Press release
Home Furnishings And Floor Coverings Market Size And Regional Outlook 2020-2030 | COVID 19 Impact Analysis With Top Players IKEA AB; Ashley Furniture Industries Inc; Shaw Industries; Mohawk Industries; Milliken & Co
Home Furnishings And Floor Coverings Market
The global home furnishings and floor coverings market is expected to decline from $106.8 billion in 2019 to $104.1 billion in 2020 at a compound annual growth rate (CAGR) of -2.7%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $125.4 billion in 2023.
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The home furnishings and floor coverings market comprises all firms engaged in the produce of home furnishings, such as curtains and draperies, and soft and hard surface floor coverings.
Home furnishings and floor covering manufacturers are adopting digital printing technology to cut down on operational expenditures. This technology lowers sampling process time, water consumption and also increase product offerings. It is also considered to be eco-friendly alternative to traditional home furnishings and floor coverings. Some of the companies offering digital printing technologies include Epson, Bordeaux Digital PrintInk and Fratelli Robustelli S.r.l.
Home Furnishings And Floor Coverings Market Segmentation: -
By Type
Home Furnishings
Floor Coverings
By Application
Household
Commercial
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Home Furnishings And Floor Coverings Market Characteristics
4. Home Furnishings And Floor Coverings Market Product Analysis
5. Home Furnishings And Floor Coverings Market Supply Chain
.
.
.
21. Key Mergers And Acquisitions In The Home Furnishings And Floor Coverings Market
22. Market Background: Textile Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the Home Furnishings And Floor Coverings Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the Home Furnishings And Floor Coverings Market are IKEA AB; Ashley Furniture Industries Inc; Shaw Industries; Mohawk Industries; Milliken & Co
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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