverings market, accounting for 32% of the market in 2020.

Home furnishings and floor covering manufacturers are adopting digital printing technology to cut down on operational expenditures. This technology lowers sampling process time and water consumption. It is also considered to be eco-friendly alternative to traditional home furnishings and floor coverings.

TBRC’s home furnishings and floor coverings market report covers:

Major Market Players: IKEA AB, Ashley Furniture Industries Inc, Shaw Industries, Mohawk Industries, Milliken & Co.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Home Furnishings And Floor Coverings Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides home furnishings and floor coverings market overviews, analyses and forecasts market size, share, home furnishings and floor coverings market players, home furnishings and floor coverings market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s home furnishings and floor coverings market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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