US Furniture Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers US Furniture Industry Analysis and it is Segmented by Material (Wood, Metal, Plastic and Other Materials), by Application (Home Furniture, Office Furniture, Hospitality Furniture, and Other Furniture) and by Distribution Channel (Supermarkets, Specialty Stores, Online, and Other Distribution Channels).

US Furniture Market Size

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US Furniture Market Analysis

The United States Furniture Market is expected to register a CAGR of greater than 4% during the forecast period.

The United States furniture market is experiencing a significant transformation in retail dynamics, particularly in the digital space. E-commerce has emerged as a crucial sales channel, with major retailers adapting their strategies to meet evolving consumer preferences. According to recent data, Amazon led the online furniture segment with sales of USD 9,328 million in 2023, followed by Walmart at USD 7,142 million, highlighting the growing dominance of digital retail platforms. Traditional furniture retailers are rapidly expanding their online presence, with companies like Wayfair achieving retail sales of USD 10.47 billion in 2023, demonstrating the successful integration of digital and traditional retail models.

Consumer preferences are increasingly gravitating toward sustainable and environmentally conscious home furniture options, driving manufacturers to embrace greener practices and materials. This shift has led to a surge in the use of recycled materials, sustainably sourced wood, and eco-friendly production processes. A recent consumer survey revealed that ease of purchase was the primary motivation for 48% of online home furniture buyers in 2022, followed by lower prices (34%) and free delivery (31%), indicating a strong correlation between convenience and purchasing decisions in the modern furniture market.

The integration of technology into furniture design has become a defining trend, with smart furniture gaining significant traction in both residential and commercial furniture segments. Manufacturers are incorporating features such as built-in charging stations, programmable settings, and integrated lighting systems into their products. The market has witnessed a notable rise in multifunctional smart furniture pieces that cater to the evolving needs of urban living spaces, with particular emphasis on space-efficient designs that incorporate technological elements while maintaining aesthetic appeal.

The hospitality sector has emerged as a significant driver of innovation in furniture design and functionality. Following the resurgence in travel, both domestic and international, hotels and resorts are investing heavily in upgraded furnishings to enhance guest experiences. This trend has led to the development of specialized luxury furniture lines that combine durability with luxury, while also incorporating sustainable materials and smart features. The market has seen a particular emphasis on modular and adaptable furniture solutions that can be easily reconfigured to accommodate different space requirements and usage scenarios.

Segment Analysis: By Application

Home Furniture Segment in US Furniture Market

The home furniture segment maintains its dominant position in the United States furniture market, commanding approximately 70% of the total market share in 2024. This substantial market presence is driven by several key factors, including the increasing focus on home renovation and remodeling activities across the country. The segment's growth is further bolstered by the evolving work-from-home culture, which has prompted Americans to invest more in creating comfortable and functional living spaces. The demand for multi-functional home furniture pieces, such as convertible desks and modular sofas, has seen a notable uptick as consumers seek to optimize their living spaces. Additionally, the integration of smart technology into home furniture, including features like built-in USB ports and adjustable settings, has become increasingly prevalent, reflecting the modern consumer's preference for innovative and convenient solutions.

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Hospitality Furniture Segment in US Furniture Market

The hospitality furniture segment is emerging as the fastest-growing category in the US furniture market, projected to expand at approximately 4% through 2024-2029. This remarkable growth trajectory is primarily fueled by the robust recovery and expansion of the hospitality sector, including hotels, restaurants, and leisure facilities. The segment's growth is characterized by an increasing emphasis on sustainable and eco-friendly hospitality furniture solutions, with hoteliers and restaurateurs actively seeking products made from recycled materials and sustainably sourced woods. The integration of technology-enabled furniture pieces, such as smart seating with built-in charging capabilities and IoT-connected furniture systems, is becoming increasingly prevalent in the hospitality sector. Furthermore, the trend toward creating unique, Instagram-worthy spaces has led to a surge in demand for distinctive and customized furniture pieces that help establishments differentiate themselves in the competitive hospitality landscape.

Remaining Segments in Application Market Segmentation

The office furniture and other furniture segments continue to play vital roles in shaping the overall US furniture market landscape. The office furniture segment is experiencing significant transformation driven by the hybrid work model adoption, with organizations redesigning their workspaces to accommodate flexible working arrangements. Meanwhile, the other furniture segment, which encompasses institutional furniture for healthcare facilities, educational institutions, and public spaces, is witnessing evolution in design approaches to meet specific sector requirements. Both segments are characterized by increasing emphasis on ergonomic designs, sustainable materials, and adaptable solutions that can accommodate changing user needs and preferences. The integration of technology and focus on wellness-oriented designs are common threads across these segments, reflecting broader industry trends toward creating more user-centric and environmentally conscious furniture solutions.

Segment Analysis: By Material

Wood Segment in US Furniture Market

The wooden furniture segment continues to dominate the United States furniture market, commanding approximately 58% market share in 2024, valued at around USD 107.3 billion. This substantial market position is driven by the increasing preference for hardwood wooden furniture made from sustainable, eco-friendly materials among American consumers. The segment's strength is further reinforced by the rising demand for customizable wooden furniture that reflects individual style preferences, with manufacturers offering various wood species, finishes, and upholstery options. Premium furniture makers like Daniel's Amish, Bernhardt Furniture, and Vaughan Bassett are capitalizing on this trend by emphasizing traditional craftsmanship and sustainable sourcing practices. The integration of modern design elements, such as combining wood with metal furniture components, has also helped maintain wood's appeal in contemporary interior settings.

Plastic Segment in US Furniture Market

The plastic segment is projected to experience the highest growth rate of approximately 5% during the forecast period 2024-2029, driven by several key factors. The increasing demand for lightweight and cost-effective furniture solutions, particularly in contemporary living spaces, has positioned plastic as an attractive material choice. The segment's growth is further propelled by innovations in recycled plastic furniture manufacturing, with companies like Yardbird leading the way in transforming ocean plastic waste into stylish, affordable outdoor furniture. The versatility of plastic in creating minimalist designs perfectly aligns with current trends in compact home décor, while its durability and low maintenance requirements make it particularly appealing for outdoor furniture and children's furniture applications. Additionally, advancements in plastic furniture technology have improved the material's aesthetic appeal and structural integrity, addressing traditional concerns about its sophistication and strength.

Remaining Segments in Material Segmentation

The metal furniture and other materials segments continue to play vital roles in the US furniture market landscape. The metal furniture segment maintains its position as a reliable choice for both residential and commercial applications, particularly valued for its durability and modern aesthetic appeal. Metal furniture's ability to complement various design styles, from industrial to contemporary, makes it a versatile option for diverse consumer preferences. The other materials segment, encompassing materials like glass, bamboo, and natural stone, caters to niche market demands and luxury segments. These materials often serve as complementary elements in furniture design, offering unique aesthetic qualities and sustainable alternatives that align with evolving consumer preferences for environmentally conscious and distinctive furniture pieces.

Segment Analysis: By Distribution Channel

Business to Consumer (B2C) Segment in US Furniture Market

The Business to Consumer (B2C) segment dominates the United States furniture market, commanding approximately 69% of the total market share in 2024. This segment's prominence is driven by the increasing adoption of omnichannel retail strategies, where traditional brick-and-mortar stores are complemented by a robust online presence. Major retailers like Wayfair, IKEA, and Williams-Sonoma have significantly enhanced their digital capabilities, offering virtual room planning tools and augmented reality features to improve the online shopping experience. The segment's growth is further propelled by the rising trend of direct-to-consumer sales, where manufacturers are establishing their own retail channels to maintain closer relationships with end consumers. Additionally, the B2C segment is experiencing the fastest growth trajectory with a projected growth rate of around 4% from 2024 to 2029, driven by factors such as the increasing preference for premium and customized furniture, the expansion of specialty furniture stores, and the growing influence of social media in furniture purchasing decisions. The segment's evolution is also marked by the integration of sustainable practices and eco-friendly product offerings, responding to heightened consumer awareness about environmental impact.

Business to Business (B2B) Segment in US Furniture Market

The Business to Business (B2B) segment represents a crucial component of the United States furniture market, primarily serving corporate offices, healthcare facilities, educational institutions, and hospitality sectors. This segment operates through established distribution networks, including independent dealers, office product distributors, and direct manufacturer-to-business relationships. Key players like Steelcase, Herman Miller, and HNI Corporation have developed comprehensive B2B solutions that encompass not just furniture products but also space planning and workplace strategy consulting services. The segment's dynamics are shaped by the evolving nature of workplace design, with a growing emphasis on flexible and collaborative spaces. Manufacturers in this segment are increasingly focusing on modular and adaptable furniture solutions that can accommodate changing workplace requirements. The B2B segment also demonstrates strong commitment to sustainability certifications and workplace wellness standards, as corporate clients increasingly prioritize environmental and health considerations in their procurement decisions. Additionally, the segment has witnessed significant technological integration, with smart furniture solutions and IoT-enabled products gaining traction in corporate and institutional settings.

US Furniture Industry Overview

Top Companies in United States Furniture Market

The US furniture market features prominent players including Herman Miller, Steelcase, IKEA, Haworth, HNI Corporation, Global Furniture Group, Ashley Furniture Industries, Interior System Inc., and Okamura Group. These industry leaders are driving innovation through smart furniture integration, incorporating features like built-in charging stations, programmable settings, and voice control capabilities. Companies are demonstrating operational agility by expanding their digital presence and enhancing omnichannel capabilities to meet evolving consumer preferences. Strategic moves include partnerships with technology firms to develop augmented reality shopping experiences and virtual showrooms. Market expansion strategies encompass both geographic growth through new store openings and portfolio diversification through acquisitions of specialized furniture manufacturers, particularly in the commercial furniture and hospitality segments.

Dynamic Market with Strong Consolidation Trends

The US furniture market exhibits a mix of global conglomerates and specialized local manufacturers, with larger players leveraging economies of scale in production and distribution while smaller firms focus on niche markets and customization. The industry is experiencing significant consolidation through mergers and acquisitions, as exemplified by HNI Corporation's acquisition of Kimball International and Tempur Sealy's purchase of Mattress Firm. These strategic moves are reshaping the competitive landscape by combining complementary product portfolios and expanding market reach across different segments.

The market structure is characterized by both vertical integration and specialized focus, with some companies maintaining control over their entire value chain from manufacturing to retail, while others concentrate on specific market segments such as office furniture or residential products. Traditional furniture retailers are increasingly facing competition from e-commerce giants and direct-to-consumer brands, leading to strategic partnerships and digital transformation initiatives. The hospitality and healthcare segments are emerging as key battlegrounds for market players, driving specialized acquisitions and product development efforts.

Innovation and Adaptability Drive Market Success

For established players to maintain and expand their market share, focus must be placed on developing sustainable and technologically integrated furniture solutions while strengthening their omnichannel presence. Success factors include investing in research and development for smart furniture innovations, expanding customization capabilities, and building robust supply chain networks. Companies need to balance traditional retail presence with digital capabilities, while also considering strategic partnerships with technology firms to enhance product offerings and customer experience.

Emerging contenders can gain ground by focusing on underserved market segments and leveraging digital platforms to reach customers directly. Key strategies include developing specialized product lines for specific end-user segments, implementing innovative materials and manufacturing processes, and building strong brand identities through sustainability initiatives. While substitution risk remains moderate due to the essential nature of furniture products, companies must navigate potential regulatory challenges related to environmental standards and material sourcing. Success in the market increasingly depends on the ability to adapt to changing consumer preferences, particularly regarding sustainability and smart technology integration.

US Furniture Market Leaders

  1. Herman Miller

  2. Steelcase

  3. HNI Corporation

  4. Williams Sonoma

  5. Ashley HomeStore Corporation

  6. *Disclaimer: Major Players sorted in no particular order
United States Furiture Market.png 1.png
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US Furniture Market News

  • In 2021,America's two most celebrated manufacturers of modern furnishings and accessories for both the office and home, Herman Miller and Knoll, become a single powerhouse design entity.
  • In 2021, Knoll Inc., the storied Montgomery County furniture and textile designer and manufacturer, is being acquired by longtime competitor Herman Miller Inc. for $1.8 billion.

US Furniture Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Insights on Various Regulatory Landscape
  • 4.5 Insights on impact of technology and innovation in the Market
  • 4.6 Value Chain Analysis
  • 4.7 Industry Attractiveness - Porters' Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Impact of COVID-19 on the Market

5. MARKET SEGMENTATION

  • 5.1 Material
    • 5.1.1 Wood
    • 5.1.2 Metal
    • 5.1.3 Plastic
    • 5.1.4 Other Materials
  • 5.2 Application
    • 5.2.1 Home Furniture
    • 5.2.2 Office Furniture
    • 5.2.3 Hospitality
    • 5.2.4 Other Furniture
  • 5.3 Distribution Channel
    • 5.3.1 Supermarkets
    • 5.3.2 Specialty Stores
    • 5.3.3 Online
    • 5.3.4 Other Distribution Channels

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Competition Overview
  • 6.2 Company Profiles
    • 6.2.1 Herman Miller
    • 6.2.2 Steelcase
    • 6.2.3 HNI Corporation
    • 6.2.4 Williams Sonoma
    • 6.2.5 Ashley Homestore Corporation
    • 6.2.6 Berkshire Hathway Inc.
    • 6.2.7 Rooms To Go
    • 6.2.8 American Signature
    • 6.2.9 Haworth
    • 6.2.10 IKEA
    • 6.2.11 TJX*
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

8. DISCLAIMER AND ABOUT US

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US Furniture Industry Segmentation

A complete background analysis of the United States Furniture Market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report. United States Furniture Market is segmented by Material (Wood, Metal, Plastic and Other Materials), by Application (Home Furniture, Office Furniture, Hospitality Furniture, and Other Furniture) and by Distribution Channel (Supermarkets, Specialty Stores, Online, and Other Distribution Channels).

Material Wood
Metal
Plastic
Other Materials
Application Home Furniture
Office Furniture
Hospitality
Other Furniture
Distribution Channel Supermarkets
Specialty Stores
Online
Other Distribution Channels
Material
Wood
Metal
Plastic
Other Materials
Application
Home Furniture
Office Furniture
Hospitality
Other Furniture
Distribution Channel
Supermarkets
Specialty Stores
Online
Other Distribution Channels
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US Furniture Market Research FAQs

What is the current United States Furniture Market size?

The United States Furniture Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in United States Furniture Market?

Herman Miller, Steelcase, HNI Corporation, Williams Sonoma and Ashley HomeStore Corporation are the major companies operating in the United States Furniture Market.

What years does this United States Furniture Market cover?

The report covers the United States Furniture Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United States Furniture Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.