The home furnishings and floor coverings manufacturing market comprises all firms engaged in the wholesale distribution of home furnishings and housewares, such as glassware and earthenware, curtains and draperies, linens and towels, antiques, lamps (including electric), carpets, and other forms of soft and hard surface floor coverings.
The top five companies covered are IKEA AB, Ashley Furniture Industries, Inc., Shaw Industries, Mohawk Industries and Milliken & Co. IKEA was the largest company in the home furnishings and floor coverings manufacturing market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global home furnishings and floor coverings manufacturing market was valued at above $194 billion in 2017. Asia Pacific was the largest region in the home furnishings and floor coverings manufacturing market in 2017, accounting for above 57% market share. China was the largest country in the market in 2017, accounting for above 25% market share.
Home furnishing companies are delivering home furnishings and floor covering products directly to customers. This business model excludes middlemen from the supply chain and allows home furnishings and floor covering companies to offer their products to customers at more affordable prices. Some of the companies also started working directly with manufacturers to deliver the furnishings directly to customers, thereby bringing down prices.
The home furnishings and floor coverings manufacturing market is segmented into Home Furnishings and Others, and Floor Coverings.
Home Furnishings and Others segment comprises companies engaged in production and wholesale distribution of home furnishings including bedspreads, blankets, curtains, draperies, glassware and kitchen tools and utensils.
Floor Coverings segment includes companies engaged in producing all forms of soft and hard surface floor coverings including rugs and sheets.