Global Home Furnishings And Floor Coverings Market Trends And Strategies Of Major Players In The Home Furnishings And Floor Coverings Market 2021-2030
23 Apr, 2021
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.
Global Home Furnishings And Floor Coverings Market Size And Drivers:
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 market is expected to reach $131.6 billion in 2025 at a CAGR of 6%.
Increasing demand for online shopping is expected to help the home furnishing and floor coverings market grow.
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TrendsTrends In The Global Home Furnishings And Floor Coverings Market
Home furnishings and floor covering manufacturers are adopting digital printing technology to cut down on operational expenditures. This technology lowers sampling process time and water consumption. It is also considered to be eco-friendly alternative to traditional home furnishings and floor coverings.
Global Home Furnishings And Floor Coverings Market Segments:
The global home furnishings and floor coverings market is further segmented based on type, application and geography.
By Type: Home Furnishings, Floor Coverings.
By Application: Household, Commercial.
Subsegments Covered: Curtains, Bed Spreads, Towels-Home Furnishings, Other Home Furnishings, Carpets And Rugs, Mats.
By Geography: The global home furnishings and floor coverings market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global home furnishings and floor coverings market, accounting for 32% of the total market.
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https://www.thebusinessresearchcompany.com/report/home-furnishings-and-floor-coverings-global-market-report-2020-30-covid-19-impact-and-recoveryHome Furnishings And Floor Coverings Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides home furnishings and floor coverings market overviews, analyzes and forecasts market size and growth for the global home furnishings and floor coverings market, home furnishings and floor coverings market share, home furnishings and floor coverings market players, home furnishings and floor coverings market segments and geographies, home furnishings and floor coverings market’s leading competitors’ revenues, profiles and market shares. The home furnishings and floor coverings market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.