From January 22 to 26, 2017, the home furnishings industry convened once more for the Winter Las Vegas Market. As the only furniture market on the West Coast and one of the fastest-growing furnishings exhibitions in the western US, the Las Vegas Market is a biannual opportunity for furniture professionals to study and shop the latest trends, forge new partnerships, and develop their professional knowledge.
In recent years, this biannual destination for the global furniture and home-goods community has experienced a rapid increase in popularity. This year’s Winter Las Vegas Market was a record-breaking affair that welcomed an unprecedented crowd to an expanded space featuring global leaders in furniture retailing and design.
A Record-breaking Crowd
Attendance levels at the 2017 Winter Las Vegas Market left no doubt regarding the event’s status as the fastest-growing home furnishings destination in the western United States. The 2017 trade show was the largest Winter Market in the event’s 10-plus-year history, welcoming buyers from all 50 states and approximately 80 countries.
Attendance increased by multiple percentage points in several visitor categories, including a 3 percent increase in interior designers and a 13 percent increase in guests attending the market to buy gifts. Included within the market’s growing audience of designers was an influx of attendees within the furniture, home décor, tabletop, and gift exhibitor categories. The market also enjoyed an increase in attendance from states outside of the southwestern US, with attendance from the Midwest, Southeast, and Northeast growing by 6, 9, and 14 percent respectively.
This marks the second year in a row that the Las Vegas Market has smashed attendance records for its annual winter event. The 2017 Winter Las Vegas Market was also the first time that more than 4,000 brands occupied the event’s expansive showroom space. Despite the increase in options, marketgoers still reported an increase in business activity throughout the furniture, gift, and home décor areas.
A Growing International Audience
The Winter 2017 Las Vegas Market’s record-breaking attendance included an unprecedented level of participation from the international home furnishings community. The nearly 100 furniture, home décor, and gift companies present at the market, including a dozen of Canada’s leading furniture retailers, as well as a surge of attendees representing such noteworthy Mexican brands as Muebleria Placencia and Ace Home Center. Suppliers from countries including Australia, China, France, India, Portugal, the United Kingdom, and several others were also present, while American distributors highlighted hundreds of additional international brands—such as Sunpan, Corliving, and Ivena International—on their own showroom floors.
The Las Vegas Market is taking a number of steps to embrace its growing international audience. For the first time, the event provided Spanish translations of popular resources such as its Market 101 video and First Look program, while Julio Cesar Chavez, president of Mexican interior design association Sociedad Mexicana de Interioristas, presented an exclusive trends and design seminar for Spanish-speaking attendees. In addition, the 2017 Winter Las Vegas Market also hosted an International Buyers Lounge complete with refreshments and on-site interpreters, as well as a roundtable discussion that solicited insight on the market experience from some of Mexico’s top home furnishings retailers.
The largest Winter Las Vegas Market to date took place across 40 distinct showroom floors and 600 temporary exhibits, encompassing 5 million square feet of product resources. This included 170,000 square feet of new or enlarged showroom space, the bulk of which allowed the market to expand its furniture offerings.
For its 2017 Winter event, the Las Vegas Market significantly expanded the lobby of Building B to highlight new designs from Abbyson Living and CDI Furniture, showcase a number of new bedding brand expansions, and provide space for the growing number of casual furniture brands such as Noble House and Winston Furniture. In addition to featuring expanded or showrooms by leading brands such Anne McGilvray and Feizy, the 2017 Winter market also welcomed first-time exhibitors like Destination Gifts and Sales Producers.
The Best of the Best
Following the close of the Las Vegas Market, event organizers recognized the 12 top exhibitors from the furniture, home décor, casual/outdoor, and gift categories in the biannual Best Booth contest. Focusing specifically on brand that created temporary exhibits, a four-person panel of judges drew on their extensive industry experience to select the firms’ whose energy and creativity yielded engaging, inspiring, and on-trend displays. In addition to eight Best Booth winners from the home-goods and gift categories, the contest also highlights four furniture exhibitors: EdgeMod Furniture, IDO Furniture Co., Byer of Maine, and Phu Tai J.S. Company.
The 2017 Winter Las Vegas Market also featured the 11th iteration of the Design Icon Award program, which gives attendees a chance to learn from the most influential individuals in the industry as it honors them for their contributions to design. This year, the program honored Timothy Corrigan, an award-winning designer who has not only launched several exquisite furniture collections, he has also created timeless and elegant spaces for a number of high-profile clients.
The 2017 Winter Las Vegas Market offered home furnishings industry members an incomparable opportunity to study the latest trends, advance their strategies, and forge new partnerships. Several attending business leaders praised the experience as the best market yet; Amalfi Home Furniture executive Claudio Fraschetti commented,
“the Market a year ago was fantastic and this one topped it! The buyers we saw were ‘cream of the cream’ and commitments were made at the show on the spot.
Undoubtedly, this impressive performance has industry stakeholders looking forward to the next Las Vegas Market, which is set for July 30 to August 3, 2017. In addition to the continued expansion of showroom areas, the summer market highlights will include the annual “Up on the Roof” charity gala in support of Gift for Life, the ANDYZ interior design awards, the Ahead of the Curve design insight series, and numerous other attractions. Those planning to attend can expect exciting new product resources and categories that will beckon them to follow the organization’s theme, “Discover the Extraordinary.”