Industry Analysis & Industry Trends
Industry operators retail a range of home furnishing products online, including curtains, blinds, shades, floor coverings and decorative accessories. The industry has sustained robust growth over the past five years, primarily boosted by generally upbeat consumer sentiment and growth in real household disposable income. The rapid growth in online connectivity has boosted the industry over the past five years, as consumers increasingly gravitated online to search for a range of home furnishing items. Industry revenue is forecast to rise by an annualised 7.7% in the five years through 2014-15. This includes a forecast growth rate of 7.9% in 2014-15, to bring revenue to $169.1 million... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Online Home Furnishing Sales industry is characterised by a number of highly diverse industry operators. The majority of industry operators are online retailers of home and office furniture, offering home furnishing products as a means to decorate and outfit consumer homes. As a result, IBISWorld expects that it is difficult for any independent operator to gain significant economies of scale in the sale of home furnishings. The top four players in the industry are anticipated to account for significantly less than 40% of industry revenue, with this not expected to change over the coming years.
Additionally, many home furnishing items are offered on a discount or complimentary with the purchase of a big-ticket piece of furniture... purchase to read more