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Home Furnishings Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Home Furnishings Stores Market Research Report | NAICS 44229 | Feb 2015

Harvest table: Rising per capita disposable income and growing homeownership will boost revenue

IBISWorld’s Home Furnishings Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$33bn
Annual Growth 10-15
2.7%
Annual Growth 15-20
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Profit
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Employment
193,650
Businesses
26,149
Industry Analysis & Industry Trends

In the five years to 2015, the Home Furnishing Stores industry began to recover from the housing market collapse and recession. Declining per capita disposable income, falling consumer confidence and the collapse of the domestic housing market negatively affected revenue for industry operators. Moreover, the industry's decline was perpetuated by heightened internal and external competition, which further decreased industry profitability. Over the five years to 2020, however, the industry will experience better results. This is because continued economic improvements will likely boost overall consumer spending, encouraging increased consumption of home furnishing products. In addition, surges in home ownership levels are projected to drive demand further... purchase to read more

Industry Report - Industry Analysis Chapter

In the five years to 2015, revenue for the Home Furnishing Stores industry is anticipated to increase, bolstered by rising per capita disposable income and the resurgence of the domestic housing market. However, the industry's success is expected to be inhibited by heightened external competition, which will likely hamper industry profitability. Nevertheless, industry revenue is expected to climb at an annualized 2.7% to $32.8 billion in the five years to 2015, with an estimated 1.5% jump in 2015 alone.

Demand trends higher despite potential threat

Demand for home furnishings has been slowly improving over the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Home Furnishings Stores Industry?

Operators in this industry retail a range of home furnishing goods, including curtains, draperies, blinds, shades, kitchenware, outdoor furniture, home and personal care appliances, floor coverings and decorative accessories. Merchandise is purchased from manufacturers and wholesalers and then sold to the public. Retailers that operate primarily as furniture stores, flooring stores, or electronic shopping and mail-order houses are not included in this industry.

Industry Products
Kitchen and cookwareWindow coveringsTextile productsDecorative accessories and seasonal decorationsFurnitureOther furnishings
 
Industry Activities
Retailing kitchenwareRetailing curtains, draperies, slipcovers, vertical and horizontal blindsRetailing towels, sheets, blankets and table linensRetailing decorative accessoriesRetailing outdoor and patio furnitureRetailing small electric/personal care appliances Retailing soft-surface floor covering


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