Global Home Furniture Market In US 2024-2028
The home furniture market in us is forecasted to grow by USD 11.7 bn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the home furniture market in us 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 improving residential construction market, increased awareness of home decor and attractive furnishings, and increasing online sales.
Technavio's home furniture market in us is segmented as below:
By Product
- Living room furniture
- Bedroom furniture
- Storage furniture
- Others
By Distribution Channel
- Brick and mortar
- Online mode
By Geographical Landscape
This study identifies the surging demand for eco-friendly furniture as one of the prime reasons driving the home furniture market in us growth during the next few years. Also, growing importance of innovative customized furniture and focus on sustainable operations and offerings will lead to sizable demand in the market.
The report on the home furniture market in us covers the following areas:
- Home furniture market in us sizing
- Home furniture market in us forecast
- Home furniture market in us industry analysis
The 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 in us vendors that include American Furniture Manufacturing Inc., Ashley Global Retail LLC, Bassett Furniture Industries Inc., Berkshire Hathaway Inc., Crate and Barrel, Dorel Industries Inc., Ethan Allen Interiors Inc., Godrej Interio, Inter IKEA Holding B.V., Klaussner Home Furnishings, LaZBoy Inc., Penney OpCo LLC, Pier 1 Imports Online Inc., Raymour and Flanigan Furniture and Mattresses, Restoration Hardware Inc., Roomstogo.com Inc., Sauder Woodworking Co., Sleep Number Corp., Wayfair Inc., and Williams Sonoma Inc.. Also, the home furniture market in us 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.
The publisher presents a detailed picture of the market by the 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. The 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.