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Furniture And Home Furnishings Stores Global Market Report 2021 - By Type (Furniture Stores, Home Furnishings Stores), By Ownership (Retail Chain, Independent Retailer), By Type Of Store (Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store), COVID-19 Impact And Recovery

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 that sell furniture and home furnishings and appliances to ultimate users from fixed point-of-sale locations.

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 are aided by companies rearranging their operations and recovering from the COVID-19 impact. However, some furniture and home furnishings stores market restraints include the outbreak of the coronavirus disease (COVID-19) as governments globally imposed lockdowns and restricted trade, thereby limiting the need for professional services.

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

The furniture and home furnishings stores market forecast are expected to reach $481.11 billion in 2025 at a compound annual growth rate of 4%.

How is the furniture and home furnishings stores market segmented?

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

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?

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

Top competitors in the furniture and home furnishings stores market are Ashley Furniture Industries; Heritage Home Group; Herman Miller; Inter IKEA Systems; Steelcase.

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

Major trends influencing the furniture and home furnishings stores market include increasing use of augmented reality (AR) and virtual reality (VR) to empower the customer experience by letting them connect to the product with interactive and personalized options.

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

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

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