Furniture Market, Global Outlook and Forecast 2023-2032
Furniture refers to movable objects intended to support various human activities such as seating (e.g., chairs, stools, and sofas), eating (tables), and sleeping (e.g., beds). Furniture is also used to hold objects at a convenient height for work (as horizontal surfaces above the ground, such as tables and desks), or to store things (e.g., cupboards and shelves). Furniture can be a product of design and is considered a form of decorative art. In addition to furniture's functional role, it can serve a symbolic or religious purpose. It can be made from many materials, including metal, plastic, and wood. Furniture can be made using a variety of woodworking joints which often reflect the local culture.
This report aims to provide a comprehensive presentation of the global market for Furniture, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furniture. This report contains market size and forecasts of Furniture in global, including the following market information:
Global Furniture Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Furniture Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Furniture companies in 2022 (%)
The global Furniture market was valued at US$ 10540 million in 2022 and is projected to reach US$ 12200 million by 2029, at a CAGR of 2.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Wooden Furniture Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Furniture include Ashley Furniture, Rooms To Go, Foliot Furniture, Mattress Firm, Williams-Sonoma, LE-AL Asia, Hmart Limited, Berkshire Hathaway and Laz Boy, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Furniture manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Furniture Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Furniture Market Segment Percentages, by Type, 2022 (%)
Wooden Furniture
Leather & Fabric Furniture
Metal Furniture
Plastic Furniture
Others
Global Furniture Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Furniture Market Segment Percentages, by Application, 2022 (%)
Residential
Commercial
Global Furniture Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Furniture Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Furniture revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Furniture revenues share in global market, 2022 (%)
Key companies Furniture sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Furniture sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ashley Furniture
Rooms To Go
Foliot Furniture
Mattress Firm
Williams-Sonoma
LE-AL Asia
Hmart Limited
Berkshire Hathaway
Laz Boy
American Signature
Sleep Number
Gelaimei Hotel Furniture
Fulilai Hotel Furniture Co., Ltd
Northland Furniture.
Sleepy's
Buhler Furniture
Mingjia Furniture
JL Furnishings
Telos Furniture
Outline of Major Chapters:
Chapter 1: Introduces the definition of Furniture, market overview.
Chapter 2: Global Furniture market size in revenue and volume.
Chapter 3: Detailed analysis of Furniture manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Furniture in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Furniture capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
