The United States and Korean Home Furnishings Market Trends and Forecasts to 2020 in New Research Reports
PUNE, India, June 15, 2016 /PRNewswire/ --
MarketReportsOnline.com adds "The United States Home Furnishing Market: Size, Trends & Forecasts (2016-2020)" & "Korean Home Furnishings Market: Size, Trends & Forecasts (2016-2020)" reports to its research store.
The report entitled "The United States Home Furnishing Market: Size, Trends & Forecasts (2016-2020)", provides analysis of the United States home furnishing market, with detailed analysis of market size and growth, market share and economic impact of the industry. The analysis includes the market by value, by number of stores, by channel of sales and by segments. Furthermore, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall United States home furnishing has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Complete US Home Furnishing Market research report of 55 pages with TOC is now available at http://www.marketreportsonline.com/481006.html.
The US home furnishing market can be broadly segmented into Furniture; Small Electric Appliances; China Glassware, Tableware & Utensils; and Household Linens. The Furniture segment can be further segmented into furniture; clock, lamps, others; carpet and floor coverings; and window coverings. The China Glassware, Tableware and Utensils can be further segmented into dishes and flatware; and non electric cookware and tableware.
Company Coverage of The United States Home Furnishing Market: Target Corporation, Bed Bath & Beyond, Inc. & Home Depot, Inc.
The United States home furnishing market has increased with a healthy growth rate over the years and is expected to increase further during the forecasted period (2016-2020). The home furnishing market is supported by various growth drivers, such as favorable demographics of the United States, Omni-channel Approach, increasing e-commerce and m-commerce penetration, etc. Yet, the market faces certain challenges, such as low home furnishing share of wallet, widening gap between PPI and CPI, etc.
The home furnishings industry includes manufacturers of furniture, upholstery, carpets, wall coverings, and bedding, as well as soft home furnishings, such as bedspreads and other bed-related items, linens, tablecloths, and candles. The US home furnishings industry is cyclical, rising and falling with unemployment, interest rates, and other economic indicators. The furniture market dominates the industry. Furniture manufacturers see their businesses move along with interest rates and the housing market. Cash flow of companies is seasonal, with higher sales in third and fourth quarters. Transactions are by cash or credit card, so accounts receivable are low. Gross margins are typically 40% to 45% of net sales. The home furnishings industry is unregulated except for standard state and federal regulations against deceptive sales practices and laws that regulate the use of credit financing.
Purchase a copy of this The United States Home Furnishing Market: Size, Trends & Forecasts (2016-2020) research report at http://www.marketreportsonline.com/contacts/purchase.php?name=481006.
The report titled "Korean Home Furnishings Market: Size, Trends & Forecasts (2016-2020)", provides an in-depth analysis of the Korean home furnishings market. The report also gives an insight of the Korean home furnishings market by segments. Furthermore, it includes the analysis of the Korean furnishing market by branding and distribution channels along with the key opportunities in the market.
Growth of the overall Korean housing furnishings market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Complete Korean Home Furnishings Market research report of 65 pages with TOC is now available at http://www.marketreportsonline.com/481658.html.
The competition in the Korean home furnishings market is fragmented with numerous individual non-brand furniture makers accounting for a large proportion of the total market. But due to the changing consumers' preferences and increasing penetration of the branded furniture makers by partnering with local furniture makers, the Korean home furnishings market is dominated by the three big players, Hanssem Co. Ltd, Hyundai Livart Furniture Co. Ltd and Enex Co. Ltd.
Company Coverage of Korean Home Furnishings Market: Hanssem Co. Ltd., Hyundai Livart Furniture Co. Ltd. & Enex Co. Ltd.
The Korean home furnishings market is expected to increase at a significant CAGR during the years 2016-2020. The Korean home furnishings market is expected to increase due to growth in real demand for houses for living purpose than investment purpose, increased interest in cooking, growing housing market of Korea, rising supply of houses and increasing 1-2 member households, etc. Purchase a copy of this Korean Home Furnishings Market: Size, Trends & Forecasts (2016-2020) research report at http://www.marketreportsonline.com/contacts/purchase.php?name=481658.
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