Showing posts with label Asia Pacific Home Furnishings Market Revenue. Show all posts
Showing posts with label Asia Pacific Home Furnishings Market Revenue. Show all posts

Wednesday, April 25, 2018

Modernization and Eco-Friendly Products to Drive Home Furnishing Market in Asia-Pacific-Ken Research


According to the study “Home Furnishings in Asia Pacific”, home furnishings market in Asia Pacific has witnessed a positive growth due to the strong fundamentals, economic resilience, dynamic population growth, urbanisation, and rising income levels and robust private residential construction activities. Home Furnishings includes anything that is used to furnish a home. This category includes furniture items, and some people try to use these words interchangeably. Furniture is usually items used for sitting, sleeping, or to place anything such as beds, mattresses, tables, chairs, sofas, shelves, and dressers. These items are also termed as home furnishings that encompass all such items, but are a bit more expansive. Home furnishings overlap with home decors that are any decorative items such as art, craft items, collectible figurines and many other things that a person might want to use to adorn their home. This category is almost endless and wide for inclusion of various different things.
The growth in home furnishings is driven by product innovation, segmentation and digital strategies. Furniture Market Research Reports includes various products in the home furnishings are home furniture, home textile, wall decor and others. The leading players in Asia-Pacific home furnishings are IKEA, Walmart, Bed Bath & Beyond, Macy's, Wayfair, Future Group, Haworth, Ashley Furniture, Carrefour, J.C. Penny, Crate & Barrel, Fred Meyer, Herman Miller and Home Depot. Home furnishings are available at store and through internet retailing. The home furnishings market in Asia-Pacific is geographically spread across China, Japan, Korea, India, Southeast Asia and Oceania.
The expansion and developments in real estate industry has supported the growth of home furnishings market in Asia-Pacific. Globalization facilitates easier and wider availability of home furnishings designs for consumers. Majority of the consumers in the Asia-pacific region are adopting and usage of eco-friendly products because there is a minimal impact on the environment.
Nowadays, every consumer prefers and relay on online retail platforms for buying furniture because of the availability of a wide array of home furnishings products at affordable price. Improving lifestyle and increasing disposable income are the key factors affecting the home furnishings market in Asia-Pacific. Homeowners in Asia-Pacific have increased significantly in over the past few years due to emerging economies and home owners are keen in decorating home interior and exteriors. The increasing urban population is also one of the strong impacting factors affecting the home furnishings market. Cost and availability of raw material plays a key role in home furnishings market and Furniture Industry Research Report. Raw materials such as metal, wood, plastic, glass, leathers, rattan, fabrics and stone are used for manufacturing various home furnishings.
Furniture segment in home furnishing has witnessed an increased adoption among Asia-Pacific consumers due to the increased disposable income, influence of western culture, growing adoption of modular kitchen and lighting. The furniture segment includes furniture used in kitchen, living and bedroom, bathroom, outdoor and lighting. Various materials such as metal, wood, plastic, glass and leather are used solely or in combination with other materials to manufacture parts of furniture. Multifunctional furniture is gaining popularity among Asia-Pacific urban consumers. Asia-Pacific home furnishings market will witness a continuing growth over the next few years due to decrease in unemployment, increase in income and increase in homeowners.
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Ken Research
Ankur Gupta, Head Marketing & Communications
0124-4230204

Thursday, March 22, 2018

Asia Pacific Home Furnishings Market Outlook

Asia Pacific has surpassed Western Europe and North America to become the largest and fastest-growing region for home furnishings. There is potential for growth in emerging economies due to dynamic population growth, urbanisation, and rising income levels, however, home furnishings is highly fragmented and many companies have yet to expand beyond their home markets. Successful companies will need to consider changing socio-economic structures, with an eye on regional expansion.

Euromonitor International's Home Furnishings in Asia Pacific global briefing offers the big picture view of the size and shape of the Home and Garden market. The report delivers strategic insight into some of the key areas of the market, including emerging regions, countries and categories, as well as pressing industry issues and white spaces. It identifies opportunities, analyses leading companies and brands, and offers analysis of major factors influencing the market. Forecasts illustrate how the market is set to change and criteria for success Product coverage: Gardening, Home Furnishings, Home Improvement, Homewares. Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Key topics covered in the report:
Asia Pacific Home Furnishings Market Outlook
Asia Pacific Home Furnishings Market Size
Asia Pacific Home Furnishings Market Trends
Asia Pacific Home Furnishings Market Revenue
Asia Pacific Home Furnishings Market Share
Asia Pacific Home Furnishings Market Analysis
Asia Pacific Home Furnishings Market Competition Analysis
Asia Pacific Home Furnishings Industry Growth Analysis
Asia Pacific Home Furnishings Market Demand
Asia Pacific Home Furnishings Market Volume

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249