The report titled “The US Furniture Market by End Users (Home, Office, Hotels and Industrial), By Age Group (Millennials, Generation X, Baby Boomers, seniors (Child Care and Infant Care), By Distribution Channel (Departmental Stores, Lifestyle Stores, Exclusive Stores, Supermarkets and Online Distribution)– Outlook to 2021” provides a comprehensive analysis of furniture market in the US.
The report focuses on the overall market size of furniture market in the US, market segmentation by various states (New York, Los Angeles, San Fransisco, Chicago), by organized and Unorganized sector, by product categories (Bedroom, Living Room, Dining Room, Kitchen), by Living Room Furniture (Sofa, Sofa cum Bed, Television Sets, Coffee Table and Center Table, by dining room furniture and children furniture. The report also includes the profile of major manufacturers and retailers and online players, government rule and regulations, trends and developments. The report concludes with market projection for future and analyst recommendations.
The US Furniture Market Size
The US furniture market generated revenues worth USD ~ million in 2012. The revenue generated increased from USD ~ million in 2012 to USD ~ million in 2017. The furniture industry has witnessed a steady growth in the demand of the furniture products by the consumers in the US.
The US Furniture Market Segmentation
Based on the segments, the US furniture industry is divided into organized and unorganized players. The demand for furniture products basically arises from the four major sectors i.e. home, office, hotels and industrial. The new home sales are expected to lead the demand for the furniture products. After the economic recession, there has been an increase in demand for new home units which will lead to rise in the demand for furniture. Spend by Millennial is on the rise when it comes to furniture products. A shift in distribution has also been witnessed with advent of major retailers and online distribution players.
Comparative Landscape in Furniture Market in the US
Major retailers have gained a significant presence in the furniture market in the US. Ashley Furniture Home Store, IKEA, Williams-Sonoma, Rooms to Go, Berkshire Hathaway are some of the leading retailers operating in the furniture industry.
Online Companies such as overstock.com, amazon and wayfair have also gained considerable presence with the young population making maximum use of smart phones for making online purchases.
Key Topics Covered in the Report
Value chain Analysis of US furniture market
US furniture market size by revenues
US Furniture Market Segmentation by organized and unorganized sector, by end users Home, Office, hotels and industrial, by major states (New York, Los Angeles, San Fransisco, Chicago), By Age Group (Millennials, Generation X, Baby Boomers, seniors and by By Distribution Channel (Departmental Stores, Lifestyle Stores, Exclusive Stores, Supermarkets and Online Distribution) 2017
By Product Categories (Bedroom, Living Room, Dining Room, Kitchen and Others)
US Dining Room Furniture Market
US Kitchen Furniture Market
Company Profiles for Major Manufacturers in US Furniture Market
US Online Furniture Market
Snapshot on Easy to Assemble (DIY) Furniture Market
Snapshot on Smart Furniture Market
US Furniture Market Future Outlook and Projections
Macroeconomic Factors Impacting US Furniture Market
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Ankur Gupta, Head Marketing & Communications