Global Second Hand Home Furnishing Accessories Market Report 2018: Market Reached USD 4.9 Billion in 2017 and is Expected to Reach USD 7.2 Billion by the End of 2025

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Dec 11, 2018, 09:00 ET

DUBLIN, Dec 11, 2018 /PRNewswire/ --

The "Global Second Hand Home Furnishing Accessories Market Outlook 2025" report has been added to ResearchAndMarkets.com's offering.

The global second hand home furnishing accessories market reached USD 4,923.0 Million in 2017 by registering a CAGR of 5.0% across the globe. Moreover, the market is expected to garner USD 7,206.3 Million by the end of 2025.

The global demand for second hand home furnishing accessories is increasing due to massive growth of urbanization in developing countries generating a demand for durable and aesthetically appealing home furnishing goods within a limited budget.

North America is slated to account for a share of 25.5% by 2025 in the second hand home furnishing accessories market. The growth in the region can be attributed to easy availability of second hand goods along with changing consumer behavior as they can avail minimally used products at a much lower price point to meet their furnishing needs.

Additionally, U.S. second hand home furnishing accessories market reached USD 1,018.8 Million in 2017 and is expected to reach USD 1,506.8 Million by the end of 2025, expanding at a CAGR of 5.1% over the forecast period i.e. 2018-2025. U.S. second hand home furnishing accessories market is expected to achieve Y-o-Y growth rate of 5.6% in 2025 as compared to previous year.

Europe market is expected to expand at a CAGR of 4.4% during the forecast period i.e. 2018-2025. Europe second hand home furnishing accessories market is projected to reach to a valuation of USD 1,405.2 Million by the end of 2025 from USD 1,004.3 Million in 2017. Europe second hand home furnishing accessories market is expected to mark 4.9% growth rate in 2025. Germany is the prominent market driving the growth in the region.

Germany is projected to grab 26.7% market share in global second hand home furnishing accessories market by the end of 2025. Further, Germany second hand home furnishing accessories market is expected to grow at a CAGR of 5.0% over the forecast period. Moreover, the market of second hand home furnishing accessories in Germany is expected to achieve Y-o-Y growth rate of 5.6% in 2025 as compared to previous year.

Asia Pacific market has taken up the largest share in the market with 37.1% in the year 2017 and is also growing with the highest CAGR of 5.6% over the forecast period (2018-2025). Global second hand home furnishing market is segmented on the basis of type into textiles, window coverings, lamps, kitchen products and others. Among these segments, textiles segment (40.5% share in 2017) occupies the largest market of second hand home furnishing across the globe.

Further, global textiles market for second hand home furnishing accessories market is anticipated to reach USD 2,935.4 Million by the end of 2025 from USD 1,993.4 Million in 2017. Moreover, this segment is anticipated to flourish at a CAGR of 5.0% over the forecast period. Window coverings segment is expected to grow at the highest CAGR of 5.4% over the forecast period. This can be attributed to their higher durability and increasing consumer preference for these products due to the relatively lower hygiene constraints associated with their usage.

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Risk Analysis
3.1. Demand Risk Analysis
3.2. Supply Risk Analysis

4. Top Countries with Highest demand for Second Hand Home Furnishing Accessories Market - By Region

5. Global Second Hand Home Furnishing Accessories Market Size (USD Million) and Forecast, 2017-2025

6. Market Dynamics & Its Impact Analysis
6.1. Growth Drivers
6.2. Challenges
6.3. Trends
6.4. Opportunities

7. Global Second-Hand Home Furnishing Accessories Market Segmentation Analysis
7.1. By Type Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.1.1. Textile Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.1.1.1. Bath Textile
7.1.1.2. Bed Textile
7.1.1.3. Kitchen and Dining Textile
7.1.1.4. Living Room Textile
7.1.1.5. Rugs
7.1.2. Windows Covering Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.1.3. Lamps Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.1.3.1. Incandescent Lamps
7.1.3.2. Linear Fluorescent Lamps (LFL)
7.1.3.3. Compact Fluorescent Lamps (CFL)
7.1.3.4. Light-Emitting Diode Lamps (LED)
7.1.3.5. Lighting Fixtures
7.1.4. Kitchen Products Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.1.4.1. Beverage-ware
7.1.4.2. Cutlery
7.1.4.3. Dinnerware
7.1.4.4. Ovenware
7.1.4.5. Stove Top Cookware
7.1.4.6. Food Storage
7.1.4.7. Kitchen Utensils
7.1.5. Others Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.1.6. Market Attractiveness By Type
7.1.7. BPS Analysis By Type
7.2. By Distribution Channel Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.2.1.1. Online Store Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.2.1.2. Offline Store Market Size (USD Million) & Y-O-Y Growth Analysis (%), 2017-2025
7.2.1.3. Market Attractiveness By Distribution Channel
7.2.1.4. BPS Analysis By Distribution Channel
7.3. By Region Market Size (USD Million), Y-O-Y Growth & Share Analysis (%), 2017-2025

8. Porter's Five Force Model Analysis

9. Analyst's Recommendation

For more information about this report visit https://www.researchandmarkets.com/research/jj4r3q/global_second?w=5

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