Press release
Sales Forecast of Home Furniture Market , Analysis, and Forecast Report till 2031
Home Furniture Market
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Key Segments Covered
Product Type
Beds and Mattresses
Sofas and Armchairs
Entertainment Units
Storage Units
Upholstery
Tables and Desks
Dining Home Furniture
Kitchen Home Furniture
Others
Material Type
Wooden Home Furniture
Metal Home Furniture
Glass Home Furniture
Plastic Home Furniture
Others
Sales Channel
Home Furniture Sold at Retail Stores
Home Furniture Sold Direct to Consumers
Home Furniture Sold at Manufacturer Stores
Home Furniture Sold through e-Commerce Stores
Home Furniture Sold at Discount stores
Home Furniture Sold at Rental Stores
Home Furniture Sold at Club Stores
Home Furniture Sold at DIY Stores
The Market insights of Home Furniture will improve the revenue impact of businesses in various industries by:
• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Home Furniture Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Home Furniture market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Home Furniture market .
The latest industry analysis and survey on Home Furniture provides sales outlook in 20+ countries, across key categories. Insights and outlook on Home Furniture market drivers, trends, and influencing factors are also included in the study.
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This report gives you access to decisive data such as:
• Demand of Home Furniture Market & Growth drivers
• Factors limiting Home Furniture market growth
• Current key trends of Home Furniture Market
• Market Size of Home Furniture and Home Furniture Sales projections for the coming years
Competitive Landscape
Prominent home furniture manufacturers are reliant on capacity expansion initiatives, enabling them to serve a broader customer base and enhancing manufacturing capabilities to increase output. Notable developments are as follows:
Ashley Furniture Industries announced plans to initiate a new manufacturing facility in Pottsville, Pennsylvania, in March 2021. The new 100,000 square feet facility will serve as a furniture production site. This latest addition augments its already existing network of 11 production facilities servicing the U.S
Likewise, in July 2021, La-Z-Boy Incorporated announced an investment of over US$ 30 million over a 2-year period in its Neosho, Missouri manufacturing facility, helping scale up production efficiency and shorten lead times for customers and consumers, as well as strengthening their manufacturing footprint
In August 2021, Flexsteel Industries Inc. announced the opening of a 4th manufacturing facility in Mexico, in Mexicali, which is expected to be the largest plant in the whole country. With this initiation, the company intends to double its volume output to US$ 1 billion over the next 5 years
The Demand of Home Furniture Market study includes the current market scenario on the global platform and also Sales of Home Furniture Market development during the forecast period.
To get all-in insights on the regional landscape of the Home Furniture Market, buy now:-https://www.factmr.com/checkout/244
Key Takeaways from the Market Study
Beds and mattresses to experience maximum sales, reaching US$ 43 Bn by 2031
Demand for wooden home furniture to accelerate fastest, registering a CAGR of 6%
Retail home furniture sales to reach a valuation worth US$ 25 Bn by 2031-end
U.S to be an opportunistic market, expected to capture 1/4th of global home furniture revenue
China to be the largest home furniture market, accounting for 60% of total sales
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List of the Leading Companies Profiled in the Home Furniture Market are:
To provide decision-makers with credible insights on their competitive landscape, the Home Furniture Market industry research report includes detailed competitive landscape analysis.
The competitive landscape analysis for Home Furniture Market includes detailed profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of Home Furniture manufacturers is provided so business leaders can understand the market scenario.
An assessment on the winning strategies of key Home Furniture Market manufacturers is provided, with recommendation on what works well in Home Furniture Market landscape.
Browse More Reports by Fact.MR : -https://www.einpresswire.com/article/557142137/high-efficiency-particulate-air-hepa-filtration-air-purifiers-to-capture-highest-market-value
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