PUBLISHER: TechNavio | PRODUCT CODE: 2055824
PUBLISHER: TechNavio | PRODUCT CODE: 2055824
The global furniture market is forecasted to grow by USD 168.5 bn during 2025-2030, accelerating at a CAGR of 4.7% during the forecast period. The report on the global furniture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by global urbanization and expansion of real estate sector, growth in disposable income and ascendant middle class, shifting consumer lifestyles and digital transformation of retail.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 4.3% |
| CAGR | 4.7% |
| Incremental Value | $168.5 bn |
Technavio's global furniture market is segmented as below:
By Product
By Distribution Channel
By Application
Geography
This study identifies the ascendancy of sustainability and circular economy principles as one of the prime reasons driving the global furniture market growth during the next few years. Also, integration of smart technology and enhanced functionality and hyper-personalization and on-demand manufacturing will lead to sizable demand in the market.
The report on the global furniture market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global furniture market vendors that include Ashley Furniture Industries, Bassett Furniture Industries, Bernhardt Furniture Co., Flexsteel Industries Inc., Godrej and Boyce Manufacturing, Haworth Inc., HNI Corp., Hooker Furnishings Corp., Inter IKEA Holding BV, Kinnarps AB, KOKUYO Co. Ltd., LaZBoy Inc., MillerKnoll Inc., Nowy Styl, Restoration Hardware Inc., Scavolini S.p.a., Sleep Number Corp., Steelcase Inc., Wayfair Inc., Williams Sonoma Inc.. Also, the global furniture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.