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The Global Home Furniture Market size is estimated to grow by USD 95.7 billion, accelerating at a CAGR of 4.72% between 2023 and 2028. The growth of the home furnishing market is influenced by several key factors. One major driver is the increasing availability of home furnishings online. The expansion of e-commerce platforms has made it easier for consumers to access a wide range of products from the comfort of their homes, boosting market growth. Additionally, advancements in the residential construction market play a significant role. As new housing developments and renovations increase, there is a rising demand for home furnishings to complement these new spaces. Moreover, growing consciousness among millennials about investing in home decor and attractive furnishings is shaping the market. This generation values personalized and stylish living environments, leading to higher spending on home furnishings and decor. Together, the enhanced online availability, the booming residential construction sector, and the millennial focus on home aesthetics are driving robust growth in the home furnishing market.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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