Global Furniture Market Outlook, 2028

The Global Furniture market is expected to cross USD 885.34 Billion market size by 2028 due to changing consumer lifestyles.

Featured Companies

  • 1. Godrej & Boyce Manufacturing Company Limited
  • 2. Vitra
  • 3. Kimball International
  • 4. Haworth Inc.
  • 5. HNI Corporation
  • 6. Okamura Corporation
  • 7. Steelcase Inc.
  • 8. Herman Miller, Inc.
  • 9. Krueger International, Inc
  • More...

Household furniture that is stylish successfully increases the beauty of the living environment. The global population's growing home decoration and renovation preferences are primarily driving demand for such products. Consumers choose to purchase highly engineered things such as sofas, stools, chairs, and others to enhance the aesthetics of their living and dining areas. In addition, by using sectional sofas in their offices, people may have meetings and talks in a more flexible manner. Rising household demand for chairs and stools in various sculptural shapes, such as a pyramid, curves, and others, is projected to give novel prospects for market expansion. People nowadays suffer from respiratory issues and skin irritation as a result of the excessive usage of formaldehyde-based products. As a result, to avoid such skin disorders, consumers prefer formaldehyde-free chairs and sofa sets manufactured from sustainable materials such as rattan, bamboo, recycled textiles, and others. Furthermore, the rising use of interior designs such as anchoring points, cubicles, and others between corporate infrastructural settings would alleviate the necessity for such settings' original style. People's growing interest in activities such as planting and gardening will provide new exposure for patio tables and garden chairs among a variety of consumers. Furthermore, increased PC and laptop gaming patterns among individuals are expected to reduce consumer demand for ergonomically designed gaming tables and chairs worldwide. Furthermore, the global expansion of the travel and tourism sector, in conjunction with rising income levels, changing lifestyles, and rising living standards, is increasing the need for lightweight, multifunctional, and portable furniture with maximum storage capacity. Aside from that, the growing number of nuclear families is driving up demand for foldable and compact furniture that can be conveniently organized in smaller places. Furthermore, the growing number of people suffering from postural dysfunction is fueling demand for ergonomically built furniture to prevent health and posture issues in children and adults. According to the research report, “Global Furniture Market Outlook, 2028” published by Bonafide Research, the market is expected to cross USD 885.34 Billion market size, increasing from USD 627.46 Billion in 2022. The global market is forecasted to grow with 5.96% CAGR by 2023-28. The construction of these hospitals, churches, and schools is expected to increase demand for furniture such as beds, chairs, desks, storage, and other items. Eco-friendly raw materials such as bamboo, cork, and felt are being developed for use in the production of furniture and other products such as shoes. Because of its advantages over timber wood, such as its low-carbon raw material, bamboo is an excellent replacement for wood in the making of furniture. Furniture is vital in commercial areas for seating configurations and document storage. Furniture designs can be updated using machine-based methods and handcrafting, depending on their eventual usage. The increase in the number of small-sized residences has encouraged the use of multi-functional furniture, which has allowed for more storage. It has been observed that there is an increase in the use of extra home spaces for an office, which has resulted in a demand for office furniture. Due to the numerous sellers, both international and regional, the furniture market is highly fragmented. The worldwide furniture market is currently being propelled by a thriving real estate industry. Furthermore, rising disposable income has led people to spend more money on a more comfortable lifestyle, which is predicted to boost the global furniture business.

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Furniture Market Based on Region, the North America, Europe, Asia Pacific, South America, Middle East & Africa, among them the Asia Pacific dominate the global Furniture market with high market share in 2022. Asia Pacific, particularly countries like China, Japan, and India, has become a major manufacturing hub for furniture production. The region's lower production costs, abundant labor force, and well-established supply chains have attracted international manufacturers seeking cost-effective production. Many Asia Pacific countries have embraced export-oriented economies, with a focus on producing goods for global markets. This has translated into significant furniture exports to various regions, further enhancing the region's dominance in the market. Asia Pacific boasts a skilled labor force with expertise in various aspects of furniture production, including woodworking, upholstery, and design. This craftsmanship has contributed to the reputation of the region's furniture for quality and design excellence. Rapid urbanization and construction activities have led to a surge in real estate development across Asia Pacific. This has spurred demand for furniture to furnish new residential, commercial, and hospitality spaces. Many Asia Pacific countries have created favorable business environments, including tax incentives and regulatory support, to attract foreign investment in the furniture industry. This has encouraged the growth of local manufacturers and foreign companies establishing production facilities.

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Manmayi Raval

Manmayi Raval

Research Consultant

Wood segments are expected to lead the market with significant share by 2028. And the plastic segment is expected to grow at the highest CAGR during the forecast period. Wood has been a preferred material for furniture due to its aesthetic appeal, durability, and versatility. It offers various design possibilities, and its natural look appeals to a wide range of consumers. Wood furniture is popular across the globe, with different regions having distinct preferences for wood types and styles. Hardwoods like oak, cherry, and walnut are commonly used for high-quality furniture. Wood's natural beauty, warmth, and distinctive grain patterns contribute to its timeless aesthetic appeal. Consumers often gravitate towards the classic and authentic look that wood furniture provides. Wood is a versatile material that can be crafted into a wide variety of furniture styles, from traditional to contemporary. This adaptability allows manufacturers to cater to diverse consumer preferences. In addition, Plastic furniture is often more affordable than alternatives like wood or metal, making it an attractive option for budget-conscious consumers. This affordability widens the market reach of plastic furniture. Plastic's lightweight nature makes it easy to move and rearrange furniture pieces as needed. This portability is especially appealing for consumers who value flexibility and adaptability in their living spaces. Many plastic furniture pieces are designed for outdoor use due to their resistance to weather elements, UV radiation, and moisture. This makes plastic furniture suitable for garden, patio, and poolside settings. By product:

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Manmayi Raval

Based on the product types segment, which includes Beds, Tables & Desks, Sofa & Couch, Chairs & Stools, Cabinets & Shelves and Others. Among them, Beds is leading the market in 2022. Beds are an essential and indispensable piece of furniture in every household. They serve the fundamental need for sleep and rest, making them a non-negotiable item in homes worldwide. Beds are highly personal items, and consumers seek customization options to cater to their specific comfort preferences. This drives demand for a wide range of mattress types, firmness levels, and support systems. Beds equipped with smart features like sleep tracking, adjustable firmness, temperature control, and integrated speakers are gaining popularity. These features cater to the growing interest in optimizing sleep quality and creating personalized sleep environments. Increasing environmental awareness is driving the demand for beds made from sustainable materials, such as organic cotton, natural latex, and responsibly sourced wood. Consumers are looking for eco-friendly options that align with their values. By Category: The outdoor segment is expected to have the highest CAGR of by 2023–28 in the global furniture market. There has been a noticeable trend of people seeking to extend their living spaces to the outdoors. This includes creating comfortable outdoor lounging and dining areas. As more people look for ways to enjoy nature and fresh air at home, the demand for outdoor furniture increases. Outdoor furniture has become an integral part of lifestyle and aesthetics. People are increasingly investing in high-quality outdoor furniture that complements their homes and reflects their personal style. This shift in consumer behavior drives the demand for a variety of outdoor furniture options. Many homeowners are investing in home improvement projects, including outdoor space upgrades. Renovating or revamping outdoor areas often involves purchasing new furniture to enhance the visual appeal and functionality of those spaces. The hospitality industry, including hotels, resorts, restaurants, and cafes, also contributes to the demand for outdoor furniture. As these establishments create outdoor seating and relaxation areas, they drive bulk purchases of outdoor furniture. Outdoor furniture sales often experience peaks during certain seasons and holidays, such as spring and summer, when people are more likely to spend time outdoors. This seasonality can lead to increased market share for the outdoor furniture segment during these periods. By Application: Residential is expected to have a great market share in the global furniture market by 2028. The world's population continues to grow, and more people are living in urban areas. This urbanization trend often results in increased housing construction and home purchases, leading to higher demand for residential furniture to furnish these living spaces. Residential furniture allows for a high degree of customization to match individual preferences and spatial requirements. Consumers value the ability to personalize their furniture choices, which drives demand within the residential segment. In many cultures, the concept of a "home" holds significant value. People often view their homes as a sanctuary and a reflection of their identity. This emotional connection to the home drives the demand for well-furnished living spaces. Furniture items are often given as gifts during special occasions, such as weddings, housewarming parties, and holidays. This gift-giving tradition contributes to steady demand within the residential furniture market. Different generations have distinct preferences when it comes to furniture styles and designs. With generational shifts in housing dynamics, preferences, and purchasing power, the residential furniture market adapts to cater to varying consumer needs. By Distribution Channel: Based on the distribution channels, which include specialty stores, supermarkets, hypermarkets, online, and other distribution channels, Online is expected to have a significant in the global furniture market in 2028. Online shopping offers unparalleled convenience. Consumers can browse and purchase furniture from the comfort of their homes, eliminating the need to travel to physical stores. This accessibility attracts a wide range of shoppers, including those with busy schedules or limited mobility. Online retailers can offer a vast selection of furniture products compared to brick-and-mortar stores. Consumers have access to a diverse range of styles, designs, sizes, and price points, catering to various tastes and preferences. E-commerce platforms have evolved to offer seamless navigation, advanced search filters, and personalized recommendations. These features enhance the online shopping experience and make it easier for customers to find products they're interested in. Online furniture stores are open 24/7, allowing customers to shop at any time that suits them. This convenience is particularly appealing to those with busy schedules or unconventional working hours. Some well-known online furniture retailers included Wayfair, IKEA, Amazon, Overstock, Ashley Homestore, Crate & Barrel, and West Elm. Market Drivers: Rise of Rental and Subscription Models: Furniture rental and subscription services have gained popularity, especially among younger generations and urban dwellers that prioritize flexibility and avoid long-term commitments. Buying quality furniture can be expensive, and not everyone can afford to invest in premium pieces. Renting or subscribing to furniture services provides access to high-quality furniture without a significant upfront cost. The younger generations are increasingly environmentally conscious and are looking for ways to reduce their carbon footprint. Renting furniture can be seen as a sustainable choice since it reduces the demand for new furniture production and lowers the amount of furniture waste in landfills. Online platforms have made it easier than ever to browse and select furniture to rent. Customers can make their choices from the comfort of their homes and have the furniture delivered to their doorstep. Market Restraints: Long Replacement Cycles: Furniture is often considered a long-term investment, leading to longer replacement cycles. This can limit frequent purchases and impact sales volume. Quality furniture can be a significant investment, leading consumers to carefully consider their purchase decisions. The initial cost can deter frequent purchases, especially for larger items like sofas, dining sets, and bedroom furniture. The longevity of furniture can clash with the rapid pace of changing design trends. Consumers might hesitate to replace furniture that still serves its functional purpose even if it doesn't align with the latest design aesthetics. Replacing furniture can be a significant expense, and consumers may need to allocate funds over time to afford new pieces. Budget constraints can lengthen replacement cycles, especially for larger or higher-priced items. Market Trends: Smart and Connected Furniture: Smart and connected furniture is a trend that involves incorporating technology and connectivity features directly into various pieces of furniture. Many smart furniture designs include built-in charging ports and wireless charging pads. These ports allow users to conveniently charge their devices, such as smartphones, tablets, and laptops, without the need for separate chargers or cords. Smart furniture can be equipped with Bluetooth, Wi-Fi, or other wireless technologies, enabling seamless connectivity to other devices in the home network. This connectivity can allow users to control and manage various aspects of their furniture through mobile apps or voice assistants. Internet of Things (IoT) features enable furniture to connect to the internet and communicate with other smart devices. For example, a smart sofa could adjust its recline or lumbar support based on the user's preferences, or a smart bed could adjust its firmness based on sleep patterns. Furniture with built-in LED lighting can be controlled remotely or through sensors to create different ambiance settings. For instance, a smart table might have adjustable color and brightness settings. Market Players Insights: Companies primarily focus on developing new types of expensive fixture items on a regular basis in order to entice individuals to purchase such things. This assists businesses in generating revenue from such products. In order to compete globally, they also focus on developing their business in overseas areas. Some of them are XX, Recent Developments: • Steelcase officially debuted the ergonomic mesh chair in April 2023, with the goal of improving body movement and providing entire body comfort, and it is fully sustainable. • IKEA debuted the Nytillverkad series of furniture in April 2023, with the first look of the product debuting at the 2023 Milan Design Week. • Zuari Global stated in May 2023 that it has purchased a 13.19% stake in Forte Furniture Product, an Indian Furniture Products subsidiary. • Wriver announced the exclusive introduction of a selection of new furniture pieces made in conjunction with the famous award-winning design studios Morph Lab, MuseLAB, Studio Sumeet Nagi, and Wriver Design Studio at India Design 2023 in March 2023. To promote their concept of 'energising modern life,' the collections were founded in worldwide sensibilities and developed to empower interior designers. Companies Covered in this Report: Steelcase Inc., MillerKnoll, Inc, Haworth Inc., Okamura Corporation, Krueger International, Inc, Vitra, Kinnarps Holding AB, Inter IKEA Systems B.V., Virco inc., HNI Corporation, Kimball International, König + Neurath AG, Hooker Furnishings Corporation, Ralph Lauren Corporation, Ashley Furniture Industries, Inc, Design Holding S.p.A., Rolf Benz, Ligne Roset, Steris plc and Godrej & Boyce Mfg. Co. Ltd. Considered in this report • Geography: Global • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Global Furniture with its value and forecast along with its segments • Region-wise Stationery Products market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Regions & Countries covered in the report: • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Spain, Italy, Russia) • Asia-Pacific (China, Japan, India, Australia, South Korea) • South America (Brazil, Argentina, Colombia) • Middle-East & Africa (UAE, Saudi Arabia, South Africa) By Material • Wood • Metal • Plastic • Glass • Others By product • Beds • Tables & Desks • Sofa & Couch • Chairs & Stools • Cabinets & Shelves • Other By Category • Indoor • Outdoor By Application • Residential • Office • Hotel • Others (Hospital Furniture) By Distribution Channel • Specialty Stores (Traditional Stores, Branded Furniture/Flagships Stores, Lifestyle Stores, Home Centers) • Supermarkets and Hypermarkets (Department Stores, Discount Department Stores) • Online • Others (Office Supply Stores, Buying Through a Designer) The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organisations related to the Furniture industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Godrej & Boyce Manufacturing Company Limited
  • Vitra
  • Kimball International
  • Haworth Inc.
  • HNI Corporation
  • Okamura Corporation
  • Steelcase Inc.
  • Herman Miller, Inc.
  • Krueger International, Inc
  • Virco inc.
  • Ralph Lauren Corporation
  • Kinnarps Holding AB
  • Inter IKEA Systems B.V.
  • König + Neurath AG
  • Hooker Furnishings Corporation
  • Ashley Furniture Industries, Inc
  • Design Holding S.p.A.
  • Rolf Benz
  • Ligne Roset
  • Steris plc

Table of Contents

  • Table of Contents
  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers & Opportunities
  • 2.2. Market Restraints & Challenges
  • 2.3. Market Trends
  • 2.4. Covid-19 Effect
  • 2.5. Supply chain Analysis
  • 2.6. Policy & Regulatory Framework
  • 2.7. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Global Furniture Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Region
  • 6.3. Market Size and Forecast, By Geography
  • 6.4. Market Size and Forecast, By Material
  • 6.5. Market Size and Forecast, By Product
  • 6.6. Market Size and Forecast, By Category
  • 6.7. Market Size and Forecast, By Application
  • 6.8. Market Size and Forecast, By Distribution Channel
  • 7. North America Furniture Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast, By Material
  • 7.4. Market Size and Forecast, By Product
  • 7.5. Market Size and Forecast, By Category
  • 7.6. Market Size and Forecast, By Application
  • 7.7. Market Size and Forecast, By Distribution Channel
  • 7.8. United States Furniture Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Size and Forecast By Material
  • 7.8.3. Market Size and Forecast By Product
  • 7.8.4. Market Size and Forecast By Application
  • 7.8.5. Market Size and Forecast By Distribution Channel
  • 7.9. Canada Furniture Market Outlook
  • 7.9.1. Market Size By Value
  • 7.9.2. Market Size and Forecast By Material
  • 7.9.3. Market Size and Forecast By Product
  • 7.9.4. Market Size and Forecast By Application
  • 7.9.5. Market Size and Forecast By Distribution Channel
  • 7.10. Mexico Furniture Market Outlook
  • 7.10.1. Market Size By Value
  • 7.10.2. Market Size and Forecast By Material
  • 7.10.3. Market Size and Forecast By Product
  • 7.10.4. Market Size and Forecast By Application
  • 7.10.5. Market Size and Forecast By Distribution Channel
  • 8. Europe Furniture Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share By Country
  • 8.3. Market Size and Forecast, By Material
  • 8.4. Market Size and Forecast, By Product
  • 8.5. Market Size and Forecast, By Category
  • 8.6. Market Size and Forecast, By Application
  • 8.7. Market Size and Forecast, By Distribution Channel
  • 8.8. Germany Furniture Market Outlook
  • 8.8.1. Market Size By Value
  • 8.8.2. Market Size and Forecast By Material
  • 8.8.3. Market Size and Forecast By Product
  • 8.8.4. Market Size and Forecast By Application
  • 8.8.5. Market Size and Forecast By Distribution Channel
  • 8.9. United Kingdom Furniture Market Outlook
  • 8.9.1. Market Size By Value
  • 8.9.2. Market Size and Forecast By Material
  • 8.9.3. Market Size and Forecast By Product
  • 8.9.4. Market Size and Forecast By Application
  • 8.9.5. Market Size and Forecast By Distribution Channel
  • 8.10. France Furniture Market Outlook
  • 8.10.1. Market Size By Value
  • 8.10.2. Market Size and Forecast By Material
  • 8.10.3. Market Size and Forecast By Product
  • 8.10.4. Market Size and Forecast By Application
  • 8.10.5. Market Size and Forecast By Distribution Channel
  • 8.11. Italy Furniture Market Outlook
  • 8.11.1. Market Size By Value
  • 8.11.2. Market Size and Forecast By Material
  • 8.11.3. Market Size and Forecast By Product
  • 8.11.4. Market Size and Forecast By Application
  • 8.11.5. Market Size and Forecast By Distribution Channel
  • 8.12. Spain Furniture Market Outlook
  • 8.12.1. Market Size By Value
  • 8.12.2. Market Size and Forecast By Material
  • 8.12.3. Market Size and Forecast By Product
  • 8.12.4. Market Size and Forecast By Application
  • 8.12.5. Market Size and Forecast By Distribution Channel
  • 8.13. Russia Furniture Market Outlook
  • 8.13.1. Market Size By Value
  • 8.13.2. Market Size and Forecast By Material
  • 8.13.3. Market Size and Forecast By Product
  • 8.13.4. Market Size and Forecast By Application
  • 8.13.5. Market Size and Forecast By Distribution Channel
  • 9. Asia-Pacific Furniture Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share By Country
  • 9.3. Market Size and Forecast, By Material
  • 9.4. Market Size and Forecast, By Product
  • 9.5. Market Size and Forecast, By Category
  • 9.6. Market Size and Forecast, By Application
  • 9.7. Market Size and Forecast, By Distribution Channel
  • 9.8. China Furniture Market Outlook
  • 9.8.1. Market Size By Value
  • 9.8.2. Market Size and Forecast By Material
  • 9.8.3. Market Size and Forecast By Product
  • 9.8.4. Market Size and Forecast By Application
  • 9.8.5. Market Size and Forecast By Distribution Channel
  • 9.9. Japan Furniture Market Outlook
  • 9.9.1. Market Size By Value
  • 9.9.2. Market Size and Forecast By Material
  • 9.9.3. Market Size and Forecast By Product
  • 9.9.4. Market Size and Forecast By Application
  • 9.9.5. Market Size and Forecast By Distribution Channel
  • 9.10. India Furniture Market Outlook
  • 9.10.1. Market Size By Value
  • 9.10.2. Market Size and Forecast By Material
  • 9.10.3. Market Size and Forecast By Product
  • 9.10.4. Market Size and Forecast By Application
  • 9.10.5. Market Size and Forecast By Distribution Channel
  • 9.11. Australia Furniture Market Outlook
  • 9.11.1. Market Size By Value
  • 9.11.2. Market Size and Forecast By Material
  • 9.11.3. Market Size and Forecast By Product
  • 9.11.4. Market Size and Forecast By Application
  • 9.11.5. Market Size and Forecast By Distribution Channel
  • 9.12. South Korea Furniture Market Outlook
  • 9.12.1. Market Size By Value
  • 9.12.2. Market Size and Forecast By Material
  • 9.12.3. Market Size and Forecast By Product
  • 9.12.4. Market Size and Forecast By Application
  • 9.12.5. Market Size and Forecast By Distribution Channel
  • 10. South America Furniture Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share By Country
  • 10.3. Market Size and Forecast, By Material
  • 10.4. Market Size and Forecast, By Product
  • 10.5. Market Size and Forecast, By Category
  • 10.6. Market Size and Forecast, By Application
  • 10.7. Market Size and Forecast, By Distribution Channel
  • 10.8. Brazil Furniture Market Outlook
  • 10.8.1. Market Size By Value
  • 10.8.2. Market Size and Forecast By Material
  • 10.8.3. Market Size and Forecast By Product
  • 10.8.4. Market Size and Forecast By Application
  • 10.8.5. Market Size and Forecast By Distribution Channel
  • 10.9. Argentina Furniture Market Outlook
  • 10.9.1. Market Size By Value
  • 10.9.2. Market Size and Forecast By Material
  • 10.9.3. Market Size and Forecast By Product
  • 10.9.4. Market Size and Forecast By Application
  • 10.9.5. Market Size and Forecast By Distribution Channel
  • 10.10. Columbia Furniture Market Outlook
  • 10.10.1. Market Size By Value
  • 10.10.2. Market Size and Forecast By Material
  • 10.10.3. Market Size and Forecast By Product
  • 10.10.4. Market Size and Forecast By Application
  • 10.10.5. Market Size and Forecast By Distribution Channel
  • 11. Middle East & Africa Furniture Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share By Country
  • 11.3. Market Size and Forecast, By Material
  • 11.4. Market Size and Forecast, By Product
  • 11.5. Market Size and Forecast, By Category
  • 11.6. Market Size and Forecast, By Application
  • 11.7. Market Size and Forecast, By Distribution Channel
  • 11.8. UAE Furniture Market Outlook
  • 11.8.1. Market Size By Value
  • 11.8.2. Market Size and Forecast By Material
  • 11.8.3. Market Size and Forecast By Product
  • 11.8.4. Market Size and Forecast By Application
  • 11.8.5. Market Size and Forecast By Distribution Channel
  • 11.9. Saudi Arabia Furniture Market Outlook
  • 11.9.1. Market Size By Value
  • 11.9.2. Market Size and Forecast By Material
  • 11.9.3. Market Size and Forecast By Product
  • 11.9.4. Market Size and Forecast By Application
  • 11.9.5. Market Size and Forecast By Distribution Channel
  • 11.10. South Africa Furniture Market Outlook
  • 11.10.1. Market Size By Value
  • 11.10.2. Market Size and Forecast By Material
  • 11.10.3. Market Size and Forecast By Product
  • 11.10.4. Market Size and Forecast By Application
  • 11.10.5. Market Size and Forecast By Distribution Channel
  • 12. Competitive Landscape
  • 12.1. Competitive Dashboard
  • 12.2. Business Strategies Adopted by Key Players
  • 12.3. Key Players Market Share Insights and Analysis, 2022
  • 12.4. Key Players Market Positioning Matrix
  • 12.5. Porter's Five Forces
  • 12.6. Company Profile
  • 12.6.1. Steelcase Inc.
  • 12.6.1.1. Company Snapshot
  • 12.6.1.2. Company Overview
  • 12.6.1.3. Financial Highlights
  • 12.6.1.4. Geographic Insights
  • 12.6.1.5. Business Segment & Performance
  • 12.6.1.6. Product Portfolio
  • 12.6.1.7. Key Executives
  • 12.6.1.8. Strategic Moves & Developments
  • 12.6.2. MillerKnoll, Inc
  • 12.6.3. Haworth Inc.
  • 12.6.4. Okamura Corporation
  • 12.6.5. Krueger International, Inc
  • 12.6.6. Vitra
  • 12.6.7. Kinnarps Holding AB
  • 12.6.8. Inter IKEA Systems B.V.
  • 12.6.9. Virco inc.
  • 12.6.10. HNI Corporation
  • 12.6.11. Kimball International
  • 12.6.12. König + Neurath AG
  • 12.6.13. Hooker Furnishings Corporation
  • 12.6.14. Ralph Lauren Corporation
  • 12.6.15. Ashley Furniture Industries, Inc
  • 12.6.16. Design Holding S.p.A.
  • 12.6.17. Rolf Benz
  • 12.6.18. Ligne Roset
  • 12.6.19. Steris plc
  • 12.6.20. Godrej & Boyce Mfg. Co. Ltd.
  • 13. Strategic Recommendations
  • 14. Annexure
  • 14.1. FAQ`s
  • 14.2. Notes
  • 14.3. Related Reports
  • 15. Disclaimer

List of Table
Table 1 : Global Furniture Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2 : Influencing Factors for Global Furniture Market, 2022
Table 3: Top 10 Counties Economic Snapshot 2020
Table 4: Economic Snapshot of Other Prominent Countries 2020
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Furniture Market Size and Forecast, By Geography (2017 to 2028F) (In USD Billion)
Table 7 : Global Furniture Market Size and Forecast, By Material (2017 to 2028F) (In USD Billion)
Table 8 : Global Furniture Market Size and Forecast, By Product (2017 to 2028F) (In USD Billion)
Table 9 : Global Furniture Market Size and Forecast, By Category (2017 to 2028F) (In USD Billion)
Table 10 : Global Furniture Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 11 : Global Furniture Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 12 : North America Furniture Market Size and Forecast, By Material (2017 to 2028F) (In USD Billion)
Table 13 : North America Furniture Market Size and Forecast, By Product (2017 to 2028F) (In USD Billion)
Table 14 : North America Furniture Market Size and Forecast, By Category (2017 to 2028F) (In USD Billion)
Table 15 : North America Furniture Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 16 : North America Furniture Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 17 : United States Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 18 : United States Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 19 : United States Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 20 : United States Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 21 : Canada Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 22 : Canada Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 23 : Canada Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 24 : Canada Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 25 : Mexico Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 26 : Mexico Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 27 : Mexico Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 28 : Mexico Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 29 : Europe Furniture Market Size and Forecast, By Material (2017 to 2028F) (In USD Billion)
Table 30 : Europe Furniture Market Size and Forecast, By Product (2017 to 2028F) (In USD Billion)
Table 31 : Europe Furniture Market Size and Forecast, By Category (2017 to 2028F) (In USD Billion)
Table 32 : Europe Furniture Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 33 : Europe Furniture Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 34 : Germany Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 35 : Germany Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 36 : Germany Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 37 : Germany Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 38 : United Kingdom Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 39 : United Kingdom Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 40 : United Kingdom Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 41 : United Kingdom Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 42 : France Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 43 : France Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 44 : France Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 45 : France Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 46 : Italy Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 47 : Italy Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 48 : Italy Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 49 : Italy Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 50 : Spain Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 51 : Spain Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 52 : Spain Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 53 : Spain Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 54 : Russia Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 55 : Russia Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 56 : Russia Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 57 : Russia Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 58 : Asia-Pacific Furniture Market Size and Forecast, By Material (2017 to 2028F) (In USD Billion)
Table 59 : Asia-Pacific Furniture Market Size and Forecast, By Product (2017 to 2028F) (In USD Billion)
Table 60 : Asia-Pacific Furniture Market Size and Forecast, By Category (2017 to 2028F) (In USD Billion)
Table 61 : Asia-Pacific Furniture Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 62 : Asia-Pacific Furniture Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 63 : China Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 64 : China Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 65 : China Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 66 : China Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 67 : Japan Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 68 : Japan Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 69 : Japan Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 70 : Japan Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 71 : India Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 72 : India Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 73 : India Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 74 : India Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 75 : Australia Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 76 : Australia Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 77 : Australia Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 78 : Australia Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 79 : South Korea Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 80 : South Korea Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 81 : South Korea Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 82 : South Korea Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 83 : South America Furniture Market Size and Forecast, By Material (2017 to 2028F) (In USD Billion)
Table 84 : South America Furniture Market Size and Forecast, By Product (2017 to 2028F) (In USD Billion)
Table 85 : South America Furniture Market Size and Forecast, By Category (2017 to 2028F) (In USD Billion)
Table 86 : South America Furniture Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 87 : South America Furniture Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 88 : Brazil Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 89 : Brazil Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 90 : Brazil Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 91 : Brazil Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 92 : Argentina Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 93 : Argentina Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 94 : Argentina Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 95 : Argentina Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 96 : Colombia Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 97 : Colombia Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 98 : Colombia Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 99 : Colombia Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 100 : Middle East & Africa Furniture Market Size and Forecast, By Material (2017 to 2028F) (In USD Billion)
Table 101 : Middle East & Africa Furniture Market Size and Forecast, By Product (2017 to 2028F) (In USD Billion)
Table 102 : Middle East & Africa Furniture Market Size and Forecast, By Category (2017 to 2028F) (In USD Billion)
Table 103 : Middle East & Africa Furniture Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 104 : Middle East & Africa Furniture Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 105 : United Arab Emirates Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 106 : United Arab Emirates Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 107 : United Arab Emirates Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 108 : United Arab Emirates Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 109 : Saudi Arabia Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 110 : Saudi Arabia Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 111 : Saudi Arabia Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 112 : Saudi Arabia Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 113 : South Africa Furniture Market Size and Forecast By Material (2017 to 2028F) (In USD Billion)
Table 114 : South Africa Furniture Market Size and Forecast By Product (2017 to 2028F) (In USD Billion)
Table 115 : South Africa Furniture Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 116 : South Africa Furniture Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)

List of Figures
Figure 1: Global Furniture Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Global Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 5: Global Furniture Market Share By Region (2022)
Figure 6: North America Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: North America Furniture Market Share By Country (2022)
Figure 8: US Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 9: Canada Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 10: Mexico Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: Europe Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 12: Europe Furniture Market Share By Country (2022)
Figure 13: Germany Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 14: UK Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 15: France Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 16: Italy Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 17: Spain Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 18: Russia Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 19: Asia-Pacific Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 20: Asia-Pacific Furniture Market Share By Country (2022)
Figure 21: China Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 22: Japan Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 23: India Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 24: Australia Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 25: South Korea Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 26: South America Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 27: South America Furniture Market Share By Country (2022)
Figure 28: Brazil Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 29: Argentina Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 30: Columbia Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 31: Middle East & Africa Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 32: Middle East & Africa Furniture Market Share By Country (2022)
Figure 33: UAE Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 34: Saudi Arabia Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 35: South Africa Furniture Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 36: Competitive Dashboard of top 5 players, 2022
Figure 37: Market Share insights of key players, 2022
Figure 38: Porter's Five Forces of Global Furniture Market

Feed Phosphate Market Research FAQs

The global furniture market refers to the worldwide industry that manufactures and sells furniture products for residential, commercial, and institutional use. It encompasses a wide range of products, including sofas, chairs, tables, beds, cabinets, and more.

Several factors influence the global furniture market, including economic conditions, consumer preferences, urbanization, population growth, and trends in interior design and home improvement. Additionally, sustainability and eco-friendly materials have become important factors in recent years.

The global furniture market has many key players, both multinational corporations and smaller, specialized companies. Some of the well-known global furniture companies include IKEA, Ashley Furniture Industries, Steelcase, Herman Miller, and HNI Corporation.

North America, Europe, and Asia Pacific are some of the largest consumers of furniture globally. The specific regions that dominate can vary depending on economic conditions and population growth.

E-commerce has had a significant impact on the furniture market by making it easier for consumers to browse and purchase furniture online. Many traditional brick-and-mortar furniture retailers have expanded their online presence, and several online-only furniture companies have emerged.

Challenges in the furniture market include competition, rising material costs, supply chain disruptions, and changing consumer preferences. Additionally, sustainability and environmental concerns have led to increased scrutiny of furniture manufacturing practices.

Sustainability in the furniture market involves using eco-friendly materials, reducing waste, and adopting sustainable manufacturing practices. It also includes considerations of the product lifecycle, from design and production to disposal and recycling.

The COVID-19 pandemic had mixed effects on the furniture market. While there was a surge in demand for home office furniture due to remote work, other segments, such as commercial and hospitality furniture, faced challenges. Supply chain disruptions also impacted the industry.
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Global Furniture Market Outlook, 2028

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