US Upholstered Furniture Market Size

US Upholstered Furniture Market Analysis

The US Upholstered Furniture Market size is estimated at USD 20 billion in 2024, and is expected to reach USD 26.80 billion by 2029, growing at a CAGR of greater than 5.5% during the forecast period (2024-2029).

The upholstered furniture market is one of the most rapidly expanding segments in the furniture industry worldwide. The UHF market in the United States experienced rapid growth after the global economic downturn. Only a few well-established and well-equipped companies in the US usually supply the majority of exports. Economic growth and significant infrastructure investments have generated regional income. Additionally, the structure of domestic production, imports and exports, and consumption have enabled market players to analyze and take advantage of opportunities.

The United States of America is the foremost provider of imported upholstery furniture, accounting for approximately 40% of the total local consumption of upholstery. Fifty percent of the imported upholstery is sourced from outside the United States, with China remaining the primary source of upholstery imports, representing 70% of the total. Other countries that are increasing their imports of upholstery include Vietnam and Mexico.

The importance of online sales for upholstery, as well as the digital strategies employed by major manufacturers and a variety of furniture retailers that offer their products online. In recent times, the winter storm has disrupted the supply of furniture due to the closure of chemical plants in Texas and Louisiana that produce polyurethane foam, an essential material for upholstery.