European Homeware and Home Furnishings Market: Size & Forecast Analysis of COVID-19 (2021-2025)
The key players of the homeware and home furnishings market are IKEA, Steinhoff International Holdings, JYSK, Bassett and Roche Bobois group are also profiled with their financial information and respective business strategies.
By: Daedal Research
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall homeware and home furnishings market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Steinhoff International Holdings
Homeware are products which effortless top move and replace, and comprises of products that are not strictly functionally required in a decorated place. Homeware products comprise of curtains, pillows, tablecloths and aesthetic craft items, aesthetic wrought iron among others. These products are mostly used in indoor furnishings and layout which can include cloth items, wall hangings and planters.
Home furnishing items or goods are used to furnish a home, including both furniture and things used to decorate the home and make it more hospitable. Home furnishing products include, door mats, rugs, bath linen, bed covers, comforters, etc. European Home Furnishings market can be segmented on the basis of product home furniture, floor coverings and wall décor and home textile.
European homeware and home furnishings market has increased significantly during the years 2016-2019, in 2020, the market declined due to COVID-19 and projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously.
The COVID-19 pandemic had a mixed effect on the European homeware and home furnishings market. It negatively affected the market in 1st and 2nd quarter but the market picked up in 3rd and 4th quarter.
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