The Retail Market for Home Furniture & Bedding
Growing consumer confidence and housing starts have spurred growth for The Retail Market for Home Furniture and Bedding industry over the five years to 2018. While the average price of industry products is expected to decrease slowly, rising sales volumes have driven revenue growth for the industry during the current period. More specifically, given that all of the industry's products are ultimately destined for the homes of consumers, increasing housing starts have further benefited industry demand. Additionally, the industry's target markets have remained consistent, with the largest market being consumers aged 35 to 44. Overall, industry revenue is expected to increase during the period. Over the five years to 2023, industry revenue is forecast to grow more slowly. Home furniture and bedding retailers are anticipated to remain heavily reliant on labor for sales, causing wages to account for a larger share of revenue.
Companies in this industry sell living room suites, bedroom suites, bedding, sofas, tables, chairs, outdoor furniture and other furniture for household use. This report shows the size of the retail market for this product and includes sales from all major retail channels, including specialty stores, general merchandisers and internet retailers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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