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This 2007 Snapshots Report Gives an Instant Overview of the US Furniture Market, Covering Retail Sales of Furniture and Furniture Store Sales.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c64344) has announced the addition of Snapshots US Furniture 2007 to their offering.

Snapdata's Snapshots US Furniture 2007 provides 2005 year-end market size data, with 2006 estimates, 4 years of historical data and five-year forecasts. The Snapshots report gives an instant overview of the US furniture market, and covers retail sales of furniture and furniture store sales and includes upholstered furniture, bedroom furniture, living-room furniture, dining-room furniture Noun 1. dining-room furniture - furniture intended for use in a dining room
dining-room table - dining-room furniture consisting of a table on which meals can be served
, kitchen furniture, book cases, wall units and desks, nursery and bathroom furniture, outdoor furniture, metal and other furniture and springs, mattresses, bases and frames. It does not include contract or office furniture. Market value is based on sales. The data is supplied in both graphical and tabular tab·u·lar
adj.
1. Having a plane surface; flat.

2. Organized as a table or list.

3. Calculated by means of a table.



tabular

resembling a table.
 format for ease of interpretation and analysis. The Snapshots US Furniture 2007 forms part of Snapdata's Furnishing industry coverage.

Snapshots Report Overview:

Executive Summary

The Executive Summary within a Snapshots report outlines the main findings of the report (market size, market shares and market forecasts)

Market size

Market size is the measure of the total value or volume of a particular product sold in a particular length of time. In our case it is the total amount of the market covered by a title in the last whole year, for example, in UK Beer 2005, all the beer consumed con·sume  
v. con·sumed, con·sum·ing, con·sumes

v.tr.
1. To take in as food; eat or drink up. See Synonyms at eat.

2.
a.
 in the UK in 2004. The aim of the report is to tell how much of the product was consumed in the country discussed by value and by volume.

Market Segmentation Market Segmentation

A marketing term referring to the aggregating of prospective buyers into groups (segments) that have common needs and will respond similarly to a marketing action.
 

Market Segmentation is a segmentation of the market by key product categories, ideally by value and volume. For example: the yoghurt yogurt, yoghurt

a form of curdled milk produced by fermentation with organisms of the genus Lactobacillus. Used in the treatment of convalescing calves and other young animals after attacks of diarrhea.
 market can be segmented into: drinking yoghurt, flavoured adj. 1. same as flavored; - of foods.  yoghurt and natural yoghurt.

Market Share

Market Share is the share of each competitor in the market place and can be expressed in value or volume terms.

Market Share by Volume - each competitor's share of the total Market Volume

Market Share by Value - each competitor's share of the total Market Value

Distribution

This measure of the market relates to the different distribution channels to market for each product. The distribution can include the following channels

Consumer Goods consumer goods

Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and
 example:

Supermarket

Hypermarket hy·per·mar·ket  
n.
A very large commercial establishment that is a combination of a department store and a supermarket.


hypermarket
Noun

a huge self-service store [translation of French
 

Discount Store

Corner shop

Internet

Etc

Socio-Economic data

The key socio-economic indicators in each report will be:

Size of population

GDP GDP (guanosine diphosphate): see guanine.  - Gross Domestic Product

Inflation rate

Exchange rate

Forecasts

All market forecasts are based on statistical forecasting techniques based on historic performance (linear extrapolation (mathematics, algorithm) extrapolation - A mathematical procedure which estimates values of a function for certain desired inputs given values for known inputs.

If the desired input is outside the range of the known values this is called extrapolation, if it is inside then
 of the market size, based on the five-year historical growth). These statistical tools are supplemented with qualitative parameters such as: industry expectation/opinion. Socio-economic drivers, new product development, technological advances, expected levels of market saturation In economics, "market saturation" is a term used to describe a situation in which a product has become diffused (distributed) within a market; the actual level of saturation can depend on consumer purchasing power; as well as competition, prices, and technology.  etc.

Further Sources

In this section we include important websites such as trade bodies or trade associations relevant to the market. All sources whose data we have used in the report and who have given us permission to use their data are represented here.

All secondary sources in local and global languages are scoured scour 1  
v. scoured, scour·ing, scours

v.tr.
1.
a. To clean, polish, or wash by scrubbing vigorously: scour a dirty oven.

b.
, from government statistics to trade magazines. As the Snapdata model is unique as a product and non-competitive to specialist publishers, the company has also been able to develop strong relationships with companies such as Gartner and ACNielsen, who provide secondary data points to cross check research.

Snapdata aims for 3 to 4 data points for each table, and no secondary data point will be used without written permission from the original source, which not only verifies the quality, but also provides the integrity to use the data. Once all secondary sources have been exhausted, the language specialist researcher will then complete semi-structured telephone interviews with the major companies in the industries to cross check and verify (1) To prove the correctness of data.

(2) In data entry operations, to compare the keystrokes of a second operator with the data entered by the first operator to ensure that the data were typed in accurately. See validate.
 all data available.

Benefits of the Snapshots Reports

The Snapdata product range is designed to save time for clients by providing an industry data overview, market size, shares and forecasts; verified ver·i·fy  
tr.v. ver·i·fied, ver·i·fy·ing, ver·i·fies
1. To prove the truth of by presentation of evidence or testimony; substantiate.

2.
 with full sourcing.

Easy to search, quick to access, and clear and concise to use: Snapdata reports can save 40% of resources in those early stages of a project. Sometimes just a report from the Snapshots Series is all that is required for an internal client's first request. But when the project develops, the reports also help your internal research team prepare a fuller picture for their end-users utilizing the further sources provided in each report for industry drivers and analytical analytical, analytic

pertaining to or emanating from analysis.


analytical control
control of confounding by analysis of the results of a trial or test.
 information, enabling them to provide a more detailed document based on solid figures but tailored to the end-users' requests.

Content Outline:

Page 3 - Snapshots Executive Summary

Page 4 - Category Definitions

Page 5 - Market Size by Value (2002-2006)

Page 6 - Market Segmentation by Value

Page 7 - Market Shares (Retailers) by Value (2005)

Page 8 - Market Shares (Retailers) by Value (2005)

Page 9 - Market Shares (Suppliers) by Value (2005)

Page 10 - Company Details (Company websites)

Page 11 - Retail Sales of Furniture

Page 12 - Market Forecast by Value (2007-2011)

Page 13 - Socio-Economic Data for US

Page 14 - Snapshots Sources for Further Research

Companies Mentioned:

- Rooms T

- Wal-Mart

For more information visit http://www.researchandmarkets.com/reports/c64344
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Business Wire
Date:Jul 31, 2007
Words:838
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