Careers in the Home Furnishings Industry
Furniture is a term used to describe any movable object, primarily for support. It can also serve as a storage facility and holds objects at convenient heights for working. The most common kinds of furnishings are couches, tables, beds, and cabinets. However, if you want to improve your home’s interior design, you may want to think about incorporating a designer touch. Read on to discover the best home furnishings for your needs.
Interested in advancing your business? Consider joining the Home Furnishings Association (HFA), the nation’s only trade association dedicated to home furnishings retailers. Founded in 1920, the association is comprised of more than 1,400 home furnishings retail members representing 7,000 storefronts. The HFA’s mission is to help retailers stay on top of changes, keep their stores running efficiently, and create opportunities to connect at industry markets and delight customers.
Whether you’re looking for a brand new sofa or an elegant chair, a college degree in home furnishings will help you land a job in this fast-growing industry. As the world of home furnishings grows in sophistication and diversity, so too does the demand for new products. Whether you’re a seasoned home furnishing pro or a startup specializing in home accessories, a career in the home furnishings industry can help you build a successful business.
In addition to furniture, home furnishings include accessories such as area rugs, wall hangings, drapes, and art. The latter category is broad, and includes everything that decorates a home. Nevertheless, some people confuse home furnishings with furniture, and a sectional sofa may qualify as home furnishings. Therefore, it’s important to know the difference between the two. When choosing home furnishings, take into consideration the purpose for which you want them.
The industry contains a large number of subsectors, including furniture and home furnishings stores. Miscellaneous home furnishings stores fall under Industry 5719. These stores sell everything from china and glassware to linen and bedding. Some even provide interior decorating services. Employment data for this sector is based on establishment surveys and employer surveys. The most recent annual and hourly earnings for this industry are shown in the table below. For each industry, you can find employment and wage projections.
Ecommerce is growing, and home furnishings are no exception. Last year, ecommerce accounted for 14% of the industry’s revenue. It is expected to reach 20% in North America by 2020, and 23% in the United States by 2023. Home goods have a fragmented market and a low saturation rate, with only 11 major brands commanding up to 55% of the market. Despite this, there is still room for disruption.
Home furnishings are essential for the overall look and feel of a home. Consider adding some character with home decor, including decorative items such as throws and pillows. A fireplace can add warmth to a room. Purchasing home decor is an investment in your home, but it can be costly. It is essential to research the needs of each room before choosing your new furnishings. Once you determine your needs, you can begin shopping. You can also add some fun accessories to your home decor, such as a decorative wall hanging or an area rug.