Global Furniture Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Furniture refers to movable objects intended to support various human activities such as seating (e.g., chairs, stools, and sofas), eating (tables), and sleeping (e.g., beds). Furniture is also used to hold objects at a convenient height for work (as horizontal surfaces above the ground, such as tables and desks), or to store things (e.g., cupboards and shelves). Furniture can be a product of design and is considered a form of decorative art. In addition to furniture's functional role, it can serve a symbolic or religious purpose. It can be made from many materials, including metal, plastic, and wood.

According to our Researcher latest study, the global Furniture market size was valued at USD 422740 million in 2022 and is forecast to a readjusted size of USD 553440 million by 2029 with a CAGR of 3.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The home furniture segment accounts for the largest revenue share due to the evolution of flat-pack and RTA furniture. To cater to the rising demand, the vendors in the market are focusing on manufacturing flat-pack furniture for medium-price segments and solid wood furniture targeted at the high-end market.

This report is a detailed and comprehensive analysis for global Furniture market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Furniture market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029

Global Furniture market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029

Global Furniture market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029

Global Furniture market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Furniture

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Furniture market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Steelcase, Herman Miller, Haworth, HNI Corporation and Okamura Corporation, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Furniture market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Metal Furniture

Plastic Furniture

Wood Furniture

Market segment by Application

Household

Office

Hospitality & Hotel

Education

Healthcare

Other

Major players

covered

Steelcase

Herman Miller

Haworth

HNI Corporation

Okamura Corporation

Kokuyo

ITOKI

Global Furniture Group

Teknion

Knoll

Kimball International

KI

Kinnarps Holding

Nowy Styl

Ahrend

Henglin Chair Industry

Flokk

Fursys

SUNON

Uchida Yoko

Changjiang Furniture Company

Sedus Stoll

EFG Holding

Aurora

Bene

Quama

Martela

USM Holding

VS

Lanlin

IKEA

Ashley Furniture Industries

Steinhoff

Kimball

Hill-Rom

Stryker

Market segment by region, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Furniture product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Furniture, with price, sales, revenue and global market share of Furniture from 2018 to 2023.

Chapter 3, the Furniture competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Furniture breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Furniture market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Furniture.

Chapter 14 and 15, to describe Furniture sales channel, distributors, customers, research findings and conclusion.

Frequently Asked Questions