The Home Furnishings And Floor Coverings Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Home Furnishings And Floor Coverings Market?
The historical growth trend in the Home Furnishings and Floor Coverings Global Market Report 2025 indicates that the market size has seen significant expansion in recent years. Leaving 2024 with a value of $126.31 billion, the market is expected to reach $135.95 billion in 2025 witnessed a Compound Annual Growth Rate (CAGR) of 7.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Home Furnishings And Floor Coverings Industry?
The Home Furnishings And Floor Coverings Global Market is projected to reach a size of $177.33 billion in 2029, expanding at a compound annual growth rate (CAGR) of 6.9%.
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What are the Key Growth Drivers Fueling the Home Furnishings And Floor Coverings Market?
The key drivers in the home furnishings and floor coverings market are:
• Increasing shift towards e-commerce and digitalization
• Rise in smart home integration within the sector
• Growing consumer focus on health and wellness
• Influence and inspiration from hospitality and commercial spaces designs
Global Market Segmentation: Identifying Major Home Furnishings And Floor Coverings Industry Segments
The home furnishings and floor coverings market covered in this report is segmented –
1) By Type: Home Furnishings, Floor Coverings
2) By Price Point: Mass, Premium
3) By Distribution Channel: Super markets and Hyper markets, Specialty Stores, E-commerce, Other Distribution Channels
4) By Application: Household, Commercial
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What are the Emerging Trends Shaping the Future of the Home Furnishings And Floor Coverings Market?
The key trends in the home furnishings and floor coverings market are:
• E-commerce and digitalization is greatly impacting the future of the market.
• Smart home integration is an emerging trend in this market.
• There is a significant trend towards health and wellness within the home furnishing and floor covering industry.
• Influences from hospitality and commercial spaces are becoming increasingly prevalent.
Who Are the Top Competitors & Leading Players in the Home Furnishings And Floor Coverings Market?
Major companies in the home furnishings and floor coverings market are:
• Mohawk Industries Inc.
• Ashley Furniture Industries Inc.
• Berkshire Hathaway Inc.
• Tarkett SA
• Masco Corporation
• Beaulieu International Group
• Gerflor SAS
• Interfaceflor LLC
• TOLI Corporation
• Balta Group NV
• MillerKnoll Inc.
• Steelcase Inc.
• La-Z-Boy Inc.
• Leggett & Platt Incorporated
• Tempur Sealy International Inc.
• Ethan Allen Interiors Inc.
• HNI Corporation
• Shaw Industries Group Inc.
• Newell Brands Inc.
• LG Electronics Inc.
• Samsung Electronics Co. Ltd.
• Panasonic Corporation
• Electrolux AB
• Miele & Cie KG
• Dyson Ltd.
• iRobot Corporation
• Hunter Fan Company
• Casper Sleep Inc.
• Purple Innovation Inc.
• Tuft & Needle LLC
• Saatva Inc.
• Amerisleep LLC
• Leesa Sleep LLC
• Avocado Green Brands.
Regional Dominance: Which Area Leads the Global Home Furnishings And Floor Coverings Market?
Asia-Pacific was the largest region in the home furnishings and floor coverings market in 2023
