"The Report Furniture and Floor Coverings Retailing in China- Market Summary & Forecasts: Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
Albany, NY -- (SBWIRE) -- 06/03/2016 -- Description
The Retail Market for Furniture and Floor Coverings is forecast to experience an annual growth of 13.09% over the forecast period. The market is anticipated to have a share of 3.3% in total retail sales by 2020. Factors such as rapid economic development, increasing urbanization, and changing lifestyles will continue to create more growth opportunities. Increasing household disposable incomes and improving living conditions are expected to drive per capita spending with a CAGR of 12.5% over the next five years (2015-2020).
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Home furniture and homeware retailers, department stores, hypermarkets, supermarkets, and hard discounters are the major sales channels for furniture and floor coverings.
A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailers expansion plans in tier lll and tier lV cities will drive further growth
Home furniture and homeware retailers contribute 76.4% of spending on furniture and floor coverings in 2015.
The share of online spending on overall furniture and floor coverings is forecast to reach 11.9% by 2020
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Furniture and Floor Coverings Retailing in China Market Summary & Forecasts is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.
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 2010 to 2020
Sales of furniture and floor coverings products through the following channels from 2010 to 2020: 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 China and their presence across distribution channels
Reasons To Buy
Gain a comprehensive knowledge on furniture and floor coverings sector in the China retail market and develop a competitive advantage from the start of your supply chain
Investigate current and forecast behavior trends in furniture and floor coverings category to identify the best opportunities to exploit
Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behavior
Understand the fastest growing categories including floor coverings and furniture, with insights on performance across key channels from 2010, with forecasts until 2020
Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the furniture and floor coverings market
Analysis of key international and domestic players operating in the furniture and floor coverings market including store counts and revenues that give you a competitive edge - identify opportunities to improve your market share
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