The Global Furniture Market is expected to reach USD 780.8 billion by 2030, at a CAGR of 5.1% during the forecast period 2022 to 2030.
This study gives a detailed analysis of drivers, restrains, opportunities and challenges limiting the market expansion of Furniture Market market. The survey included a diverse set of players, including a balance of leading and growing manufacturers for business profiling, such as;
Williams-Sonoma, Inc., Kimball International, Inc., DEDON Manufacturing Inc., Ashley Furniture Industries Inc., Oppein Home Group Inc., Duff & Phelps, LLC., Inter IKEA Systems BV, Raymour & Flanigan, Haworth, Inc., Dare Studio, RH (Restoration Hardware), Jason Furniture Co., Ltd, Godrej, Okamura Corporation, La-Z-Boy Inc., P & C ArteMobili SA, Steelcase Inc., Durham Furniture Inc., American Signature, Masco Corporation, L. & J.G. STICKLEY, INC., Featherlite, Heritage Home Group LLC, HNI Corporation, Harman Miller Inc., Stickley Furniture Inc.
Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market for future strategies and predictions
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Market Segmentation:
Furniture Market, By Product
- Beds
- Tables & Desks
- Sofa & Couch
- Chairs & Stools
- Cabinets & Shelves
- Others
Furniture Market, By Material
- Wood
- Metal
- Plastic
- Other Furniture
Covered in this Report:
1. Go-to-market Strategy.
2. Neutral perspective on the market performance.
3. Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, QMI quadrant, and other significant analysis, as well as development status.
4. Customized regional/country reports as per request and country level analysis.
5. Potential & niche segments and regions exhibiting promising growth covered.
6.Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Market Trends
✔ Customization & Personalization – Brands offer modular and made-to-order furniture for unique home aesthetics.
✔ Rise of Rental & Subscription Models – Millennials and Gen Z prefer renting furniture over buying.
✔ Augmented Reality (AR) Shopping – Apps allow users to visualize furniture in their homes before purchasing.
✔ Luxury & Minimalist Designs – High-end and Scandinavian-style furniture remain popular.
Challenges
🔹 Supply Chain Disruptions – Rising raw material costs (wood, metal) and shipping delays impact production.
🔹 High Competition – Local artisans and global brands fight for market share.
🔹 Sustainability vs. Affordability – Eco-friendly materials often come at a higher price.
Future Outlook
-
Asia-Pacific (China, India) will lead growth due to rising disposable incomes and urbanization.
-
North America & Europe will see demand for premium and smart furniture.
-
3D Printing & AI-Driven Design could revolutionize furniture manufacturing.
Regional Analysis for Furniture Market Market:
✫ North America: (U.S., Canada, Mexico)
✫ Europe: (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
✫ Asia-Pacific: (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
✫ South America: (Colombia, Brazil, Argentina, Rest of South America)
✫ Middle East & Africa: (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
⏩ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
⏩ Top-down and bottom-up approach for regional analysis
⏩ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
⏩ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➥ What is the market size of the Furniture Market market?
➥ What is the market growth rate of the Furniture Market market?
➥ What are the Furniture Market market opportunities and threats faced by the vendors in the global Furniture Market Industry?
➥ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➥ What focused approach and constraints are holding the Furniture Market market?
➥ What are the different sales, marketing, and distribution channels in the global industry?
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