Global Home Furnishings And Floor Coverings Manufacturing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material Type;

Home Furnishings and Floor Coverings.

By Price Point;

Mass and Premium.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn138956595 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Home Furnishings And Floor Coverings Manufacturing Market (USD Million), 2021 - 2031

In the year 2023, the Global Home Furnishings And Floor Coverings Manufacturing Market was valued at USD 126,903.46 million. The size of this market is expected to increase to USD 253,662.92 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.4%.

The global home furnishings and floor coverings manufacturing market encapsulates a vibrant and dynamic sector that caters to the ever-evolving needs and preferences of consumers worldwide. With an increasing emphasis on interior design, home décor, and lifestyle enhancement, this market plays a pivotal role in shaping the aesthetics and functionality of residential and commercial spaces alike. Home furnishings encompass a diverse range of products, including furniture, bedding, curtains, rugs, and decorative accessories, while floor coverings encompass various materials such as carpets, rugs, tiles, hardwood, and laminate flooring. Together, these segments form a multi-billion-dollar industry that thrives on innovation, design trends, and consumer demand.

The growth of the global home furnishings and floor coverings manufacturing market is driven by several factors, including urbanization, rising disposable incomes, changing consumer lifestyles, and the growing influence of e-commerce. Urbanization trends have led to an increase in housing construction and renovation activities, thereby fueling the demand for home furnishings and floor coverings. Additionally, as consumers seek to personalize their living spaces and create unique environments, there is a growing demand for innovative and aesthetically pleasing home décor products.

The advent of digital technologies and e-commerce platforms has transformed the way consumers shop for home furnishings and floor coverings. Online retail channels offer convenience, a wide range of choices, and personalized shopping experiences, thereby expanding the reach of manufacturers and driving market growth. Sustainability and eco-consciousness have emerged as significant trends in the home furnishings and floor coverings manufacturing market. Consumers are increasingly seeking products that are made from sustainable materials, produced using environmentally friendly processes, and ethically sourced. Manufacturers are responding to this demand by incorporating sustainable practices into their operations, offering eco-friendly product lines, and adopting transparent supply chain practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By Price Point
    3. Market Snapshot, By Region
  4. Global Home Furnishings And Floor Coverings Manufacturing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Urbanization and Housing Construction

        2. Disposable Income and Consumer Spending

        3. Interior Design Trends and Fashion

      2. Restraints
        1. Economic Uncertainty

        2. Rising Raw Material Costs

        3. Changing Consumer Preferences and Trends

      3. Opportunities
        1. Customization and Personalization

        2. Integration of Smart Home Technology

        3. Health and Wellness Trends

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Home Furnishings And Floor Coverings Manufacturing Market, By Material Type, 2021 - 2031 (USD Million)
      1. Home Furnishings

      2. Floor Coverings

    2. Global Home Furnishings And Floor Coverings Manufacturing Market, By Price Point, 2021 - 2031 (USD Million)
      1. Mass

      2. Premium

    3. Global Home Furnishings And Floor Coverings Manufacturing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Mohawk Industries, Inc.
      2. Ashley Furniture Industries, Inc.
      3. Berkshire Hathaway Inc.
      4. Tarkett S.A
      5. Masco Corporation
      6. Beaulieu International Group
      7. Gerflor SAS
      8. Interface Flooring Systems Inc.
      9. TOLI Corporation
      10. Balta Group NV
  7. Analyst Views
  8. Future Outlook of the Market