Home Furnishings in the US
Home furnishings in the US turned to decline in current value terms in 2023, due to a stagnant real estate market and stretched disposable incomes. However, not all companies or categories saw a declining trend. The surge in direct-to-consumer (DTC) furniture brands leveraging digital marketing platforms such as Instagram and TikTok, alongside enhanced customer engagement initiatives such as online consultations, spurred growth in bedroom furniture such as beds and chests of drawers in 2023. Whi...
Euromonitor International's Home Furnishings in USA report offers a comprehensive guide to the size and shape of market demand at a national level. It provides the latest retail sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product developments, consumer lifestyles, route to market and pricing issues. Forecasts to 2028 illustrate how market demand is expected to evolve in the medium-term
Product coverage: Indoor Living, Lighting, Outdoor Living.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Home Furnishings market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
- Home Furnishings in the US
- Euromonitor International
- May 2024
- List Of Contents And Tables
- HOME FURNISHINGS IN THE US
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- DTC contributes to growth for some categories and companies within bedroom furniture
- Ashley’s rebrand includes modernisation along with a budget-friendly strategy
- Demand for sustainability and aesthetics ensures stable growth for storage furniture
- PROSPECTS AND OPPORTUNITIES
- Innovation and convenience expected to drive growth for barbecues
- Demand for sofa beds to return, due to affordability and versatility
- Multi-generational living expected to impact home furnishings
- CATEGORY DATA
- Table 1 Sales of Home Furnishings by Category: Value 2018-2023
- Table 2 Sales of Home Furnishings by Category: % Value Growth 2018-2023
- Table 3 NBO Company Shares of Home Furnishings: % Value 2019-2023
- Table 4 LBN Brand Shares of Home Furnishings: % Value 2020-2023
- Table 5 LBN Brand Shares of Light Sources: % Value 2020-2023
- Table 6 Distribution of Home Furnishings by Format: % Value 2018-2023
- Table 7 Forecast Sales of Home Furnishings by Category: Value 2023-2028
- Table 8 Forecast Sales of Home Furnishings by Category: % Value Growth 2023-2028
- HOME AND GARDEN IN THE US
- EXECUTIVE SUMMARY
- Home and garden in 2023: The big picture
- 2023 key trends
- Competitive landscape
- Retailing developments
- What next for home and garden?
- MARKET DATA
- Table 9 Sales of Home and Garden by Category: Value 2018-2023
- Table 10 Sales of Home and Garden by Category: % Value Growth 2018-2023
- Table 11 NBO Company Shares of Home and Garden: % Value 2019-2023
- Table 12 LBN Brand Shares of Home and Garden: % Value 2020-2023
- Table 13 Penetration of Private Label in Home and Garden by Category: % Value 2018-2023
- Table 14 Distribution of Home and Garden by Format: % Value 2018-2023
- Table 15 Distribution of Home and Garden by Format and Category: % Value 2023
- Table 16 Forecast Sales of Home and Garden by Category: Value 2023-2028
- Table 17 Forecast Sales of Home and Garden by Category: % Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources
Research Assistance
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