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Global Furniture and Furnishing Market Research Report 2024
Synopsis
The furniture and furnishing industry is a manufacturing sector in global with a long history. It includes the production of household, office and kitchen furniture, as well as mattresses, bedding and parts of furniture. A large variety of raw materials are used in production, including wood, rattan, plastic and metal. Wooden furniture is the industry’s leading category in terms of production and exports.
The global Furniture and Furnishing market was valued at US$ 486300 million in 2023 and is anticipated to reach US$ 713170 million by 2030, witnessing a CAGR of 5.2% during the forecast period 2024-2030.
Global key furniture and furnishing players include IKEA, Ashley Furniture Industries and Tempur Sealy International etc. The top 3 companies hold a share about 8%. Asia-Pacific is the largest market with a share over 40%, followed by America and Europe.
In terms of product, home furniture is the largest segment with a share about 65%. And in terms of applications, the largest application is residental with a share about 75%.
This report aims to provide a comprehensive presentation of the global market for Furniture and Furnishing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furniture and Furnishing.
Report Scope
The Furniture and Furnishing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Furniture and Furnishing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Furniture and Furnishing companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IKEA
Ashley Furniture Industries
Tempur Sealy International
Williams-Sonoma
Restoration Hardware
Steelcase
Herman Miller
Kuka Home
Oppein Home Group
Okamura
HNI Corporation
Sleep Number
Haworth
La-Z-Boy
Serta Simmons Bedding
KOKUYO
Sofia Furniture
Sleemon
Segment by Type
Home
Office
Hotel
Healthcare
Educational
Furnishing
Others
Segment by Application
Residential
Commercial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Furniture and Furnishing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
The furniture and furnishing industry is a manufacturing sector in global with a long history. It includes the production of household, office and kitchen furniture, as well as mattresses, bedding and parts of furniture. A large variety of raw materials are used in production, including wood, rattan, plastic and metal. Wooden furniture is the industry’s leading category in terms of production and exports.
The global Furniture and Furnishing market was valued at US$ 486300 million in 2023 and is anticipated to reach US$ 713170 million by 2030, witnessing a CAGR of 5.2% during the forecast period 2024-2030.
Global key furniture and furnishing players include IKEA, Ashley Furniture Industries and Tempur Sealy International etc. The top 3 companies hold a share about 8%. Asia-Pacific is the largest market with a share over 40%, followed by America and Europe.
In terms of product, home furniture is the largest segment with a share about 65%. And in terms of applications, the largest application is residental with a share about 75%.
This report aims to provide a comprehensive presentation of the global market for Furniture and Furnishing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Furniture and Furnishing.
Report Scope
The Furniture and Furnishing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Furniture and Furnishing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Furniture and Furnishing companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IKEA
Ashley Furniture Industries
Tempur Sealy International
Williams-Sonoma
Restoration Hardware
Steelcase
Herman Miller
Kuka Home
Oppein Home Group
Okamura
HNI Corporation
Sleep Number
Haworth
La-Z-Boy
Serta Simmons Bedding
KOKUYO
Sofia Furniture
Sleemon
Segment by Type
Home
Office
Hotel
Healthcare
Educational
Furnishing
Others
Segment by Application
Residential
Commercial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Furniture and Furnishing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Furniture and Furnishing Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Home
1.2.3 Office
1.2.4 Hotel
1.2.5 Healthcare
1.2.6 Educational
1.2.7 Furnishing
1.2.8 Others
1.3 Market by Application
1.3.1 Global Furniture and Furnishing Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Furniture and Furnishing Market Perspective (2019-2030)
2.2 Furniture and Furnishing Growth Trends by Region
2.2.1 Global Furniture and Furnishing Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Furniture and Furnishing Historic Market Size by Region (2019-2024)
2.2.3 Furniture and Furnishing Forecasted Market Size by Region (2025-2030)
2.3 Furniture and Furnishing Market Dynamics
2.3.1 Furniture and Furnishing Industry Trends
2.3.2 Furniture and Furnishing Market Drivers
2.3.3 Furniture and Furnishing Market Challenges
2.3.4 Furniture and Furnishing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Furniture and Furnishing Players by Revenue
3.1.1 Global Top Furniture and Furnishing Players by Revenue (2019-2024)
3.1.2 Global Furniture and Furnishing Revenue Market Share by Players (2019-2024)
3.2 Global Furniture and Furnishing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Furniture and Furnishing Revenue
3.4 Global Furniture and Furnishing Market Concentration Ratio
3.4.1 Global Furniture and Furnishing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Furniture and Furnishing Revenue in 2023
3.5 Furniture and Furnishing Key Players Head office and Area Served
3.6 Key Players Furniture and Furnishing Product Solution and Service
3.7 Date of Enter into Furniture and Furnishing Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Furniture and Furnishing Breakdown Data by Type
4.1 Global Furniture and Furnishing Historic Market Size by Type (2019-2024)
4.2 Global Furniture and Furnishing Forecasted Market Size by Type (2025-2030)
5 Furniture and Furnishing Breakdown Data by Application
5.1 Global Furniture and Furnishing Historic Market Size by Application (2019-2024)
5.2 Global Furniture and Furnishing Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Furniture and Furnishing Market Size (2019-2030)
6.2 North America Furniture and Furnishing Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Furniture and Furnishing Market Size by Country (2019-2024)
6.4 North America Furniture and Furnishing Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Furniture and Furnishing Market Size (2019-2030)
7.2 Europe Furniture and Furnishing Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Furniture and Furnishing Market Size by Country (2019-2024)
7.4 Europe Furniture and Furnishing Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Furniture and Furnishing Market Size (2019-2030)
8.2 Asia-Pacific Furniture and Furnishing Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Furniture and Furnishing Market Size by Region (2019-2024)
8.4 Asia-Pacific Furniture and Furnishing Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Furniture and Furnishing Market Size (2019-2030)
9.2 Latin America Furniture and Furnishing Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Furniture and Furnishing Market Size by Country (2019-2024)
9.4 Latin America Furniture and Furnishing Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Furniture and Furnishing Market Size (2019-2030)
10.2 Middle East & Africa Furniture and Furnishing Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Furniture and Furnishing Market Size by Country (2019-2024)
10.4 Middle East & Africa Furniture and Furnishing Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 IKEA
11.1.1 IKEA Company Detail
11.1.2 IKEA Business Overview
11.1.3 IKEA Furniture and Furnishing Introduction
11.1.4 IKEA Revenue in Furniture and Furnishing Business (2019-2024)
11.1.5 IKEA Recent Development
11.2 Ashley Furniture Industries
11.2.1 Ashley Furniture Industries Company Detail
11.2.2 Ashley Furniture Industries Business Overview
11.2.3 Ashley Furniture Industries Furniture and Furnishing Introduction
11.2.4 Ashley Furniture Industries Revenue in Furniture and Furnishing Business (2019-2024)
11.2.5 Ashley Furniture Industries Recent Development
11.3 Tempur Sealy International
11.3.1 Tempur Sealy International Company Detail
11.3.2 Tempur Sealy International Business Overview
11.3.3 Tempur Sealy International Furniture and Furnishing Introduction
11.3.4 Tempur Sealy International Revenue in Furniture and Furnishing Business (2019-2024)
11.3.5 Tempur Sealy International Recent Development
11.4 Williams-Sonoma
11.4.1 Williams-Sonoma Company Detail
11.4.2 Williams-Sonoma Business Overview
11.4.3 Williams-Sonoma Furniture and Furnishing Introduction
11.4.4 Williams-Sonoma Revenue in Furniture and Furnishing Business (2019-2024)
11.4.5 Williams-Sonoma Recent Development
11.5 Restoration Hardware
11.5.1 Restoration Hardware Company Detail
11.5.2 Restoration Hardware Business Overview
11.5.3 Restoration Hardware Furniture and Furnishing Introduction
11.5.4 Restoration Hardware Revenue in Furniture and Furnishing Business (2019-2024)
11.5.5 Restoration Hardware Recent Development
11.6 Steelcase
11.6.1 Steelcase Company Detail
11.6.2 Steelcase Business Overview
11.6.3 Steelcase Furniture and Furnishing Introduction
11.6.4 Steelcase Revenue in Furniture and Furnishing Business (2019-2024)
11.6.5 Steelcase Recent Development
11.7 Herman Miller
11.7.1 Herman Miller Company Detail
11.7.2 Herman Miller Business Overview
11.7.3 Herman Miller Furniture and Furnishing Introduction
11.7.4 Herman Miller Revenue in Furniture and Furnishing Business (2019-2024)
11.7.5 Herman Miller Recent Development
11.8 Kuka Home
11.8.1 Kuka Home Company Detail
11.8.2 Kuka Home Business Overview
11.8.3 Kuka Home Furniture and Furnishing Introduction
11.8.4 Kuka Home Revenue in Furniture and Furnishing Business (2019-2024)
11.8.5 Kuka Home Recent Development
11.9 Oppein Home Group
11.9.1 Oppein Home Group Company Detail
11.9.2 Oppein Home Group Business Overview
11.9.3 Oppein Home Group Furniture and Furnishing Introduction
11.9.4 Oppein Home Group Revenue in Furniture and Furnishing Business (2019-2024)
11.9.5 Oppein Home Group Recent Development
11.10 Okamura
11.10.1 Okamura Company Detail
11.10.2 Okamura Business Overview
11.10.3 Okamura Furniture and Furnishing Introduction
11.10.4 Okamura Revenue in Furniture and Furnishing Business (2019-2024)
11.10.5 Okamura Recent Development
11.11 HNI Corporation
11.11.1 HNI Corporation Company Detail
11.11.2 HNI Corporation Business Overview
11.11.3 HNI Corporation Furniture and Furnishing Introduction
11.11.4 HNI Corporation Revenue in Furniture and Furnishing Business (2019-2024)
11.11.5 HNI Corporation Recent Development
11.12 Sleep Number
11.12.1 Sleep Number Company Detail
11.12.2 Sleep Number Business Overview
11.12.3 Sleep Number Furniture and Furnishing Introduction
11.12.4 Sleep Number Revenue in Furniture and Furnishing Business (2019-2024)
11.12.5 Sleep Number Recent Development
11.13 Haworth
11.13.1 Haworth Company Detail
11.13.2 Haworth Business Overview
11.13.3 Haworth Furniture and Furnishing Introduction
11.13.4 Haworth Revenue in Furniture and Furnishing Business (2019-2024)
11.13.5 Haworth Recent Development
11.14 La-Z-Boy
11.14.1 La-Z-Boy Company Detail
11.14.2 La-Z-Boy Business Overview
11.14.3 La-Z-Boy Furniture and Furnishing Introduction
11.14.4 La-Z-Boy Revenue in Furniture and Furnishing Business (2019-2024)
11.14.5 La-Z-Boy Recent Development
11.15 Serta Simmons Bedding
11.15.1 Serta Simmons Bedding Company Detail
11.15.2 Serta Simmons Bedding Business Overview
11.15.3 Serta Simmons Bedding Furniture and Furnishing Introduction
11.15.4 Serta Simmons Bedding Revenue in Furniture and Furnishing Business (2019-2024)
11.15.5 Serta Simmons Bedding Recent Development
11.16 KOKUYO
11.16.1 KOKUYO Company Detail
11.16.2 KOKUYO Business Overview
11.16.3 KOKUYO Furniture and Furnishing Introduction
11.16.4 KOKUYO Revenue in Furniture and Furnishing Business (2019-2024)
11.16.5 KOKUYO Recent Development
11.17 Sofia Furniture
11.17.1 Sofia Furniture Company Detail
11.17.2 Sofia Furniture Business Overview
11.17.3 Sofia Furniture Furniture and Furnishing Introduction
11.17.4 Sofia Furniture Revenue in Furniture and Furnishing Business (2019-2024)
11.17.5 Sofia Furniture Recent Development
11.18 Sleemon
11.18.1 Sleemon Company Detail
11.18.2 Sleemon Business Overview
11.18.3 Sleemon Furniture and Furnishing Introduction
11.18.4 Sleemon Revenue in Furniture and Furnishing Business (2019-2024)
11.18.5 Sleemon Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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