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 Products Chapter
Kitchen and cookware
The kitchen and cookware segment makes up the largest share of industry products, accounting for an estimated 23.7% of revenue. Products include pots, pans, small kitchen electronics, textiles and rugs, baking supplies and other related products. These products generally experience significant wear and tear and are therefore replaced relatively frequently. Due to this nature, this segment's sales have remained relatively stable in the five years to 2015.
Window coverings, including curtains, blinds and draperies, are estimated to account for about 21.1% of revenue in 2015... purchase to read more