With a share of 4.76% in 2015 in the total retail sales, the Furniture and Floor Coverings market is set to witness a CAGR of 1.48% over the forecast period, to reach retail sales of EUR3.6 billion by 2020. The industry furniture and floor coverings market in Belgium is mostly dominated by the international players. Also, a large number of local shops offer variety of furniture and floor coverings in the form of wood and non-wood materials.

Key Findings

Home furniture and home wares retailers account for 84.6% of the total sales of furniture and floor coverings

Major cities around of branded retailers but the penetration into semi-urban and rural areas is dominated by local independent players.

Sales through online channel are gaining momentum and are expected to grow at a CAGR of 7.7% during 2015-2020.

Synopsis

“Furniture and Floor Coverings Retailing in Belgium-Market Summary & Forecasts” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2020.

What else does this report offer?

A thorough analysis of consumer trends changing economic and population factors

Both qualitative and quantitative insights and analysis of the shifting furniture and floor coverings retail dynamics for floor coverings and furniture from 2010 to 2020

Sales of furniture and floor coverings products through the following channels from 2010 to 2020: Home furniture and home wares retailers; hypermarkets, supermarkets and hard-discounters; online; department stores; value, variety stores and general merchandise retailers; home improvement and gardening supplies retailers; other general and non-specialist direct retailers; cash and carries and warehouse clubs; other specialist retailers

An overview of key furniture and floor coverings retailers operating across Belgium and their presence across distribution channels

Reasons To Buy

Gain a comprehensive knowledge on furniture and floor coverings sector in the Belgium retail market and develop a competitive advantage from the start of your supply chain

Investigate current and forecast behaviour trends in furniture and floor coverings category to identify the best opportunities to exploit

Analyze the recommended actions to align your marketing strategies with the crucial trends influencing the consumer behaviour

Understand the fastest growing categories including floor coverings and furniture, with insights on performance across key channels from 2010, with forecasts until 2020

Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the furniture and floor coverings market

Analysis of key international and domestic players operating in the furniture and floor coverings market-including store counts and revenues that give you a competitive edge identify opportunities to improve your market share

Source: https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/furniture-floor-coverings-retailing-belgium/37635-95.html

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Ken Research
Ankur Gupta, Head Marketing & Communications
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