How Will Furniture And Home Furnishings Stores Market Grow Through 2023-2032?
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 Business Research Company’s Furniture And Home Furnishings Stores Global Market Report 2023 offers crucial insights into the furniture and Home furnishings stores market help businesses analyse and build stronger strategies.
Five Key insights from the forecast include:
- Market Size– The furniture and home furnishings market is projected to increase from $438.79 billion in 2022 to $471 billion in 2023, with a 7.3% annual growth rate. Anticipated growth is a 6.3% CAGR, reaching $602.42 billion by 2027.
Furniture and home furnishings stores implement a strong, unified data analytics strategy for management.
- Key Trend– Augmented reality (AR) and virtual reality (VR) enhance customer experiences through interactive, personalized product engagement. AR integrates digital data in real-time with the user’s surroundings, while VR offers a 3D computer-generated environment for exploration and interaction.
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- Largest Region– North America was the largest region in the furniture and home furnishings stores market in 2022.
- Major Players– Major players in the furniture and Home furnishings stores market are Inter Ikea Holding B.V., The Home Depot, Bed Bath & Beyond, Nitori Holdings Co. Ltd., Williams-Sonoma Inc., Steinhoff International Holdings N.V.
- Top Market Segments–
- By Type:Furniture Stores, Home Furnishings Stores
- By Ownership:Retail Chain, Independent Retailer
- By Type of Store:Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store
- 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 furniture and Home furnishings stores market in 2021.
Read The Full Furniture And Home Furnishings Stores Market Report Here:
The Furniture And Home Furnishings Stores Global Market Report 2023 provides a comprehensive outlook of the furniture and Home furnishings stores market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The furniture and Home furnishings stores market forecast offers a thorough analysis on furniture and Home furnishings stores market size, furniture and Home furnishings stores market share, prominent players and their strategies.
Furniture and home furnishing stores sell items to end-users at physical retail locations, often featuring spacious showrooms for product displays.
The Table Of Content For The Furniture And Home Furnishings Stores Market Include:
1. Furniture And Home Furnishings Stores Market Executive Summary
2. Furniture And Home Furnishings Stores Market Segments
3. Furniture And Home Furnishings Stores Market Size And Furniture And Home Furnishings Stores Market Growth Rate
4. Key Furniture And Home Furnishings Stores Market Trends
5. Major Furniture And Home Furnishings Stores Market Drivers
……
25. Key Mergers And Acquisitions In The Furniture And Home Furnishings Stores Market
26. Top Furniture And Home Furnishings Stores Companies
27. Furniture And Home Furnishings Stores Market Opportunities And Strategies
28. Furniture And Home Furnishings Stores Market, Conclusions And Recommendations
29. Appendix
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