Furniture and Floor Coverings Retailing in China – Market Summary & Forecasts

Date: 2015-08

“• The retail market for furniture and floor coverings is forecast to experience an annual growth of 15.3% over the forecast period.

• Despite sluggish economic conditions, retail sector registers a significant growth

• A rising middle class with increased disposable income and altering lifestyles are driving retail demand and retailer’s expansion plans in tier lll and tier lV cities will drive further growth

• Online platform will be a key channel for retailing over the next five years

• The share of online spending on overall furniture and floor coverings is forecast to reach 9.73% by 2019”


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