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Report Title

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

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Report Title

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


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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

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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



Executive Summary

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

  • Executive Summary
  • Research Methodology
  • 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
  • Analyst Recommendations
  • Macroeconomic Factors Impacting US Furniture Market

 

Related Reports by Ken Research 

Philippines Furniture Market by Type (Home – Bed Room, Living Room, Dining Room, Kitchen Furniture; Office; Hotel & Industrial), by Sales (Domestic and Export) - Outlook to 2021
Philippines furniture market witnessed a slump in growth rate in 2015, primarily as the exports market witnessed erosion in sales during the year. Low demand from the US and Japan resulted in decline of furniture exports by 17.8% in 2015 as compared to the revenues in previous year. The market for furniture in the country stood at 1,433.0 million in 2015, representing a growth of only 7.9% from previous year. The export and domestic market stood at USD 298.0 million and USD 965.1 million in 2015, respectively.

Indonesia Furniture Market by Type (Home, Office, Hotel & Industrial), by Sales (Domestic & Export) and by Cities - Outlook to 2021
Furniture market in Indonesia increased to USD 2,634.6 million in 2016 from USD 2,451.6 million in 2015, registering a robust CAGR of 7.9% during 2012-2016. An increase in domestic demand for both traditional and modern furniture in Indonesia has been witnessed, due to the availability of wide range of local and foreign products for homes, offices, hotels and industries in the recent years, has been a strong factor which has led to the surge in the market revenues during 2015-2016.

China Furniture Market Outlook to 2020 - Surge in Demand for Children Furniture and Rise in Trend of Online Furniture Sales to Shape Future
The furniture market in China has grown with a CAGR of 10.3% during the period 2010-2015. The revenues generated by China furniture market were evaluated at USD 40.9 billion in 2010 and has grown to USD 66.8 billion by end of 2015. The furniture industry in China has been immensely driven by its ability to provide best quality furniture products at best affordable prices without compromising on the quality standards and low cost skilled workforce. With the substantial growth in the real estate industry, technology and increasing growth rate in tourism from 1.2% in 2011 to 4.1% in 2015 had led to inauguration of many new public and private construction projects, automation in the manufacturing process and increase in the number of hotels, bars & restaurants in country.

India Furniture Market Outlook to 2020 - Surging Popularity of Online Marketplace and Preferences towards Organized Furniture Brands to Fuel Growth
In FY’2015, the furniture market in India clocked revenue worth INR 1,049.1 billion which increased by 16.5% from INR 899.6 billion in FY’2014. The furniture market has experienced a substantial growth in the last few years. There are several factors which have led to this growth such as surge in real estate and housing activity, increasing growth in the information technology and services sectors, growing affluence both in the urban and rural areas and higher proportion of middle class Indians aspiring for better lifestyle.

Malaysia Furniture Market Outlook to 2020 - Growth in Furniture Export and Rise in Trend of Online Furniture Sales to Drive Future
The furniture market of Malaysia had increased from USD 3,045.8 million in 2010 to USD 3,357.6 million in 2015 at a CAGR of 2% during the period 2010-2015. The furniture market in the country had been immensely driven by a substantial growth in the real estate, travel & tourism and hospitality domains over the years. The rising number of commercial projects along with a greater spending on the infrastructure had also provided an enormous growth to the furniture market in the last few years.

1. Executive Summary
1.1. Market Overview
1.2. Market Segmentation for US Furniture Market
1.3. Snapshot on US Online Furniture Market
1.4. Future Outlook and Projections

2. Research Methodology

2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size And Modeling
2.3.1. Approach – Market Sizing
2.3.2. Variables (Dependent and Independent)
2.3.3. Multi Factor Based Sensitivity Model
2.3.4. Limitations
2.3.5. Final Conclusion

3. Value Chain Analysis of US Furniture Market
3.1. Challenges in Value Chain
3.2. Stock Keeping Units
3.3. Business and Working Model in US Furniture Market

4. US Furniture Market Overview and Genesis

5. US Furniture Market Size by Revenues, 2012-2017

6. US Furniture Market Segmentation
6.1. By Organized and Unorganized Sector, 2017
6.2. By End Users (Home, Office, Hotels and Industrial), 2017
6.3. By Major States (New York, Los Angeles, San Fransisco, Chicago and Others), 2017 *
6.4. By Age Group (Millennials, Generation X, Baby Boomers, seniors)
6.5. By Distribution Channel (Departmental Stores, Lifestyle Stores, Exclusive Stores, Supermarkets and Online Distribution) 2017

7. US Home Furniture Market Segmentation
7.1. By Product Categories (Bedroom, Living Room, Dining Room, Kitchen and Others), 2017
7.1.1. US Home Furniture Market Segmentation by Living Room Furniture (Sofa, Sofa cum Bed, Television Sets, Coffee Table and Center Table), 2017
7.1.2. US Home Furniture Market Segmentation by Bedroom Furniture (Bed, Wardrobe, Dressing Table and Others), 2017
7.1.3. US Dining Room Furniture Market, 2017
7.1.4. US Kitchen Furniture Market, 2017

8. Trends and Developments in US Furniture Market

9. Trade Scenario for US Furniture Market
9.1. By Exports, 2012-2017
9.2. By Imports, 2012-2017

10. Competitive Landscape
10.1. Company Profiles for Major Manufacturers in US Furniture Market *
10.1.1. Klaussner Furniture Industries
10.1.2. Ashley Furniture Industries Inc.
10.1.3. La-Z-Boy
10.1.4. Sauder Woodworking
10.1.5. Ethan Allen
10.1.6. Dorel Industries
10.1.7. Man Wah Holdings
10.1.8. Lacquer Craft
10.1.9. Bernhardt Furniture
10.1.10 Home Meridian International
10.2. Company Profile for Major Retailers in US Furniture Market *
10.2.1. Ashley Furniture Home Store
10.2.2. IKEA
10.2.3. Williams-Sonoma
10.2.4. Rooms To Go
10.2.5. Berkshire Hathaway

11. Snapshot on US Online Furniture Market
11.1 US Online Furniture Market Size by Revenues, 2012-2017
11.2 Company Profiles
11.2.1 Overstock.com
11.2.2 Amazon
11.2.3 Wayfair

12. Snapshot on US Children Furniture Market

13. Snapshot on Easy to Assemble (DIY) Furniture Market

14. Snapshot on Smart Furniture Market

15. Government Rule and Regulations

16. Entry Barriers in US Furniture Market

17. SWOT Analysis for US Furniture Market

18. Decision Making Criteria in US Furniture Market *

19. Supplier Selection Criteria in US Furniture Market *

20. US Furniture Market Future Outlook and Projections, 2017-2021
20.1. US Furniture Market Size by Revenues, 2017-2021
20.2. By Organized and Unorganized Sector, 2021
20.3. By End Users (Home, Office, Hotels and Industrial), 2021
20.3.1. By Home Furniture Categories (Living Room, Bedroom, Dining Room, Kitchen and Others), 2017-2021
20.4. By Cities (New York, Los Angeles, San Fransisco, Chicago and Others) 2021
20.5. By Age Group (Millennials, Generation X, Baby Boomers, seniors) 2021

21. Analyst Recommendations

22. Macroeconomic Factors Impacting US Furniture Market
22.1. Household Expenditure In US, 2011-2021
22.2. Number of Households, 2011-2021
22.3. Number of Hotel Rooms, 2011-2021
22.4. Middle Class Households, 2011-2021

Disclaimer
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(*) Notes: Some of the qualitative or quantitative information provided would highly depend upon the computerized assisted telephonic conversations (CATIs) with industry experts. On the basis of the discussion, the section could be edited or deleted as per the information availability. All limitations and approach used will be clearly mentioned in the report.

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Klaussner Furniture Industries, Ashley Furniture Industries Inc, La-Z-Boy, Sauder Woodworking, Ethan Allen, Dorel Industries, Man Wah Holdings, Lacquer Craft, Bernhardt Furniture, Home Meridian International, Ashley Furniture Home Store, IKEA, Williams-Sonoma, Rooms To Go, Berkshire Hathaway, Overstock.com, Amazon, Wayfair

Home Furniture, Office Furniture, Hotel Furniture, Industrial Furniture, Bedroom Furniture, Living Room Furniture, Dining Room Furniture, Kitchen Furniture, Sofa, Sofa cum Bed, Television Sets, Coffee Table, Center Table, Bed, Wardrobe, Dressing Table, Dining Room Furniture, Kitchen Furniture, Children furniture


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