European Homeware and Home Furnishings Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)

The report titled “European Homeware and Home Furnishings Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)”, provides an in depth analysis of the European homeware and home furnishings market by value, by product, by region, etc. The report provides a regional analysis of European homeware and home furnishings market, including the following regions: Western Europe and Eastern Europe. The report also provides a detailed analysis of the COVID-19 impact on the homeware and home furnishings market.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall homeware and home furnishings market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

European homeware and home furnishings market is fragmented with many major market players operating worldwide. The key players of the homeware and home furnishings market are IKEA, Steinhoff International Holdings, JYSK, Bassett and Roche Bobois group are also profiled with their financial information and respective business strategies.

Country Coverage

Western Europe
Eastern Europe

Company Coverage

IKEA
Steinhoff International Holdings
JYSK
Bassett
Roche Bobois

Executive Summary

Homeware are products which effortless top move and replace, and comprises of products that are not strictly functionally required in a decorated place. Homeware products comprise of curtains, pillows, tablecloths and aesthetic craft items, aesthetic wrought iron among others. These products are mostly used in indoor furnishings and layout which can include cloth items, wall hangings and planters.

Home furnishing items or goods are used to furnish a home, including both furniture and things used to decorate the home and make it more hospitable. Home furnishing products include, door mats, rugs, bath linen, bed covers, comforters, etc. European Home Furnishings market can be segmented on the basis of product home furniture, floor coverings and wall décor and home textile.

European homeware and home furnishings market has increased significantly during the years 2016-2019, in 2020, the market declined due to COVID-19 and projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously. The homeware and home furnishings market is expected to increase due to the increasing influence of social media, growing disposable income, rising penetration of e-commerce, growing urbanization, increase in construction activities and increasing millennials and Gen-Z population. Yet, the market faces some challenges such as volatility in the prices of raw material and high degree of completion.

The COVID-19 pandemic had a mixed effect on the European homeware and home furnishings market. It negatively affected the market in 1st and 2nd quarter but the market picked up in 3rd and 4th quarter.


1. Executive Summary
2. Introduction
2.1 Furniture: Overview
Table 1: Different Raw Materials of Furniture
2.2 Furniture Production Process: Overview
Table 2: Major Steps in the Production of Panel Furniture Products
2.3 Categories of Furniture
Table 3: Categories of Furniture
2.4 Homeware: Overview
Table 4: Homeware Segmentation by Product
2.5 Home Furnishings: Overview
Table 5: Home Furnishing Segmentation by Type
3. Global Market Analysis
3.1 Global Homeware and Home Furnishings Market: An Analysis
3.1.1 Global Homeware and Home Furnishings Market by Value
Table 6: Global Homeware and Home Furnishings Market by Value; 2016-2020 (US$ Billion)
Table 7: Global Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
4. European Market Analysis
4.1 European Homeware and Home Furnishings Market: An Analysis
4.1.1 European Homeware and Home Furnishings Market by Value
Table 8: European Homeware and Home Furnishings Market by Value; 2016-2020 (US$ Billion)
Table 9: European Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
4.1.2 European Homeware and Home Furnishings Market by Region (Western Europe and Eastern Europe)
Table 10: European Homeware and Home Furnishings Market by Region; 2020 (Percentage, %)
4.1.3 European Homeware and Home Furnishings Market by Segment (Homeware and Home Furnishings)
Table 11: European Homeware and Home Furnishings Market by Segment; 2020 (Percentage, %)
4.2 European Homeware and Home Furnishings Market: Segment Analysis
4.2.1 European Homeware Market by Value
Table 12: European Homeware Market by Value; 2016-2020 (US$ Billion)
Table 13: European Homeware Market by Value; 2021-2025 (US$ Billion)
4.2.2 European Home Furnishings Market by Value
Table 14: European Home Furnishings Market by Value; 2016-2020 (US$ Billion)
Table 15: European Home Furnishings Market by Value; 2021-2025 (US$ Billion)
4.2.3 European Home Furnishings Market by Product (Home Furniture, Floor Coverings and Wall Décor and Home Textile)
Table 16: European Home Furnishings Market by Product; 2020 (Percentage, %)
4.3 European Home Furnishings Market: Product Analysis
4.3.1 European Home Furniture Market by Value
Table 17: European Home Furniture Market by Value; 2016-2020 (US$ Billion)
Table 18: European Home Furniture Market by Value; 2021-2025 (US$ Billion)
4.3.2 European Floor Coverings and Wall Décor Market by Value
Table 19: European Floor Coverings and Wall Décor Market by Value; 2016-2020 (US$ Billion)
Table 20: European Floor Coverings and Wall Décor Market by Value; 2021-2025 (US$ Billion)
4.3.3 European Home Textile Market by Value
Table 21: European Home Textile Market by Value; 2016-2020 (US$ Billion)
Table 22: European Home Textile Market by Value; 2021-2025 (US$ Billion)
5. European Regional Market Analysis
5.1 Western Europe Homeware and Home Furnishings Market: An Analysis
5.1.1 Western Europe Homeware and Home Furnishings Market by Value
Table 23: Western Europe Homeware and Home Furnishings Market by Value; 2016-2020 (US$ Billion)
Table 24: Western Europe Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.1.2 Western Homeware and Home Furnishings Market by Region (Germany, United Kingdom, France, Italy, Spain and rest of Western Europe)
Table 25: Western Europe Homeware and Home Furnishings Market by Region; 2020 (Percentage, %)
5.1.3 Germany Homeware and Home Furnishings Market by Value
Table 26: Germany Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 27: Germany Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.1.4 United Kingdom Homeware and Home Furnishings Market by Value
Table 28: United Kingdom Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 29: United Kingdom Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.1.5 France Homeware and Home Furnishings Market by Value
Table 30: France Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 31: France Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.1.6 Italy Homeware and Home Furnishings Market by Value
Table 32: Italy Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 33: Italy Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.1.7 Spain Homeware and Home Furnishings Market by Value
Table 34: Spain Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 35: Spain Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.1.8 Rest of Western Europe Homeware and Home Furnishings Market by Value
Table 36: Rest of Western Europe Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 37: Rest of Western Europe Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.2 Eastern Europe Homeware and Home Furnishings Market: An Analysis
5.2.1 Eastern Europe Homeware and Home Furnishings Market by Value
Table 38: Eastern Europe Homeware and Home Furnishings Market by Value; 2016-2020 (US$ Billion)
Table 39: Eastern Europe Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.2.2 Eastern Europe Homeware and Home Furnishings Market by Region (Russia, Poland and rest of Eastern Europe)
Table 40: Eastern Europe Homeware and Home Furnishings Market by Region; 2020 (Percentage, %)
5.2.3 Russia Homeware and Home Furnishings Market by Value
Table 41: Russia Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 42: Russia Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.2.4 Poland Homeware and Home Furnishings Market by Value
Table 43: Poland Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 44: Poland Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
5.2.5 Rest of Eastern Europe Homeware and Home Furnishings Market by Value
Table 45: Rest of Eastern Europe Homeware and Home Furnishings Market by Value; 2019-2020 (US$ Billion)
Table 46: Rest of Eastern Europe Homeware and Home Furnishings Market by Value; 2021-2025 (US$ Billion)
6. Impact of COVID-19
6.1 COVID-19 Impact on Homeware and Home Furnishings Market
6.2 Impact of COVID-19 on Retail Sales
Table 47: COVID-19 Impact on Retail Sales Growth in Selected Countries; 2020 (Percentage, %)
6.3 COVID-19 Impact on Imports and Exports
Table 48: COVID-19 Impact on Exports and Imports of Businesses in United Kingdom; March 2020 (Percentage, %)
6.4 COVID-19 Impact on New Orders in the Furniture Industry
Table 49: Impact of COVID-19 on New Orders in the Poland Furniture Industry; 2020 (Percentage, %)
7. Market Dynamics
7.1 Growth Drivers
7.1.1 Increasing Influence of Social Media
Table 50: Users in European Countries on Social Networks; 2015-2021 (Percentage, %)
7.1.2 Growing Disposable Income
Table 51: Real Household Disposable income of United Kingdom; 2018-2023 (Percentage, %)
7.1.3 Rising Penetration of E-Commerce
Table 52: Europe Retail E-Commerce Revenue; 2018-2024 (US$ Billion)
7.1.4 Growing Urbanization
Table 53: Europe Urban Population; 1950-2030 (Percentage, %)
7.1.5 Increase in Construction Activities
Table 54: Construction Output of New Housing Construction in England, Scotland and Wales; 2016-2020 (US$ Million)
7.1.6 Increasing Millennials and Gen-Z Population
Table 55: Millennials and Gen-Z Population of United Kingdom; 2015-2019 (Million)
7.2 Challenges
7.2.1 Volatility in the Prices of Raw Material
7.2.2 High Degree of Competition
7.3 Market Trends
7.3.1 Environment Friendly Furnishings
Table 56: Europe CO2 emissions; 2014-2020 (Million Metric Tons)
7.3.2 Growing Popularity for Smart Home furniture
Table 57: Global Smart Furniture Market size: 2018-2024 (US$ Million)
7.3.3 Partnership among Major Players
8. Competitive Landscape
8.1 European Homeware and Home Furnishings Market Players: A Financial Comparison
Table 58: European Homeware and Home Furnishings Market Players: A Financial Comparison; 2020
9. Company Profiles
9.1 IKEA
9.1.1 Business Overview
9.1.2 Financial Overview
Table 59: IKEA Revenue; 2016-2020 (US$ Billion)
Table 60: IKEA Revenue by Regions; 2020 (Percentage, %)
9.1.3 Business Strategy
9.2 Steinhoff International Holdings
9.2.1 Business Overview
9.2.2 Financial Overview
Table 61: Steinhoff International Holdings Revenue; 2016-2020 (US$ Billion)
Table 62: Steinhoff International Holdings Revenue by Segments; 2020 (Percentage, %)
Table 63: Steinhoff International Holdings Revenue by Regions; 2020 (Percentage, %)
9.2.3 Business Strategy
9.3 JYSK
9.3.1 Business Overview
9.3.2 Financial Overview
Table 64: JYSK Turnover; 2016-2020 (US$ Billion)
9.3.3 Business Strategy
9.4 Bassett
9.4.1 Business Overview
9.4.2 Financial Overview
Table 65: Bassett Net Sales; 2016-2020 (US$ Million)
Table 66: Bassett Net Sales by Segments; 2020 (Percentage, %)
9.4.3 Business Strategy
9.5 Roche Bobois
9.5.1 Business Overview
9.5.2 Financial Overview
Table 67: Roche Bobois Sales of Goods; 2017-2020 (US$ Million)
9.5.3 Business Strategy

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