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Just the Stats: Entertainment furniture

Furniture/Today Market Research -- Furniture Today, May 16, 2011

Entertainment furniture retail sales
 

2010 estimated spending in $billions

2009 estimated spending in $ billions

% growth from 2009

% of 2010 total industry sales

Entertainment furniture
$5.4
$5.2
3.7%
7%
Source:  Easy Analytic Software and Furniture/Today market research

Entertainment furniture in furniture stores
  • Accounted for 4% of furniture store sales for fiscal year 2009.
  • Accounted for 4% of selling space in furniture stores in 2009.
  • Median SKUs, 18, and median number of lines, 4.
  • Median best-selling price point, $499.
Source:  Furniture/Today Furniture Store Performance Report: Merchandise Mix, 2010

Consumers and entertainment furniture
  • Nine out of 10 responding consumers cited the entertainment piece's style/look/design as an important feature.
  • 87% of consumers want storage to house other equipment in their entertainment piece.
  • 77% of consumers want storage to hold DVD's, CD's in a new entertainment piece.
  • 61% of consumers choose an entertainment furniture retailer based on competitive prices.
  • 13% of online home furnishings buyers purchase entertainment furniture.
Source: Furniture/Today and HGTV's The 2010 Consumer Survey, 2009 and Furniture/Today and HGTV Consumer Views Survey, 2008 and 2009

To purchase full copies of the special reports referenced above, click on the links below.
Entertainment Centers product potential report, December 2010
Furniture Store Performance Report: Merchandise Mix, September, 2010
Furniture/Today and HGTV's The 2010 Consumer Survey, December, 2009
Consumer views: The Internet, October, 2009
Consumer views: Spotlight on entertainment, October 2008
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