US Home Furniture Market 2023-2027

Technavio has been monitoring the home furniture market in US and is forecast to grow by $13.32 bn during 2022-2027, accelerating at a CAGR of 3.7% during the forecast period. Our report on the home furniture market in US 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 improving residential construction market, increased awareness of home d©cor and attractive furnishings, and increasing online sales.

Technavio's home furniture market in US is segmented as below:

By Product

Living room furniture
Bedroom furniture
Storage furniture
Others

By Distribution Channel

Brick
mortar
Online mode

This study identifies the surging demand for eco-friendly furniture as one of the prime reasons driving the home furniture market growth during the next few years. Also, the growing importance of innovative customized furniture and focus on sustainable operations and offerings will lead to sizable demand in the market.

Technavio 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. Our report on the home furniture market in US covers the following areas:

Home furniture market sizing
Home furniture market forecast
Home furniture market industry analysis

Technavio's 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 home furniture market vendors that include American Furniture Manufacturing Inc., Ashley home stores Ltd., Bassett Furniture Industries, Berkshire Hathaway Inc., Crate and Barrel, Dorel Industries Inc., Ethan Allen Interiors Inc., Inter IKEA Holding B.V., Klaussner Home Furnishings, LaZBoy Inc., Penney OpCo LLC, Pier 1 Imports Online Inc., Raymour and Flanigan Furniture and Mattresses, Restoration Hardware Inc., Roomstogo.com Inc., Sauder Woodworking Co., Sleep Number Corp., Steinhoff International Holdings NV, Wayfair Inc., and Williams Sonoma Inc. Also, the home furniture market in US 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 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 and vendor landscape in addition to an analysis of the key vendors.

Technavio 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 research - both primary and secondary. Technavio's 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.

Product Code: IRTNTR44284

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Home furniture market in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on Home furniture market in US 2017 - 2021 ($ billion)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
4.3 Distribution Channel Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 25: Chart on Product - Market share 2022-2027 (%)
Exhibit 26: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 27: Chart on Comparison by Product
Exhibit 28: Data Table on Comparison by Product
6.3 Living room furniture - Market size and forecast 2022-2027
Exhibit 29: Chart on Living room furniture - Market size and forecast 2022-2027 ($ billion)
Exhibit 30: Data Table on Living room furniture - Market size and forecast 2022-2027 ($ billion)
Exhibit 31: Chart on Living room furniture - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Living room furniture - Year-over-year growth 2022-2027 (%)
6.4 Bedroom furniture - Market size and forecast 2022-2027
Exhibit 33: Chart on Bedroom furniture - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Data Table on Bedroom furniture - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Chart on Bedroom furniture - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Bedroom furniture - Year-over-year growth 2022-2027 (%)
6.5 Storage furniture - Market size and forecast 2022-2027
Exhibit 37: Chart on Storage furniture - Market size and forecast 2022-2027 ($ billion)
Exhibit 38: Data Table on Storage furniture - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Chart on Storage furniture - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Storage furniture - Year-over-year growth 2022-2027 (%)
6.6 Others - Market size and forecast 2022-2027
Exhibit 41: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 42: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 44: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.7 Market opportunity by Product
Exhibit 45: Market opportunity by Product ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 46: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 47: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 48: Chart on Comparison by Distribution Channel
Exhibit 49: Data Table on Comparison by Distribution Channel
7.3 Brick and mortar - Market size and forecast 2022-2027
Exhibit 50: Chart on Brick and mortar - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on Brick and mortar - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on Brick and mortar - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Brick and mortar - Year-over-year growth 2022-2027 (%)
7.4 Online mode - Market size and forecast 2022-2027
Exhibit 54: Chart on Online mode - Market size and forecast 2022-2027 ($ billion)
Exhibit 55: Data Table on Online mode - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Chart on Online mode - Year-over-year growth 2022-2027 (%)
Exhibit 57: Data Table on Online mode - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 58: Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 60: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 61: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 62: Overview on factors of disruption
10.4 Industry risks
Exhibit 63: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 64: Vendors covered
11.2 Market positioning of vendors
Exhibit 65: Matrix on vendor position and classification
11.3 American Furniture Manufacturing Inc.
Exhibit 66: American Furniture Manufacturing Inc. - Overview
Exhibit 67: American Furniture Manufacturing Inc. - Product / Service
Exhibit 68: American Furniture Manufacturing Inc. - Key offerings
11.4 Ashley home stores Ltd.
Exhibit 69: Ashley home stores Ltd. - Overview
Exhibit 70: Ashley home stores Ltd. - Product / Service
Exhibit 71: Ashley home stores Ltd. - Key offerings
11.5 Bassett Furniture Industries
Exhibit 72: Bassett Furniture Industries - Overview
Exhibit 73: Bassett Furniture Industries - Product / Service
Exhibit 74: Bassett Furniture Industries - Key offerings
11.6 Berkshire Hathaway Inc.
Exhibit 75: Berkshire Hathaway Inc. - Overview
Exhibit 76: Berkshire Hathaway Inc. - Business segments
Exhibit 77: Berkshire Hathaway Inc. - Key news
Exhibit 78: Berkshire Hathaway Inc. - Key offerings
Exhibit 79: Berkshire Hathaway Inc. - Segment focus
11.7 Ethan Allen Interiors Inc.
Exhibit 80: Ethan Allen Interiors Inc. - Overview
Exhibit 81: Ethan Allen Interiors Inc. - Business segments
Exhibit 82: Ethan Allen Interiors Inc. - Key offerings
Exhibit 83: Ethan Allen Interiors Inc. - Segment focus
11.8 Inter IKEA Holding B.V.
Exhibit 84: Inter IKEA Holding B.V. - Overview
Exhibit 85: Inter IKEA Holding B.V. - Product / Service
Exhibit 86: Inter IKEA Holding B.V. - Key offerings
11.9 Klaussner Home Furnishings
Exhibit 87: Klaussner Home Furnishings - Overview
Exhibit 88: Klaussner Home Furnishings - Product / Service
Exhibit 89: Klaussner Home Furnishings - Key offerings
11.10 LaZBoy Inc.
Exhibit 90: LaZBoy Inc. - Overview
Exhibit 91: LaZBoy Inc. - Business segments
Exhibit 92: LaZBoy Inc. - Key offerings
Exhibit 93: LaZBoy Inc. - Segment focus
11.11 Penney OpCo LLC
Exhibit 94: Penney OpCo LLC - Overview
Exhibit 95: Penney OpCo LLC - Product / Service
Exhibit 96: Penney OpCo LLC - Key offerings
11.12 Pier 1 Imports Online Inc.
Exhibit 97: Pier 1 Imports Online Inc. - Overview
Exhibit 98: Pier 1 Imports Online Inc. - Business segments
Exhibit 99: Pier 1 Imports Online Inc. - Key offerings
Exhibit 100: Pier 1 Imports Online Inc. - Segment focus
11.13 Raymour and Flanigan Furniture and Mattresses
Exhibit 101: Raymour and Flanigan Furniture and Mattresses - Overview
Exhibit 102: Raymour and Flanigan Furniture and Mattresses - Product / Service
Exhibit 103: Raymour and Flanigan Furniture and Mattresses - Key offerings
11.14 Restoration Hardware Inc.
Exhibit 104: Restoration Hardware Inc. - Overview
Exhibit 105: Restoration Hardware Inc. - Business segments
Exhibit 106: Restoration Hardware Inc. - Key offerings
Exhibit 107: Restoration Hardware Inc. - Segment focus
11.15 Roomstogo.com Inc.
Exhibit 108: Roomstogo.com Inc. - Overview
Exhibit 109: Roomstogo.com Inc. - Product / Service
Exhibit 110: Roomstogo.com Inc. - Key offerings
11.16 Steinhoff International Holdings NV
Exhibit 111: Steinhoff International Holdings NV - Overview
Exhibit 112: Steinhoff International Holdings NV - Business segments
Exhibit 113: Steinhoff International Holdings NV - Key offerings
Exhibit 114: Steinhoff International Holdings NV - Segment focus
11.17 Williams Sonoma Inc.
Exhibit 115: Williams Sonoma Inc. - Overview
Exhibit 116: Williams Sonoma Inc. - Business segments
Exhibit 117: Williams Sonoma Inc. - Key news
Exhibit 118: Williams Sonoma Inc. - Key offerings
Exhibit 119: Williams Sonoma Inc. - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 120: Inclusions checklist
Exhibit 121: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 122: Currency conversion rates for US$
12.4 Research methodology
Exhibit 123: Research methodology
Exhibit 124: Validation techniques employed for market sizing
Exhibit 125: Information sources
12.5 List of abbreviations
Exhibit 126: List of abbreviations