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% |
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.
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.
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
-
Just the Stats: Entertainment furniture
Dec 1, 2010
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