The home furnishings and floor coverings market consists of sales of home furnishings and floor covering products by entities (organizations, sole traders and partnerships) that produce home furnishings, such as curtains and draperies, and soft and hard surface floor coverings.The home furnishings and floor coverings market is segmented into home furnishings and floor furnishings.
The global home furnishings and floor coverings market is expected to grow from $98.8 billion in 2020 to $104.7 billion in 2021 at a compound annual growth rate (CAGR) of 7%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.The market is expected to reach $131.6 billion in 2025 at a CAGR of 6%.
