Home Furnishings Stores in the US - Industry Market Research Report

Home Furnishings Stores in the US - Industry Market Research Report

  • April 2021 •
  • 41 pages •
  • Report ID: 198467 •
  • Format: PDF
New furniture: Despite anticipated competition, improving economic conditions will likely drive the industry’s recovery

Abstract

Home Furnishings Stores in the US
Operators in the Home Furnishings Stores industry sell various home furnishing products, ranging from drapes and blankets to cookware and appliances. Over the five years to 2019, industry revenue is expected to rise as increasing disposable income and the strengthening housing market encourage consumers to release pent-up demand for new home furnishing products. Over the five years to 2024, while competition is expected to intensify, improving economic conditions such as rising consumer spending, disposable income and homeownership levels are anticipated to drive industry growth.

Operators in this industry retail a range of home furnishing goods, including curtains, draperies, blinds, shades, kitchenware, outdoor furniture, home and personal care appliances, floor coverings and decorative accessories. Merchandise is purchased from manufacturers and wholesalers and then sold to the public. Retailers that operate primarily as furniture stores, flooring stores or electronic shopping and mail-order houses are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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