Wednesday, February 28, 2024

Home Furnishings And Floor Coverings Global Market Report 2023: Digital Printing Technology Gains Momentum in the Industry

Must read






Dublin, May 12, 2023 (GLOBE NEWSWIRE) — The “Home Furnishings And Floor Coverings Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering.

The global home furnishings and floor coverings market grew from $117.31 billion in 2022 to $125.7 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%.The home furnishings and floor coverings market is expected to grow to $160.05 billion in 2027 at a CAGR of 6.2%.

Increasing demand for online shopping is expected to help the home furnishing and floor coverings market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the home furnishing and floor coverings manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of home furnishing and floor coverings by giving larger exposure to producers who were confined to one geography.

Home furnishings and floor covering manufacturers are adopting digital printing technology to cut down on operational expenditures. This technology lowers sampling process time and water consumption. It is also considered to be an eco-friendly alternative to traditional home furnishings and floor coverings. Some of the companies offering digital printing technologies include Epson, Bordeaux Digital PrintInk, and Fratelli Robustelli S.r.l. According to a report by Textile World magazine, 870 million square meters of fabric worth $1.29 billion were printed using digital printing technologies to shorten lead times, customize home decorations, improve design aesthetics and reduce costs.

Asia-Pacific was the largest region in the home furnishings and floor coverings market in 2022. North America was the second largest region in the home furnishings and floor coverings market. The regions covered in the home furnishings and floor coverings report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the home furnishings and floor coverings market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Scope
Markets Covered:

1) By Type: Home Furnishings; Floor Coverings
2) By Price Point: Mass; Premium
3) By Distribution Channel: Supermarkets and Hypermarkets; Specialty Stores; E-commerce; Other Distribution Channels
4) By Application: Household; Commercial

Subsegments Covered: Curtains; Bed Spreads; Towels-Home Furnishings; Other Home Furnishings; Carpets And Rugs; Mats

Key Attributes:

Report Attribute Details
No. of Pages 250
Forecast Period 2023 – 2027
Estimated Market Value (USD) in 2023 $125.7 billion
Forecasted Market Value (USD) by 2027 $160.05 billion
Compound Annual Growth Rate 6.2%
Regions Covered Global

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Home Furnishings And Floor Coverings Market Characteristics

4. Home Furnishings And Floor Coverings Market Product Analysis

5. Home Furnishings And Floor Coverings Market Supply Chain

6. Home Furnishings And Floor Coverings Market Customer Information

7. Home Furnishings And Floor Coverings Market Trends And Strategies

8. Home Furnishings And Floor Coverings Market – Macro Economic Scenario

9. Home Furnishings And Floor Coverings Market Size And Growth

10. Home Furnishings And Floor Coverings Market Regional Analysis

11. Home Furnishings And Floor Coverings Market Segmentation

12. Home Furnishings And Floor Coverings Market Segments

13. Home Furnishings And Floor Coverings Market Metrics

14. Asia-Pacific Home Furnishings And Floor Coverings Market

15. Western Europe Home Furnishings And Floor Coverings Market

16. Eastern Europe Home Furnishings And Floor Coverings Market

17. North America Home Furnishings And Floor Coverings Market

18. South America Home Furnishings And Floor Coverings Market

19. Middle East Home Furnishings And Floor Coverings Market

20. Africa Home Furnishings And Floor Coverings Market

21. Home Furnishings And Floor Coverings Market Competitive Landscape

22. Key Mergers And Acquisitions In The Home Furnishings And Floor Coverings Market

23. Market Background: Textile Manufacturing Market

24. Recommendations

25. Appendix

A selection of companies mentioned in this report includes

  • Mohawk Industries, Inc.
  • Ashley Furniture Industries, Inc.
  • Berkshire Hathaway Inc.
  • Tarkett S.A
  • Masco Corporation
  • Beaulieu International Group
  • Gerflor SAS
  • Interface Flooring Systems Inc.
  • TOLI Corporation
  • Balta Group NV

For more information about this report visit https://www.researchandmarkets.com/r/p8c705

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

        

Latest article