Furniture and Floor Coverings Retailing in Asia-Pacific, 2014-2019 : Market Dynamics, Retail Trends, and Competitive Landscape

 Published On: Oct, 2015 |    No of Pages: 38 |  Published By: Conlumino | Format: PDF
Request Free Sample

Summary

Asia-Pacific is the fastest growing region across the global Furniture and Floor Coverings retail market. China is the largest market for Furniture and Floor Coverings in the region, and will continue to hold its position driven by improved living conditions, household disposable incomes and initiatives to increase homeownership. Along with China, India and Indonesia are expected to grow at a higher CAGR over next five years. A key trend observed in the region was increasing number of online retailers foraying into furniture retail segment.

Key Findings

• China is the largest and fastest growing market in the region for Furniture and Floor Coverings, which is expected to surpass US$200 billion in sales by 2019

• Home furniture and homewares retailers continues to be the major channel for Furniture and Floor Coverings, with a share of 78.6% in the total Furniture and Floor Coverings sales in the region

• Online is the fastest growing channel in the region with its sales expected to grow at a CAGR of 34.9% during 2014-2019

• Japan will continue to be the second largest retailer in the region but is expected to grow at a meagre CAGR of 1.9%

Synopsis

The “Furniture and Floor Coverings Retailing in Asia pacific, 2014-2019” report, published by Conlumino, provides analysis of current and forecast market data for retail sales in different channels in the Furniture and Floor Coverings category across the Asia Pacific.

What else does this report offer?

• Current market sizes and forecasts for 2019 by country with an assortment of charts that ranks countries based on market size, growth rate, value growth and channel sales

• Market insights based on consumer trends, and changing economic and demographic factors on regional and country basis

• Retail sales and fastest-growing markets for the category group and further breakdown for individual sub-categories: Furniture as well as Floor coverings

• Qualitative and quantitative insights of changing Furniture and Floor Coverings’ retail dynamics across various channels Retail sales, market share, and growth rate of channels included: home furniture and homewares retailers, hypermarkets, supermarkets and hard-discounters, department stores, online, home improvement and gardening supplies retailers, value, variety stores and general merchandise retailers, and cash and carries and warehouse clubs

Reasons To Buy

• Get accurate and reliable retail sales data of 12 largest Furniture and Floor Coverings markets in Asia Pacific: Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea and Thailand for 2014 and forecast for 2019 to identify the largest and fastest-growing market and to discover profitable markets for expansion/entry

• Explore an in-depth analysis of retail sales data by channels to spot leading channels in Furniture and Floor Coverings retail space and develop strategies for specific channels

• Gain access to retail sales data at sub-category level across the region to target key markets for each sub-categories and to analyze their current and future growth prospects

• Learn from consumer insights and retail trends and define your strategies based on the need of consumers and retail landscape in the country

• Make country level comparisons to effectively target new revenue streams and align your marketing strategies with the crucial trends influencing consumer behavior

• Track competitive landscape based on the information about store count and latest developments for key Furniture and Floor Coverings retailers in the region

Table of Contents

Global Summary
Global* furniture and floor coverings market to mark US$692.7 billion retail sales in 2019
China is set become the world’s largest furniture and floor coverings market by 2019
Furniture sub-category sales contribute major share in global furniture and floor coverings sales.
Across the globe, retailers are taking initiatives to increase their online presence, while online retailers are adopting innovative methods to cater tangibility issue
Snippets of retail trends in Asia-Pacific
China, followed by India and Indonesia, is the fastest growing markets in the region
Japanese home and garden market weakened by slow economic recovery and low household income
Chinese furniture and floor coverings market is being benefited from rapid urbanization and changing lifestyles
Online specialist retailers are making inroads in Indian furniture and floor coverings market
Asia-Pacific: Furniture and Floor Coverings Retail Market
Asia-Pacific furniture and floor coverings markets by value 2014 & 2019 (US$ bn)
Asia-Pacific furniture and floor coverings share of total retail sales, 2009 (%) and 2019 (%)
Asia-Pacific furniture and floor coverings markets by growth, 2014-2019 (CAGR %)
Furniture and floor coverings total retail sales breakdown, 2009, 2014 & 2019 (%)
Top five markets by each product category
Sub-category level sales for individual markets
Top three largest and fastest growing channels in fastest growing markets
Share and growth of channels and top five countries in each channel
Major furniture and floor coverings retail trends and major retailers operating in Asia-Pacific region
Retail innovations in the region

List of Figures

Asia-Pacific furniture and floor coverings markets by value, 2014 & 2019 (US$ bn)
Share of each country in the Asia-Pacific furniture and floor coverings market, 2014 (%)
Share of each country in the Asia-Pacific furniture and floor coverings market, 2019 (%)
Asia-Pacific furniture and floor coverings share of total retail sales, 2009 (%)
Asia-Pacific furniture and floor coverings share of total retail sales, 2019 (%)
Furniture and floor coverings total retail sales breakdown, 2009, 2014 & 2019 (%)
Furniture and floor coverings total retail sales breakdown, 2009, 2014 & 2019 (US$ bn)
Top five markets by furniture, 2014-2019 (US$ bn)
Top five markets by floor coverings sales, 2014-2019 (US$ bn)
Sub-category level sales across Asia-Pacific
Asia-Pacific furniture and floor coverings markets by growth, 2014-2019 (CAGR %)
Top three largest and fastest growing channels
Asia Pacific channel share in 2014 and growth rate, 2014-2019 (CAGR, %)
Top five markets for home furniture and homewares retailers, 2014-2019 (US$ bn)
Top five markets for department stores, 2014-2019 (US$ bn)
Top five markets for hypermarkets, supermarkets and hard-discounters, 2014-2019 (US$ bn)
Top five markets for home improvement and gardening supplies retailers, 2014-2019 (US$ bn)
Top five markets for online, 2014-2019 (US$ bn)
Top five markets for value, variety stores and general merchandise retailers, 2014-2019 (US$ bn)
Top five markets for cash and carries and warehouse clubs, 2014-2019 (US$ bn)
Top five markets for other general and non-specialist direct retailers, 2014-2019 (US$ bn)
Top five markets for other specialist retailers, 2014-2019 (US$ bn)
Top five markets for convenience Stores (including independents) and gas Stations, 2014-2019 (US$ mn)

If the above report does not have the information suitable for your business, we can provide custom research that can be lucrative for your business or enhance your profession.