United States Furniture Market to Grow with a CAGR of 5.92% through 2030
The United States Furniture
Market is driven by urbanization, rising disposable incomes, e-commerce growth,
home improvement trends, and increased consumer focus on comfort, aesthetics.
According
to TechSci Research report, “United States Furniture Market – By Region, Competition,
Forecast & Opportunities, 2030F”, the United States Furniture Market stood
at USD 171.85 Billion in 2024 and is anticipated to grow USD 242.61 Billion by
2030 with a CAGR 5.92% during
forecast period. The United States furniture market is a dynamic and
evolving sector, driven by changing consumer lifestyles, urbanization, and
advancements in technology. As one of the largest furniture markets globally,
it encompasses a wide range of products including bedroom furniture, seating,
storage solutions, and office furnishings. A growing focus on interior design,
comfort, and home personalization has fueled demand for both standard and
customized pieces. The rise in housing developments and homeownership, particularly
in the South and Midwest, further supports growth across residential furniture
segments. Consumers are increasingly viewing furniture not just as functional
necessities but as investments in personal space and lifestyle enhancement.
With
shrinking living spaces, especially in urban centers, consumers are looking for
versatile furniture that optimizes space while offering functionality and
style. Products such as sofa beds, foldable tables, and modular storage units
have gained popularity. This demand is particularly high among younger
consumers, including millennials and Gen Z, who seek affordable, durable, and
flexible furniture solutions to suit their fast-paced lifestyles and frequent
relocations. Additionally, home offices have become a permanent fixture in many
households, creating increased demand for ergonomic desks, chairs, and storage
designed for remote work environments.
Technology is also playing a significant
role in transforming the U.S. furniture market. Smart furniture—featuring
integrated tech such as wireless charging, LED lighting, voice control, and
adjustable components—is gaining ground as consumers seek greater convenience
and modern aesthetics. Furthermore, digital platforms and tools are
revolutionizing the buying experience. Online shopping has surged due to its
convenience, product variety, and the integration of augmented reality (AR) and
3D visualization tools that help consumers preview furniture in their homes.
Retailers and manufacturers are investing heavily in e-commerce, streamlining
logistics and improving delivery services to meet the growing online demand.
This digital transformation is not only enhancing accessibility but also
expanding the reach of brands beyond traditional geographic limitations.
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" United States Furniture Market”
The United
States Furniture Market is segmented into product type, material, and company.
Based on the product type, storage furniture is
the fastest-growing product segment in the U.S. furniture market, surpassing
seating in growth across office, education, and custom home applications. While
seating continues to generate the highest revenue in the North American contract
furniture sector, demand for storage cabinets and shelving is expanding rapidly
due to their practicality and rising need in space-constrained environments. In
the education sector, seating holds a larger share, but storage units such as
lockers and classroom cabinets are experiencing stronger growth due to
increased focus on organization and flexibility in learning spaces. Similarly,
in the custom home furniture segment, modular storage solutions like wardrobes,
shelving systems, and entertainment units are gaining popularity as consumers
seek efficient and tailored organization options for modern living.
Based on the region, Western region of the United States is the fastest‑growing market for furniture, driven by
affluent, eco-conscious consumers in states like California, Oregon, and
Colorado. West Coast buyers increasingly prioritize sustainability—FSC-certified
wood, recycled materials, and low-VOC finishes—and are willing to pay premiums
for products that align with their environmental values. Furthermore, migration
trends toward suburban and mountain areas have expanded demand for outdoor and
home-office furniture as these consumers invest in functional, stylish spaces.
Tech integration and minimalist design preferences also resonate strongly in
the region. Altogether, the West combines high disposable incomes, regulatory
drivers, and lifestyle shifts that fuel above-average growth in furniture
demand.
Major companies
operating in United States Furniture Market are:
- Ashley
Furniture Industries
- La‑Z‑Boy
- Bassett
Furniture Industries
- Steelcase
Inc.
- Haworth
Inc.
- MillerKnoll
company
- HNI
Corporation
- Sauder
Woodworking Co.
- Flexsteel
Industries
- L.
& J.G. Stickley
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“The United
States furniture market is driven by rising urbanization, growing disposable
incomes, and increased spending on home improvement. The expansion of
e-commerce has made furniture more accessible and customizable, boosting
consumer convenience. A strong shift toward sustainability is influencing
material choices and manufacturing practices. Modular and multifunctional
designs are gaining popularity due to shrinking living spaces and remote work
trends.,” said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based management consulting firm.
“United States Furniture
Market By Product Type (Bedroom Furniture, Seating Furniture, Storage
Furniture, Others), By Material (Metal, Wood, Plastic, Glass), By Region,
Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of United States Furniture Market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the United States Furniture Market.
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