The Furniture Stores industry is expected to continue growing slowly over the five years to 2015. Prior to 2011, furniture stores experienced a dramatic decline in demand when the housing market crashed. Industry revenue has rebounded gradually ever since as consumers gained more confidence in the economy. In the coming years, higher disposable income and strong consumer sentiment will help drive furniture purchases.
Operators in this industry primarily sell household, outdoor and office furniture, except those sold in combination with office supplies and equipment. This industry predominantly markets living room, dining room and bedroom furniture, followed by demand for upholstered furniture. Desks and home office goods, lamps, recliners, rugs and outdoor furniture make up the rest of sales.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.