NEW YORK, Jan. 31, 2017 /PRNewswire/ -- The home furnishings and floor coverings manufacturing market comprises all firms engaged in the wholesale distribution of home furnishings and housewares, such as glassware and earthenware, curtains and draperies, linens and towels, antiques, lamps (including electric), carpets, and other forms of soft and hard surface floor coverings.
Asia was the largest region in the home furnishings and floor coverings manufacturing market in 2016, accounting for 57% market share. This can be attributed to a large population base and increasing disposable incomes in the region. The Americas was the second largest region accounting for 21% market share. Europe was the third largest region accounting for 15% market share.
Home furnishings companies are delivering home furnishings and floor covering products directly to customers. This business model excludes middlemen from the supply chain and allows home furnishings and floor covering companies to offer their products to customers at more affordable prices. Some of the companies also started working directly with manufacturers to deliver the furnishings directly to customers, thereby bringing down prices. For instance, online furniture retailer Interior Define works directly with furniture manufacturers to offer designer furniture at no retailer markup. Similarly, furniture company Bryght has cut down its prices by 70% by cutting out the middlemen
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