Home Furnishings Stores Market Expansion Continues, with Forecast Valuation of $286.39 Billion by 2029

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Home Furnishings Stores Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for home furnishings stores has experienced significant growth in the past few years. The market is projected to rise from $217.53 billion in 2024 to $231.36 billion in 2025, showing a compound annual growth rate (CAGR) of 6.4%. Lifestyle changes among consumers, demographic alterations, consumer optimism, techniques employed by retailers, and changes in the global supply chain have contributed to the growth during the historic period.

Home Furnishings Stores Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for the home furnishings stores market to experience robust expansion in the forthcoming years, reaching a value of $286.39 billion in 2029. This growth, with a compound annual growth rate (CAGR) of 5.5%, is attributed to the integration of smart homes, urbanization, space optimization, emphasis on health and wellness, personalization, customization, and retail strategies. Several key trends are set to shape the forecast period, such as home renovation and remodeling, rental and subscription-based models, handcrafted and artisan products, solutions for outdoor living, and the growth of resale and secondhand markets.

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What Are the Drivers Transforming the Home Furnishings Stores Market?
The escalating fascination in interior design is predicted to drive the expansion of the home furnishings stores market in the future. Interior design encapsulates the full process of creating an internal space that caters to and safeguards human necessities. Customers enticed by domicile aesthetics and lifestyle influencers are ready to invest more in diverse designer and luxury home furniture, spending heavily on home decor and interior design themes. For instance, data from Made in CA, an online publication based in Canada, suggests that the global interior design market size will likely surpass $339 billion by 2027. As a result, this burgeoning interest in interior design is fueling the development of the home furnishings stores market.

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What Long-Term Trends Will Define the Future of the Home Furnishings Stores Market?
The rise of technological innovation is emerging as a major trend in the home furnishing stores market. Leading companies in the market are increasingly focusing on breakthrough technologies to bolster their market standing. A noteworthy example is IKEA, a home furnishing business based in Sweden, which in June 2022 announced the launch of IKEA Kreativ. This is an AI-enabled experience that allows customers to create realistic room designs. IKEA Kreativ utilizes a blend of spatial computing, machine learning, and 3D mixed reality technology to aid in room design.

Which Segments in the Home Furnishings Stores Market Offer the Most Profit Potential?
The home furnishings stores market covered in this report is segmented -

1) By Product Type: Home Furniture, Home Textile, Wall Décor
2) By Price Point: Mass, Premium
3) By Application: E-Commerce Sales, In-Store Sales

Subsegments:
1) By Home Furniture: Living Room Furniture, Bedroom Furniture, Dining Room Furniture, Office Furniture, Storage Solutions
2) By Home Textile: Bed Linens, Curtains And Drapes, Rugs And Carpets, Towels And Bath Linens, Cushions And Throws
3) By Wall Decor: Paintings And Artwork, Wall Stickers And Decals, Mirrors, Wall Shelves, Clocks

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Which Firms Dominate the Home Furnishings Stores Market by Market Share and Revenue in 2025?
Major companies operating in the home furnishings stores market include Ashley furniture industries Ltd., Duresta Upholestry Ltd., Kimball International, Shaw Industries Group Inc., Inter IKEA Group, Mohawk Industries Inc., Wayfair LLC, Suofeiya Home Collection Co. Ltd., Springs Window Fashions LLC, Hansemm Corporation, Walmart Inc., Macy's Inc., home24 SE, Home Depot Product Authority LLC, Williams-Sonoma Inc., Rooms To Go, Crate & Barrel, Ethan Allen, La-Z-Boy, Pottery Barn, RH, Havertys, Bassett Furniture, Raymour & Flanigan, American Furniture Warehouse, Nebraska Furniture Mart, Bob's Discount Furniture, Jordan's Furniture, Value City Furniture, Mathis Brothers Furniture, Living Spaces, Badcock Home Furniture & More, Leon's Furniture, Dufresne Furniture & Appliances, Bernie & Phyl's Furniture, Kane's Furniture, El Dorado Furniture, Arhaus, Ballard Designs

Which Regions Offer the Highest Growth Potential in the Home Furnishings Stores Market?
North America was the largest region in the home furnishings stores market in 2024. The regions covered in the home furnishings stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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