Press release
Home Furnishings And Floor Coverings Market Report, Size, Share Report 2024-2033
The new report published by The Business Research Company, titled Home Furnishings And Floor Coverings Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the home furnishings and floor coverings market size has grown strongly in recent years. It will grow from $125.86 billion in 2023 to $134.9 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. 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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E-Commerce Boosting Growth In The Home Furnishing And Floor Coverings Market
Increasing demand for online shopping is expected to help the home furnishing and floor coverings market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the home furnishing and floor coverings manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of home furnishing and floor coverings by giving larger exposure to producers who were confined to one geography.
Digital Printing Technology Transforming Home Furnishings And Floor Coverings Manufacturing
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.
The home furnishings and floor coverings market covered in this report is segmented -
1) By Type: Home Furnishings, Floor Coverings
2) By Price Point: Mass, Premium
3) By Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, E-commerce, Other Distribution Channels
4) By Application: Household, Commercial
Subsegments Covered: Curtains, Bed Spreads, Towels-Home Furnishings, Other Home Furnishings, Carpets And Rugs, Mats
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Major companies operating in the home furnishings and floor coverings market include Mohawk Industries Inc., Ashley Furniture Industries Inc., Berkshire Hathaway Inc., Tarkett SA, Masco Corporation, Beaulieu International Group, Gerflor SAS, Interfaceflor LLC, TOLI Corporation, Balta Group NV, MillerKnoll Inc., Steelcase Inc., La-Z-Boy Inc., Leggett & Platt Incorporated, Tempur Sealy International Inc., Ethan Allen Interiors Inc., HNI Corporation, Shaw Industries Group Inc., Newell Brands Inc., LG Electronics Inc., Samsung Electronics Co. Ltd., Panasonic Corporation, Electrolux AB, Miele & Cie KG, Dyson Ltd., iRobot Corporation, Hunter Fan Company, Casper Sleep Inc., Purple Innovation Inc., Tuft & Needle LLC, Saatva Inc., Amerisleep LLC, Leesa Sleep LLC, Avocado Green Brands.
Contents of the report:
1. Executive Summary
2. Home Furnishings And Floor Coverings Market Report Structure
3. Home Furnishings And Floor Coverings Market Trends And Strategies
4. Home Furnishings And Floor Coverings Market - Macro Economic Scenario
5. Home Furnishings And Floor Coverings Market Size And Growth
…..
27. Home Furnishings And Floor Coverings Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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