“Furniture and Floor Coverings Retailing in India - Market Summary and Forecasts” provides a detailed analysis of both the historic and forecast market data of furniture and floor coverings retail sales across key channels in India.
Key Findings
- Furniture and floor coverings category is forecast to generate retail sales of INR976.9 by 2019, at a CAGR of 10.9%
- A strong and growing economy presents numerous opportunities for organized retailers, the country's young and expanding middle class hold the key for the growth of retail industry
- The Indian furniture and floor coverings market is highly fragmented with over three-quarters of the market share commanded by small regional firms and the remaining by established retailers
- Improving living standards and infrastructure boom augurs well for the furniture and floor coverings market
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Synopsis
“Furniture and Floor Coverings Retailing in India - Market Summary and Forecasts” is a detailed sector report providing comprehensive analysis of the emerging trends, forecasts and opportunities in India's furniture and floor coverings retail market. It contains:
- Thorough analysis of consumer trends, and changing economic and population factors of the country.
- Both qualitative and quantitative insights of the changing furniture and floor coverings retail dynamics across various product categories and retail channels; with in-depth analysis of 2 product categories and 9 retail channels, until 2019
- An overview of key retailers operating across the product segment and their presence across channels
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The Italian furniture market is the second highest in volume in Europe. The retail market for furniture and floor coverings recorded sales of EUR17.7 billion in 2014, which is anticipated to observe a CAGR of -0.1% over the next five years, to reach EUR17.6 billion by 2019. However, the sector was a victim of economic uncertainties and recorded negative growth over the historic period. Reduced purchasing power will continue to have a negative impact on the sector.
Key Findings
- Home furniture and homewares retailers account for 89.4% of the total sales of furniture and floor coverings
- Furniture was the largest category with 70.8% within the group in 2014 and also remains as the largest category during the forecast period.
- Expectations of an increase in government support for the residential sector and continuing consumer interest in cheaper furniture will provide some growth opportunities to the furniture and floor coverings market.
- Online spending on furniture and floor coverings is anticipated to grow at a CAGR of 21.9% in 2014-2019.
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Synopsis
“Furniture and Floor Coverings Retailing in Italy- Market Summary and Forecasts” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2019.
What else does this report offer?
- A thorough analysis of consumer trends changing economic and population factors
- Both qualitative and quantitative insights and analysis of the shifting furniture and floor coverings retail dynamics for floor coverings and furniture from 2009 to 2019
- Sales of furniture and floor coverings products through the following channels from 2009 to 2019: Home furniture and homewares retailers; hypermarkets, supermarkets and hard-discounters; online; department stores; value, variety stores and general merchandise retailers; home improvement and gardening supplies retailers; other general and non-specialist direct retailers; cash and carries and warehouse clubs; other specialist retailers
- An overview of key furniture and floor coverings retailers operating across Italy and their presence across distribution channels
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