Product Code: ETC016791 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Sri Lanka home furnishings market is expected to reach USD 77.02 million by 2026, registering a CAGR of 8.9% during the forecast period 2020-2026. Growing demand for modern furniture and fixtures among consumers has been driving the growth of the industry in recent years. Moreover, increasing urbanization across Sri Lanka along with rising disposable incomes is also contributing to an upsurge in demand for decorative home furnishings such as carpets, curtains, and wall decorations among others. Furthermore, introduction of various online platforms offering discounts on purchases further increases affordability which consequently boosts consumer spending towards interior decoration products thereby propelling market growth over the coming years
Moreover, growing popularity of DIY projects among homeowners coupled with availability of various readymade solutions offered at competitive prices are other significant factors that are predicted to augment industry expansion over the forecast duration. Additionally, presence of leading international players such as IKEA and Home Centre who offer high quality yet affordable furnishing products are also estimated to fuel product adoption across both residential and commercial sectors thus positively influencing Sri Lanka`s home furnishing market outlook during 2020-2026
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka Home Furnishings Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Home Furnishings Market Revenues & Volume, 2019 & 2026F |
3.3 Sri Lanka Home Furnishings Market - Industry Life Cycle |
3.4 Sri Lanka Home Furnishings Market - Porter's Five Forces |
3.5 Sri Lanka Home Furnishings Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Sri Lanka Home Furnishings Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Sri Lanka Home Furnishings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Home Furnishings Market Trends |
6 Sri Lanka Home Furnishings Market, By Types |
6.1 Sri Lanka Home Furnishings Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Home Furnishings Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Sri Lanka Home Furnishings Market Revenues & Volume, By Home furniture market, 2016 - 2026F |
6.1.4 Sri Lanka Home Furnishings Market Revenues & Volume, By Home textiles market, 2016 - 2026F |
6.1.5 Sri Lanka Home Furnishings Market Revenues & Volume, By Floor coverings market, 2016 - 2026F |
6.2 Sri Lanka Home Furnishings Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Home Furnishings Market Revenues & Volume, By Offline Retail, 2016 - 2026F |
6.2.3 Sri Lanka Home Furnishings Market Revenues & Volume, By Online Retail, 2016 - 2026F |
7 Sri Lanka Home Furnishings Market Import-Export Trade Statistics |
7.1 Sri Lanka Home Furnishings Market Export to Major Countries |
7.2 Sri Lanka Home Furnishings Market Imports from Major Countries |
8 Sri Lanka Home Furnishings Market Key Performance Indicators |
9 Sri Lanka Home Furnishings Market - Opportunity Assessment |
9.1 Sri Lanka Home Furnishings Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Sri Lanka Home Furnishings Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Sri Lanka Home Furnishings Market - Competitive Landscape |
10.1 Sri Lanka Home Furnishings Market Revenue Share, By Companies, 2019 |
10.2 Sri Lanka Home Furnishings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |