Global Home Furniture Market Expected to Deliver Dynamic Progression until 2022|| Global key companies are Ashley Furniture Industries, La-Z-Boy Incorporated, Flexsteel Industries Inc, Inter Ikea Systems B.V., Nitori Co Ltd
Get a free sample copy of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=244
The Global Home Furniture Market is expected to grow from strength to strength from the rising demand for high-quality furnishings to suit different preference and aesthetic value of consumers, world over. The home furniture market is benefitting increasingly from the advent of furniture that promises to enhance the comfort substantially. The overall demand is increasingly fueled by the rise in urbanization, especially in emerging economies. The growing uptake of smart furniture in the hospitality sector to allure customers is a notable factor expanding the home furniture market.
Growing Trend of Smart Furnishing catalyzing Home Furniture Market
Integrating home furniture with technology can be a potentially compelling proposition for manufacturers to meet the demand for smart furniture among residential as well as hospitability buyers. The advent of remote-controlled home furniture is a case in point. There is a growing demand for home furniture integrated with user-friendly electronic technologies that enhance the level of comfort for end users. Apart from this, there is a profuse demand for multi-purpose home furniture, especially among residential buyers. Pieces of multi-purpose furniture such as sofa cum beds, hydraulic beds, foldable tables, and bed with storage are gaining massive popularity among home buyers who want to make optimal use of living spaces. This is a crucial trend among urban buyers, which is expected to fuel the expansion of the home expansion market.
Aesthetics as well as Functionality key Aspects in Deciding Raw Materials and Additives for Making Home Furniture
Over the past few years, focus on aspects such as functionality and durability of products are gaining equal significance as the aesthetics of the pieces in the home furniture market. The growing popularity of home furniture that are made of durable raw materials is catalyzing the expansion of the market. This is evident in the growing adoption of rust-free aluminum and engineered wood coating in making home furniture among manufacturers to meet the need of furniture in garden, patios, terraces, and balcony among hotel and restaurant owners. The useful property of being weather-resistant, these home furniture are expected to witness higher uptake in the hospitality industry in the coming years.
Among the various raw materials for making home furniture, the demand for plastics is anticipated to rise at a prominent pace through 2022. However, home furniture made of wood is expected to collect substantial revenues in the coming years.
Browse here complete details about Report: https://www.factmr.com/report/244/home-furniture-market
About the Report
The report titled “Home Furniture Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022” offers a critical tracking of various elements of key growth dynamics of the home furniture market. The report offers insights into the revenue share and size of various segments in the global home furniture market. The study assesses factors and trends impacting the revenue generating potential of key product types in the home furniture market, including of beds and mattresses, sofas and armchair, entertainment units, storage units, upholstery, table and desks, dining, and kitchen furniture. The analysis also evaluates the prospects of various raw material used in making home furniture such as wood, metal, glass, and plastic. It also highlights lucrative avenues in various distribution channels in the home furniture market such as retail store, direct to consumer, manufacturer stores, e-commerce stores, discount stores, rental stores, club stores, and do-it-yourself (DIY) stores.
Home furniture are essentially movable furnishings that can be used for sitting, resting, sleeping, and eating. Various type of home furniture with varied designs and comfort level are extensively demanded among homes, hotels, and restaurants. Over the past few years, multi-purpose and smart pieces of furniture have gained popularity to meet the rising demand in the home furniture market, in order to meet the criteria of aesthetics and functionality. In recent years, consumers are increasingly demanding home furniture that are integrated with exciting technologies, notably remote-controlled mattresses and furniture.
For any query get connect with an Analyst: https://www.factmr.com/connectus/sample?flag=AE&rep_id=244
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Home Furniture Market Expected to Deliver Dynamic Progression until 2022|| Global key companies are Ashley Furniture Industries, La-Z-Boy Incorporated, Flexsteel Industries Inc, Inter Ikea Systems B.V., Nitori Co Ltd here
News-ID: 1431211 • Views: 247
More Releases from Fact.MR
Global Data Annotation Tool Market to Grow 7X by 2030
Integration of artificial intelligence with various industries such as automotive, retail, healthcare, and financial services is helping generate voluminous data. It is crucial for organizations to collect, and catalogue this data with the help of data annotation tools. Data once annotated is then utilized to train artificial intelligence programs. These programs are then consumerized and they further generate data starting the entire cycle again. For detailed insights on enhancing your
Demand for Hand Sanitizer Market to Surpass US$ 2.8 Bn by 2030
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online
Sales of Disinfectant Spray Market to Grow at a CAGR of 14% Through 2030
Surge in demand for disinfectant and hygiene products owing to COVID-19 epidemic is expected boost disinfectant spray sales. The market is pegged to surpass US$ 850 Mn by 2020 and is expected to grow 1.3x over the year. The global disinfectant spray market has gained momentum in the historical period owing to enhanced healthcare facilities and an increasing number of household buyers. For detailed insights on enhancing your product footprint,
Demand for IP Geo-Location Market to Grow at a CAGR of 10.6% Through 2030
Owing to its modest growth in the past and the introduction of IPv6 numbering IP allocation system, IP geo-location service market is anticipated to grow 3.0X through 2030. Furthermore, broadband penetration with FTTH initiatives by regional and global governmental bodies is also giving an uptick to its demand. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4703&utm_source=openpr&utm_medium=Prasad Emergence of digital marketing and its applications such as
More Releases for Furniture
Bedroom Furniture Market Key Player Information are - Vaughan-Bassett Furniture …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry executives
Bedroom Furniture Market 2019 By Vaughan-Bassett Furniture Company, Century Furn …
Global Bedroom Furniture Market 2019-2024: According to the Global Bedroom Furniture Market report, the market is expected to reach the value of $XX million at the end of the forecast period of 2019 – 2024, showing good progress, rising at a CAGR of XX%. The global Bedroom Furniture Market report covers a detailed analysis of the Bedroom Furniture Market including the various parameters on which the Bedroom Furniture Market is analyzed
Bedroom Furniture Market Key Player Information are - Vaughan-Bassett Furniture …
Worldwide Market Reports recently released “ Global Bedroom Furniture Market Research Report 2017” that centers around the latest developing trends and technologies in the Global Bedroom Furniture Market having Five Years of forecast period from 2017 to 2022 and considering Market status study from 2017 to 2022. During the research, noteworthy data was collected in order to shape the research document and make it a valuable resource for managers, industry
The English word “furniture” is derived from a French word “fourniture”, which means to supply or provide.Furniture is a product of design and is also considered as a form of decorative art.The term refers to movable objects that are deliberately used to support different human activities such as seating (for example, chairs, stools, tables, and sofas) and sleeping (for example, beds). It is also used to hold objects at an
Contemporary furniture by TOSH Furniture
Los Angeles, CA, July 25, 2011 - Furnishing a house is considered to be a very integral part of decorating any type of house and thus, it has evolved into the modern trend setting factor in the contemporary market. TOSH furniture has emerged as a major provider of modern furniture and now they are supposedly one of the leading furniture providing companies. The company has recently launched a latest range
Modern patio furniture by TOSH Furniture
Los Angeles, CA, July 16, 2011 - The latest trend in the market in case of furniture is the modern patio furniture. Most of the companies are getting into this business and are designing various kinds of patio furniture in order to attract more and more customers. The customers are no longer happy with the same old wooden furniture and as a result, they are turning their attention to the