Online Home Furnishing Sales in the US - Industry Market Research Report

Online Home Furnishing Sales in the US - Industry Market Research Report

  • March 2020 •
  • 36 pages •
  • Report ID: 5104005 •
  • Format: PDF
Shop around: The convenience of online shopping will drive industry demand

Abstract

Online Home Furnishing Sales
Over the past decade, the Online Home Furnishing Sales industry has grown at a staggering rate. Per capita disposable income is expected to continue increasing amid declining unemployment and an improving economy, enabling consumers to increase their spending on discretionary items. Furthermore, as the number of broadband internet connections continue to rise in conjunction with a decrease in leisure time, the overall convenience and efficiency of online shopping is expected to lure more consumers to choose online retailers over brick-and-mortar locations. Over the next five years, continued economic growth and an increase in consumer spending is expected to drive the industry. As a result of these trends, industry revenue is forecast to rise over the five years to 2023.

This industry retails a range of home furnishing goods, such as curtains, draperies, blinds, shades and decorative accessories, via the internet. Merchandise is purchased from domestic, or in some cases international, manufacturers and wholesalers and is then sold to the public online.

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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