The Business Research Company's Home Furnishings and Floor Coverings Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
Online Shopping Driving Market Growth
The escalating demand for online shopping is a pivotal factor propelling the growth of the home furnishing and floor coverings market. Manufacturers now have the opportunity to showcase and sell their products on a broader platform, expanding their customer base geographically. This shift is particularly evident in countries like India, where e-commerce portals have played a pivotal role in boosting sales for home furnishing and floor covering manufacturers, providing them with exposure beyond their traditional geographic constraints.
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Key Market Players Shaping the Industry Landscape
Major companies playing significant roles in the home furnishings and floor coverings market include 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, and Balta Group NV.
Adoption of Digital Printing Technology
Home furnishings and floor covering manufacturers are increasingly adopting digital printing technology to streamline operations and reduce costs. This technology not only cuts down on sampling process time but also minimizes water consumption, positioning itself as an eco-friendly alternative to traditional methods. Companies such as Epson, Bordeaux Digital PrintInk, and Fratelli Robustelli S.r.l. offer digital printing technologies, contributing to a shift in the industry. According to a report by Textile World magazine, digital printing technologies have been used to print 870 million square meters of fabric worth $1.29 billion. This adoption aims to shorten lead times, customize home decorations, enhance design aesthetics, and reduce costs.
Regional Dynamics and Market Segmentation Overview
In 2022, Asia-Pacific emerged as the largest region in the home furnishings and floor coverings market, with North America securing the second-largest position. The comprehensive home furnishings and floor coverings market report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Market Segmentation Insights
The global home furnishings and floor coverings market is segmented based on:
• Type: Home Furnishings, Floor Coverings
• Price Point: Mass, Premium
• Distribution Channel: Supermarkets and Hypermarkets, Specialty Stores, E-commerce, Other Distribution Channels
Application: Household, Commercial
Subsegments Covered:
• Curtains
• Bed Spreads
• Towels-Home Furnishings
• Other Home Furnishings
• Carpets And Rugs
• Mats
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Home Furnishings And Floor Coverings Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Home Furnishings And Floor Coverings Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on home furnishings and floor coverings market size, home furnishings and floor coverings market drivers and trends, home furnishings and floor coverings market major players, home furnishings and floor coverings market competitors' revenues, home furnishings and floor coverings market positioning, and home furnishings and floor coverings market growth across geographies. The home furnishings and floor coverings market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the home furnishings and floor coverings market report and tap into segments with the highest growth potential.
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