Furniture Market

Global Furniture Market Size, Trends & Analysis - Forecasts to 2029 By Product (Beds, Tables & Desks, Sofa & Couch, Chairs & Stools, Cabinets & Shelves, and Others), By Material (Metal, Wood, Plastic, Glass, and Others), By Application (Residential and Commercial), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

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This report was recently updated on July 20 2024 with the latest and most recent market numbers

Global Furniture Market Size

The global furniture market is projected to grow at a CAGR of 5.6% from 2024 to 2029.

As people look to upgrade their living spaces with the latest trends, there is a growing desire for furniture that combines usefulness and aesthetic appeal. Interior design trends that emphasize minimalist, sleek, and modern furniture designs cater to the tastes of varied and sophisticated customers, and they are increasingly influencing home furnishings. This shift toward contemporary home decor has prompted furniture retailers and online furniture stores to extend their offers, ensuring they satisfy their consumers' changing preferences.

In addition to design trends, personalized furniture solutions and sustainable furniture options are emerging as key market growth drivers. Consumers are becoming more concerned about the environmental impact of their purchases, creating a greater demand for eco-friendly and sustainable furniture materials. This trend is reinforced by the growing availability of custom furniture solutions, which allow customers to tailor their furniture to meet their individual needs and preferences. Furniture makers are reacting to this need by adding sustainable materials and practices into their manufacturing processes, hence accelerating market growth.

Ergonomic furniture designs, as well as the advent of remote working culture, have all contributed considerably to the furniture market's expansion. As more individuals work from home, there is an increased demand for ergonomic furniture that encourages both comfort and productivity. Office furniture solutions for home offices are in high demand, and this market sector is rapidly growing. Furniture retailers and online furniture stores are profiting on this trend by providing a diverse selection of affordable furniture options and multipurpose workplace furniture. Furthermore, furniture rental services have grown in popularity, offering flexible and economical furniture solutions for transient or temporary needs, attracting a wider range of customers.

The furniture sector is also profiting from advances in furniture manufacturing, as well as the popularity of historical furniture styles and designer furniture brands. Innovative manufacturing techniques enable the development of high-quality, low-cost furniture solutions, making attractive and durable furniture available to a larger audience. Vintage furniture styles and high-end designer furniture companies appeal to niche audiences who value distinctive and luxurious items. Furthermore, the availability of furniture assembly services enables customers to enjoy their new purchases without the stress of installation. Outdoor furniture trends are also having an impact, with buyers spending in outdoor living spaces. All of these aspects, together with detailed furniture industry data, assist firms in understanding consumer behaviour and preferences, enabling them to make strategic decisions that support market growth.

A key restraint for the Global Furniture Market is fluctuating raw material prices, which can affect production costs and pricing strategies, impacting profit margins and market stability.

global furniture market

Global Furniture Market: By Product

The beds segment is expected to hold the largest share of the market. This growth is due to rising consumer demand for comfortable and fashionable sleeping solutions, increased urbanization, and the growing relevance of home decor. Furthermore, improvements in bed designs and materials, combined with the growth of e-commerce, have made beds a focus point for consumers looking to upgrade their living spaces.

The sofa & couch segment is expected to be the fastest-growing segment in the market from 2024 to 2029. The growth stems from rising customer demand for multifunctional, space-saving furniture in metropolitan areas. Growth in this segment is being driven by design and material innovations, as well as the appeal of multipurpose furniture and the rise of remote work.

Global Furniture Market: By Material

The plastic segment is anticipated to be the fastest-growing segment in the market from 2024 to 2029. The segment's growth is driven by innovations in long-lasting, eco-friendly plastics and a rising demand for affordable, fashionable, and low-maintenance furniture solutions. Furthermore, the appeal of outdoor and portable furniture contributes to the segment's growth.

The wood segment is expected to hold the largest share of the market. The segment growth is due to wood's durability, aesthetic appeal, and versatility. Consumers prefer hardwood furniture because of its timeless quality and ability to complement various interior designs. Furthermore, the availability of sustainable and eco-friendly wood solutions appeals to environmentally aware purchasers, reinforcing the segment's dominance. Wood's long-standing popularity and dependability make it a desirable material in the furniture industry.

Global Furniture Market: By Application

The commercial segment is anticipated to be the fastest-growing segment in the market from 2024 to 2029. This growth is due to the rise of the hospitality, office, and retail sectors. Increased expenditures in commercial real estate, as well as the growing trend of flexible and modern office spaces, are driving demand for creative and ergonomic furniture solutions, accelerating growth in this market.

The residential segment is projected to hold the largest share of the market over the forecast period. This is due to the continual need for home furnishings caused by rising homeownership, urbanization, and interior design trends. Consumers value comfort and beauty in their living environments, resulting in a constant increase in residential furniture sales.

asia pacific furniture market

Global Furniture Market: By Region

North America is expected to be the largest region in the global market. The primary reasons boosting the market growth in this region include high consumer purchasing power, a growing real estate sector, and a preference for high-quality, fashionable furniture. The region's excellent e-commerce infrastructure and extensive use of smart home technology all contribute to its dominance. Furthermore, the presence of premier furniture producers and designers in the United States and Canada promotes innovation and market growth, contributing to North America's dominant position in the global furniture market.

Asia Pacific is predicted to witness rapid growth during the forecast period. The regional market growth is attributed to the rising disposable incomes, urbanization, and expanding middle-class populations in countries such as China and India. The region's growing demand for modern and cheap furniture, combined with manufacturing and supply chain efficiency advances, is driving this expansion. Furthermore, the flourishing real estate market and expanding e-commerce platforms have accelerated the rise of Asia Pacific's furniture industry.

Global Furniture Market Share and Competitor Analysis

IKEA, Ashley Furniture Industries Inc., RH (Restoration Hardware), Williams-Sonoma, Inc., La-Z-Boy Inc., Raymour & Flanigan, American Signature, Oppein Home Group Inc., Jason Furniture (HangZhou) Co., Ltd, and Steelcase Inc., among others, are some of the key players operating in the global furniture market.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Furniture Market: Recent Developments

In March 2024, Ashley Home, Inc. announced the acquisition of Resident Home Inc., a prominent digital retailer specializing in mattresses and bedding accessories. This strategic move, approved by both companies' boards, aims to expand Resident's product assortment and global reach under Ashley's umbrella.

In February 2024, La-Z-Boy Incorporated announced significant investments in its showroom infrastructure at key furniture markets, High Point Market in Furniture Plaza, High Point, NC and Las Vegas Market. These investments involve extending leases and major renovations to enhance the presentation of its brands such as La-Z-Boy and England Furniture. The renovations are aimed at creating modern, spacious, and technologically advanced showrooms to showcase their products effectively.

 

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL FURNITURE  MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2           Adjacent Market Opportunities

3.1.3           Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1           Market Drivers: Impact Analysis

3.2.2           Market Restraints: Impact Analysis

3.2.3           Market Opportunities: Impact Analysis

3.2.4           Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1           Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2           SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL FURNITURE MARKET, BY MATERIAL

4.1   Introduction

4.2   Furniture Market: Material Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Metal

4.4.1           Metal Market Estimates and Forecast, 2021-2029 (USD Million)

4.5   Wood

4.5.1           Wood Market Estimates and Forecast, 2021-2029 (USD Million)

4.6   Plastic

4.6.1           Plastic Market Estimates and Forecast, 2021-2029 (USD Million)

4.7   Glass

4.7.1           Glass Market Estimates and Forecast, 2021-2029 (USD Million)

4.8   Others

4.8.1           Others Market Estimates and Forecast, 2021-2029 (USD Million)

5          GLOBAL FURNITURE MARKET, BY PRODUCT

5.1   Introduction

5.2   Furniture Market: Product Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Beds

5.4.1           Beds Market Estimates and Forecast, 2021-2029 (USD Million)

5.5   Tables & Desks

5.5.1           Tables & Desks Market Estimates and Forecast, 2021-2029 (USD Million)

5.6   Sofa & Couch

5.6.1           Sofa & Couch Market Estimates and Forecast, 2021-2029 (USD Million)

5.7   Chairs & Stools

5.7.1           Chairs & Stools Market Estimates and Forecast, 2021-2029 (USD Million)

5.8   Cabinets & Shelves

5.8.1           Cabinets & Shelves Market Estimates and Forecast, 2021-2029 (USD Million)

5.9   Others

5.9.1           Others Market Estimates and Forecast, 2021-2029 (USD Million)

6          GLOBAL FURNITURE MARKET, BY APPLICATION

6.1   Introduction

6.2   Furniture Market: Application Scope Key Takeaways

6.3   Revenue Growth Analysis, 2023 & 2029

6.4   Residential

6.4.1           Residential Market Estimates and Forecast, 2021-2029 (USD Million)

6.5   Commercial

6.5.1           Commercial Market Estimates and Forecast, 2021-2029 (USD Million)

7          GLOBAL FURNITURE MARKET, BY REGION

7.1   Introduction

7.2   North America Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.2.1        By Material

7.2.2        By Product

7.2.3        By Application

7.2.4        By Country

7.2.4.1     U.S. Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.2.4.1.1        By Material

7.2.4.1.2        By Product

7.2.4.1.3        By Application

7.2.4.2     Canada Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.2.4.2.1        By Material

7.2.4.2.2        By Product

7.2.4.2.3        By Application

7.2.4.3     Mexico Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.2.4.3.1        By Material

7.2.4.3.2        By Product

7.2.4.3.3        By Application

7.3   Europe Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.1        By Material

7.3.2        By Product

7.3.3        By Application

7.3.4        By Country

7.3.4.1     Germany Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.1.1        By Material

7.3.4.1.2        By Product

7.3.4.1.3        By Application

7.3.4.2     U.K. Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.2.1        By Material

7.3.4.2.2        By Product

7.3.4.2.3        By Application

7.3.4.3     France Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.3.1        By Material

7.3.4.3.2        By Product

7.3.4.3.3        By Application

7.3.4.4     Italy Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.4.1        By Material

7.3.4.4.2        By Product

7.2.4.4.3        By Application

7.3.4.5     Spain Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.5.1        By Material

7.3.4.5.2        By Product

7.2.4.5.3        By Application

7.3.4.6     Netherlands Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.6.1        By Material

7.3.4.6.2        By Product

7.2.4.6.3        By Application

7.3.4.7     Rest of Europe Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.3.4.7.1        By Material

7.3.4.7.2        By Product

7.2.4.7.3        By Application

7.4   Asia Pacific Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.1        By Material

7.4.2        By Product

7.4.3        By Application

7.4.4        By Country

7.4.4.1     China Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.1.1        By Material

7.4.4.1.2        By Product

7.4.4.1.3        By Application

7.4.4.2     Japan Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.2.1        By Material

7.4.4.2.2        By Product

7.4.4.2.3        By Application

7.4.4.3     India Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.3.1        By Material

7.4.4.3.2        By Product

7.4.4.3.3        By Application

7.4.4.4     South Korea Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.4.1        By Material

7.4.4.4.2        By Product

7.4.4.4.3        By Application

7.4.4.5     Singapore Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.5.1        By Material

7.4.4.5.2        By Product

7.4.4.5.3        By Application

7.4.4.6     Malaysia Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.6.1        By Material

7.4.4.6.2        By Product

7.4.4.6.3        By Application

7.4.4.7     Thailand Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.7.1        By Material

7.4.4.7.2        By Product

7.4.4.7.3        By Application

7.4.4.8     Indonesia Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.8.1        By Material

7.4.4.8.2        By Product

7.4.4.8.3        By Application

7.4.4.9     Vietnam Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.9.1        By Material

7.4.4.9.2        By Product

7.4.4.9.3        By Application

7.4.4.10  Taiwan Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.10.1 By Material

7.4.4.10.2 By Product

7.4.4.10.3 By Application

7.4.4.11  Rest of Asia Pacific Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.4.4.11.1 By Material

7.4.4.11.2 By Product

7.4.4.11.3 By Application

7.5   Middle East and Africa Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.1        By Material

7.5.2        By Product

7.5.3        By Application

7.5.4        By Country

7.5.4.1     Saudi Arabia Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.1.1        By Material

7.5.4.1.2        By Product

7.5.4.1.3        By Application

7.5.4.2     U.A.E. Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.2.1        By Material

7.5.4.2.2        By Product

7.5.4.2.3        By Application

7.5.4.3     Israel Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.3.1        By Material

7.5.4.3.2        By Product

7.5.4.3.3        By Application

7.5.4.4     South Africa Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.4.1        By Material

7.5.4.4.2        By Product

7.5.4.4.3        By Application

7.5.4.5     Rest of Middle East and Africa Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.5.4.5.1        By Material

7.5.4.5.2        By Product

7.5.4.5.2        By Application

7.6   Central and South America Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.1        By Material

7.6.2        By Product

7.6.3        By Application

7.6.4        By Country

7.6.4.1     Brazil Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.4.1.1        By Material

7.6.4.1.2        By Product

7.6.4.1.3        By Application

7.6.4.2     Argentina Furniture Estimates and Forecast, 2021-2029 (USD Million)

7.6.4.2.1        By Material

7.6.4.2.2        By Product

7.6.4.2.3        By Application

7.6.4.3     Chile Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.4.3.1        By Material

7.6.4.3.2        By Product

7.6.4.3.3        By Application

7.6.4.4     Rest of Central and  South America Furniture Market Estimates and Forecast, 2021-2029 (USD Million)

7.6.4.4.1        By Material

7.6.4.4.2        By Product

7.6.4.4.3        By Application

8          COMPETITIVE LANDCAPE

8.1   Company Market Share Analysis

8.2   Four Quadrant Positioning Matrix

8.2.1        Market Leaders

8.2.2        Market Visionaries

8.2.3        Market Challengers

8.2.4        Niche Market Players

8.3   Vendor Landscape

8.3.1        North America

8.3.2        Europe

8.3.3        Asia Pacific

8.3.4        Rest of the World

8.4   Company Profiles  

8.4.1        IKEA

8.4.1.1 Business Description & Financial Analysis

8.4.1.2 SWOT Analysis

8.4.1.3 Products & Services Offered

8.4.1.4 Strategic Alliances between Business Partners

8.4.2        Ashley Furniture Industries Inc.

8.4.2.1 Business Description & Financial Analysis

8.4.2.2 SWOT Analysis

8.4.2.3 Products & Services Offered

8.4.2.4 Strategic Alliances between Business Partners

8.4.3        RH (Restoration Hardware)

8.4.3.1 Business Description & Financial Analysis

8.4.3.2 SWOT Analysis

8.4.3.3 Products & Services Offered

8.4.3.4 Strategic Alliances between Business Partners

8.4.4        Williams-Sonoma, Inc.

8.4.4.1 Business Description & Financial Analysis

8.4.4.2 SWOT Analysis

8.4.4.3 Products & Services Offered

8.4.4.4 Strategic Alliances between Business Partners

8.4.5        La-Z-Boy Inc.

8.4.5.1 Business Description & Financial Analysis

8.4.5.2 SWOT Analysis

8.4.5.3 Products & Services Offered

8.4.5.4 Strategic Alliances between Business Partners

8.4.6        Raymour & Flanigan

8.4.6.1 Business Description & Financial Analysis

8.4.6.2 SWOT Analysis

8.4.6.3 Products & Services Offered

8.4.6.4 Strategic Alliances between Business Partners

8.4.7        American Signature  

8.4.7.1 Business Description & Financial Analysis

8.4.7.2 SWOT Analysis

8.4.7.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.8        Oppein Home Group Inc.

8.4.8.1 Business Description & Financial Analysis

8.4.8.2 SWOT Analysis

8.4.8.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.9        Jason Furniture (HangZhou) Co., Ltd

8.4.9.1 Business Description & Financial Analysis

8.4.9.2 SWOT Analysis

8.4.9.3 Products & Services Offered

8.4.9.4 Strategic Alliances between Business Partners

8.4.10       Steelcase Inc.

8.4.10.1 Business Description & Financial Analysis

8.4.10.2 SWOT Analysis

8.4.10.3 Products & Services Offered

8.4.10.4 Strategic Alliances between Business Partners

8.4.11      Other Companies

8.4.11.1 Business Description & Financial Analysis

8.4.11.2 SWOT Analysis

8.4.11.3 Products & Services Offered

8.4.11.4 Strategic Alliances between Business Partners

9          RESEARCH METHODOLOGY

9.1   Market Introduction

9.1.1        Market Definition

9.1.2           Market Scope & Segmentation

9.2   Information Procurement

9.2.1        Secondary Research

9.2.1.1 Purchased Databases

9.2.1.2 GMEs Internal Data Repository

9.2.1.3 Secondary Resources & Third Party Perspectives

9.2.1.4 Company Information Sources

9.2.2        Primary Research

9.2.2.1 Various Types of Respondents for Primary Interviews

9.2.2.2 Number of Interviews Conducted throughout the Research Process

9.2.2.3 Primary Stakeholders

9.2.2.4 Discussion Guide for Primary Participants

9.2.3        Expert Panels

9.2.3.1 Expert Panels Across 30+ Industry

9.2.4        Paid Local Experts

9.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

9.3   Market Estimation

9.3.1        Top-Down Approach

9.3.1.1 Macro-Economic Indicators Considered

9.3.1.2 Micro-Economic Indicators Considered

9.3.2        Bottom Up Approach

9.3.2.1 Company Share Analysis Approach

9.3.2.2 Estimation of Potential Product Sales

9.4   Data Triangulation

9.4.1        Data Collection

9.4.2           Time Series, Cross Sectional & Panel Data Analysis

9.4.3        Cluster Analysis

9.5   Analysis and Output

9.5.1           Inhouse AI Based Real Time Analytics Tool

9.5.2           Output From Desk & Primary Research

9.6   Research Assumptions & Limitations

9.7.1        Research Assumptions

9.7.2        Research Limitations

LIST OF TABLES

1 Global Furniture Market, By Material, 2021-2029 (USD Mllion)

2 Metal Market, By Region, 2021-2029 (USD Mllion)  

3 Wood Market, By Region, 2021-2029 (USD Mllion)  

4 Plastic Market, By Region, 2021-2029 (USD Mllion)               

5 glass Market, By Region, 2021-2029 (USD Mllion)  

6 Others Market, By Region, 2021-2029 (USD Mllion)

7 Global Furniture Market, By Product, 2021-2029 (USD Mllion)    

8 Beds Market, By Region, 2021-2029 (USD Mllion)

9 Tables & Desks Market, By Region, 2021-2029 (USD Mllion)

10 Sofa & Couch Market, By Region, 2021-2029 (USD Mllion)

11 Chairs & Stools Market, By Region, 2021-2029 (USD Mllion)

12 Cabinets & Shelves Market, By Region, 2021-2029 (USD Mllion)

13 Others Market, By Region, 2021-2029 (USD Mllion)

14 Global Furniture Market, By Application, 2021-2029 (USD Mllion)

15 Residential Market, By Region, 2021-2029 (USD Mllion)     

16 Commercial Market, By Region, 2021-2029 (USD Mllion)   

17 Regional Analysis, 2021-2029 (USD Mllion)

18 North America Furniture Market, By Material, 2021-2029 (USD Million)

19 North America Furniture Market, By Product, 2021-2029 (USD Million)

20 North America Furniture Market, By Application, 2021-2029 (USD Million)

21 North America Furniture Market, By Country, 2021-2029 (USD Million)

22 U.S. Furniture Market, By Material, 2021-2029 (USD Million)

23 U.S. Furniture Market, By Product, 2021-2029 (USD Million)

24 U.S. Furniture Market, By Application, 2021-2029 (USD Million)

25 Canada Furniture Market, By Material, 2021-2029 (USD Million)

26 Canada Furniture Market, By Product, 2021-2029 (USD Million)

27 Canada Furniture Market, By Application, 2021-2029 (USD Million)

28 Mexico Furniture Market, By Material, 2021-2029 (USD Million)

29 Mexico Furniture Market, By Product, 2021-2029 (USD Million)

30 Mexico Furniture Market, By Application, 2021-2029 (USD Million)

31 Europe Furniture Market, By Material, 2021-2029 (USD Million)

32 Europe Furniture Market, By Product, 2021-2029 (USD Million)

33 Europe Furniture Market, By Application, 2021-2029 (USD Million)

34 Europe Furniture Market, By COUNTRY, 2021-2029 (USD Million)

35 Germany Furniture Market, By Material, 2021-2029 (USD Million)

36 Germany Furniture Market, By Product, 2021-2029 (USD Million)

37 Germany Furniture Market, By Application, 2021-2029 (USD Million)

38 U.K. Furniture Market, By Material, 2021-2029 (USD Million)

39 U.K. Furniture Market, By Product, 2021-2029 (USD Million)

40 U.K. Furniture Market, By Application, 2021-2029 (USD Million)

41 France Furniture Market, By Material, 2021-2029 (USD Million)

42 France Furniture Market, By Product, 2021-2029 (USD Million)

43 France Furniture Market, By Application, 2021-2029 (USD Million)

44 Italy Furniture Market, By Material, 2021-2029 (USD Million)

45 Italy Furniture Market, By End Use , 2021-2029 (USD Million)

46 Italy Furniture Market, By Application, 2021-2029 (USD Million)

47 Spain Furniture Market, By Material, 2021-2029 (USD Million)

48 Spain Furniture Market, By Product, 2021-2029 (USD Million)

49 Spain Furniture Market, By Application, 2021-2029 (USD Million)

50 Rest Of Europe Furniture Market, By Material, 2021-2029 (USD Million)

51 Rest Of Europe Furniture Market, By Product, 2021-2029 (USD Million)

52 Rest of Europe Furniture Market, By Application, 2021-2029 (USD Million)

53 Asia Pacific Furniture Market, By Material, 2021-2029 (USD Million)

54 Asia Pacific Furniture Market, By Product, 2021-2029 (USD Million)

55 Asia Pacific Furniture Market, By Application, 2021-2029 (USD Million)

56 Asia Pacific Furniture Market, By Country, 2021-2029 (USD Million)

57 China Furniture Market, By Material, 2021-2029 (USD Million)

58 China Furniture Market, By Product, 2021-2029 (USD Million)

59 China Furniture Market, By Application, 2021-2029 (USD Million)

60 India Furniture Market, By Material, 2021-2029 (USD Million)

61 India Furniture Market, By Product, 2021-2029 (USD Million)

62 India Furniture Market, By Application, 2021-2029 (USD Million)

63 Japan Furniture Market, By Material, 2021-2029 (USD Million)

64 Japan Furniture Market, By Product, 2021-2029 (USD Million)

65 Japan Furniture Market, By Application, 2021-2029 (USD Million)

66 South Korea Furniture Market, By Material, 2021-2029 (USD Million)

67 South Korea Furniture Market, By Product, 2021-2029 (USD Million)

68 South Korea Furniture Market, By Application, 2021-2029 (USD Million)

69 Singapore Furniture Market, By Material, 2021-2029 (USD Million)

70 Singapore Furniture Market, By Product, 2021-2029 (USD Million)

71 Singapore Furniture Market, By Application, 2021-2029 (USD Million)

72 Malaysia Furniture Market, By Material, 2021-2029 (USD Million)

73 Malaysia Furniture Market, By Product, 2021-2029 (USD Million)

74 Malaysia Furniture Market, By Application, 2021-2029 (USD Million)

75 Thailand Furniture Market, By Material, 2021-2029 (USD Million)

76 Thailand Furniture Market, By Product, 2021-2029 (USD Million)

77 Thailand Furniture Market, By Application, 2021-2029 (USD Million)

78 Indonesia Furniture Market, By Material, 2021-2029 (USD Million)

79 Indonesia Furniture Market, By Product, 2021-2029 (USD Million)

80 Indonesia Furniture Market, By Application, 2021-2029 (USD Million)

81 Vietnam Furniture Market, By Material, 2021-2029 (USD Million)

82 Vietnam Furniture Market, By Product, 2021-2029 (USD Million)

83 Vietnam Furniture Market, By Application, 2021-2029 (USD Million)

84 Taiwan Furniture Market, By Material, 2021-2029 (USD Million)

85 Taiwan Furniture Market, By Product, 2021-2029 (USD Million)

86 Taiwan Furniture Market, By Application, 2021-2029 (USD Million)

87 Rest of Asia Pacific Furniture Market, By Material, 2021-2029 (USD Million)

88 Rest of Asia Pacific Furniture Market, By Product, 2021-2029 (USD Million)

89 Rest of Asia Pacific Furniture Market, By Application, 2021-2029 (USD Million)

90 Middle East and Africa Furniture Market, By Material, 2021-2029 (USD Million)

91 Middle East and Africa Furniture Market, By Product, 2021-2029 (USD Million)

92 Middle East and Africa Furniture Market, By Application, 2021-2029 (USD Million)

93 Middle East and Africa Furniture Market, By Country, 2021-2029 (USD Million)

94 Saudi Arabia Furniture Market, By Material, 2021-2029 (USD Million)

95 Saudi Arabia Furniture Market, By Product, 2021-2029 (USD Million)

96 Saudi Arabia Furniture Market, By Application, 2021-2029 (USD Million)

97 UAE Furniture Market, By Material, 2021-2029 (USD Million)

98 UAE Furniture Market, By Product, 2021-2029 (USD Million)

99 UAE Furniture Market, By Application, 2021-2029 (USD Million)

100 Israel Furniture Market, By Material, 2021-2029 (USD Million)

101 Israel Furniture Market, By Product, 2021-2029 (USD Million)

102 Israel Furniture Market, By Application, 2021-2029 (USD Million)

103 South Africa Furniture Market, By Material, 2021-2029 (USD Million)

104 South Africa Furniture Market, By Product, 2021-2029 (USD Million)

105 South Africa Furniture Market, By Application, 2021-2029 (USD Million)

106 Rest of Middle East and Africa Furniture Market, By Material, 2021-2029 (USD Million)

107 Rest of Middle East and Africa Furniture Market, By Product, 2021-2029 (USD Million)

108 Rest of Middle East and Africa Furniture Market, By Application, 2021-2029 (USD Million)

109 Central and South America Furniture Market, By Material, 2021-2029 (USD Million)

110 Central and South America Furniture Market, By Product, 2021-2029 (USD Million)

111 Central and South America Furniture Market, By Application, 2021-2029 (USD Million)

112 Central and South America Furniture Market, By Country, 2021-2029 (USD Million)

113 Brazil Furniture Market, By Material, 2021-2029 (USD Million)

114 Brazil Furniture Market, By Product, 2021-2029 (USD Million)

115 Brazil Furniture Market, By Application, 2021-2029 (USD Million)

116 Argentina Furniture Market, By Material, 2021-2029 (USD Million)

117 Argentina Furniture Market, By Product, 2021-2029 (USD Million)

118 Argentina Furniture Market, By Application, 2021-2029 (USD Million)

119 Chile Furniture Market, By Material, 2021-2029 (USD Million)

120 Chile Furniture Market, By Product, 2021-2029 (USD Million)

121 Chile Furniture Market, By Application, 2021-2029 (USD Million)

122 Rest of Central and South America Furniture Market, By Material, 2021-2029 (USD Million)

123 Rest of Central and South America Furniture Market, By Product, 2021-2029 (USD Million)

124 Rest of Central and South America Furniture Market, By Application, 2021-2029 (USD Million)

125 IKEA: Products & Services Offering

126 Ashley Furniture Industries Inc.: Products & Services Offering

127 RH (Restoration Hardware): Products & Services Offering            

128 Williams-Sonoma, Inc.: Products & Services Offering       

129 La-Z-Boy Inc.: Products & Services Offering             

130 RAYMOUR & FLANIGAN: Products & Services Offering           

131 American Signature : Products & Services Offering          

132 Oppein Home Group Inc.: Products & Services Offering    

133 Jason Furniture (HangZhou) Co., Ltd, Inc: Products & Services Offering               

134  Steelcase Inc.: Products & Services Offering        

135 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Furniture Market Overview

2 Global Furniture Market Value From 2021-2029 (USD Mllion)

3 Global Furniture Market Share, By Material (2023)

4 Global Furniture Market Share, By Product (2023)

5 Global Furniture Market Share, By Application (2023)

6 Global Furniture Market, By Region (Asia Pacific Market)

7 Technological Trends In Global Furniture Market

8 Four Quadrant Competitor Positioning Matrix

9 Impact Of Macro & Micro Indicators On The Market

10 Impact Of Key Drivers On The Global Furniture Market

11 Impact Of Challenges On The Global Furniture Market

12 Porter’s Five Forces Analysis

13 Global Furniture Market: By Material Scope Key Takeaways

14 Global Furniture Market, By Material Segment: Revenue Growth Analysis

15 Metal Market, By Region, 2021-2029 (USD Mllion)      

16 Wood Market, By Region, 2021-2029 (USD Mllion)

17 Plastic Market, By Region, 2021-2029 (USD Mllion)

18 Others Market, By Region, 2021-2029 (USD Mllion)

19 Glass Market, By Region, 2021-2029 (USD Mllion)

20 Global Furniture Market: By Product Scope Key Takeaways

21 Global Furniture Market, By Product Segment: Revenue Growth Analysis

22 Beds Market, By Region, 2021-2029 (USD Mllion)      

23 Tables & Desks Market, By Region, 2021-2029 (USD Mllion)

24 Sofa & Couch Market, By Region, 2021-2029 (USD Mllion)

25 Chairs & Stools Market, By Region, 2021-2029 (USD Mllion)

26 Cabinets & Shelves Market, By Region, 2021-2029 (USD Mllion)

27 Others Market, By Region, 2021-2029 (USD Mllion)

28 Global Furniture Market: By Application Scope Key Takeaways

29 Global Furniture Market, By Application Segment: Revenue Growth Analysis

30 Residential Market, By Region, 2021-2029 (USD Mllion)        

31 Commercial Market, By Region, 2021-2029 (USD Mllion)

32 Regional Segment: Revenue Growth Analysis

33 Global Furniture Market: Regional Analysis

34 North America Furniture Market Overview

35 North America Furniture Market, By Material

36 North America Furniture Market, By Product

37 North America Furniture Market, By Application

38 North America Furniture Market, By Country

39 U.S. Furniture Market, By Material

40 U.S. Furniture Market, By Product

41 U.S. Furniture Market, By Application

42 Canada Furniture Market, By Material

43 Canada Furniture Market, By Product

44 Canada Furniture Market, By Application

45 Mexico Furniture Market, By Material

46 Mexico Furniture Market, By Product

47 Mexico Furniture Market, By Application

48 Four Quadrant Positioning Matrix

49 Company Market Share Analysis

50 IKEA: Company Snapshot

51 IKEA: SWOT Analysis

52 IKEA: Geographic Presence

53 Ashley Furniture Industries Inc.: Company Snapshot

54 Ashley Furniture Industries Inc.: SWOT Analysis

55 Ashley Furniture Industries Inc.: Geographic Presence

56 RH (Restoration Hardware): Company Snapshot

57 RH (Restoration Hardware): SWOT Analysis

58 RH (Restoration Hardware): Geographic Presence

59 Williams-Sonoma, Inc.: Company Snapshot

60 Williams-Sonoma, Inc.: Swot Analysis

61 Williams-Sonoma, Inc.: Geographic Presence

62 La-Z-Boy Inc.: Company Snapshot

63 La-Z-Boy Inc.: SWOT Analysis

64 La-Z-Boy Inc.: Geographic Presence

65 Raymour & Flanigan: Company Snapshot

66 Raymour & Flanigan: SWOT Analysis

67 Raymour & Flanigan: Geographic Presence

68 American Signature : Company Snapshot

69 American Signature : SWOT Analysis

70 American Signature : Geographic Presence

71 Oppein Home Group Inc.: Company Snapshot

72 Oppein Home Group Inc.: SWOT Analysis

73 Oppein Home Group Inc.: Geographic Presence

74 Jason Furniture (HangZhou) Co., Ltd, Inc.: Company Snapshot

75 Jason Furniture (HangZhou) Co., Ltd, Inc.: SWOT Analysis

76 Jason Furniture (HangZhou) Co., Ltd, Inc.: Geographic Presence

77 Steelcase Inc.: Company Snapshot

78 Steelcase Inc.: SWOT Analysis

79 Steelcase Inc.: Geographic Presence

80 Other Companies: Company Snapshot

81 Other Companies: SWOT Analysis

82 Other Companies: Geographic Presence

The Global Furniture Market has been studied from the year 2019 till 2029. However, the CAGR provided in the report is from the year 2024 to 2029. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Furniture Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Furniture Market.

Furniture Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Furniture Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Furniture Market Share

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Frequently Asked Questions

The global furniture market is projected to grow at a CAGR of 5.6% from 2024 to 2029.
IKEA, Ashley Furniture Industries Inc., RH (Restoration Hardware), Williams-Sonoma, Inc., La-Z-Boy Inc., Raymour & Flanigan, American Signature, Oppein Home Group Inc., Jason Furniture (HangZhou) Co., Ltd, and Steelcase Inc., among others, are some of the key players operating in the global furniture market.
Opportunities in the global furniture market include growth in online retail, eco-friendly and sustainable designs, customization trends, and emerging markets in Asia Pacific and Latin America. Additionally, theres a rising demand for multifunctional and space-saving furniture solutions, driven by urbanization and changing consumer lifestyles.
The increased housing demand, rising disposable incomes enhancing consumer spending on home furnishings, growing preference for stylish and functional furniture, and expanding e-commerce facilitating easier access to a wider range of products worldwide are the major drivers for global furniture market growth.

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