Market Research Reports - Ken Research US Kitchen Furniture Sale, US Center Table Sales
Rising Demand of US Furniture Products, a Key Catalyst for Growth of the US Economy: Ken
Research
Striking Growth Opportunities in the US furniture market, shift to online shopping,
Advancement in logistics and easy to assemble furniture has attracted numerous companies
with innovative solutions to the furniture industry in the US.
The report on The US Furniture Industry by Ken Research titled “The US Furniture Market by
End Users (Home, Office, Hotels and Industrial), By Age Group (Millennials, Generation X,
Baby Boomers, seniors (Child Care and Infant Care), By Distribution Channel (Departmental
Stores, Lifestyle Stores, Exclusive Stores, Supermarkets and Online Distribution)– Outlook to
2021” suggests a steady growth in revenue for manufacturers, retailers as well as online
players.
The US furniture market has witnessed a consolidation over the years. Major retailers have
raised their market share over the period leaving little for other players. A considerable
decrease in number of furniture stores can be witnessed over the years making way for E
commerce platform, largely because of the improvement in the distribution network. The major
online companies such as overstock.com, amazon and wayfair have witnessed a considerable
increase in the market share when we compare the complete furniture space.
With respect to product segmentation, living room furniture and bedroom furniture accounted
for most of the furniture spend. Most of the e-retailers are experiencing a high growth rate.
Plenty of startups also offer customized designs and custom made furniture solutions which
cater to the growing demand of US Consumers.
Mobile shopping has been a major thump which has benefited the e commerce segment. Young
age population through their smart phones is shopping as per their convenience. A
considerable rise in the mobile traffic has been witnessed along with an increase exhibited in
the m commerce transactions.
Key Topics Covered in the Report
The US Furniture Retail Market
Number of Stores in the US
Online Furniture Sale in the US as a percentage of total sale.
Spend on the US Furniture
Retail Store Sale, Online Sale, Exclusive Store Sale