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 Analysis Chapter
In the five years to 2016, revenue for the Home Furnishings Stores industry is anticipated to increase, bolstered by rising per capita disposable income and the strengthening domestic housing market. However, the industry’s success will likely be inhibited by heightened external competition, which is expected to threaten industry profitability. Nevertheless, industry revenue is expected to climb at an annualized 3.2% to $33.0 billion in the five years to 2016, with an estimated 3.6% jump in 2016 alone.
Demand for home furnishings has been steadily improving over the past five years. Per capita disposable income is expected to increase at an annualized 1.5% in the five years to 2016... purchase to read more