U.S. Online Residential Furniture Market Valueembed
The U.S. online residential furniture market is expected to reach USD 28.74 billion by 2024.
Your Catalyst To a Lucrative Business U.S. Online Residential Furniture Market Size, Share, Analysis, Growth, Trends, Outlook and Forecasts to 2024 | Hexa Research " The U.S. online residential furniture market size was valued at USD 16.5 billion in 2016 and is expected to grow till 2024." 6 September 2018 The U.S. online residential furniture market is expected to reach USD 28.74 billion by 2024 and is projected to grow over the forecast period from 2017 to 2024. Growth in the market has been attributed to the stability of the real estate sector. Home sales in the U.S. have moved northwards, and with the favorable macroeconomic environment, consumers have started investing in associated home essentials including furniture. Among the various consumer groups, millennials lead the pack in the online residential furniture market. Millennials are well-versed with digital devices and are aware of various online platforms, which coupled with their propensity to explore and compare furniture online, places them as one of the key consumer groups in the market. In addition, millennials make their presence active on social networking platforms and are keen on online purchases, which makes them even more receptive of the online residential furniture market. Operational challenges, mainly related to order fulfillment continues to be a key aspect which tends to affect their top line. To that end, unexpected delay, damaged product delivery, and an increase in service ch arges by order fulfillment companies remain key challenges. For instance, in 2016, companies such as UPS and FedEx increased their handling fee for bulky products to suffice for the space these products take in delivery vehicles. Living room segment dominated online residential furniture market in 2016. Among the various furniture in the living room, sofa remains the key product category consumers spend mainly on. Browse Details of Report @ https://www.hexaresearch.com/research-report/us-online-residential-furnituremarket Follow Us: Your Catalyst To a Lucrative Business In 2016, wood furniture commanded a significant share of the market. Consumers prefer wood fur niture because it optimizes investment by enhancing the aesthetics of the living room, is durable, easy to maintain, and can be refinished to give it a fresh look towards the end of its active life. Prominent players are investing in research & development activities, and mergers & acquisitions. Hexa Research has segmented the U.S. online residential furniture market based on Material and Use: Segmentation by Material, 2014 - 2024 (USD Billion) • Wood • Metal • Leather • Others Segmentation by Use, 2014 - 2024 (USD Billion) • Living room • Bedroom • Dining & kitchen • Others Key Players Analyzed • Williams-Sonoma • Wayfair • Amazon • IKEA • Ashley HomeStores Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/consumergoods-industry Follow Us: Your Catalyst To a Lucrative Business Table of Content of U.S. Online Residential Furniture Market Chapter 1. Market Summary 1.1. Market trends & movement Chapter 2. U.S. Online Residential Furniture Market Trends: Drivers & Opportunities 2.1. Introduction 2.2. Key industry trends 2.3. Market drivers 2.4. Market restraints 2.5. Supply chain analysis 2.6. Porter's Five Forces analysis 2.7. SWOT Chapter 3. U.S. Online Residential Furniture Market Trends, By Material 3.1. U.S. online residential furniture market movement, by material, 2016 & 2024 3.1.1. Wood 220.127.116.11. Market estimates and forecast, 2014 - 2024 (USD Billion) 3.1.2. Metal 18.104.22.168. Market estimates and forecast, 2014 - 2024 (USD Billion) 3.1.3. Leather 22.214.171.124. Market estimates and forecast, 2014 - 2024 (USD Billion) 3.1.4. Others 126.96.36.199. Market estimates and forecast, 2014 - 2024 (USD Billion) Chapter 4. U.S. Online Residential Furniture Market Trends, By Use 4.1. U.S. Online Residential Furniture market movement, by use, 2016 & 2024 4.1.1. Living room 188.8.131.52. Market estimates and forecast, 2014 - 2024 (USD Billion) 4.1.2. Bedroom 184.108.40.206. Market estimates and forecast, 2014 - 2024 (USD Billion) 4.1.3. Dining & kitchen 220.127.116.11. Market estimates and forecast, 2014 - 2024 (USD Billion) 4.1.4. Others 18.104.22.168. Market estimates and forecast, 2014 - 2024 (USD Billion) Chapter 5. Competitive Landscape 5.1. Competitive landscape analysis, 2016 5.2. Strategic framework 5.3. Potential customer base concentration 5.4. Company market positioning 5.5. Company profiles 5.5.1. Williams-Sonoma 22.214.171.124. Company Overview 126.96.36.199. Product Benchmarking Follow Us: Your Catalyst To a Lucrative Business 188.8.131.52. Financial Performance 184.108.40.206. Recent Initiatives 5.5.2. Wayfair 220.127.116.11. Company Overview 18.104.22.168. Product Benchmarking 22.214.171.124. Financial Performance 126.96.36.199. Recent Initiatives 5.5.3. Amazon 188.8.131.52. Company Overview 184.108.40.206. Product Benchmarking 220.127.116.11. Financial Performance 18.104.22.168. Recent Initiatives 5.5.4. IKEA 22.214.171.124. Company Overview 126.96.36.199. Product Benchmarking 188.8.131.52. Financial Performance 184.108.40.206. Recent Initiatives 5.5.5. Ashley HomeStores 220.127.116.11. Company Overview 18.104.22.168. Product Benchmarking 22.214.171.124. Financial Performance 126.96.36.199. Recent Initiatives 5.5.6. List of other vendors Chapter 6. Methodology and Scope 6.1. Research methodology 6.2. Research Scope & Assumptions 6.3. List of data sources Follow Us: Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: [email protected] Website - https://www.hexaresearch.com Follow Us: