Press release
Furniture And Home Furnishings Stores Market Size, Status and Business Growth 2021 to 2030
Global Furniture And Home Furnishings Stores Market Size and Forecast to 2021 – 2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Furniture And Home Furnishings Stores data that enhances the understanding, scope, and application of this report.The study includes market share analysis and profiles of players such as Ashley Furniture Industries; Heritage Home Group; Herman Miller; Inter IKEA Systems; Steelcase.
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https://www.marketinsightsreports.com/reports/02082594089/furniture-and-home-furnishings-stores-global-market-report-2021-covid-19-impact-and-recovery-to-2030-including-1-by-type-furniture-stores-home-furnishings-stores-2-by-ownership-retail-chain-independent-retailer-3-by-type-of-store-exclusive-retailers-showroom-inclusive-retailers-dealer-store-covering-ashley-furniture-industries-heritage-home-group-herman-miller-inter-ikea-systems-steelcase/inquiry?Mode=A28
The global furniture and home furnishings stores market is expected to grow from $372.83 billion in 2020 to $404.7 billion in 2021 at a compound annual growth rate (CAGR) of 8.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $481.11 billion in 2025 at a CAGR of 4%.
Market Overview:
North America was the largest region in the global furniture and home furnishings stores market, accounting for 34% of the market in 2020. Asia Pacific was the second largest region accounting for 34% of the global furniture and home furnishings stores market. Africa was the smallest region in the global furniture and home furnishings stores market.
Augmented reality (AR) and virtual reality (VR) empower the customer experience by letting them connect to the product with interactive and personalized options. While AR is a real-time integration of digital information with the user's environment, VR is a three-dimensional, computer generated environment that can be explored and interacted with. This allows the customers to understand the experience of owning a product. Furniture and home furnishings companies should consider using virtual reality technology to enhance customer experience. IKEA, a Swedish multinational company, has launched an AR catalog application which allows customers to see how certain items of furniture would look in your home. Consumers can virtually visualize how these pieces will look and fit in their home according to the product’s dimensions. Indian players such as Pepper fry have also started using AR technology to show users how certain products will look in their home through their mobile application.
Market Scope:
1) By Type: Furniture Stores; Home Furnishings Stores
2) By Ownership: Retail Chain; Independent Retailer
3) By Type of Store: Exclusive Retailers/Showroom; Inclusive Retailers/Dealer Store
Browse the report description and TOC:
https://www.marketinsightsreports.com/reports/02082594089/furniture-and-home-furnishings-stores-global-market-report-2021-covid-19-impact-and-recovery-to-2030-including-1-by-type-furniture-stores-home-furnishings-stores-2-by-ownership-retail-chain-independent-retailer-3-by-type-of-store-exclusive-retailers-showroom-inclusive-retailers-dealer-store-covering-ashley-furniture-industries-heritage-home-group-herman-miller-inter-ikea-systems-steelcase?Mode=A28
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Organic Soft Drinks market.
Region Coverage: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Countries Coverage: Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
The study objectives of this report are:
To study and analyze the global Furniture And Home Furnishings Stores size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2025, and forecast to 2030.
To understand the structure of Furniture And Home Furnishings Stores by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Furniture And Home Furnishings Stores manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Furniture And Home Furnishings Stores with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Furniture And Home Furnishings Stores submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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