global home office furniture market 2015-2019
TRANSCRIPT
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Global Home Office Furniture Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “The rise in home businesses has created more demand for home office furniture. The cost associated with setting up a home office and operating a business from home is relatively low. Countries worldwide are also taking the initiative to encourage and support startups. They are offering programs with easy accessibility to funds and loans at low interest rates.”
• The concept of home offices soared while the world was dwindling in financial crunch during 2008-2009 and the Eurozone debt crisis in 2011-2012. The demand for home office furniture increased worldwide, especially in the Americas and European countries. The increased penetration of desktop computers demands for respective furniture set up that includes at least a chair and a desktop table. Besides being used as an office, home offices are used for other purposes.
• Technavio's analysts forecast the global home office furniture market to grow at a CAGR of 5.58% during the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global Home Office Furniture Market 2015-2019
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Vendors
To understand the vendor landscape and for a full list of
vendors view our report:
Global Home Office Furniture Market 2015-2019
Ashley
IKEA
Sears Holdings
Ashley is one of the leading home furniture companies in the US. It is principally involved in the production of home furnishing products, including bedroom furniture and bedding, upholstery, living room sets, wood furniture, recliners, and other mobile furniture.
IKEA, founded in 1943, is headquartered in Leiden, Netherlands. It is a leading manufacturer, distributor, and retailer of furniture and home décor products.
Sears Holdings was founded in 2005 through the merger of Kmart and Sears. The company is headquartered in Hoffman Estates, Illinois, US. It is one of the largest retailers in the US.
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Market Landscape
• The global furniture industry has been growing.
• Rising populations, an increasing number of single-family dwellings, and the booming real estate industry are contributing to the growth of this industry.
• An increase in the demand for premium and luxury furniture and the growing demand for new furniture styles and designs are also driving the industry.
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Key Buying Criteria
• Authenticity • Delivery • Price• Service
Support
Parameters Details
Cost Home businesses have low start-up costs and thus home office furniture should be affordable.
Brand End-users prefer branded furniture over non-branded ones.
Design Furniture should be aesthetically appealing.
Performance The furniture should be durable and multifunctional.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Home Office Furniture Market 2015-2019
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