The Worldwide Home Furniture and Bedding Industry is Expected to Reach $187 Billion by 2027


Dublin, April 20, 2022 (GLOBE NEWSWIRE) -- The "Global Home Furniture and Bedding Market (2022-2027) by Furniture Type, Bedding Components, Distribution Channel, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Home Furniture and Bedding Market is estimated to be USD 147.23 Bn in 2022 and is expected to reach USD 187.01 Bn by 2027, growing at a CAGR of 4.9%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Home Furniture and Bedding Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentation

  • The Global Home Furniture and Bedding Market is segmented based on Furniture Type, Bedding Components, Distribution Channel, and Geography.
  • Furniture Type, the market is classified into Living Room and Dining Room Furniture, Bedroom Furniture, Kitchen Furniture, Lamps and Lighting Furniture, and Plastic and Other Furniture.
  • Bedding Components, the market is classified into Mattress, Bed Linens, Pillows, Blankets, and Others.
  • Distribution Channel, the market is classified into Specialist Retail Stores, Supermarkets/Hypermarkets, Online Retail Channels, and Other Distribution Channel.
  • Geography, the market is classified into - Americas, - Europe, - Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Ikea, La-Z-Boy, Godrej, Interio Bernhardt, Ashley Furniture Industries Inc., Herman Miller, Bombay Dyeing, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of - Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of - Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA.
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Home Furniture and Bedding Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses Global Home Furniture and Bedding Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Home Furniture and Bedding Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics
4.1 Drivers
4.1.1 Increasing capability of Spending Power in Home Renovation
4.1.2 Increase in Demand of Premium Bedding and Furniture for Better Lifestlye
4.1.3 Escalating Disposable Income
4.2 Restraints
4.2.1 Voltile Prices of Raw Materials
4.2.2 Last-Minute Shipping and Logistics
4.3 Opportunities
4.3.1 Upsurge in the Sale of New and Existing Residential Homes
4.3.2 Increasing the Demand for Customized Mattresses and Bed Linens
4.4 Challenges
4.4.1 Limited Space

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Home Furniture and Bedding Market, By Furniture Type
6.1 Introduction
6.2 Living Room and Dining Room Furniture
6.3 Bedroom Furniture
6.4 Kitchen Furniture
6.5 Lamps and Lighting Furniture
6.6 Plastic and Other Furniture

7 Global Home Furniture and Bedding Market, By Bedding Components
7.1 Introduction
7.2 Mattress
7.3 Bed Linens
7.4 Pillows
7.5 Blankets
7.6 Others

8 Global Home Furniture and Bedding Market, By Distribution Channel
8.1 Introduction
8.2 Specialist Retail Stores
8.3 Supermarkets/Hypermarkets
8.4 Online Retail Channels
8.5 Other Distribution Channel
9 Americas' Home Furniture and Bedding Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas

10 Europe's Home Furniture and Bedding Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe

11 Middle East and Africa's Home Furniture and Bedding Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA

12 APAC's Home Furniture and Bedding Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific

13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements

14 Company Profiles
14.1 Ikea
14.2 La-Z-Boy
14.3 Godrej
14.4 Interio Bernhardt
14.5 Ashley Furniture Industries Inc.
14.6 Herman Miller
14.7 Hni Corporation
14.8 Hooker Furniture Corporation
14.9 Sauder Woodworking Company
14.10 Serta Simmons Bedding
14.11 Sleep Number Corporation
14.12 Steelcase
14.13 Tempur Sealy International
14.14 Acton & Acton
14.15 American Textile Company
14.16 Beaumont & Brown Ltd
14.17 Boll & Branch
14.18 Westpoint
14.19 Pacific Coast Feather Company
14.20 Hollander Portico
14.21 Crane & Canopy
14.22 Bombay Dyeing

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/ls5448

Attachment

 
Global Home Furniture and Bedding Market

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