After another year of decline, home furnishings in the US is set to return to growth in the forecast period in current value terms. After a difficult year in 2023, the growth rate of barbecues in the US is expected to rise steadily in the forecast period, driven by their cost-effective outdoor leisure appeal and convenience.
During the forecast period, sofa beds is expected to return to growth in the US, driven by several converging factors. The rise of minimalistic living and the desire for comfort are expected to fuel interest in a multifunctional furniture solution that offers both seating and sleeping options.
As multi-generational living arrangements become more prevalent, a trend of delayed empty nesting and fewer new households forming is emerging in the US. This shift implies a growing need for homes to be better-equipped, leading to increased demand for home furnishings and renovations to accommodate people from different generations.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Home Furnishings industry in USA with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Furnishings industry in USA, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Furnishings
The furniture and other moveable articles in a home that are necessary or useful for comfort and convenience. Items must be new when sold to the consumer; second-hand/used home furnishings are excluded. Antiques are also excluded. Home furnishings refers to indoor living (home textiles, indoor furniture and window coverings), outdoor living (BBQ's, garden sheds and outdoor furniture) and lighting (lighting sources and light fixtures).
See All of Our DefinitionsThis report originates from Passport, our Home Furnishings research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!