Press release
Furniture And Home Furnishings Stores Market 2020-2030 Trends And Strategies Analysis Report by TBRC | Covid 19 Impact And Recovery
The Business Research Company offers "Furniture And Home Furnishings Stores Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global furniture and home furnishings stores market is expected to decline from $408.3 billion in 2019 to $402.2 billion in 2020 at a compound annual growth rate (CAGR) of -1.6%. 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 5% from 2021 and reach $459.4 billion in 2023.
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The furniture and home furnishings stores market consists of sales of furniture and home furnishings by entities (organizations, sole traders and partnerships) that sell furniture and home furnishings and appliances to ultimate users from fixed point-of-sale locations. The businesses in the industry operate from showrooms with substantial areas for the presentation of their products.
In 2014, many e-commerce retailers started offline stores. Birchbox, an e-commerce store opened its first physical store in Soho, New York and companies like Bonobos and Warby Parker doubled the number of their brick and mortar stores in 2014. E-commerce retailers setting up offline stores are good news for brick and mortar concept because it validates the need for physical stores.
Furniture And Home Furnishings Stores Market Segmentation: -
By Type
Furniture Stores
Home Furnishings Stores
By Ownership
Retail Chain
Independent Retailer
By Type of Store
Exclusive Retailers/Showroom
Inclusive Retailers/Dealer Store
Browse Complete Report @ https://www.thebusinessresearchcompany.com/report/furniture-and-home-furnishings-stores-global-market-report-2020-30-covid-19-impact-and-recovery
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Furniture And Home Furnishings Stores Market Characteristics
4. Furniture And Home Furnishings Stores Market Product Analysis
5. Furniture And Home Furnishings Stores Market Supply Chain
.
.
.
20. Key Mergers And Acquisitions In TheFurniture And Home Furnishings Stores Market
21. Market Background: Retail Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the Furniture And Home Furnishings Stores 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 Furniture And Home Furnishings Stores Market are Ashley Furniture Industries, Heritage Home Group, Herman Miller, Inter IKEA Systems, Steelcase
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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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