Market Research Report
Furniture and Floor Coverings Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025
|Furniture and Floor Coverings Global Industry Guide - Market Summary, Competitive Analysis and Forecast to 2025|
Published: November 19, 2021
Content info: 186 Pages
Delivery time: 1-2 business days
Global Furniture & Floor Coverings industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The furniture & floor coverings market consists of the following two segments: furniture and floor coverings.
Furniture comprises retail sales of domestic furniture, including bedroom furniture, dining room furniture, home office furniture, living room furniture, kitchen furniture and bathroom furniture. It does not cover contract furniture.
Floor coverings includes retail (not trade) sales of carpets, mats, rugs, carpet tiles, hard tiles, laminates, final and wood flooring. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
The global furniture & floor coverings market had total revenues of $634.8bn in 2020, representing a compound annual growth rate (CAGR) of 3% between 2016 and 2020.
Home furniture and floorcoverings specialists account for the largest proportion of sales in the global furniture & floor coverings market in 2020, sales through this channel generated $392.4bn, equivalent to 61.8% of the market's overall value.
The Asia-Pacific market accounts for 39.0% of the total global market with the US and Europe accounting for 26.0% and 27.8% respectively.