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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

The Home Furnishings Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Locations Chapter

Similar to most retail industries in the United States, the geographical spread of furniture stores closely reflects the distribution of population. In theory, the greater the number of residents, the stronger the demand will be for industry products. In 2015, IBISWorld estimates that establishments will be concentrated in the Southeast region, which captures the highest US population share.

Based on US Census Bureau data and IBISWorld estimates, the Southeast region is expected to account for about 26.1% of total establishments and 23.8% of industry revenue in 2015. In turn, population projections indicate that this region will also account for the largest share of the nation's population at 25.4%... 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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