FAQs

Furniture And Home Furnishings Stores Global Market Report 2022 – By Type (Furniture Stores, Home Furnishings Stores), By Ownership (Retail Chain, Independent Retailer), By Type of Store (Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store) – Market Size, Trends, And Global Forecast 2022-2026

What is the definition of the furniture and home furnishings stores market?

The furniture and home furnishings stores market consists of sales of furniture and home furnishings by entities (organizations, sole traders, and partnerships) that sell furniture and home furnishings and appliances to ultimate users from fixed point-of-sale locations. The businesses in the industry operate from showrooms with substantial areas for the presentation of their products.

How will the furniture and home furnishings stores market drivers and restraints affect furniture and home furnishings stores market dynamics? What forces will shape the furniture and home furnishings stores industry going forward?

The furniture and home furnishings stores market growth is aided by the rapid growth in retail data and the availability of technologies to analyze data. However, some furniture and home furnishings stores market restraints include the outbreak of Coronavirus disease (COVID-19).

What is the forecast market size of the furniture and home furnishings stores market?

The furniture and home furnishings stores market is expected to reach $626.20 billion in 2026 at a rate of 9.3%.

How is the furniture and home furnishings stores segmented?

The global furniture and home furnishings stores market is segmented -
1) By Type: Furniture Stores, Home Furnishings Stores 2) By Ownership: Retail Chains, Independent Retailers 3) By Type of Store: Exclusive Retailers/Showrooms, Inclusive Retailers/Dealer Stores

Which region has largest share, and what is the market size and growth by geography according to the furniture and home furnishings stores global market report?

For more detail on this, request a sample here.

Who are the key players of the furniture and home furnishings stores market?

Top competitors 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., Berkshire Hathaway Inc., Rooms To Go Incorporated, Office Depot, and RH.

What are the key trends in the furniture and home furnishings stores market?

Major trends influencing the furniture and home furnishings stores market include the rising use of Augmented Reality (AR) and Virtual Reality (VR) to improve the customer experience by letting them connect to the product with interactive and personalized options. While AR is a real-time integration of digital information with the user's environment, VR is a three-dimensional, computer-generated environment that can be explored and interacted with. This allows the customers to understand the experience of owning a product. Furniture and home furnishings companies should consider using virtual reality technology to enhance customer experience.

What are the major opportunities in the furniture and home furnishings stores market and the approaches companies can take to take advantage of them?

For detail on the future and current opportunities in the global furniture and home furnishings stores market, request a sample here. request a sample here

How does the furniture and home furnishings stores market relate to the overall economy and other similar markets?

For this and further detailed insights on the market, request a sample here.