The U.S. Home Furnishing Market: Size, Trends & Forecasts (2018-2022) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 12, 2018--The “The U.S. Home Furnishing Market: Size, Trends & Forecasts (2018-2022)” report has been added to ResearchAndMarkets.com’s offering.The U.S. home furnishing market has shown rising trends over the past few years and is expected to grow at a rapid pace over the forecasted period (2018-2022).
The US home furnishing market is primarily driven by growing e-commerce and m-commerce penetration, rising personal disposable income, growing urbanization population, recovering home furnishing share of wallet, growing consumer interest towards home decor etc.
However, the market is facing some challenges such as shifting consumer trends & expectations, rising material cost, skilled labor shortage etc.
Market trends such as augmented reality and virtual reality, technological advanced stores, and rising demand for luxury home furnishing is expected to propel the growth of the market in the coming years.
Bed Bath & Beyond, Williams-Sonoma, Target Corporation, and Wayfair are some of the key players operating in the home furnishing market of the US, whose company profiling has been done in the report which briefs about business overview, financial summary, and business strategies of these major companies.
Growth DriversGrowing E-Commerce and M-Commerce PenetrationRising Personal Disposable IncomeOmni-Channel ApproachRecovering Home Furnishing Share of WalletIncreasing Rate of UrbanizationGrowing Consumer Interest towards Home Decor
ChallengesShifting Consumer Trends and ExpectationsHigh Logistic CostRising Material CostsSkilled Labor ShortageDeclining Millennial House Ownership
TrendsAugmented Reality and Virtual RealityTechnological Advanced StoresIncreasing Demand for Luxury Home FurnishingRising Demand for Eco-Friendly Furnishings
Key Topics Covered
1. Executive Summary
3. Global Market Analysis
4. The U.S. Market Analysis
5. Market Dynamics
6. Competitive Landscape
7. Company ProfilesBed Bath & Beyond Inc.Target CorporationWayfair Inc.Williams-Sonoma Inc.
For more information about this report visit https://www.researchandmarkets.com/research/326hhl/the_u_s_home?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181212005597/en/
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INDUSTRY KEYWORD: HOME GOODS RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/12/2018 11:14 AM/DISC: 12/12/2018 11:14 AM