PUBLISHER: CSIL Centre for Industrial Studies | PRODUCT CODE: 1756514
PUBLISHER: CSIL Centre for Industrial Studies | PRODUCT CODE: 1756514
CSIL's Research Report "The world upholstered furniture industry" offers a comprehensive sector's picture through key statistics and basic data (production, consumption, and international trade of upholstered furniture 2015-2024), market forecasts for 2025 and 2026, detailed profiles of the leading manufacturers, and a focus on the Top 20 world's upholstered furniture countries.
International trade of upholstered furniture is in a state of unprecedented uncertainty as a consequence of the USA's tariff measures and countermeasures by its trading partners. Trade policy and tariff unpredictability may continue. CSIL is committed to constantly monitoring the international trade of upholstered furniture to provide data that reflects its in-depth knowledge of the markets and their ongoing evaluation.
An executive summary introduces the analysis and outlines CSIL's assessments regarding the upholstered furniture market, including regional and country analysis, competitive landscape, globalization, nearshoring, trade tensions, and market scenario.
Additionally, the report presents key topics and manufacturers' strategies to address the recent market challenges based on CSIL's surveys and interviews conducted from March to June 2025, targeting the major global manufacturers in the upholstered furniture industry.
This part also analyses recent M&A transactions, examines corporate strategies, and reviews the Q1 2025 financial performance of publicly listed companies operating in the upholstered furniture market.
This part highlights the largest upholstered furniture markets, the growth and openness to imports, and the role of major exporting countries in the world marketplace.
The analysis of the global production of upholstered furniture outlines the major producing countries and provides a breakdown by covering material (leather, fabric, other).
Forecasts of the world trade of upholstered furniture and market scenarios 2025 and 2026 are based on CSIL analysis of industry dynamics and macroeconomic indicators.
World consumption and production of upholstered furniture are broken down by geographical area: European Union (27) + UK, Norway, Switzerland, and Iceland; Central and Eastern Europe outside the EU & Russia; Asia and Pacific; the Middle East and Africa; North America; South America.
The breakdown of upholstered furniture production by covering material (leather, fabric, and other covering) is provided by geographical area (European Union (27) + UK, Norway, Switzerland, North America, Asia, and Pacific) and for a selection of major producing countries.
The chapter focuses on the Top 20 world upholstered furniture countries (Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Lithuania, Mexico, Poland, Romania, South Korea, Spain, Sweden, Turkiye, United Kingdom, United States, Vietnam), providing:
Moreover, for the 70 most important countries for upholstery production, consumption, and trade, including the Top 20, the study provides summary tables including upholstered furniture production, consumption, imports and exports data (2015-2024), the openness of the sector to foreign trade, consumption growth (2025 and 2026 forecasts), origin of imports, destination of exports and country rankings to place all statistics in a broader worldwide context.
A special section offers detailed company profiles for the 30 leading upholstered furniture manufacturers worldwide: headquarters, activity and product portfolio, turnover (last available year), controlled companies and subsidiaries, brands, financial performance (last 3 years for total revenues and employees), recent M&A operations, export sales, production facilities.
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This study aims to analyse the current state and future outlook of the sector by answering the following questions:
With over 35% of its production traded internationally, the upholstered furniture sector reflects a growing global dimension. International trade of upholstered furniture has increased, reaching nearly US$ 33 billion.
While the overall directions of trade flows between regions have remained largely unchanged, the specific partner countries involved have shifted. The US, the world's largest importer of upholstered furniture, has continued to be highly reliant on foreign supply. Since 2023, Vietnam has overtaken China as the United States' main supplier of upholstered furniture. In recent months of 2025, due to a new wave of tariffs, companies across the supply chain have been forced to rapidly reassess their sourcing models, production strategies, and investment plans.