The report presents an in-depth assessment of the United States Home Furniture including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for United States Home Furniture investments from 2019 till 2024.
The US home furniture market is growing with a CAGR 3% in the forecast period.
The report covers major international players operating in the US Home Furniture Market. In terms of market share, few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
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Scope of the Report
A complete background analysis of the US Home Furniture Market, which includes an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries, is covered in the report.
Key Market Trends
Living-room and Dining-room Furniture
The segment includes furniture found in living rooms, parlors, lounges, lobbies and dining rooms. Although room design might differ between countries, this category includes sofas, chairs, coffee and dining tables, bookshelves and other pieces of furniture for storage. Revenue in the Living-room & Dining-room Furniture segment amounted to USD 80.2 billion in 2018.
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Home Furnishings Store Sales
Operators in the home furnishings stores industry sell various home furnishing products, ranging from drapes and blankets to cookware and appliances. In 2016, the sales of Furnishings Stores reached USD 51.93 billion.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: United States Home Furniture Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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