Home Furnishings Stores Market
Retail And Wholesale

Insights Into The Home Furnishings Stores Market’s Growth Opportunities Through 2023-2032 – Includes Home Furnishings Stores Market Report

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032


The increased interest in interior design is projected to promote innovation in the manufacture of home furnishings stores, boosting the market during the forecast period.


The global home furnishings stores market is expected to grow from $191.74 billion in 2022 to $203.71 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The global home furnishings stores market size is expected to reach $249.81 billion in 2027 at a CAGR of 5.2%.


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Global Home Furnishings Stores Market Segments Include:

  • By Product Type: Home Furniture, Home Textile, Wall Décor
  • By Price Point: Mass, Premium
  • By Application: E-Commerce Sales, In-store Sales
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global home furnishings stores market in 2021.


Major Market Players in the home furnishings stores market include Ashley furniture industries Ltd., Duresta Upholstery Ltd., Kimball International, Shaw Industries Group Inc., Inter IKEA Group, Mohawk Industries Inc., Manning Mills Inc.


Technological innovation is a major trend that is gaining traction in the home furnishing stores market. To strengthen their market position, major market players are focusing their efforts on developing novel technologies. For example, in June 2022, IKEA, a Swedish home furnishings giant, will introduce IKEA Kreativ, an AI-powered experience that will allow users to create life-like room designs. IKEA Kreativ is a room design programme that uses spatial computing, machine learning, and 3D mixed reality technologies.


The Home Furnishings Stores Global Market Report 2023  provides a home furnishings stores market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The home furnishings stores market forecast analyzes home furnishings stores market size, home furnishings stores market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.


Home furnishings stores are retail establishments that provide domestic equipment made of wood, metal, plastics, marble, glass, textiles, or other related materials for a room, home, or office. These companies are often managed from showrooms, and many offer interior design services in addition to product sales.


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