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Home Furnishings And Floor Coverings Market Global Size, Share, Trends, Opportunity And Forecast 2024-2033
Home Furnishings And Floor Coverings market
The Business Research Company's Home Furnishings And Floor Coverings Global Market Report 2024 identifies Increasing demand for online shopping as the major driver for the Home Furnishings And Floor Coverings market's growth in the forecast period. The growth in residential construction and renovation activities is driving the demand for home furnishing and floor coverings market. Floor covering is a term to generically describe any finish material applied over a floor structure to provide a walking surface. Construction activities use floor covering and home furnishing materials for improving safety, durability and decoration of their construction site. For instance, in April 2024, construction deliveries in US are expected to increase by 5.9%, a 5% gain in construction activities. Therefore, growth in residential construction and renovation activities is expected to propel demand for home furnishing and floor coverings market.
The home furnishings and floor coverings market size has grown strongly in recent years. It will grow from $125.86 billion in 2024 to $134.9 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to housing market trends, consumer lifestyle changes, economic conditions, demographics.The home furnishings and floor coverings market size is expected to see strong growth in the next few years. It will grow to $174.83 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
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Major competitors in the Home Furnishings And Floor Coverings market are Mohawk Industries Inc., Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Tarkett SA, Masco Corporation
A key trend in the Home Furnishings And Floor Coverings market includes Digital Printing. Home furnishings and floor coverings manufacturers are adopting digital printing technology to cut down on operational expenditures. This technology lowers sampling process time and water consumption. It is also considered to be an 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. According to a report by Textile World magazine, 870 million square meters of fabric worth $1.29 billion were printed using digital printing technologies to shorten lead times, customize home decorations, improve design aesthetics and reduce costs.
Read More On TheGlobal Home Furnishings And Floor Coverings Market Report Here:https://www.thebusinessresearchcompany.com/report/home-furnishings-and-floor-coverings-global-market-report
The Home Furnishings And Floor Coverings market is segmented -
•By Type: Home Furnishings, Floor Coverings
•By Price Point: Mass, Premium
•By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, E-commerce, Other Distribution Channels
•By Application: Household, Commercial
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Home Furnishings And Floor Coverings market.
The Business Research Company's "Global Home Furnishings And Floor Coverings Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Home Furnishings And Floor Coverings Market Include:
1. Executive Summary
2. Home Furnishings And Floor Coverings Market Characteristics
3. Home Furnishings And Floor Coverings Product/Service Analysis -Product/Service Examples
4. Home Furnishings And Floor Coverings Market Trends And Strategies
5. Home Furnishings And Floor Coverings Market - Macro Economic Scenario
..........
68. Global Home Furnishings And Floor Coverings Market Competitive Benchmarking
69. Global Home Furnishings And Floor Coverings Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Home Furnishings And Floor Coverings Market
71. Home Furnishings And Floor Coverings Market Future Outlook and Potential Analysis
72. Appendix
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