Industry Analysis & Industry Trends
Over the past five years, revenue for the Home Furinshings Stores industry is expected to rise as increasing disposable income and the strengthening housing market encourage consumers to release pent-up demand for new home furnishing products. In the coming years, while competition is expected to intensify, improving economic conditions, such as rising consumer confidence, disposable income and homeownership levels, are anticipated to drive the industry's growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Home Furnishings Stores industry exhibits medium, nearly high, level of market concentration, with the six largest players in the industry estimated to account for about 65.8% of the industry revenue in 2016. The remaining share of the market is mostly comprised of small- to medium-size players that supply local demand.
In recent years, industry concentration has increased as operators exited, merged with other players or expanded. In fact, the total number of businesses participating in this industry is expected to decline at an annualized rate of 0.6% in the five years to 2016. The majority of players exiting are of small size and limited geographical reach... purchase to read more