Global Home Furniture Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	157 Pages	TechNavio	January, 2023	INF17637538

Best Price Guarantee
Price	from $2,500
Length	157 Pages
Publisher	TechNavio
Published Date	January, 2023
SKU	INF17637538

Global Home Furniture Market 2023-2027

Technavio has been monitoring the home furniture market and is forecast to grow by $105.01 bn during 2022-2027, accelerating at a CAGR of 5.34% during the forecast period. Our report on the home furniture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing online sales, increased awareness of home decor and attractive furnishings, and the growing residential construction market.

Technavio's home furniture market is segmented as below:

By Distribution Channel

Offline
Online

By Product

Living room furniture
Bedroom furniture
Storage furniture
Others

By Geography

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the growing importance of innovative customized furniture as one of the prime reasons driving the home furniture market growth during the next few years. Also, increasing product launches and surging demand for eco-friendly furniture will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the home furniture market covers the following areas:

Home furniture market sizing
Home furniture market forecast
Home furniture market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home furniture market vendors that include Ashcomm LLC, Bernhardt Furniture Co., Dare Studio Ltd., Ethan Allen Interiors Inc., Flexsteel Industries Inc., Global Furniture USA Inc., Godrej Interio, Inter IKEA Systems B.V., Kimball International Inc., LaZBoy Inc., MasterBrand Cabinets Inc., MillerKnoll Inc., NITORI Holdings Co. Ltd., ROCHE BOBOIS SA, Roomstogo.com Inc., Stanley Lifestyles Ltd., Steelcase Inc., Steinhoff International Holdings NV, Wayfair Inc., and Williams Sonoma Inc. Also, the home furniture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Global Market Characteristics
  - Table Executive Summary - Chart on Market by Geography
  - Table Executive Summary - Chart on Market Segmentation by Distribution Channel
  - Table Executive Summary - Chart on Market Segmentation by Product
  - Table Executive Summary - Chart on Incremental Growth
  - Table Executive Summary - Data Table on Incremental Growth
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global home furniture market 2017 - 2021
  - Table Historic Market Size - Data Table on Global home furniture market 2017 - 2021 ($ billion)
- Distribution channel Segment Analysis 2017 - 2021
  - Table Historic Market Size - Distribution channel Segment 2017 - 2021 ($ billion)
- Product Segment Analysis 2017 - 2021
  - Table Historic Market Size - Product Segment 2017 - 2021 ($ billion)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size - Country Segment 2017 - 2021 ($ billion)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Distribution Channel
- Market segments
  - Table Chart on Distribution Channel - Market share 2022-2027 (%)
  - Table Data Table on Distribution Channel - Market share 2022-2027 (%)
- Comparison by Distribution Channel
  - Table Chart on Comparison by Distribution Channel
  - Table Data Table on Comparison by Distribution Channel
- Offline - Market size and forecast 2022-2027
  - Table Chart on Offline - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Offline - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Offline - Year-over-year growth 2022-2027 (%)
- Online - Market size and forecast 2022-2027
  - Table Chart on Online - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Online - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Online - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Online - Year-over-year growth 2022-2027 (%)
- Market opportunity by Distribution Channel
  - Table Market opportunity by Distribution Channel ($ billion)
Market Segmentation by Product
- Market segments
  - Table Chart on Product - Market share 2022-2027 (%)
  - Table Data Table on Product - Market share 2022-2027 (%)
- Comparison by Product
  - Table Chart on Comparison by Product
  - Table Data Table on Comparison by Product
- Living room furniture - Market size and forecast 2022- 2027
  - Table Chart on Living room furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Living room furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Living room furniture - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Living room furniture - Year-over-year growth 2022-2027 (%)
- Bedroom furniture - Market size and forecast 2022-2027
  - Table Chart on Bedroom furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Bedroom furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Bedroom furniture - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Bedroom furniture - Year-over-year growth 2022-2027 (%)
- Storage furniture - Market size and forecast 2022-2027
  - Table Chart on Storage furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Storage furniture - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Storage furniture - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Storage furniture - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Product
  - Table Market opportunity by Product ($ billion)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- Canada - Market size and forecast 2022-2027
  - Table Chart on Canada - Market size and forecast 2022-2027 ($ billion)
  - Table Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
  - Table Chart on Canada - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Canada - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ billion)
Drivers, Challenges, and Trends
- Market drivers
  - Increasing online sales
  - Increased awareness of home decor and attractive furnishings
- Market challenges
  - Fluctuating labor costs and raw material prices
  - Long product replacement cycle
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Growing importance of innovative customized furniture
  - Increasing product launches
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Ashcomm LLC
  - Table Ashcomm LLC - Overview
  - Table Ashcomm LLC - Product / Service
  - Table Ashcomm LLC - Key offerings
- Bernhardt Furniture Co.
  - Table Bernhardt Furniture Co. - Overview
  - Table Bernhardt Furniture Co. - Product / Service
  - Table Bernhardt Furniture Co. - Key offerings
- Dare Studio Ltd.
  - Table Dare Studio Ltd. - Overview
  - Table Dare Studio Ltd. - Product / Service
  - Table Dare Studio Ltd. - Key offerings
- Ethan Allen Interiors Inc.
  - Table Ethan Allen Interiors Inc. - Overview
  - Table Ethan Allen Interiors Inc. - Business segments
  - Table Ethan Allen Interiors Inc. - Key offerings
  - Table Ethan Allen Interiors Inc. - Segment focus
- Flexsteel Industries Inc.
  - Table Flexsteel Industries Inc. - Overview
  - Table Flexsteel Industries Inc. - Business segments
  - Table Flexsteel Industries Inc. - Key offerings
  - Table Flexsteel Industries Inc. - Segment focus
- Godrej Interio
  - Table Godrej Interio - Overview
  - Table Godrej Interio - Product / Service
  - Table Godrej Interio - Key offerings
- Inter IKEA Systems B.V.
  - Table Inter IKEA Systems B.V. - Overview
  - Table Inter IKEA Systems B.V. - Product / Service
  - Table Inter IKEA Systems B.V. - Key offerings
- Kimball International Inc.
  - Table Kimball International Inc. - Overview
  - Table Kimball International Inc. - Product / Service
  - Table Kimball International Inc. - Key offerings
- LaZBoy Inc.
  - Table LaZBoy Inc. - Overview
  - Table LaZBoy Inc. - Business segments
  - Table LaZBoy Inc. - Key offerings
  - Table LaZBoy Inc. - Segment focus
- MasterBrand Cabinets Inc.
  - Table MasterBrand Cabinets Inc. - Overview
  - Table MasterBrand Cabinets Inc. - Product / Service
  - Table MasterBrand Cabinets Inc. - Key offerings
- MillerKnoll Inc.
  - Table MillerKnoll Inc. - Overview
  - Table MillerKnoll Inc. - Business segments
  - Table MillerKnoll Inc. - Key offerings
  - Table MillerKnoll Inc. - Segment focus
- Roomstogo.com Inc.
  - Table Roomstogo.com Inc. - Overview
  - Table Roomstogo.com Inc. - Product / Service
  - Table Roomstogo.com Inc. - Key offerings
- Steinhoff International Holdings NV
  - Table Steinhoff International Holdings NV - Overview
  - Table Steinhoff International Holdings NV - Business segments
  - Table Steinhoff International Holdings NV - Key offerings
  - Table Steinhoff International Holdings NV - Segment focus
- Wayfair Inc.
  - Table Wayfair Inc. - Overview
  - Table Wayfair Inc. - Business segments
  - Table Wayfair Inc. - Key news
  - Table Wayfair Inc. - Key offerings
  - Table Wayfair Inc. - Segment focus
- Williams Sonoma Inc.
  - Table Williams Sonoma Inc. - Overview
  - Table Williams Sonoma Inc. - Product / Service
  - Table Williams Sonoma Inc. - Key news
  - Table Williams Sonoma Inc. - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations